Teatro Hispano De Dallas
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Teatro Dallas is committed to the cultural empowerment of the Latino community by representing our varied experiences, voices, and artistic expressions. Through high quality theatrical programming Teatro Dallas employs the power of theater to celebrate our diverse traditions while strengthening our community.
- Income
- $412,913
- Spending
- $340,500
- Spent on programs
- 67%
- Reserves
- 1.8 months of spending
- Largest source of income
- donations and private grants, 57%
- Employees
- 5
- Volunteers
- 48
- Highest pay
- $56,404, development director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 48% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.8 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 18% of income.
Income trend
15 of 15Income rose 30% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 72% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $202,881 spent. Theatrical Productions 2024: 21st International Theater Festival with three groups attending and presenting original plays from Argentina, Venezuela, and Mexico. In addition, there were workshops provided from each group to the community of actors, dancers and performers in Dallas. These were master classes in movement, intimacy coordination, and clown workshop that accompanied the festival. Our fourth presentation was Cloud Tectonics written by Academy Award winner Jose Rivera and directed by Sasha Maya Ada. A surrealist story about a man who picks up a hitchhiking woman one night and discovers a mystery far greater than he can imagine. Our fifth show was Entre Paginas written by Jorge Cogollo ad directed by Kike Castaneda. This was a musical for all ages about a young girl in search of the missing pages of a book. This was accompanied by a free literacy fair promoting books and reading. Our final mainstage production was Time Stands Still, an award-winning play by Donald Marguiles directed by Mac Welch. This show centered on two journalists returning from the Gulf War. The accompanying community event featured Dianne Solis, AP journalist who discussed the challenges of covering difficult stories such as her work on the shooting in Uvalde. Veterans were able to attend Time Stands Still free. In addition to these staged events at the Latino Cultural Center, Teatro Dallas provided acting classes for adults, summer theater camp for youth in our studio, and a paid year-round internship and intensive set of workshops in technical theater called the Teen Technical Theater Workshop. A new initiative in workforce training in the arts.
- $25,140 spent. Spring & Summer Theater Camps are bilingual programs where the students participate in warm up exercises, dance, improvisation make-up, arts & crafts. The program culminates with a full production/demonstration performed by the students.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.