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Nonprofit · EIN 20-4225234

XICO INC

Tax-exempt · PHOENIX, AZ 85004

Financials

$790K$1.1M2023$726K$931K2024
Revenue Expenses · by fiscal year end
Financials of XICO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$726,275$930,781-$204,506$1,268,227$1,122,166$146,061
December 31, 2023990$790,114$1,074,710-$284,596$1,571,381$1,295,971$275,410
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$212,229
Program service revenue
$150,863
Investment income
$1,141
Net income from fundraising events
$343,375
Net income from sales of inventory
$18,667
Other revenue
$362,042

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$80,012
Other salaries and wages
$197,130
Salaries, compensation and benefits (total)
$331,793
Professional fundraising fees
$0
Accounting fees
$38,550
Occupancy
$140,104
Travel
$788
Depreciation
$14,467
Program services (functional)
$651,562
Management and general (functional)
$127,573
Fundraising (functional)
$151,646

Balance sheet and other

Total assets, start of year
$1,571,381
Total assets, end of year
$1,268,227
Total liabilities, end of year
$1,122,166
Net assets, end of year
$146,061
Land, buildings and equipment
$71,275
Net assets without donor restrictions
$63,000
Net assets with donor restrictions
$83,061
Gross receipts
$833,140
Employees
6
Volunteers
33
Year formed
2005
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Donna ValdezExecutive Director40$80,012
Ricardo Lopez ValenciaDirector
Trustee or director, Officer
2$0
Amber StarrPresident
Trustee or director, Officer
2$0
Maria Elena Coronado SutterDirector
Trustee or director
2$0
Luciek MkrdichianTreasurer
Trustee or director, Officer
2$0
Hon Lorenzo SierraTrustee
Trustee or director
2$0
Brandon ClarkeDirector
Trustee or director
2$0
Diana B FigueroaDirector
Trustee or director
2$0
Jacob C MooreDirector
Trustee or director
2$0
Cindy A VillanuevaDirector
Trustee or director
2$0
Analise ZarembaTrustee
Trustee or director
2$0
Jose CardenasTrustee
Trustee or director, Officer
2$0
Gema Duarte LunaTrustee
Trustee or director
2$0
Art PerezTrustee
Trustee or director
2$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Donna ValdezExecutive Director40$102,488
Ricardo Lopez ValenciaChairman
Trustee or director, Officer
2$0
Amber StarrPresident
Trustee or director, Officer
2$0
Mara Elena Coronado- SutterSecretary
Trustee or director, Officer
2$0
Luciek MkrdichianTreasurer
Trustee or director, Officer
2$0
Hon Lorenzo SierraTrustee
Trustee or director
2$0
Brandon ClarkeTrustee
Trustee or director
2$0
Diana B FigueroaTrustee
Trustee or director
2$0
Jacob C MooreTrustee
Trustee or director
2$0
Cindy A VillanuevaTrustee
Trustee or director
2$0
Analise ZarembaTrustee
Trustee or director
2$0
Jos CrdenasDirector
Trustee or director, Officer
2$0
Gema Duarte LunaTrustee
Trustee or director
2$0
Art PrezTrustee
Trustee or director
2$0

Address and contacts

Address (IRS master file)
400 E VAN BUREN ST STE 410, PHOENIX, AZ 85004-2264
Principal officer (990 for 2024)
RICARDO VALENCIA
Signed the 990
RICARDO VALENCIA, Director
Phone
(480) 833-5875
Return prepared by
Aniles and Company PLLC

Mission

Xico believes in the transformative power of art and that culture can be honored and preserved through artistic expression. Xico advances the visibility and appreciation of Latino and Indigenous culture by supporting artists in developing artistic skills and knowledge; serving as a community working studio for printmaking and other visual media; increasing promotion and visibility of Latino and Indigenous art through exhibitions, sales, and community partnerships; providing a space and environment for the community to engage in dialogue and understand the rich contributions of Latino and Indigenous culture.

990 for the year ended December 31, 2024

Program accomplishments

  • Xico believes in the transformative power of art and that culture can be honored and preserved through artistic expression. Xico advances the visibility and appreciation of Latino and Indigenous culture by supporting artists in developing artistic skills and knowledge; serving as a community working studio for printmaking and other visual media; increasing promotion and visibility of Latino and Indigenous art through exhibitions, sales, and community partnerships; providing a space and environment for the community to engage in dialogue and understand the rich contributions of Latino and Indigenous culture
    Expenses $651,562

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4225234
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,268,227
Income (IRS master file)
$833,140

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$726,275$930,781$1,268,227XML
990December 2023$790,114$1,074,710$1,571,381XML
990December 2022$830,754$927,140$2,009,527IRS
990December 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4225234).

Questions about XICO INC

What is the EIN of XICO INC?
The employer identification number (EIN) of XICO INC is 20-4225234.
Is XICO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to XICO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does XICO INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of XICO INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did XICO INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of XICO INC?
The 990 for the year ended December 31, 2024 names RICARDO VALENCIA.
Who are the officers and directors of XICO INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $80,012 (Donna Valdez, Executive Director).
How much revenue does XICO INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $726,275, expenses of $930,781 and total assets of $1,268,227 at year end.

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