Arts, Culture & Humanities
(A65)
IRS Verified
DX Registered
990 on File
LATINO THEATER COMPANY
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Our mission at The Los Angeles Theatre Center (the LATC), is to provide a world-class arts center for those pursuing artistic excellence; a laboratory where both tradition and innovation are honored and honed; a place where the convergence of people, cultures, and ideas contribute to the future.
Financial Overview — FY 2024
$10.3M
Total Revenue
$8.7M
Total Expenses
$13.5M
Net Assets
168
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.7%
Fundraising Efficiency
N/A
Operating Reserve
18.72x
Liability-to-Asset
1.9%
Revenue Diversification
91.8%
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.7% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.9% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.4% | 5.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.7 mo | 16.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.8% | 74.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
79.7% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
22.3% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.0% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $10.3M | $8.7M | $13.5M | 83.7% | 168 |
| 2023 | $5.7M | $7.1M | $11.9M | 83.6% | 118 |
| 2022 | $8.9M | $3.1M | $13.2M | 80.8% | 87 |
| 2021 | $7.6M | $2.0M | N/A | — | 41 |
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