Overview
What is The Ricardo Montalban Foundation Inc?
The Ricardo Montalban Foundation Inc, also known as The Montalban, is a nonprofit organization situated in Hollywood, California. Established with the vision of promoting equality and opportunities for Hispanics, it serves as a hub for mentorship and education for aspiring artists in music, dance, acting, and stage and film production. Despite COVID-related closures impacting its programs, The Montalban has been rebuilding its schedule with events like "Nostros YA Tu Sabes" and "Hola Mexico Film Festival." The organization's mission is to provide a platform for employment, offer educational opportunities, and enhance the image of underrepresented communities, including Latinos, in the entertainment industry. With around 38 employees, The Montalban hosts diverse productions and educational conferences, such as the "Motion Plus Design" conference attended by a teacher and her students from Tijuana, Mexico.
Official website here: www.themontalban.com
Is The Ricardo Montalban Foundation Inc legitimate?
The Ricardo Montalban Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ricardo Montalban Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $116,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,179
For more financial information, click here
Official website here: www.themontalban.com
What is the mission statement of The Ricardo Montalban Foundation Inc?
The Ricardo Montalban Foundation's mission is centered around promoting employment opportunities and providing educational resources, with a focus on improving the representation of underrepresented communities, particularly Latinos, in the entertainment industry. The organization aims to enhance the image of these communities within this sector. To achieve this, the foundation established a physical location serving as a hub for mentorship and education, catering to young artists in various fields such as music, dance, acting, and film production. The foundation hosts diverse productions, often featuring artists from underrepresented communities. Unfortunately, their programs were impacted by COVID-related closures. However, with the aid of relief grants, the foundation has been rebuilding its programming schedule, with upcoming events like 'Nosotros Yá Tú Sabes', 'Hola México Film Festival', and 'El Gigante de la Comedia'.
Official website here: www.themontalban.com
Who is the CEO of The Ricardo Montalban Foundation Inc?
Gilbert Smith is the Chairman of The Ricardo Montalban Foundation Inc.
Official website here: www.themontalban.com
What is the revenue of The Ricardo Montalban Foundation Inc?
The Ricardo Montalban Foundation Inc's revenue in 2022 was $1,493,771.
Official website here: www.themontalban.com
Who are the executives of The Ricardo Montalban Foundation Inc and what are their salaries?
The average compensation at The Ricardo Montalban Foundation Inc during 2022 was $11,302. There are 38 employees and 3 volunteers at The Ricardo Montalban Foundation Inc.
Here are 5 key members and their salaries:
- Gilbert Smith (Chairman) [Trustee/Director]
- Ricardo Ortiz-Barreto (Board Member) [Trustee/Director]
- Visman Chow (Vice Chair/Trsr) [Trustee/Director]
- Robert Labelle (Board Member) [Trustee/Director]
- Rick Telles (Secretary)
Official website here: www.themontalban.com
Where can I find the form 990 for The Ricardo Montalban Foundation Inc?
The The Ricardo Montalban Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.themontalban.com
Learn more at the official website: www.themontalban.com
Mission Statement of The Ricardo Montalban Foundation Inc
The Ricardo Montalban Foundation, named after the renowned Latin actor, is committed to promoting employment opportunities and providing educational resources for individuals from underrepresented communities, particularly Latinos, in the entertainment industry. This mission is accomplished by establishing a physical location serving as a hub for mentorship and education, focusing on young artists in music, dance, acting, and stage and film production. The foundation hosts diverse productions, many featuring Latinx themes or artists from underrepresented communities. Unfortunately, the foundation's programs were impacted by COVID-related closures. With the aid of CA relief grants, The Ricardo Montalban Foundation has been rebuilding its programming schedule, hosting events such as the Nostoros/WB Presents Father of the Bride premiere and the Motion Plus Design conference for motion picture titling professionals. The foundation also utilizes its rooftop for nightly events and has upcoming events like Nosotros y Ahora Tú Sabes, the Hola México Film Festival, and performances by the Hollywood Chamber Orchestra and Westbeth Entertainment.
Impact
This information is meant to be a general summary of The Ricardo Montalban Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Ricardo Montalban Foundation Inc's impact is significant in promoting employment, providing educational opportunities, and improving the image of Latinos and all underrepresented communities in the entertainment industry. The organization has established a physical location, The Montalban, as a headquarters for mentorship and education for young artists in music, dance, acting, and stage and film production. They host diverse and engaging productions, many with Latinx themes or featuring artists from underrepresented communities. Despite challenges due to COVID-related closures, the foundation has been rebuilding its programming schedule with support from CA Relief Grants. Recently, they hosted the premiere of "Father of the Bride" and an international artists conference called Motion Plus Design, benefiting professionals in the titling business for motion pictures. The foundation continues to utilize its rooftop for various events and has upcoming activities such as Nosotros Ya Tu Sabes, Hola Mexico Film Festival, El Gigante De La Comedia, and more. The impact of The Ricardo Montalban Foundation Inc extends to providing a platform for talent development, representation, and community engagement in Hollywood, CA.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BAR
Revenue
$327,419
PROGRAM ACTIVITY
Revenue
$75,951
TICKET SALES
Revenue
$85,086
Organization Details
Founding Year
1999
Phone
(323) 871-2420
Principal Officer
Gilbert Smith
Main Address
1615 NORTH VINE STREET, HOLLYWOOD, CA, 90028
Website
www.themontalban.com
NTEE Category
Code: A60 - Arts
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