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THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC

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Public IRS 990 nonprofit record

THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC

EIN 95-4501165 · Leadership Development (W70)

What they do

THE LATIN ACADEMY of RECORDING ARTS & SCIENCES, INC. WAS ESTABLISHED BY THE NATIONAL ACADEMY of RECORDING ARTS & SCIENCES to ADVANCE THE ARTS and SCIENCES of RECORDING and to FOSTER CREATIVE LEADERSHIP for ARTISTIC, CULTURAL, EDUCATIONAL, and TECHNICAL PROGRESS IN THE RECORDING FIELD IN LATIN AMERICA and THE LATIN COMMUNITY of THE UNITED STATES. A PRIMARY ACTIVITY of THE ORGANIZATION is THE RECOGNITION of OUTSTANDING CREATIVE and TECHNICAL ACHIEVEMENTS IN THE RECORDING ARTS BY ARTISTS IN THE LATIN COMMUNITY WHO ARE DEEMED to BE MOST WORTHY BY THEIR COLLEAGUES THROUGH AN ANNUAL PRESENTATION of AWARDS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

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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 leaders28 people are listed in the latest report.

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

Money made simple

$89.49spent for every $100 of revenueRevenue covered expenses this year.
$1.55in assets for every $1 spent this yearSome assets cannot be spent right away.
0.7%of its money came from giftsOther money may come from services or investments.

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  3. 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 $1,147,475 for MANUEL ABUD (CEO). Compare pay with organizations of similar size and complexity.

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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.

Money in and money out

Revenue$39,893,258
Expenses$35,698,880
Annual surplus $4,194,378 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$39,893,258
Expenses$35,698,880
Assets$55,461,729
Income$83,994,996
Contributions$263,570
Grants given$10,525,050
Average grant$501,193
Stocks and bonds$41,324,264
Accounting fees$250,400
Investing fees$147,445
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
MANUEL ABUDCEO · 40 hrs/week $1,147,475Base $1,105,113 · Other $42,362
LUIS DOUSDEBESCHIEF AWARDS, MEMBERSHIP & PRESERVATION OFFICER · 40 hrs/week $662,532Base $621,249 · Other $41,283
JAVIER AGUIRRECHIEF FINANCIAL OFFICER · 40 hrs/week $608,735Base $562,003 · Other $46,732
ENRIQUE PEREZHEAD OF PARTNERSHIPS & CLIENT SOLUTIONS · 40 hrs/week $472,179Base $425,338 · Other $46,841
AIDA SCORZASENIOR VICE PRESIDENT, AWARDS · 40 hrs/week $468,390Base $438,956 · Other $29,434
IVELIESSE MALAVESVP COMMUNICATIONS, ARTIST & INDUSTRY RELATIONS · 40 hrs/week $339,341Base $320,600 · Other $18,741
AYLEEN FIGUERASSENIOR VICE PRESIDENT, PRODUCTION · 40 hrs/week $330,797Base $292,039 · Other $38,758
LAURA DERGALHEAD OF MARKETING & CONTENT DEVELOPMENT · 40 hrs/week $327,125Base $287,795 · Other $39,330
ADRIANO HAUBENTHALSR. DIRECTOR, PRODUCT MANAGEMENT · 40 hrs/week $227,348Base $177,169 · Other $50,179
GABRIEL ABAROAPRESIDENT EMERITUS · 40 hrs/week $224,732Base $200,879 · Other $23,853
MELANIE GALARCESR. DIRECTOR, PARTNERSHIPS · 40 hrs/week $190,687Base $144,532 · Other $46,155

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 (28)

MANUEL ABUDCEO

LUIS DOUSDEBESCHIEF AWARDS, MEMBERSHIP & PRESERVATION OFFICER

JAVIER AGUIRRECHIEF FINANCIAL OFFICER

ENRIQUE PEREZHEAD OF PARTNERSHIPS & CLIENT SOLUTIONS

AIDA SCORZASENIOR VICE PRESIDENT, AWARDS

IVELIESSE MALAVESVP COMMUNICATIONS, ARTIST & INDUSTRY RELATIONS

AYLEEN FIGUERASSENIOR VICE PRESIDENT, PRODUCTION

LAURA DERGALHEAD OF MARKETING & CONTENT DEVELOPMENT

ADRIANO HAUBENTHALSR. DIRECTOR, PRODUCT MANAGEMENT

GABRIEL ABAROAPRESIDENT EMERITUS

MELANIE GALARCESR. DIRECTOR, PARTNERSHIPS

LAURA TESORIEROCHAIR EMERITUS

TAMMY HURTTRUSTEE

RICO LOVETRUSTEE

RAFA SARDINATRUSTEE

PATRICIA CANTUTRUSTEE

MAUREEN REIDYTRUSTEE

MANUEL TEJADATRUSTEE

ALEXANDRA LIOUTIKOFFTRUSTEE

LUIS ALVAREZ FIOLTRUSTEE

ALOYSIO REISSECRETARY

EDUARDO BERGALLOTRUSTEE

HARVEY MASON JRTRUSTEE

EVA CEBRIANVICE CHAIRWOMAN

ERIKA ENDERTRUSTEE

CARLOS ALVAREZTRUSTEE

EDUARDO WEISETREASURER

EDUARDO HUTTCHAIRMAN OF THE BOARD

About this charity

Recognized since
January 1997
Location
3470 NW 82ND AVE STE 600, DORAL, FL 33122-1178
County
Miami-Dade
In care of
% LUIS DOUSDEBES
Primary officer
JAVIER AGUIRRE, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
February 1, 2024
Return type
990
Tax preparer
DELOITTE TAX LLP
NTEE classification
Leadership Development (W70)
IRS tax category
Leadership Development
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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