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Puerto Rican Arts Alliance

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364208867 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Puerto Rican Arts Alliance?

The Puerto Rican Arts Alliance, located at 3000 N Elbridge Ave, Chicago, IL 60618, is a nonprofit organization dedicated to fostering cultural understanding and bridging intergenerational gaps. Primarily serving low-income youth and their families, the alliance utilizes music and arts as a medium to achieve its objectives. This Chicago-based organization is deeply committed to preserving and celebrating the cultural traditions of Puerto Rico, showcasing these through various artistic and educational programs. With a workforce of 10 dedicated individuals, the Puerto Rican Arts Alliance strives to enrich the community and promote cultural exchange.


Official website here: www.praachicago.org

Is Puerto Rican Arts Alliance legitimate?

Puerto Rican Arts Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Puerto Rican Arts Alliance 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $419,752

For more financial information, click here


Official website here: www.praachicago.org

What is the mission statement of Puerto Rican Arts Alliance?

The Puerto Rican Arts Alliance is committed to fostering and upholding the cultural traditions of Puerto Rico. They achieve this goal through a combination of artistic and educational programs. The organization's primary focus is on low-income youth and their families, utilizing music and arts as a medium to promote cross-cultural and intergenerational understanding.


Official website here: www.praachicago.org

Who is the CEO of Puerto Rican Arts Alliance?

Carlos Hernandez is the Chair of Puerto Rican Arts Alliance.


Official website here: www.praachicago.org

What is the revenue of Puerto Rican Arts Alliance?

Puerto Rican Arts Alliance's revenue in 2022 was $2,540,329.


Official website here: www.praachicago.org

Who are the executives of Puerto Rican Arts Alliance and what are their salaries?

The average compensation at Puerto Rican Arts Alliance during 2022 was $54,475. There are 10 employees and 163 volunteers at Puerto Rican Arts Alliance.

Here are 12 key members and their salaries:

    Carlos Hernandez (Executive Di)
  • Compensation: $126,914
  • Related: $0
  • Other: $0

    • Ignacio Lopez (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Mojica - Castillo (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Pantoja (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Maldonado (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Diaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manuel Cuevas Trisan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anastasia O'Brien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Cooke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenyce Boolton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eduardo Camacho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernesto Matias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.praachicago.org

    Where can I find the form 990 for Puerto Rican Arts Alliance?

    The Puerto Rican Arts Alliance’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.praachicago.org

    Learn more at the official website: www.praachicago.org

    Mission Statement of Puerto Rican Arts Alliance

    The Puerto Rican Arts Alliance, or PRAAS, is committed to promoting and upholding the cultural heritage of Puerto Rico. They achieve this through the implementation of artistic and educational programs. The organization's mission is to foster an appreciation and understanding of Puerto Rican traditions among various audiences, particularly low-income youth and their families. PRAAS utilizes music and arts as a medium to bridge cultural gaps and fostering intergenerational connections.

    Impact

    This information is meant to be a general summary of Puerto Rican Arts Alliance. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Puerto Rican Arts Alliance lies in its dedication to promoting and supporting the cultural traditions of Puerto Rico through artistic and educational programs. By serving primarily low-income youth and their families in Chicago, Illinois, the organization uses music and arts as a vehicle to increase cross-cultural and inter-generational understanding. Through its mission of preserving and celebrating Puerto Rican heritage, the Puerto Rican Arts Alliance plays a vital role in enriching the lives of individuals within its community while fostering a deeper appreciation for the arts and cultural diversity.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $672
  • Program Service Revenue: $336,792
  • Gross Receipts: $2,540,329

    • Assets and Liabilities:
  • Total Assets: $5,828,545
  • Total Liabilities: $799,967
  • Net Assets: $5,028,578
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CUATRO FESTIVAL

    Revenue

    $213,011

    PROGRAM SERVICES

    Revenue

    $123,781

    Organization Details

    Founding Year

    1996

    Principal Officer

    Carlos Hernandez

    Main Address

    3000 N ELBRIDGE AVE, CHICAGO, IL, 60618

    NTEE Category

    Code: A230 - Arts

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