Latin Academy of Recording Arts & Sciences Inc
Public records raise at least one point you should look into before giving.
What it says it does
THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES, INC. WAS ESTABLISHED BY THE NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES TO ADVANCE THE ARTS AND SCIENCES OF RECORDING AND TO FOSTER CREATIVE LEADERSHIP FOR ARTISTIC, CULTURAL, EDUCATIONAL, AND TECHNICAL PROGRESS IN THE RECORDING FIELD IN LATIN AMERICA AND THE LATIN COMMUNITY OF THE UNITED STATES. A PRIMARY ACTIVITY OF THE ORGANIZATION IS THE RECOGNITION OF OUTSTANDING CREATIVE AND TECHNICAL ACHIEVEMENTS IN THE RECORDING ARTS BY ARTISTS IN THE LATIN COMMUNITY WHO ARE DEEMED TO BE MOST WORTHY BY THEIR COLLEAGUES THROUGH AN ANNUAL PRESENTATION OF AWARDS.
- Income
- $39.9 million
- Spending
- $35.7 million
- Employees
- 47
- Volunteers
- 120
- Highest pay
- $1.1 million, ceo
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. 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 (3)
- THE LATIN GRAMMY AWARDS: AN ANNUAL EVENT THAT HONORS EXCELLENCE IN LATIN MUSIC AND THE CREATIVE/TECHNICAL PROFESSIONALS BEHIND IT, ADVANCING OUR CULTURAL AND EDUCATIONAL MISSION BY RECOGNIZING OUTSTANDING ACHIEVEMENT IN THE ARTS. THE 25TH ANNUAL LATIN GRAMMY AWARDS WERE HELD ON NOVEMBER 14, 2024, IN MIAMI, FLORIDA.
- THE LATIN GRAMMY PREMIERE EVENT: CEREMONY HELD PRIOR TO THE TELECAST THAT PRESENTS THE MAJORITY OF LATIN GRAMMY CATEGORIES AND SHOWCASES CREATORS ACROSS GENRES AND TECHNICAL FIELDS. THE 2024 LATIN GRAMMY PREMIERE TOOK PLACE ON NOVEMBER 14, 2024, IN MIAMI, FLORIDA.
- PERSON OF THE YEAR GALA: ANNUAL TRIBUTE GALA RECOGNIZING AN ARTIST'S CAREER AND CONTRIBUTIONS TO LATIN MUSIC, FEATURING PERFORMANCES BY PEERS AND CELEBRATING ARTISTIC EXCELLENCE. THE 2024 PERSON OF THE YEAR EVENT WAS HELD ON NOVEMBER 13, 2024, IN MIAMI BEACH, FLORIDA.
Source: Form 990 for the year ending January 31, 2025, filed with the Internal Revenue Service. 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)(6) business league.
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? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending January 2025.
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 March 1997.
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.