Nonprofit · EIN 95-4501165
LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC
Tax-exempt · DORAL, FL 33122
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2025 | 990 | $39,893,258 | $35,698,880 | $4,194,378 | $55,461,729 | $9,147,395 | $46,314,334 |
| January 31, 2024 | 990 | $41,304,325 | $37,445,344 | $3,858,981 | $47,001,986 | $6,316,321 | $40,685,665 |
Financial details: 990 for the year ended January 31, 2025
Revenue
- Contributions, gifts and grants
- $263,570
- Membership dues
- $263,570
- Program service revenue
- $37,340,638
- Investment income
- $1,758,041
- Royalties
- $531,009
- Net gain from sales of assets
- $219,759
- Other revenue
- $531,009
Expenses
- Grants and similar amounts paid
- $1,875,000
- Compensation of officers, directors and key employees
- $4,575,673
- Other salaries and wages
- $2,957,169
- Salaries, compensation and benefits (total)
- $8,929,070
- Professional fundraising fees
- $0
- Legal fees
- $376,420
- Accounting fees
- $250,400
- Occupancy
- $732,978
- Travel
- $1,077,188
- Depreciation
- $54,123
Balance sheet and other
- Total assets, start of year
- $47,001,986
- Total assets, end of year
- $55,461,729
- Total liabilities, end of year
- $9,147,395
- Net assets, end of year
- $46,314,334
- Land, buildings and equipment
- $39,864
- Publicly traded securities
- $41,324,264
- Net assets without donor restrictions
- $46,314,334
- Gross receipts
- $83,994,996
- Employees
- 47
- Volunteers
- 120
- Year formed
- 1994
- State of legal domicile
- DE
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 for the year ended January 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MANUEL ABUD | CEO Officer | 40 | $1,105,113 | $42,362 |
| LUIS DOUSDEBES | CHIEF AWARDS, MEMBERSHIP & PRESERVATION OFFICER Officer | 40 | $621,249 | $41,283 |
| JAVIER AGUIRRE | CHIEF FINANCIAL OFFICER Officer | 40 | $562,003 | $46,732 |
| ENRIQUE PEREZ | HEAD OF PARTNERSHIPS & CLIENT SOLUTIONS Key employee | 40 | $425,338 | $46,841 |
| AIDA SCORZA | SENIOR VICE PRESIDENT, AWARDS Highest-paid employee | 40 | $438,956 | $29,434 |
| IVELIESSE MALAVE | SVP COMMUNICATIONS, ARTIST & INDUSTRY RELATIONS Highest-paid employee | 40 | $320,600 | $18,741 |
| AYLEEN FIGUERAS | SENIOR VICE PRESIDENT, PRODUCTION Key employee | 40 | $292,039 | $38,758 |
| LAURA DERGAL | HEAD OF MARKETING & CONTENT DEVELOPMENT Highest-paid employee | 40 | $287,795 | $39,330 |
| ADRIANO HAUBENTHAL | SR. DIRECTOR, PRODUCT MANAGEMENT Highest-paid employee | 40 | $177,169 | $50,179 |
| GABRIEL ABAROA | PRESIDENT EMERITUS Officer | 40 | $200,879 | $23,853 |
| MELANIE GALARCE | SR. DIRECTOR, PARTNERSHIPS Highest-paid employee | 40 | $144,532 | $46,155 |
| ALOYSIO REIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| EDUARDO HUTT | CHAIRMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 |
| ALEXANDRA LIOUTIKOFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CARLOS ALVAREZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDUARDO BERGALLO | TRUSTEE Trustee or director | 1 | $0 |
| EDUARDO WEISE | TREASURER Trustee or director | 1 | $0 |
| ERIKA ENDER | TRUSTEE Trustee or director | 1 | $0 |
| EVA CEBRIAN | VICE CHAIRWOMAN Trustee or director | 1 | $0 |
| HARVEY MASON JR | TRUSTEE Trustee or director | 1 | $0 |
| LAURA TESORIERO | CHAIR EMERITUS Trustee or director | 1 | $0 |
| LUIS ALVAREZ FIOL | TRUSTEE Trustee or director | 1 | $0 |
| MANUEL TEJADA | TRUSTEE Trustee or director | 1 | $0 |
| MAUREEN REIDY | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA CANTU | TRUSTEE Trustee or director | 1 | $0 |
| RAFA SARDINA | TRUSTEE Trustee or director | 1 | $0 |
| RICO LOVE | TRUSTEE Trustee or director | 1 | $0 |
| TAMMY HURT | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended January 31, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MANUEL ABUD | CEO Officer | 40 | $644,189 | $56,490 |
| LUIS DOUSDEBES | CHIEF AWARDS, MEMBERSHIP, & PRESERVATION OFFICER Officer | 40 | $545,547 | $51,852 |
| JAVIER AGUIRRE | CHIEF FINANCIAL OFFICER Officer | 40 | $489,427 | $55,860 |
| AIDA SCORZA | SENIOR VICE PRESIDENT, AWARDS Highest-paid employee | 40 | $422,710 | $43,451 |
| ENRIQUE PEREZ | HEAD OF PARTNERSHIPS & CLIENT SOL. Key employee | 40 | $360,275 | $48,670 |
| GABRIEL ABAROA | PRESIDENT EMERITUS Officer | 40 | $296,933 | $55,894 |
| IVELIESSE MALAVE | VP OF COMMUNICATIONS, ARTIST & INDUSTRY Highest-paid employee | 40 | $277,035 | $33,670 |
| AYLEEN FIGUERAS | SENIOR VICE PRESIDENT, PRODUCTION Key employee | 40 | $254,548 | $47,732 |
| LAURA DERGAL | HEAD OF MARKETING & CONTENT DEV. Highest-paid employee | 40 | $249,665 | $52,166 |
| DAVINA ARYEH | FORMER KEY EMPLOYEE Former | 0 | $299,838 | $0 |
| ADRIANO HAUBENTHAL | SR. DIRECTOR, PRODUCT MANAGEMENT Highest-paid employee | 40 | $169,358 | $57,660 |
| MELANIE GALARCE | SR. DIRECTOR, PARTNERSHIPS Highest-paid employee | 40 | $148,768 | $49,463 |
| ALOYSIO REIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| EDUARDO HUTT | CHAIRMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 |
| ALEXANDRA LIOUTIKOFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CARLA ESTRADA | TRUSTEE (TO 3/20/23) Trustee or director | 1 | $0 | $0 |
| CARLOS ALVAREZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EDUARDO BERGALLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EDUARDO WEISE | TREASURER Trustee or director | 1 | $0 | $0 |
| ERIKA ENDER | TRUSTEE (FROM 03/20/23) Trustee or director | 1 | $0 | $0 |
| EVA CEBRIAN | VICE CHAIRWOMAN Trustee or director | 1 | $0 | $0 |
| HARVEY MASON JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAURA TESORIERO | CHAIR EMERITUS Trustee or director | 1 | $0 | $0 |
| LUIS ALVAREZ FIOL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LUIS BALAGUER | TRUSTEE (TO 03/20/23) Trustee or director | 1 | $0 | $0 |
| MANUEL TEJADA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAUREEN REIDY | TRUSTEE (FROM 03/20/23) Trustee or director | 1 | $0 | $0 |
| PATRICIA CANTU | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RAFA SARDINA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICO LOVE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TAMMY HURT | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3470 NW 82ND AVE STE 600, DORAL, FL 33122-1178
- In care of
- % LUIS DOUSDEBES
- Principal officer (990 for 2024)
- MANUEL ABUD, 3470 NW 82ND AVENUE 600, MIAMI, FL 331221028
- Signed the 990
- JAVIER AGUIRRE, CFO
- Phone
- (305) 576-0036
- Website
- WWW.LATINGRAMMY.COM
- Return prepared by
- DELOITTE TAX LLP
Mission
THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES, INC. WAS ESTABLISHED BY THE NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES TO ADVANCE THE ARTS AND SCIENCES OF RECORDING AND TO FOSTER CREATIVE LEADERSHIP FOR ARTISTIC, CULTURAL, EDUCATIONAL, AND TECHNICAL PROGRESS IN THE RECORDING FIELD IN LATIN AMERICA AND THE LATIN COMMUNITY OF THE UNITED STATES. A PRIMARY ACTIVITY OF THE ORGANIZATION IS THE RECOGNITION OF OUTSTANDING CREATIVE AND TECHNICAL ACHIEVEMENTS IN THE RECORDING ARTS BY ARTISTS IN THE LATIN COMMUNITY WHO ARE DEEMED TO BE MOST WORTHY BY THEIR COLLEAGUES THROUGH AN ANNUAL PRESENTATION OF AWARDS.
Program accomplishments
- THE LATIN GRAMMY AWARDS: AN ANNUAL EVENT THAT HONORS EXCELLENCE IN LATIN MUSIC AND THE CREATIVE/TECHNICAL PROFESSIONALS BEHIND IT, ADVANCING OUR CULTURAL AND EDUCATIONAL MISSION BY RECOGNIZING OUTSTANDING ACHIEVEMENT IN THE ARTS. THE 25TH ANNUAL LATIN GRAMMY AWARDS WERE HELD ON NOVEMBER 14, 2024, IN MIAMI, FLORIDA.
- THE LATIN GRAMMY PREMIERE EVENT: CEREMONY HELD PRIOR TO THE TELECAST THAT PRESENTS THE MAJORITY OF LATIN GRAMMY CATEGORIES AND SHOWCASES CREATORS ACROSS GENRES AND TECHNICAL FIELDS. THE 2024 LATIN GRAMMY PREMIERE TOOK PLACE ON NOVEMBER 14, 2024, IN MIAMI, FLORIDA.
- PERSON OF THE YEAR GALA: ANNUAL TRIBUTE GALA RECOGNIZING AN ARTIST'S CAREER AND CONTRIBUTIONS TO LATIN MUSIC, FEATURING PERFORMANCES BY PEERS AND CELEBRATING ARTISTIC EXCELLENCE. THE 2024 PERSON OF THE YEAR EVENT WAS HELD ON NOVEMBER 13, 2024, IN MIAMI BEACH, FLORIDA.
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 January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | Not on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990 on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990 on file |
IRS record
- EIN
- 95-4501165
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $55,461,729
- Income (IRS master file)
- $83,994,996
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | January 2025 | $39,893,258 | $35,698,880 | $55,461,729 | XML |
| 990 | January 2024 | $41,304,325 | $37,445,344 | $47,001,986 | XML |
| 990 | January 2023 | $25,056,677 | $23,721,638 | $40,809,726 | IRS |
| 990 | January 2022 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | IRS |
| 990 | January 2019 | – | – | – | IRS |
| 990 | January 2018 | – | – | – | IRS |
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 95-4501165).
Questions about LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC
- What is the EIN of LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC?
- The employer identification number (EIN) of LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC is 95-4501165.
- Is LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
- Are donations to LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LATIN ACADEMY OF RECORDING ARTS & SCIENCES 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 LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC due?
- The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended January 2025.
- Who is the principal officer of LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC?
- The 990 for the year ended January 31, 2025 names MANUEL ABUD.
- Who are the officers and directors of LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC?
- The 990 for the year ended January 31, 2025 lists 28 people; 11 received compensation from the organization, the highest $1,105,113 (MANUEL ABUD, CEO).
- How much revenue does LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC have?
- On its 990 for the year ended January 31, 2025 it reported revenue of $39,893,258, expenses of $35,698,880 and total assets of $55,461,729 at year end.
Other nonprofits in DORAL
- GLOBAL EMPOWERMENT MISSION INC EIN 45-3782061 · last filed 990 for 2024
- HEALTH CHOICE NETWORK OF FLORIDA INC EIN 65-0504316 · last filed 990 for 2025
- HEALTH CHOICE NETWORK INC EIN 90-0525658 · last filed 990 for 2025
- YOUTH CO-OP INC EIN 23-7320351 · last filed 990 for 2025
- BANYAN COMMUNITY HEALTH CENTER INC EIN 27-3164934 · last filed 990 for 2025
- AMERICAN WELDING SOCIETY INC EIN 13-0434890 · last filed 990 for 2024
- UNITED HOME CARE SERVICES INC EIN 59-1523943 · last filed 990 for 2025
- DOWNTOWN DORAL CHARTER UPPER SCHOOL EIN 81-2931253 · last filed 990 for 2025