MUSEUM OF LATIN AMERICAN ART Charity Report

Public IRS 990 nonprofit record

MUSEUM OF LATIN AMERICAN ART

EIN 33-0786070 · Arts, Culture & Humanities (A500)

What they do

THE SPECIFIC PURPOSE of THIS CORPORATION is TO: EXPAND KNOWLEDGE and APPRECIATION of MODERN and CONTEMPORARY LATIN AMERICAN TINE ART THAT HAS BEEN CREATED SINCE WORLD WAR II; to OPERATE A MUSEUM; to COLLECT and DISPLAY LATIN AMERICAN CONTEMPORARY ART; to PROVIDE EDUCATION and RESEARCH SERVICES REGARDING MODERN and CONTEMPORARY LATIN AMERICAN TINE ART.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.40 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 leaders24 people are listed in the latest report.

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

Money made simple

123.43%of revenue went to mission work64.4% of expenses · Program services

15.44%of revenue went to fundraising8.1% of expenses

$192.90spent for every $100 of revenueSpending was higher than revenue this year.

52.71%of revenue went to management and office costs27.5% of expenses

$5.75in assets for every $1 spent this yearSome assets cannot be spent right away.

69.3%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.

Worth asking: Expenses exceeded revenue by $3,316,858 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $341,250 for LOURDES RAMOS-RIVAS (CEO). 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$3,595,143

Mission workProgram services$4,437,320123.43% of revenue64.4% of expenses

ManagementOffice and general costs$1,894,90152.71% of revenue27.5% of expenses

FundraisingAsking for donations$554,92915.44% of revenue8.1% of expenses

Total expenses$6,887,150191.57% 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: 64.4% mission · 27.5% management · 8.1% fundraisingTotal expenses: 191.57% of revenue

2023Expense mix: 65.5% mission · 24.8% management · 9.6% fundraisingTotal expenses: 117.95% of revenue

2022Expense mix: 63.3% mission · 27.7% management · 9.1% fundraisingTotal expenses: 91.03% of revenue

2021Expense mix: 63.6% mission · 29.3% management · 7.1% fundraisingTotal expenses: 141.61% of revenue

2020Expense mix: 62.7% mission · 30.4% management · 7.0% fundraisingTotal expenses: 135.48% of revenue

2019Expense mix: 63.5% mission · 28.5% management · 8.0% fundraisingTotal expenses: 206.77% of revenue

2018Expense mix: 61.7% mission · 24.0% management · 14.3% fundraisingTotal expenses: 120.02% of revenue

2017Expense mix: 59.8% mission · 22.0% management · 18.2% fundraisingTotal expenses: 176.92% of revenue

Money in and money out

Revenue$3,570,292

Expenses$6,887,150

Annual shortfall $3,316,858 Expenses were higher than revenue 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)$4,437,320 · 64.4% of expenses

Management and office costs$1,894,901 · 27.5% of expenses

Fundraising$554,929 · 8.1% of expenses

See all reported dollar amounts

Revenue$3,570,292

Expenses$6,887,150

Assets$39,604,821

Income$5,139,213

Contributions$2,474,205

Mission work (program services)$4,437,320

Fundraising$554,929

Management and general$1,894,901

Executive compensation (total)$276,758

Stocks and bonds$12,549,164

Accounting fees$55,798

Investing fees$38,782

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

LOURDES RAMOS-RIVASCEO · 40 hrs/week $341,250Base $333,250 · Other $8,000

CEDRIC WOOLFORKCFO/COO · 40 hrs/week $179,256

JENNIFER CARRVP OF DEVELOPMENT · 40 hrs/week $175,000

GABRIELA URTIAGACHIEF CURATOR · 40 hrs/week $169,855Base $165,000 · Other $4,855

DINA BARAKATDIR. OF BANQUETS & SPECIAL EVENTS · 40 hrs/week $159,963

SOLIMAR SOLASVP CONTENT/INNOVATION & OUTREACH · 40 hrs/week $131,129Base $127,330 · Other $3,799

ALISON HENEYVP OF LEARNING & PUBLIC PROGRAMS · 40 hrs/week $123,496Base $120,000 · Other $3,496

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 (24)

LOURDES RAMOS-RIVASCEO

CEDRIC WOOLFORKCFO/COO

JENNIFER CARRVP OF DEVELOPMENT

GABRIELA URTIAGACHIEF CURATOR

DINA BARAKATDIR. OF BANQUETS & SPECIAL EVENTS

SOLIMAR SOLASVP CONTENT/INNOVATION & OUTREACH

ALISON HENEYVP OF LEARNING & PUBLIC PROGRAMS

MARIANNE GASTELUMDIRECTOR

ZACH HOROWITZSECRETARY

TIM DEGANITREASURER

TIFFANY L BARBARADIRECTOR

SOFIA RILEYVICE CHAIR

ROBERT BRAUN MDCO-CHAIR

RICHARD A NERIDIRECTOR (UNTIL JUNE 2024)

PAULA-ROSE WIHONGIDIRECTOR

MIKE DEOVLETCO-CHAIR

MARK TAYLORDIRECTOR

MARIO CORDERODIRECTOR

LYNNE OKON SCHOLNICKDIRECTOR

LISA MILTONDIRECTOR

KIKI LIZARRAGADIRECTOR

CELIA S DE BIRBRAGHERDIRECTOR

CASTULO DE LA ROCHADIRECTOR

BURKE GUMBINERDIRECTOR

About this charity

Recognized since: January 1999
Location: 628 ALAMITOS AVE, LONG BEACH, CA 90802-1513
County: Los Angeles
In care of: % DR ROBERT GUMBINER
Primary officer: DR LOURDES RAMOS-RIVAS, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailfrontdeskstaff@molaa.org Phone(562) 437-1689

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: VASQUEZ COMPANY LLP
NTEE classification: Arts, Culture & Humanities (A500)
IRS tax category: Museums