Afromundo
Afromundo is an arts and culture nonprofit based in Albuquerque, NM, formed in 2003. For fiscal year 2024 it reported $418K in revenue, $220K in expenses, and $262K in net assets.Pt I
- Founded
- 2003
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Albuquerque, NM
- Website
- afromundo.org
- Filings
- 2 on file (2023–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Loida Maritza Perez’s $55K as Pres. & Exec is at the 49th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2024 |
|---|---|---|
| Loida Maritza Perez | $54,932 | $22,650 |
| Kelli Bohannon | $8,500 | — |
| Adolphe Pierre Louis | $7,000 | — |
| Barbara Tran | $3,500 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
For more interactive programming, afromundo instituted a monthly "wellness and the art of expression" series to replace the monthly social justice film series. These in-person programs consist of presentations by local AND/OR visiting artists and tradition-bearers, followed by communal workshops to encourage self-expression via poetry…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 40% | — | — |
| Overhead ratio | 60% | — | — |
| Revenue growth | 224% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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