Gala Inc Grupo De Artistas Latino Americanos

What it reported doing in 2024

Artistic season productions: gala presents 4 major season productions per year, including contemporary and classical spanish and latin american drama and original, commissioned musicals. Each production is rehearsed for six to eight weeks and performed for a four to five-week period. Over the course of the year, gala engages over 150 artists in the creation, production, and performance of work. Gala's season productions reach over 19,000 audience members per year, including a large student audience. School matinee programs for high schools are conducted on weekdays and recently represented 15% (approximate) of all ticket sales. For plays performed in spanish, gala projects subtitles with english translation, and for english language productions, we project spanish subtitles, thus making all of the work accessible to a broad audience. Students and teachers are provided with bilingual educational materials on the play and its historical context, thus encouraging teachers to include hispanic literature in the standard curriculum. Gala's artistic programs introduce a wide non-latino audience to a culture with which they may not be familiar, and instill pride among latinos in their heritage, thus building bridges of communication and cooperation among diverse cultural and ethnic groups.presenting series (arteamerica): gala presents four to five outstanding musical, dance and performing artists or groups from abroad and from throughout the u.s. This presenting series features an annual flamenco festival, which is attended by over 3,000 individuals every year.young audiences: galita children's theater presents two to three bilingual productions per year with an average of 15 performances each. Elementary school students from over 40 different schools in the area attend weekday matinee performances of galita's shows, and saturday productions target low-income immigrant families and their children, many of whom have little opportunity to attend theater or cultural activities in their native language.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 87.1%; rating input score 87
• Fundraising efficiency: $9.48 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• 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: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -15.1%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 2.45; rating input score 68; 68th percentile among comparable filings
• Liabilities to assets ratio: 0.12; rating input score 55; 55th percentile among comparable filings
• Officer compensation ratio: 8%; rating input score 37; 37th percentile among comparable filings

Growth

• Program expense growth: 5.7% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
• Asset growth: 4.6% per year; rating input score 100; 32nd percentile among comparable filings