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    <Timestamp>2013-10-03T07:46:32-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>ADVANCED ACCOUNTING SERVICES</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>3114 OAK PARK AVE</AddressLine1>
        <City>BERWYN</City>
        <State>IL</State>
        <ZIPCode>60402</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>364235183</EIN>
      <Name>
        <BusinessNameLine1>LATINO ART BEAT INC</BusinessNameLine1>
      </Name>
      <NameControl>LATI</NameControl>
      <Phone>7732916901</Phone>
      <USAddress>
        <AddressLine1>P O BOX 87458</AddressLine1>
        <City>CHICAGO</City>
        <State>IL</State>
        <ZIPCode>60680</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DON NUCCIO</Name>
      <Title>PRESIDENT</Title>
      <Phone>7732916901</Phone>
      <DateSigned>2013-09-24</DateSigned>
    </Officer>
    <Preparer>
      <Name>VASANTHI SEERAS</Name>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990EZ documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation TransfersPersonalBenefitsContractsDeclaration">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">X</Organization501c3>
      <GrossReceipts>20560</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>20550</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>0</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>0</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>0</GainOrLossFromSaleOfAssets>
      <GamingGrossIncome>0</GamingGrossIncome>
      <FundraisingGrossIncome>0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <OtherRevenueTotal>10</OtherRevenueTotal>
      <TotalRevenue>20560</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>8530</GrantsAndSimilarAmountsPaid>
      <OccupancyRentUtilitiesAndMaint>2486</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>2033</PrintingPublicationsPostage>
      <OtherExpensesTotal>17095</OtherExpensesTotal>
      <TotalExpenses>30144</TotalExpenses>
      <ExcessOrDeficitForYear>-9584</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>-6213</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>-15797</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>359</BOY>
        <EOY>1089</EOY>
      </CashSavingsAndInvestments>
      <OtherAssetsTotal>
        <BOY>1000</BOY>
        <EOY>1000</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>1359</BOY>
        <EOY>2089</EOY>
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      <SumOfTotalLiabilities>
        <BOY>7572</BOY>
        <EOY>17886</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>-6213</BOY>
        <EOY>-15797</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>LAB 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 IS SELECTED IN COLLABORATION WITH THE RESPECTIVE MAYORS OFFICE &amp;/OR DEPARTMENT OF EDUCATION WHO IN TURN JUDGE THE ARTWORK AND SELECT THE WINNERS. THE CRITERION USED FOR SELECTING THE WINNERS IS BASED ON TECHNICAL ABILITY, THEME AND CREATIVITY. THE SELECTED WINNERS THEN QUALIFY FOR MONETARY PRIZES &amp;/OR SCHOLARSHIPS. IN SOME INSTANCES LAB WILL DISBURSE THE AWARD DIRECTLY TO THE STUDENT WINNER OR THEIR COLLEGE OF CHOICE. HOWEVER, IN THE MAJORITY OF AWARDS LAB ACADEMIC PARTNERS OR SCHOLARSHIP PARTNERS WILL MAKE AWARD/GRANT DIRECTLY TO THE STUDENTS TUITION ACCOUNT AT THE RESPECTIVE STUDENTS INSTITUTION OF HIGHER LEARNING.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>LAB 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 IS SELECTED IN COLLABORATION WITH THE RESPECTIVE MAYORS OFFICE &amp;/OR DEPARTMENT OF EDUCATION WHO IN TURN JUDGE THE ARTWORK AND SELECT THE WINNERS. THE CRITERION USED FOR SELECTING THE WINNERS IS BASED ON TECHNICAL ABILITY, THEME AND CREATIVITY. THE SELECTED WINNERS THEN QUALIFY FOR MONETARY PRIZES &amp;/OR SCHOLARSHIPS. IN SOME INSTANCES LAB WILL DISBURSE THE AWARD DIRECTLY TO THE STUDENT WINNER OR THEIR COLLEGE OF CHOICE. HOWEVER, IN THE MAJORITY OF AWARDS LAB ACADEMIC PARTNERS OR SCHOLARSHIP PARTNERS WILL MAKE AWARD/GRANT DIRECTLY TO THE STUDENTS TUITION ACCOUNT AT THE RESPECTIVE STUDENTS INSTITUTION OF HIGHER LEARNING.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>6180</GrantsAndAllocations>
        <ProgramServiceExpenses>30144</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>30144</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DR NUCCIO</PersonName>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DANIEL O CISNEROS</PersonName>
        <Title>VICE PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DAVID CUOMO</PersonName>
        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <SubjectToProxyTax referenceDocumentName="IRS990ScheduleC">false</SubjectToProxyTax>
      <OrganizationDissolvedEtc referenceDocumentName="IRS990ScheduleN BinaryAttachment">false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>true</MadeLoansToFromOfficers>
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      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>D NUCCIO</NamePerson>
        <AddressUS>
          <AddressLine1>6800 RIVERSIDE DRIVE</AddressLine1>
          <City>BERWYN</City>
          <State>IL</State>
          <ZIPCode>60402</ZIPCode>
        </AddressUS>
        <TelephoneNumber>7732916901</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
    </IRS990EZ>
    <IRS990ScheduleA documentId="00000002" softwareId="12000225">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>52635</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>72730</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>28555</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>18700</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>20560</CurrentTaxYear>
        <Total>193180</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>52635</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>72730</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>28555</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>18700</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>20560</CurrentTaxYear>
        <Total>193180</Total>
      </Total170>
      <AmountsSubstContributorsTotal>150298</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>42882</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <TotalSupport>193180</TotalSupport>
      <PublicSupportPertcentage170>0.22200</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.32000</PublicSupportPertcentPriorYear>
      <TenPercentTestCurrentYear>X</TenPercentTestCurrentYear>
      <PublicSupportTotal509>0</PublicSupportTotal509>
      <PublicSupportPercentage509>0</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0</InvestmentIncomePercentage>
      <FactsAndCircumstancesTest>PT II LINE 17A:;</FactsAndCircumstancesTest>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleL documentId="00000004" softwareId="12000225">
      <LoanTable>
        <NamePerson>D NUCCIO</NamePerson>
        <RelationshipWithOrganization>PRESIDENT</RelationshipWithOrganization>
        <PurposeOfLoan>CASH FLOW</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>2332</OriginalPrincipalAmount>
        <BalanceDue>17886</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
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      <TotalBalanceDue>17886</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="00000005" softwareId="12000225">
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 8</Identifier>
        <Explanation>SALE OF POSTER 10.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 10</Identifier>
        <Explanation>SCHOLARSHIP SCHOLARSHIP JEANETTE CARDONA 500. SCHOLARSHIP SCHOLARSHIP MIAMI UNIVERSITY RECIPIENT 925. SCHOLARSHIP SCHOLARSHIP UNIVERSITY OF CALIFORNIA RECIPIENT 925. SCHOLARSHIP GRANT M. REYES GRANTEE 6180.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>ADVERTISING BANK CHARGES 197. ACCOUNTING FEES 623. CORPORATION FEES INSURANCE EXPENSE SUPPLIES EXPENSE 633. DONATION 50. EQUIPMENT RENTAL EXPENSE MOTOR VEHICLE EXPENSE 336. TRAVEL EXPENSE 10810. MEETINGS/EVENT EXPENSE 3232. INTEREST EXPENSE 1214.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 24</Identifier>
        <Explanation>FURNITURE 1000. 1000.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 26</Identifier>
        <Explanation>LOAN TO OFFICERS 7572. 17886.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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