Fundacion Sala Mendoza Inc

Nonprofit profile at a glance

EIN
384039908
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Miami, FL, USA
Phone
7868376787
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$11,324
Expenses
$18,371
Assets
$10,511

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • LUISA PULIDO (EXECUTIVE DI)
  • ANTONIO FONSECA (VICE PRESIDE)
  • PATRICIA VELASCO (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fundacion sala mendoza is an independent, non-profit, alternative exhibition space dedicated to promoting contemporary artistic practices. Since its foundation it has maintained a continuous commitment to creative activity, providing a platform for the exchange of knowledge that stimulates new ways of approaching art adapted to the intense and plural social transformations. With a vision aimed at being the center of reference for the artistic scene and production, as well as for contemporary critical debate, the foundation reconciles its profile as a non-profit civil association with a self-management dynamic. This double condition allows it to operate from four programs or areas of action that include a wide and diverse exhibition activity dedicated to the dissemination of emerging and established contemporary artists, a documentation center that houses the historical memory of the institution since its foundation, a bookstore or art store that schedules small exhibitions and offers a

What it reported doing in 2024

Fundacion sala mendoza is an independent, non-profit, alternative exhibition space dedicated to promoting contemporary artistic practices. Since its foundation it has maintained a continuous commitment to creative activity, providing a platform for the exchange of knowledge that stimulates new ways of approaching art adapted to the intense and plural social transformations. With a vision aimed at being the center of reference for the artistic scene and production, as well as for contemporary critical debate, the foundation reconciles its profile as a non-profit civil association with a self-management dynamic. This double condition allows it to operate from four programs or areas of action that include a wide and diverse exhibition activity dedicated to the dissemination of emerging and established contemporary artists, a documentation center that houses the historical memory of the institution since its foundation, a bookstore or art store that schedules small exhibitions and offers a selection of books, crafts, and design objects for sale and, finally, an education program that, in addition to offering two diploma courses in contemporary art, plans workshops, seminars, meetings, conversations, and an editorial program entitled cuadernos de la sala.

Operating model

Revenue model
Other-operating. 88% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.7%; rating input score 47
  • Program expense ratio: 28.8%; rating input score 29

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -62.2%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -93.8% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -85% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 30.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 46.7% of revenue deployed · 28.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.