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Nonprofit · EIN 87-2789518

INSTITUTO CERVANTES OF LOS ANGELES INC

Tax-exempt (reinstated) · LOS ANGELES, CA 90068

Financials

$1M$1M2024
Revenue Expenses · by fiscal year end
Financials of INSTITUTO CERVANTES OF LOS ANGELES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,005,832$1,003,788$2,044$104,146$16,468$87,678
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,144,837
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
-$139,005
Other revenue
-$139,005

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$202,508
Salaries, compensation and benefits (total)
$217,130
Professional fundraising fees
$0
Legal fees
$39,688
Accounting fees
$31,217
Occupancy
$518,327
Travel
$17,173
Program services (functional)
$602,274
Management and general (functional)
$401,514

Balance sheet and other

Total assets, start of year
$97,993
Total assets, end of year
$104,146
Total liabilities, end of year
$16,468
Net assets, end of year
$87,678
Net assets without donor restrictions
$87,678
Gross receipts
$1,144,837
Employees
0
Year formed
2021
State of legal domicile
CA

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
Javier Munoz-BasolsPresident
Trustee or director
40$0
Maria C Barroso CasillasSecretary
Trustee or director
40$0

Address and contacts

Address (IRS master file)
3375 BARHAM BLVD, LOS ANGELES, CA 90068-1446
In care of
% ANASTASIO SANCHEZ ZAMORANO
Signed the 990
Javier Munoz-Basols, President
Phone
(323) 428-6343
Return prepared by
Franco Blueprint Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 87-2789518 or by the name INSTITUTO CERVANTES OF LOS ANGELES INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To honor, preserve, and promote Hispanic culture and traditions and the Spanish Language provide educational, artistic, and social programming to meet the needs os Spanish-speaking communities and to carry out other charitable activities as associated with this purpose as permitted by law.

990 for the year ended December 31, 2024

Program accomplishments

  • The Organization offers specialized and general Spanish language courses as well as examinations for the official diplomas in Spanish as a foreign language D.E.L.E. and the Spanish Business Certificate. Instituto Cervantes applies the latest methods for teaching Spanish and supports the work of researchers and Hispanics. The Organization provides the general public with an extensive library containing Spanish and Latin-American books, periodicals, film, and music as well as up to date technology.
    Expenses $602,274 · revenue -$139,005

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, 2024Check at the IRS

IRS record

EIN
87-2789518
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$104,146
Income (IRS master file)
$1,144,837

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,005,832$1,003,788$104,146XML

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 87-2789518).

Questions about INSTITUTO CERVANTES OF LOS ANGELES INC

What is the EIN of INSTITUTO CERVANTES OF LOS ANGELES INC?
The employer identification number (EIN) of INSTITUTO CERVANTES OF LOS ANGELES INC is 87-2789518.
Is INSTITUTO CERVANTES OF LOS ANGELES INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to INSTITUTO CERVANTES OF LOS ANGELES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INSTITUTO CERVANTES OF LOS ANGELES 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 INSTITUTO CERVANTES OF LOS ANGELES 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 INSTITUTO CERVANTES OF LOS ANGELES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of INSTITUTO CERVANTES OF LOS ANGELES INC?
The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does INSTITUTO CERVANTES OF LOS ANGELES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,005,832, expenses of $1,003,788 and total assets of $104,146 at year end.

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