Fundacion Puertorriquea De Las Humanidades Inc

What it reported doing in 2024

Since 1977, fph has been the local partner for the national endowment for the humanities, the federal agency to which it is affiliated as one of the official fifty-six state and jurisdictional humanities councils active across the united states and its territories. Fph is supported by federal, state, and private funds that enable us to provide access to free, high- quality cultural programs to diverse audiences across the geography of puerto rico. Fph's work makes the humanities accessible to people and communities of all ages, needs, and experiences through grants, strategic partnerships and public programs. It works collaboratively with groups and communities of diverse types and capacities to find ways to increase their collective reach and impact, support puerto rico's cultural ecosystem, and the audiences it serves. Fph's subrecipients and partners include universities, museums, archives, community libraries and centers, and cultural organizations of all sizes and in different stages of development. The subawards program supports meritorious humanities-based projects as well as training aimed at capacity building, emergency preparedness, and competitive design of proposals. The programs office, which conducts all fph's initiatives, direct services, and programs that serve the general public and also support teachers, schools, community centers/ libraries, families, and cultural organizations. This office also manages our two digital humanities programs: enciclopedia de puerto rico (enciclopediapr.org), a free-access general education and reference website (with an average of 150,000 visits monthly), and cosecha cultural (cosechacultural.org), an online digital repository of ebooks, audiobooks, films, podcasts, radio and television programs, either sponsored or produced by fph. Programs are funded by a general operating support grant from the national endowment for the humanities through its federal/state partnership office and also by grants from the andrew mellon foundation, fundacin ngel ramos, and the joint legislative commission fund for community impact.

Financial Efficiency

• Mission deployment rate: 63.7%; rating input score 64
• Program expense ratio: 78.9%; rating input score 79
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 87.6%; rating input score 88; 37th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 19.2%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 3; rating input score 75; 75th percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
• Officer compensation ratio: 5.6%; rating input score 52; 52nd percentile among comparable filings

Growth

• Program expense growth: 12.5% per year; rating input score 100; 70th percentile among comparable filings
• Revenue growth: 14.6% per year; rating input score 100; 78th percentile among comparable filings
• Asset growth: 15.8% per year; rating input score 100; 74th percentile among comparable filings