CREARTE LATINO CULTURAL CENTER CORP Charity Report

Public IRS 990 nonprofit record

CREARTE LATINO CULTURAL CENTER CORP

EIN 30-0969540 · Theater (A65)

What they do

CREARTE LATINO CULTURAL CENTERS MISSION, AS ADOPTED BY ITS GOVERNING BODY, is to FOSTER ARTISTIC and CULTURAL EXPRESSION BY UNITING THE LATINO/HISPANIC COMMUNITY WITH THE BROADER PUBLIC THROUGH INCLUSIVE and ACCESSIBLE PROGRAMMING. CREARTE LATINO CULTURAL CENTERS MISSION is to BE A CHANNEL for CULTURAL EXCHANGE BETWEEN LATINX/HISPANICS and THE COMMUNITY AT LARGE THROUGH THE ARTS, EDUCATION, and SERVICE. CREARTE SERVES PEOPLE of ALL AGES and CULTURES. CREARTE OFFERS PLAYS, IMPROV SHOWS, MUSIC and DANCE EVENTS, and MORE. WE ALSO OFFER WORKSHOPS AT LOW COST, and SCHOLARSHIPS ARE ALWAYS AVAILABLE (OUR EDUCATIONAL PROGRAMS INCLUDE THEATER, MUSIC MAKING, ENGLISH, SPANISH, AMIGOS BOOK CLUB and PAINTING) and SUPPORT to ADULTS, CHILDREN, and FAMILIES THROUGH NUESTRA COMUNIDAD (COMMUNITY CONVERSATIONS FROM OTHER NON-PROFIT GROUPS PRESENTING THEIR OFFERINGS IN SPANISH, THIS is COMPLETELY FREE).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $44.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

51.28%of revenue went to mission work44.3% of expenses · Program services

17.55%of revenue went to fundraising15.2% of expenses

$41.15spent for every $100 of revenueRevenue covered expenses this year.

46.91%of revenue went to management and office costs40.5% of expenses

$2.18in assets for every $1 spent this yearSome assets cannot be spent right away.

32.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $60,000 for CAROLINA FRANCO (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$188,130

Mission workProgram services$96,47751.28% of revenue44.3% of expenses

ManagementOffice and general costs$88,26046.91% of revenue40.5% of expenses

FundraisingAsking for donations$33,02117.55% of revenue15.2% of expenses

Total expenses$217,758115.75% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 44.3% mission · 40.5% management · 15.2% fundraisingTotal expenses: 115.75% of revenue

2023Expense mix: 30.2% mission · 64.7% management · 5.2% fundraisingTotal expenses: 49.43% of revenue

2022Expense mix: 97.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 103.40% of revenue

2021Expense mix: 13.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 27.93% of revenue

Money in and money out

Revenue$529,192

Expenses$217,758

Annual surplus $311,434 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$96,477 · 44.3% of expenses

Management and office costs$88,260 · 40.5% of expenses

Fundraising$33,021 · 15.2% of expenses

See all reported dollar amounts

Revenue$529,192

Expenses$217,758

Assets$474,360

Income$529,192

Contributions$172,112

Mission work (program services)$96,477

Fundraising$33,021

Management and general$88,260

Accounting fees$1,839

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CAROLINA FRANCODIRECTOR · 40 hrs/week $60,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

CAROLINA FRANCODIRECTOR

AMANDA RICOSECRETARY

CLARA VILLANUEVAPRESIDENT

DANIEL DELEOVICE PRESIDE

KILVIAN TIBURICOTREASURER

WILL LUERADIRECTOR

About this charity

Recognized since: January 2017
Location: 1913 NORTHGATE BLVD, SARASOTA, FL 34234-2143
County: Manatee
In care of: KILVIAN TIBURICO
Primary officer: KILVIAN TIBURICO, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@creartelatino.org Phone(941) 732-7191

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: WILSON TAX AND ACCOUNTING INC
NTEE classification: Theater (A65)
IRS tax category: Theater