Overview
What is National Hispanic Cultural Center Foundation?
The National Hispanic Cultural Center Foundation is a nonprofit organization based in Albuquerque, New Mexico, with a focus on supporting the National Hispanic Cultural Center. Their mission revolves around preserving, promoting, and advancing Hispanic culture, arts, and humanities. The foundation carries out this objective through various activities, including a membership program that offers exclusive access to events and preview screenings. One of their significant initiatives is the DreamBuilders event, which encourages STEAM education among students from 6th grade to college and recognizes prominent figures in these fields. Additionally, the foundation organizes an annual gala, Maravilla, celebrating the achievements and impact of the National Hispanic Cultural Center. The foundation also secures funding for the center's programs through grants, public, and private support, including both restricted and unrestricted gifts. With a team of five dedicated individuals, the National Hispanic Cultural Center Foundation plays a crucial role in fostering Hispanic culture and heritage.
Official website here: www.nhccfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The National Hispanic Cultural Center Foundation has achieved a Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization scored particularly well in areas such as board independence, with 100% of its members being independent, and it demonstrated strong governance policies including the presence of a conflict of interest policy and a whistleblower policy.
Despite these strengths, the foundation's program expense ratio of 62.53% indicates that a portion of its expenditures is allocated outside of direct programming. This is a noteworthy point, as it suggests there may be room for improvement in ensuring that a greater share of resources are directed toward its core mission. Overall, the foundation exhibits strong fiscal responsibility and governance practices, making it a trustworthy organization for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is National Hispanic Cultural Center Foundation legitimate?
National Hispanic Cultural Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Hispanic Cultural Center Foundation 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: $88,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,296
For more financial information, click here
Official website here: www.nhccfoundation.org
What is the mission statement of National Hispanic Cultural Center Foundation?
The National Hispanic Cultural Center Foundation's mission is centered around supporting the National Hispanic Cultural Center. This organization is dedicated to preserving, promoting, and advancing Hispanic culture, arts, and humanities. The foundation's activities include a membership program offering access to special events and preview screenings, as well as the Annual Dreambuilders event, which celebrates science, engineering, arts, and mathematics (STEM) through educational opportunities for individuals from 6th grade to college. Role models in the STEM disciplines are also highlighted during this event. Additionally, the foundation hosts an annual signature gala event titled Maravilla, which celebrates the accomplishments and impact of the National Hispanic Cultural Center, drawing inspiration from a different region of the Hispanic world each year. The foundation also secures significant grant, public, and private support for the National Hispanic Cultural Center's programs through both restricted funds and unrestricted gifts.
Official website here: www.nhccfoundation.org
Who is the CEO of National Hispanic Cultural Center Foundation?
John Martinez is the Director of National Hispanic Cultural Center Foundation.
Official website here: www.nhccfoundation.org
What is the revenue of National Hispanic Cultural Center Foundation?
National Hispanic Cultural Center Foundation's revenue in 2022 was $1,018,099.
Official website here: www.nhccfoundation.org
Who are the executives of National Hispanic Cultural Center Foundation and what are their salaries?
The average compensation at National Hispanic Cultural Center Foundation during 2022 was $46,290. There are 5 employees and 50 volunteers at National Hispanic Cultural Center Foundation.
Here are 26 key members and their salaries:
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- Compensation: $96,249
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- Other: $10,699
Official website here: www.nhccfoundation.org
Where can I find the form 990 for National Hispanic Cultural Center Foundation?
National Hispanic Cultural Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nhccfoundation.org
Learn more at the official website: www.nhccfoundation.org
Mission Statement of National Hispanic Cultural Center Foundation
The National Hispanic Cultural Center Foundation's mission is centered around supporting the National Hispanic Cultural Center. This organization is dedicated to preserving, promoting, and advancing Hispanic culture, arts, and humanities. The foundation's role is instrumental in ensuring the center's success and growth.
In addition to its supporting role, the National Hispanic Cultural Center Foundation also engages in development activities. A significant part of these activities is a membership program that offers exclusive access to special events and preview screenings. The foundation also hosts the Dreambuilders event annually, which celebrates science, engineering, arts, and mathematics (STEM) through educational opportunities for individuals from sixth grade through college. This event highlights the achievements of role models in the STEM disciplines, fostering inspiration and knowledge in the younger generation.
Furthermore, the National Hispanic Cultural Center Foundation secures substantial grant, public, and private support for the center's programs. This support comes in the form of both restricted funds and unrestricted gifts, enabling the National Hispanic Cultural Center to carry out its programs effectively and continue its mission of preserving and promoting Hispanic culture, arts, and humanities.
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Impact
July, 2024
The National Hispanic Cultural Center Foundation's impact revolves around supporting the National Hispanic Cultural Center in Albuquerque, NM. Through a robust membership program, the foundation provides access to special events, preview screenings, educational opportunities in STEAM disciplines, and an annual signature gala event called Maravilla. Additionally, the foundation secures significant grant, public, and private support for the NHCC's programs, contributing to the preservation, promotion, and advancement of Hispanic culture, arts, and humanities.
This information is meant to be a general summary of National Hispanic Cultural Center Foundation. 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.
- Investment Income: $19,317
- Program Service Revenue: $4,881
- Gross Receipts: $1,101,536
Assets and Liabilities:
- Total Assets: $1,668,553
- Total Liabilities: $143,153
- Net Assets: $1,525,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CENTER TUITION REVENUE
Revenue
$4,881
Organization Details
Founding Year
1983
Phone
(505) 766-9858Principal Officer
John Martinez
Main Address
1701 4TH STREET SW, ALBUQUERQUE, NM, 87102
Website
www.nhccfoundation.orgNTEE Category
Code: A110 - Arts
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