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Nonprofit · EIN 27-4265501

FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC

Tax-exempt · LEXINGTON, KY 40503

Financials

$149K$113K2023$60K$86K2024$58K$63K2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$58,327$63,017-$4,690$36,273–$36,273
December 31, 2024990-EZ$59,605$85,936-$26,331$40,966$3$40,963
December 31, 2023990-EZ$148,540$112,660$35,880$67,294–$67,294
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$58,327

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,660
Occupancy
$20,330
Printing, publications and postage
$247
Other expenses
$39,780

Balance sheet and other

Total assets, start of year
$40,966
Total assets, end of year
$36,273
Total liabilities, end of year
–
Net assets, end of year
$36,273
Cash, savings and investments
$36,273
Gross receipts
$58,327

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Erika ArakakiPresident20$0
Edith GutierrezVice President10$0
Guipsy LopezSecretary10$0
Yamel Patterson-MunozTreasurer10$0
Betty AbdmishaniDirector10$0
Noe Tirado MunizDirector0$0
Francie Chassen-LopezDirector0$0
990-EZ for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Erika ArakakiPresident20$0
Edith GutierrezVice President10$0
Guipsy LopezSecretary10$0
Yamel Patterson-MunozTreasurer10$0
Betty AbdmishaniDirector10$0
Noe Tirado MunizDirector0$0
Francie Chassen-LopezDirector0$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Erika ArakakiPresident20$0
Edith GutierrezVice President10$0
Guipsy LopezSecretary10$0
Rosa MartinDirector10$0
Yamel Patterson-MunozTreasurer10$0
Freddy PeraltaDirector10$0
Betty AbdmishaniDirector10$0

Address and contacts

Address (IRS master file)
616 WELLINGTON WAY STE D, LEXINGTON, KY 40503-2895
In care of
% CARMEN COTTO
Mailing address (990-N for 2021)
PO Box 23050, Lexington KY 40523
Principal officer (990-N for 2021)
Jackie Arakaki, PO Box 23050, Lexington KY 40523
Signed the 990-EZ
Guipsy Lopez Ramirez, Secretary
Return prepared by
JCC Accounting Solutions LLP

Mission

For FLACA, it is fundamental to promote, foster, and preserve the culture, traditions, and language of our Latino and Latin American heritage

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Successfully Organized and co-organized the annual Festival Latino of Lexington and several Friday Latino Live events

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-4265501
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,273
Income (IRS master file)
$58,327

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$58,327$63,017$36,273IRS
990-EZDecember 2024$59,605$85,936$40,966IRS
990-EZDecember 2023$148,540$112,660$67,294XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Jackie Arakaki
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2011
Officer: Rosa Martin
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4265501).

Questions about FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC

What is the EIN of FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC?
The employer identification number (EIN) of FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC is 27-4265501.
Is FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC?
The 990-N for 2021 names Jackie Arakaki.
Who are the officers and directors of FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC?
The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR LATIN AMERICA CULTURE AND ARTS INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $58,327, expenses of $63,017 and total assets of $36,273 at year end.

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