Instituto Cultural Mexicano De Laredo
Legal name: Mexican Cultural Institute of Laredo
Nonprofit profile at a glance
- EIN
- 742962492
- IRS 990-EZ coverage
- 2017–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025
- Location
- Laredo, TX, United States
- Phone
- 9567230990
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $84,998
- Expenses
- $75,536
- Assets
- $51,035
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Miguel Conchas (President)
- Sergio Preciado (Vice President)
People named in this filing
- Miguel Conchas (President)
- Enrique Lobo (Director)
- Maria Eugenia Larios (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fomentar el esplendor de la cultura y las tradiciones mexicanas en la región de los dos Laredos, estimulando actividades culturales y educativas para un mayor entendimiento mutuo de las artes, la literatura y la ciencia entre Estados Unidos y México.
What it reported doing in 2025
A. To stimulate and promote activities of a cultural and educational nature aimed at a better reciprocal knowledge of the arts, literature, and science of the united states of america and/or the mexican republic and their respective institutions.B. To carry out, promote and foster, by all legal means within its power, scientific, artistic, educational, technological, public service, and sports competition activities, as well as cultural pursuits in general; and to accomplish such goals either directly or through the assistance and collaboration of third parties. C. To acquire, in accordance with the laws of the United States of America, whatever property and rights the corporation demms necessart to establish its exsistence and perform and achieve its purpose; D. To engage in whatever actions, agreements and contracts it deems necessary to acheive its purposes including acts of ownership, administration and defense of its property and rigts, andE. to support initiatives relating to the objectives above.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 80% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.9%; rating input score 89
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.1%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 38; 38th 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: 13.4% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 76th percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 88.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $76K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- 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 — Sustainability: Total-asset coverage ratio scored 38/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.