Passes our checks

Laredo Cultural District Inc

EIN 85-0571040 · Laredo, TX

Public records show a registered, tax-exempt organization in good standing.

What it says it does

Promote creative and cultural attractions by engaging artisitic, commercial and educational entities in order to attract citizens and visitors.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 92 out of 100. Higher than 80% of charities in its peer group (arts and culture, $1m to $10m).

Reserves
28 of 35
Spendable reserves would cover 9.8 months of spending.
Debt
20 of 20
It owes 0% of what it owns.
Living within its means
15 of 15
Income exceeded spending by 41% of income.
Spending floor
15 of 15
98% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 37 out of 100. Higher than 3% of charities in its peer group (arts and culture, $1m to $10m).

Independent board
25 of 25
10 of 10 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
0 of 5
Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10
Did not give the board a copy of this return before filing it.
Independent check of accounts
0 of 15
Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$630,048 spent. Casa Ortiz, circa 1829 is the longest inhabited residential structure in Texas, is a jewel to be preserved and cherished. By inhabiting the structure, we keep it alive by active use and availability to individuals. It will be open during operating hours as well as being made available for Webb County Heritage and other entities who want to share it and promote it through tours and visits to the historic site. The interior of Casa Ortiz would also be used for temporary and rotating gallery space. Regional artists as well as local students would have an opportunity to present their work and greet patrons in meet and greet events. Services to be provided include music, theater visual and audio art classes and support for such in the community. Our programming will focus on supporting and marketing of the cultural district locally, regionally, nationally and internationally. With the Laredo Cultural District designation, avenues for promotion with the Texas Historical Commission will increase. In addition opportunities will be available to bring exhibits, artist and events to enhance the experiences in the many venues within the cultural district and our community.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 October 13, 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 November 6, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.