MUSEO DE ARTE DE PUERTO RICO INC Charity Report

Public IRS 990 nonprofit record

MUSEO DE ARTE DE PUERTO RICO INC

EIN 66-0537284 · Arts, Culture & Humanities (A510)

What they do

OPERATING AN ART MUSEUM THAT PROMOTES THE KNOWLEDGE and APPRECIATION of THE VISUAL ARTS IN PUERTO RICO.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $39.90 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 leaders20 people are listed in the latest report.

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

Money made simple

43.23%of revenue went to mission work39.9% of expenses · Program services

39.69%of revenue went to fundraising36.7% of expenses

$108.25spent for every $100 of revenueSpending was higher than revenue this year.

25.33%of revenue went to management and office costs23.4% of expenses

$5.18in assets for every $1 spent this yearSome assets cannot be spent right away.

50.2%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 $603,007 this year. Ask whether that was planned or caused by a one-time event.

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$7,308,690

Mission workProgram services$3,159,54543.23% of revenue39.9% of expenses

ManagementOffice and general costs$1,851,51125.33% of revenue23.4% of expenses

FundraisingAsking for donations$2,900,64139.69% of revenue36.7% of expenses

Total expenses$7,911,697108.25% 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: 39.9% mission · 23.4% management · 36.7% fundraisingTotal expenses: 108.25% of revenue

2023Expense mix: 29.8% mission · 69.8% management · 0.4% fundraisingTotal expenses: 60.01% of revenue

2022Expense mix: 18.6% mission · 77.4% management · 4.0% fundraisingTotal expenses: 99.73% of revenue

2021Expense mix: 18.2% mission · 73.6% management · 8.2% fundraisingTotal expenses: 82.90% of revenue

2020Expense mix: 23.3% mission · 70.1% management · 6.6% fundraisingTotal expenses: 36.19% of revenue

2015Expense mix: 30.5% mission · 69.5% management · 0.0% fundraisingTotal expenses: 98.14% of revenue

Money in and money out

Revenue$7,308,690

Expenses$7,911,697

Annual shortfall $603,007 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)$3,159,545 · 39.9% of expenses

Management and office costs$1,851,511 · 23.4% of expenses

Fundraising$2,900,641 · 36.7% of expenses

See all reported dollar amounts

Revenue$7,308,690

Expenses$7,911,697

Assets$40,974,710

Income$7,775,021

Contributions$3,671,393

Mission work (program services)$3,159,545

Fundraising$2,900,641

Management and general$1,851,511

Stocks and bonds$13,780,318

Accounting fees$27,291

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (20)

GUILLERMO PAZTRUSTEE

VERONICA VISOVICE-PRESIDE

RENE DE LA CRUZTRUSTEE

MELBA I ACOSTA FEBOTREASURER

MARIAM NOBLE GUILLEMARDTRUSTEE

MARCOS RODRIGUEZ-EMATRUSTEE

LILLIAN RAMOS ALCOVERTRUSTEE

JUAN A LARREA FRENCHPRESIDENT

JAN MADUROTRUSTEE

IGNACIO LOPEZTRUSTEE

BERTITA J MARTINEZTRUSTEE

GLORIA BENITEZSECRETARY

GILBERTO MONZONTRUSTEE

GILBERTO MARXUACHTRUSTEE

FERNANDO R BATLLETRUSTEE

EDUARDO R EMANUELLITRUSTEE

DIEGO R FIGUEROATRUSTEE

CESAR REYES LABORDETRUSTEE

CAROLINA STUBBETRUSTEE

CARLOS REMEDIOTRUSTEE

About this charity

Recognized since: January 1997
Location: 299 AVE DE DIEGO, SAN JUAN, PR 00909-1766
In care of: MARIA CRISTINA GAZTAMBIDE
Primary officer: MARIA CRISTINA GAZTAMBIDE, HIGHEST COMPENSATED

How to reach them

WebsiteVisit the charity’s website Phone(787) 977-6277

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PSV & COMPANY PSC
NTEE classification: Arts, Culture & Humanities (A510)
IRS tax category: Museums