Overview
What is Festival Chicano Inc?
Festival Chicano Inc is a nonprofit organization located in Houston, Texas, with a postal address. Their primary focus is on promoting, producing, and preserving Chicano culture. They achieve this through organizing music concerts, with the aim of benefiting approximately 28,000 people at a free park festival. The organization's activities are geared towards celebrating and showcasing the rich heritage and traditions of the Chicano community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Festival Chicano Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The rating is derived entirely from their Accountability & Finance score, which highlights the organization’s strong governance and financial practices. The charity excels in maintaining an independent board, with 100% of its board members being independent, and demonstrates effective meeting documentation.
The financial health of Festival Chicano Inc is also solid, as evidenced by a perfect liabilities to assets ratio of 0.00%. The organization allocates a significant portion of its resources towards its programs, reflected in an impressive program expense ratio of 88.76%. This suggests that the majority of donations are likely being used effectively to further their mission.
However, while the charity shows strengths in governance and financial metrics, the overall rating of 73% indicates that there may still be opportunities for improvement in other areas that could enhance its performance and transparency. Overall, Festival Chicano Inc demonstrates a commitment to accountability, but potential donors may want to consider the broader context of its overall mission and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Festival Chicano Inc legitimate?
Festival Chicano Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Festival Chicano Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Festival Chicano Inc?
Festival Chicano Inc is dedicated to the promotion, production, and preservation of Chicano culture. This non-profit organization strives to achieve this mission through various cultural programming, notably music concerts. These events are often held in public parks and are free of charge, benefiting approximately 28,000 individuals. By doing so, Festival Chicano Inc contributes to celebrating and disseminating the rich heritage of the Chicano community.
Who is the CEO of Festival Chicano Inc?
Daniel Bustamante is the Director of Festival Chicano Inc.
What is the revenue of Festival Chicano Inc?
Festival Chicano Inc's revenue in 2022 was $76,500.
Who are the executives of Festival Chicano Inc and what are their salaries?
There 30 volunteers at Festival Chicano Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Festival Chicano Inc?
Festival Chicano Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Festival Chicano Inc
Festival Chicano Inc is committed to the promotion, production, and preservation of Chicano culture. This nonprofit organization's mission is to foster an appreciation for Chicano heritage through various cultural programming activities, primarily music concerts. These concerts are designed to benefit a substantial number of individuals, reaching approximately 28,000 people in a free park festival setting. Through its efforts, Festival Chicano Inc contributes to the enrichment of the community by celebrating and sharing the unique Chicano culture, promoting understanding and unity among diverse populations.
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Impact
August, 2024
Festival Chicano Inc's impact is significant in the promotion, production, and preservation of Chicano culture. Through cultural programming such as music concerts, they benefit around 28,000 people annually at a free park festival in Houston, Texas. Their mission revolves around promoting, producing, and preserving Chicano culture through various art forms, primarily music. This organization plays a critical role in celebrating and showcasing Chicano heritage, thereby fostering a sense of community and pride among Chicano individuals and their supporters.
This information is meant to be a general summary of Festival Chicano Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $76,500
Assets and Liabilities:
- Total Assets: $23,672
- Total Liabilities: $0
- Net Assets: $23,672
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Organization Details
Founding Year
1979
Phone
(713) 882-1649Principal Officer
Daniel Bustamante
Main Address
PO BOX 3493, HOUSTON, TX, 77253
NTEE Category
Code: A230 - Arts
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