Hispanic Society Of America
Hispanic Society Of America maintains strong asset base and zero reported officer compensation.
EIN: 135661025 · New York, NY · NTEE: A23Z · Updated: 2026-03-28
Is Hispanic Society Of America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hispanic Society Of America directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hispanic Society Of America
Hispanic Society Of America (EIN: 135661025) is a nonprofit organization based in New York, NY, classified under NTEE code A23Z. The organization reported total revenue of $14.4M and total assets of $103.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hispanic Society Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hispanic Society Of America is a large nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $5.8M |
| Surplus / Deficit | +$206K |
| Total Assets | $89.6M |
| Total Liabilities | $1.6M |
| Net Assets | $88.0M |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 184.7 months |
Financial Health Grade: A
In 2023, Hispanic Society Of America reported a surplus of $206K with revenue exceeding expenses, holds 184.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hispanic Society Of America's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | -6.5% | +8.1% |
| 2022 | +9.8% | +18.3% | -17.7% |
| 2021 | -52.2% | +0.7% | +9.8% |
| 2020 | +62.1% | -3.5% | +10.2% |
| 2019 | -4.8% | +9.8% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hispanic Society Of America with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hispanic Society Of America allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $206K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of this size with over $100 million in assets and millions in annual revenue, suggesting either volunteer leadership or compensation is covered by another entity, which warrants further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hispanic Society Of America's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure actual leadership compensation if paid by a related entity.
- Fluctuations in revenue, such as the drop from $10,712,375 in 202009 to $5,124,176 in 202109, warrant understanding the underlying causes.
Strengths
The following positive indicators were identified for Hispanic Society Of America:
- Strong and growing asset base, reaching $103,525,325.
- Consistent reporting of 0% officer compensation, indicating a potential dedication to mission over executive salaries.
- Generally responsible expense management, with expenses often below or close to revenue.
- Clear alignment with its NTEE code (Museums, Historical Societies, etc.) and organizational name.
Frequently Asked Questions about Hispanic Society Of America
Is Hispanic Society Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Hispanic Society Of America (EIN: 135661025) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Hispanic Society Of America spend its money?
Hispanic Society Of America directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hispanic Society Of America tax-deductible?
Hispanic Society Of America is registered as a tax-exempt nonprofit (EIN: 135661025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Hispanic Society Of America a good charity?
Based on the available data, the Hispanic Society Of America appears to be a financially stable organization with a strong asset base and a commendable record of 0% reported officer compensation, suggesting a high dedication to its mission. Its consistent spending within or close to its revenue indicates responsible financial management. However, the lack of reported officer compensation for an organization of its size could warrant further inquiry into how leadership is compensated, if at all, to fully assess its operational transparency.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well relative to its revenue. For instance, in 202309, expenses were $5,821,561 against revenue of $6,027,858, showing a surplus. While there were periods where expenses slightly exceeded revenue (e.g., 202209 with $6,226,982 in expenses vs. $5,628,269 in revenue), the overall trend indicates prudent financial oversight, especially considering the significant asset growth.
What is the trend in the organization's assets?
The organization's assets have shown significant growth over the years, increasing from $41,108,374 in 201709 to $103,525,325 in the latest reported period. This substantial increase indicates strong financial health and potentially successful investment strategies or significant contributions.
Is the 0% officer compensation truly indicative of no executive pay?
While the IRS 990 filings consistently report 0% officer compensation, for an organization with over $100 million in assets and millions in annual revenue, this is highly unusual. It could mean that executive leadership is entirely volunteer, or that compensation is paid by a related organization not reflected in these specific filings. Further investigation beyond the 990 summary data would be needed to confirm the full compensation structure.
Filing History
IRS 990 filing history for Hispanic Society Of America showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hispanic Society Of America's revenue has grown by 119.9%, moving from $2.7M to $6.0M. Total assets increased by 107.3% over the same period, from $43.2M to $89.6M. Total functional expenses rose by 11.2%, from $5.2M to $5.8M. In its most recent filing year (2023), Hispanic Society Of America reported a surplus of $206K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $89.6M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $88.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $5.8M | $89.6M | $1.6M | — | View 990 |
| 2022 | $5.6M | $6.2M | $82.9M | $2.7M | — | View 990 |
| 2021 | $5.1M | $5.3M | $100.8M | $4.8M | — | View 990 |
| 2020 | $10.7M | $5.2M | $91.8M | $6.7M | — | — |
| 2019 | $6.6M | $5.4M | $83.3M | $6.8M | — | View 990 |
| 2018 | $6.9M | $4.9M | $83.5M | $4.1M | — | View 990 |
| 2017 | $3.9M | $4.8M | $41.1M | $3.9M | — | View 990 |
| 2016 | $4.9M | $6.7M | $42.6M | $4.4M | — | View 990 |
| 2015 | $4.4M | $5.9M | $43.2M | $3.2M | — | View 990 |
| 2014 | $5.2M | $6.9M | $44.1M | $2.5M | — | View 990 |
| 2013 | $4.3M | $4.8M | $45.7M | $2.4M | — | View 990 |
| 2012 | $7.9M | $3.9M | $46.3M | $2.6M | — | View 990 |
| 2011 | $2.7M | $5.2M | $43.2M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $5.8M, and assets of $89.6M (revenue +7.1% year-over-year).
- 2022: Revenue of $5.6M, expenses of $6.2M, and assets of $82.9M (revenue +9.8% year-over-year).
- 2021: Revenue of $5.1M, expenses of $5.3M, and assets of $100.8M (revenue -52.2% year-over-year).
- 2020: Revenue of $10.7M, expenses of $5.2M, and assets of $91.8M (revenue +62.1% year-over-year).
- 2019: Revenue of $6.6M, expenses of $5.4M, and assets of $83.3M (revenue -4.8% year-over-year).
- 2018: Revenue of $6.9M, expenses of $4.9M, and assets of $83.5M (revenue +80.1% year-over-year).
- 2017: Revenue of $3.9M, expenses of $4.8M, and assets of $41.1M (revenue -20.7% year-over-year).
- 2016: Revenue of $4.9M, expenses of $6.7M, and assets of $42.6M (revenue +11.6% year-over-year).
- 2015: Revenue of $4.4M, expenses of $5.9M, and assets of $43.2M (revenue -16.2% year-over-year).
- 2014: Revenue of $5.2M, expenses of $6.9M, and assets of $44.1M (revenue +20.3% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.8M, and assets of $45.7M (revenue -45.3% year-over-year).
- 2012: Revenue of $7.9M, expenses of $3.9M, and assets of $46.3M (revenue +187.8% year-over-year).
- 2011: Revenue of $2.7M, expenses of $5.2M, and assets of $43.2M.
Data Sources and Methodology
This transparency report for Hispanic Society Of America 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.