El Museo Latino
EIN: 470769493 · Omaha, NE · NTEE: A23Z
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $552K |
| Net Assets | $4.4M |
Is El Museo Latino Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About El Museo Latino
El Museo Latino (EIN: 470769493) is a nonprofit organization based in Omaha, NE, classified under NTEE code A23Z. The organization reported total revenue of $1.7M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of El Museo Latino's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
El Museo Latino is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $552K |
| Surplus / Deficit | +$2.4M |
| Total Assets | $4.4M |
| Total Liabilities | $5K |
| Net Assets | $4.4M |
| Operating Margin | 81.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 95.9 months |
Financial Health Grade: A
In 2023, El Museo Latino reported a surplus of $2.4M with revenue exceeding expenses, holds 95.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), El Museo Latino's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +135.5% | +14.7% | +122.9% |
| 2022 | +116.3% | -7.9% | +65.6% |
| 2021 | -31.8% | -16.0% | +5.2% |
| 2020 | +81.3% | +29.3% | +29.9% |
| 2019 | +16.7% | +18.3% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for El Museo Latino has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates El Museo Latino with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about El Museo Latino
Is El Museo Latino a legitimate charity?
Based on AI analysis of IRS 990 filings, El Museo Latino (EIN: 470769493) insufficient data. 0 red flags identified, 0 strengths noted.
How does El Museo Latino spend its money?
Detailed spending breakdown data is not yet available for El Museo Latino. Check back for updated IRS 990 analysis.
Are donations to El Museo Latino tax-deductible?
El Museo Latino is registered as a tax-exempt nonprofit (EIN: 470769493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is El Museo Latino located?
El Museo Latino is headquartered in Omaha, Nebraska and files with the IRS under EIN 470769493. It is classified under NTEE code A23Z.
How many years of IRS 990 filings does El Museo Latino have?
El Museo Latino has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for El Museo Latino showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), El Museo Latino's revenue has grown by 704.7%, moving from $370K to $3.0M. Total assets increased by 450.3% over the same period, from $802K to $4.4M. Total functional expenses rose by 34.7%, from $410K to $552K. In its most recent filing year (2023), El Museo Latino reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $5K in liabilities against $4.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $552K | $4.4M | $5K | — | — |
| 2022 | $1.3M | $482K | $2.0M | $0 | — | View 990 |
| 2021 | $585K | $523K | $1.2M | $0 | — | View 990 |
| 2020 | $858K | $622K | $1.1M | $14K | — | — |
| 2019 | $473K | $481K | $875K | $0 | — | View 990 |
| 2018 | $406K | $407K | $885K | $0 | — | View 990 |
| 2017 | $405K | $411K | $907K | $0 | — | View 990 |
| 2016 | $460K | $364K | $952K | $0 | — | View 990 |
| 2014 | $317K | $354K | $748K | $216K | — | View 990 |
| 2013 | $291K | $309K | $774K | $205K | — | View 990 |
| 2012 | $616K | $412K | $789K | $202K | — | View 990 |
| 2011 | $301K | $371K | $815K | $432K | — | View 990 |
| 2010 | $370K | $410K | $802K | $349K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $552K, and assets of $4.4M (revenue +135.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $482K, and assets of $2.0M (revenue +116.3% year-over-year).
- 2021: Revenue of $585K, expenses of $523K, and assets of $1.2M (revenue -31.8% year-over-year).
- 2020: Revenue of $858K, expenses of $622K, and assets of $1.1M (revenue +81.3% year-over-year).
- 2019: Revenue of $473K, expenses of $481K, and assets of $875K (revenue +16.7% year-over-year).
- 2018: Revenue of $406K, expenses of $407K, and assets of $885K (revenue +0.1% year-over-year).
- 2017: Revenue of $405K, expenses of $411K, and assets of $907K (revenue -12.0% year-over-year).
- 2016: Revenue of $460K, expenses of $364K, and assets of $952K (revenue +45.1% year-over-year).
- 2014: Revenue of $317K, expenses of $354K, and assets of $748K (revenue +9.0% year-over-year).
- 2013: Revenue of $291K, expenses of $309K, and assets of $774K (revenue -52.7% year-over-year).
- 2012: Revenue of $616K, expenses of $412K, and assets of $789K (revenue +104.5% year-over-year).
- 2011: Revenue of $301K, expenses of $371K, and assets of $815K (revenue -18.7% year-over-year).
- 2010: Revenue of $370K, expenses of $410K, and assets of $802K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for El Museo Latino:
Data Sources and Methodology
This transparency report for El Museo Latino is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.