LATINO ART BEAT INC: Form 990EZ, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
LATINO ART BEAT INC (EIN 36-4235183)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-08-31
IRS object ID
201812439349200301
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-08-31T05:15:39-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263131266PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Cummings Professional Services IncBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1444 E Roosevelt Road 234AddressLine1Txt
CityLombardCityNm
State AbbreviationILStateAbbreviationCd
ZIP60148ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364235183EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Latino Art Beat IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLATIBusinessNameControlTxt
Phone7732916901PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 87458AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60680ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDon Rossi NuccioPersonNm
Person TitlePresidentPersonTitleTxt
Signature2018-08-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLinda CummingsPreparerPersonNm
PTINP00854191PTIN
Phone6308066617PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresswww.latinoartbeat.comWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$18,550GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$18,550ContributionsGiftsGrantsEtcAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$18,550TotalRevenueAmt
Grants And Similar Amounts Paid$8,729GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$535FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$39PrintingPublicationsPostageAmt
Other Expenses Total$22,229OtherExpensesTotalAmt
Total Expenses$31,532TotalExpensesAmt
Excess Or Deficit For Year-$12,982ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY-$15,300NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$28,282NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$12,426BOYAmt
EOY$1,046EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$1,000EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,426BOYAmt
EOY$2,046EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,726BOYAmt
EOY$30,328EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY-$15,300BOYAmt
EOY-$28,282EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeLAB offers an annual themed visual arts competition to currently enrolled high school students in select cities in collaboration with the local Mayors Office and Department of Education. 1st place winners receive scholarship support from LAB and are honored in a public ceremony during Hispanic Heritage Month.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomLab holds an annual art competition available to currently enrolled high school students, in select cities. All the artwork is submitted by the student's high school on behalf of its students. A panel of professional judges isDescriptionProgramSrvcAccomTxt
Grants And Allocations$22,268GrantsAndAllocationsAmt
Program Service Expenses$8,729ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$22,268TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
D R Nuccio
President5.00$0
Daniel O Cisneros
Vice President5.00$0
David Cuomo
Secretary5.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Organization Filed990 TfalseOrganizationFiled990TInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersYes (true)MadeLoansToFromOfficersInd
Loans To From Officers$1,601LoansToFromOfficersAmt
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonD R NuccioPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16800 Riverside DriveAddressLine1Txt
CityBerwynCityNm
State AbbreviationILStateAbbreviationCd
ZIP60402ZIPCd
FieldValueIRS element (for citing)
Phone7732916901PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Form720 FiledfalseForm720FiledInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 OrgfalseRelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,766CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$61,540CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,500CurrentTaxYearMinus1YearAmt
Current Tax Year$18,550CurrentTaxYearAmt
Total$111,606TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,766CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$61,540CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,500CurrentTaxYearMinus1YearAmt
Current Tax Year$18,550CurrentTaxYearAmt
Total$111,606TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$111,606PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$111,606TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonD NuccioPersonNm
Relationship With OrgPresidentRelationshipWithOrgTxt
Loan PurposeCash FlowLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$30,327OriginalPrincipalAmt
Balance Due$30,327BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$30,327TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Grants and Similar Amounts Paid In Excess of $5,000.1| Donee's Name: Manny Reyes | Cash Amount Given: $7089
Other Expenses.1005Travel $2301
Other Expenses.1Contest Expenses $11170
Other Expenses.2Cuban Student Initiative $3735
Other Expenses.3Vehicle Expenses $2351
Other Expenses.4Studio Cleaning $1360
Other Expenses.5Van Storage $449
Other Expenses.6Translation Services $185
Other Expenses.7Studio Equipment $154
Other Expenses.8Film Production Expenses $150
Other Expenses.9Supplies $149
Other Expenses.10Cable TV-Studio $131
Other Expenses.11Miscellaneous $94
Other Assets.1002Furniture and Fixtures - Beginning $1000 Furniture and Fixtures - Ending $1000
Total Liabilities.1006Payable to Officers, Directors, Etc. - Beginning $28726 Payable to Officers, Directors, Etc. - Ending $30328

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