Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
75 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990.
Arturo Carmona’s $170K as President is at the 74th percentile of top reported officer pay among 3924 $1–10M 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 · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Arturo Carmona | $169,750 | $121,000 | $96,000 |
| Esperanza Guevara | $123,972 | $69,823 | — |
| Osvaldo Albornoz | — | $120,000 | — |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Develops media campaigns with Latino partners to inform and engage the community.
Questions for Latino Media Collaborative
Your first name shows with your question. Latino Media Collaborative answers here, for everyone.
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Outreach and Education Campaigns
LMC develops high-impact media and outreach campaigns in partnership with the latino media sector to advance an informed and highly engaged latino community and to increase public and political will for policies that promote diversity, inclusion, and racial equity.
News content development. We continued to build and expand on our news content development, focusing on increased editing, reporting and content development capabilities. We launched a weekly digital newsletter, calo news, including activating its social media presence.
Training & capacity building. LMC and our affiliated media roundtables are working to build cross-sector coalitions between latino and ethnic media, issue leaders, and community influencers to ensure that our communities have access to high-quality independent news while building resiliency in the sector.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $53K | $531K |
| Total assetsLn 16 | $785K | $533K |
| LiabilitiesLn 26 | $36K | $54K |
| Net assetsLn 32 | $750K | $479K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $63K | $63K | ||
| Other salaries and wagesLn 7 | $26K | $13K | $13K | |
| Other employee benefitsLn 9 | $2K | $1K | $1K | |
| Payroll taxesLn 10 | $2K | $1K | $1K | |
| Accounting feesLn 11c | $25K | $25K | ||
| Other fees for servicesLn 11g | $297K | $189K | $35K | $73K |
| Advertising and promotionLn 12 | $4K | $4K | ||
| Office expensesLn 13 | $10K | $5K | $5K | $308 |
| Information technologyLn 14 | $450 | $450 | ||
| OccupancyLn 16 | $6K | $4K | $938 | $938 |
| TravelLn 17 | $4K | $4K | $108 | |
| Other expenses (24a–d)Ln 24 | $212K | $212K | ||
| All other expensesLn 24e | $9K | $1K | $3K | $5K |
| Total functional expensesLn 25 | $663K | $495K | $84K | $84K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.3M | $2.0M | −$705K | $508K | 990 PDF |
| FY2024 | $1.6M | $1.7M | −$104K | $1.2M | 990 PDF |
| FY2023 | $1.9M | $1.1M | $838K | $1.3M | 990 PDF |
| FY2022 Viewing | $393K | $663K | −$270K | $479K | 990 PDF |
| FY2021 | $916K | $166K | $750K | $750K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $392,505 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 3 to look at
Part VIII · Statement of revenue $392,505 across 4 lines filed
Part IX · Statement of functional expenses $662,823 across 13 lines filed
Part X · Balance sheet $533,275 assets, 9 lines filed
Part XI · Reconciliation of net assets $479,205 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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