MUSEUM OF LATIN AMERICAN ART
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,570,292
Contributions
31%
Government Grants
26%
Other
18%
Fundraising Events
11%
Investments
8%
Program Services
6%
Membership Dues
1%
Expenses in 2024
$6,870,075
Salaries & Benefits
48%
Offices, Occupancy & IT
17%
Fees to Service Providers
14%
Other
12%
Depreciation
7%
Advertising & Promotion
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$3,204,563
$1,094,576
-66%
Government Grants
$349,053
$932,640
+167%
Fundraising Events
$285,135
$375,565
+32%
Program Services
$308,697
$208,274
-33%
Membership Dues
$52,492
$46,573
-11%
Investments
$297,648
$276,482
-7%
Other
$650,399
$636,182
-2%
Total Revenues
$5,147,987
$3,570,292
-31%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,932,210
$3,275,821
+12%
Fees to Service Providers
$749,952
$990,663
+32%
Advertising & Promotion
$80,919
$120,876
+49%
Offices, Occupancy & IT
$827,893
$1,143,342
+38%
Interest
$36,505
$6,907
-81%
Depreciation
$484,647
$491,010
+1%
Other
$959,714
$841,456
-12%
Total Expenses
$6,071,840
$6,870,075
+13%
Net income
2023
2024
Change
Net income
-$923,853
-$3,299,783
-257%
Functional Expenses
Summary
2023
2024
Change
Program
$3,980,066
$4,433,067
+11%
Admin
$1,508,576
$1,882,659
+25%
Fundraising
$583,198
$554,349
-5%
Total Expenses
$6,071,840
$6,870,075
+13%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)