Nonprofit · EIN 20-4225234
XICO INC
Tax-exempt · PHOENIX, AZ 85004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $726,275 | $930,781 | -$204,506 | $1,268,227 | $1,122,166 | $146,061 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donna Valdez | Executive Director | 40 | $80,012 |
| Ricardo Lopez Valencia | Director Trustee or director, Officer | 2 | $0 |
| Amber Starr | President Trustee or director, Officer | 2 | $0 |
| Maria Elena Coronado Sutter | Director Trustee or director | 2 | $0 |
| Luciek Mkrdichian | Treasurer Trustee or director, Officer | 2 | $0 |
| Hon Lorenzo Sierra | Trustee Trustee or director | 2 | $0 |
| Brandon Clarke | Director Trustee or director | 2 | $0 |
| Diana B Figueroa | Director Trustee or director | 2 | $0 |
| Jacob C Moore | Director Trustee or director | 2 | $0 |
| Cindy A Villanueva | Director Trustee or director | 2 | $0 |
| Analise Zaremba | Trustee Trustee or director | 2 | $0 |
| Jose Cardenas | Trustee Trustee or director, Officer | 2 | $0 |
| Gema Duarte Luna | Trustee Trustee or director | 2 | $0 |
| Art Perez | Trustee Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donna Valdez | Executive Director | 40 | $102,488 |
| Ricardo Lopez Valencia | Chairman Trustee or director, Officer | 2 | $0 |
| Amber Starr | President Trustee or director, Officer | 2 | $0 |
| Mara Elena Coronado- Sutter | Secretary Trustee or director, Officer | 2 | $0 |
| Luciek Mkrdichian | Treasurer Trustee or director, Officer | 2 | $0 |
| Hon Lorenzo Sierra | Trustee Trustee or director | 2 | $0 |
| Brandon Clarke | Trustee Trustee or director | 2 | $0 |
| Diana B Figueroa | Trustee Trustee or director | 2 | $0 |
| Jacob C Moore | Trustee Trustee or director | 2 | $0 |
| Cindy A Villanueva | Trustee Trustee or director | 2 | $0 |
| Analise Zaremba | Trustee Trustee or director | 2 | $0 |
| Jos Crdenas | Director Trustee or director, Officer | 2 | $0 |
| Gema Duarte Luna | Trustee Trustee or director | 2 | $0 |
| Art Prez | Trustee 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
- Website
- https://www.xicoinc.org/
- 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.
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 cultureExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $1,268,227
- Income (IRS master file)
- $833,140
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $726,275 | $930,781 | $1,268,227 | XML |
| 990 | December 2023 | $790,114 | $1,074,710 | $1,571,381 | XML |
| 990 | December 2022 | $830,754 | $927,140 | $2,009,527 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | June 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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