Nonprofit · EIN 39-1522543
WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC
Tax-exempt · MILWAUKEE, WI 53215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,352,840 | $2,949,554 | $403,286 | $4,007,004 | $73,774 | $3,933,230 |
| December 31, 2023 | 990 | $3,137,606 | $2,613,541 | $524,065 | $3,679,261 | $149,317 | $3,529,944 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,906
- Program service revenue
- $3,289,891
- Investment income
- $43,840
- Net rental income
- -$74,983
- Net income from fundraising events
- -$1,389
- Net income from sales of inventory
- $47,575
- Other revenue
- -$28,797
Expenses
- Grants and similar amounts paid
- $79,650
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $218,724
- Salaries, compensation and benefits (total)
- $312,557
- Professional fundraising fees
- $0
- Occupancy
- $49,017
- Travel
- $687
- Depreciation
- $41,006
- Program services (functional)
- $2,620,183
- Management and general (functional)
- $318,435
- Fundraising (functional)
- $10,936
Balance sheet and other
- Total assets, start of year
- $3,679,261
- Total assets, end of year
- $4,007,004
- Total liabilities, end of year
- $73,774
- Net assets, end of year
- $3,933,230
- Land, buildings and equipment
- $1,059,938
- Net assets without donor restrictions
- $3,933,230
- Gross unrelated business income
- -$27,408
- Gross receipts
- $3,661,729
- Employees
- 8
- Volunteers
- 2,000
- Year formed
- 1987
- State of legal domicile
- WI
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 |
|---|---|---|---|
| ALEXANDER AYALA | Trustee Trustee or director | 5 | $0 |
| ERNESTO BACA | Treasurer Trustee or director, Officer | 5 | $0 |
| RAY BACALZO | Trustee Trustee or director | 5 | $0 |
| RUBEN BURGOS | President Trustee or director, Officer | 5 | $0 |
| KRISTELA CERVERA | Trustee Trustee or director | 5 | $0 |
| OSCAR CERVERA | Trustee Trustee or director | 5 | $0 |
| MARINA CROFT | Trustee Trustee or director | 5 | $0 |
| IVAN GAMBOA | Trustee Trustee or director | 5 | $0 |
| LUIS GONZALES | Trustee Trustee or director | 5 | $0 |
| ANTONIO GUAJARDO | Vice President Trustee or director, Officer | 5 | $0 |
| JULIO GUIX | Trustee Trustee or director | 5 | $0 |
| JASON HYLAND | Trustee Trustee or director | 5 | $0 |
| LUPE MARTINEZ | Trustee Trustee or director | 5 | $0 |
| ANGELA MONTOTO | Trustee Trustee or director | 5 | $0 |
| DIANA MORENO | Secretary Trustee or director, Officer | 5 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMARA OLIVAS | Trustee Trustee or director | 5 | $0 |
| ASAEL RUIZ | Trustee Trustee or director | 5 | $0 |
| RICARDO RUIZ | Vice President Trustee or director, Officer | 5 | $0 |
| WOODY WELCH | Trustee Trustee or director | 5 | $0 |
| TERESA MERCADO | Executive Dir. Trustee or director | 60 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXANDER AYALA | Trustee Trustee or director | 5 | $0 |
| ERNESTO BACA | Trustee Trustee or director, Officer | 5 | $0 |
| RAY BACALZO | Trustee Trustee or director | 5 | $0 |
| RUBEN BURGOS | President Trustee or director, Officer | 5 | $0 |
| KRISTELA CERVERA | Trustee Trustee or director | 5 | $0 |
| OSCAR CERVERA | Trustee Trustee or director | 5 | $0 |
| MARINA CROFT | Trustee Trustee or director | 5 | $0 |
| IVAN GAMBOA | Trustee Trustee or director | 5 | $0 |
| LUIS GONZALES | Trustee Trustee or director | 5 | $0 |
| ANTONIO GUAJARDO | Vice President Trustee or director, Officer | 5 | $0 |
| JULIO GUIX | Trustee Trustee or director | 5 | $0 |
| JASON HYLAND | Trustee Trustee or director | 5 | $0 |
| LUPE MARTINEZ | Trustee Trustee or director | 5 | $0 |
| ANGELA MONTOTO | Trustee Trustee or director | 5 | $0 |
| DIANA MORENO | Trustee Trustee or director, Officer | 5 | $0 |
| TAMARA OLIVAS | Trustee Trustee or director | 5 | $0 |
| ASAEL RUIZ | Trustee Trustee or director | 5 | $0 |
| RICARDO RUIZ | Vice President Trustee or director, Officer | 5 | $0 |
| WOODY WELCH | Trustee Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2997 S 20TH ST, MILWAUKEE, WI 53215-3742
- In care of
- % TERESA MERCADO
- Principal officer (990 for 2024)
- RUBEN BURGOS, 2997 S 20TH ST, MILWAUKEE, WI 532153742
- Signed the 990
- ERNESTO BACA, Treasurer
- Phone
- (414) 383-7066
- Website
- www.mexicanfiesta.org
- Return prepared by
- Andrea & Orendorff
Mission
SEE SCHEDULE O.
Program accomplishments
- THE YEAR-ROUND ACTIVITIES OF THE WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION SERVE AS A VEHICLE BY WHICH TO PROVIDE, ENHANCE AND UNDERSTAND THE CULTURAL, EDUCATIONAL, ARTISTIC, ECONOMIC DEVELOPMENT AND LITERARY ENVIRONMENT OF THE HISPANIC COMMUNITY IN THE METRO MILWAUKEE AREA, AS WELL AS THROUGHOUT THE STATE AND THE COUNTRY. EDUCATION BECOMES A VALUED COMPONENT OF THE ORGANIZATIONS'S EXISTENCE, SO OUR 3-DAY CULTURAL FESTIVAL ALLOWS US TO PROVIDE A SCHOLARSHIP PROGRAM. SINCE ITS INCEPTION, THE ORGANIZATION HAS AWARDED OVER $1.8 MILLION IN SCHOLARSHIPS TO OVER 700 STUDENTS, FRATERNITIES, SORORITIES AND NONPROFITS (COMMUNITY BASED ORGANIZATIONS. THESE SCHOLARSHIPS HAVE ALLOWED ASPIRING HISPANIC STUDENTS TO LIVE THEIR DREAMS OF FURTHERING THEIR EDUCATION. ADDITIONALLY, THE FOUNDATION HOSTS COMMUNITY EVENTS FOR THE BENEFIT OF THE GENERAL PUBLIC AT ITS FLORES HALL FACILITY IN MILWAUKEE.Expenses $2,620,183 · grants $79,650 · revenue $3,289,891
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
- 39-1522543
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1962
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $4,007,004
- Income (IRS master file)
- $3,661,729
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,352,840 | $2,949,554 | $4,007,004 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $3,137,606 | $2,613,541 | $3,679,261 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,723,281 | $2,408,102 | $3,082,042 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 39-1522543).
Questions about WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC
- What is the EIN of WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC is 39-1522543.
- Is WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
- Are donations to WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION 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 WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION 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 WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION 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 WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names RUBEN BURGOS.
- Who are the officers and directors of WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
- How much revenue does WISCONSIN HISPANIC SCHOLARSHIP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,352,840, expenses of $2,949,554 and total assets of $4,007,004 at year end.
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