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Texas · Nonprofit

HISPANIC CULTURAL CENTER OF MIDLAND

HISPANIC CULTURAL CENTER OF MIDLAND (Texas) receives grants from 15 organizations whose IRS filings report $1,111,588 to it, the largest being REA CHARITABLE TRUST ($505,000). 9 of them have funded it in more than one year.

Revenue FY2024
$359k
Funders on record
15
Grants received
$1.1M
Net assets
$286k
9/15 repeat fundersgrants exceed reported revenue in one year
01What it does

What Hispanic Cultural Center of Midland does

Mission

Preserve the hispanic culture for the youth through education in the arts. See schedule o for significant activities.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program.

The organization added a presidents cup golf classic to help with scholarships and general operating expenses. We think it may take three years to get this event where it should be as it is held at the same time as the parade. It helps kick off the hispanic heritage month festivities. Dia de los muertos was added in a joint event with midland county libraries. We searched for sponsors to help buy the trees arbolitos de vida (tree of life). Elementary schools would schedule a library tour and were invited to decorate the eight trees which turned out beautifully. We invited the classes to also build altars to dedicate to loved ones, causes, and events.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Preservation of hispanic cultural traditions through native dance, music, art and speech. Programs and events to achieve this include the tutoring,dance,flamenco dance,ballet folkoirica,mariachi,and other programs.

    $21,839 spent$52,115 earned by the program
    7% of program spending
  2. Preservation of hispanic cultural traditions through native dance, music, art and speech. Special events or other programs to achieve this included el grito,dia de las muertos,golf classic,cinco de mayo, international performance,recitals,mariachi christmas,christmas parade,diez y sies,mariachi workshop,and other special events.

    $118,843 spent$169,226 earned by the program
    38% of program spending
  3. Preservation of hispanic cultural traditions through native dance, music, art and speech. Special events such as bingo and other revenues and expenses not included in 4a and 4b above.

    $173,206 spent$157,056 earned by the program
    55% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $313,888.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($238k) Expenses 100 ($155k) Net assets 100 ($214k)2018 Revenue 104 ($249k) Expenses 124 ($193k) Net assets 126 ($270k)2019 Revenue 153 ($366k) Expenses 179 ($278k) Net assets 167 ($357k)2020 Revenue 74 ($177k) Expenses 130 ($202k) Net assets 156 ($332k)2021 Revenue 134 ($319k) Expenses 128 ($199k) Net assets 246 ($527k)2022 Revenue 78 ($186k) Expenses 128 ($199k) Net assets 166 ($355k)2023 Revenue 164 ($390k) Expenses 258 ($401k) Net assets 161 ($344k)2024 Revenue 151 ($359k) Expenses 269 ($417k) Net assets 134 ($286k)
'17'18'19'20'21'22'23'24
Revenue (151)Expenses (269)Net assets (134)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $334k to $537k (+61%).

$224k
$270k
$360k
$334k
$537k
$356k
$347k
$290k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 49%. Grants only. Government contracts and fees sit inside program revenue.

86% of HISPANIC CULTURAL CENTER OF MIDLAND’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$83k
’17
$56k
’18
$88k
’19
−$25k
’20
$120k
’21
−$13k
’22
−$11k
’23
−$58k
’24
2.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Calisto De La Pena

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1115991112107
Joined·+6+0+0+3+1+1+0
No longer listed·2601033
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 11 funders, grant income rose $48k → $247k.

2 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HISPANIC CULTURAL CENTER OF MIDLAND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HISPANIC CULTURAL CENTER OF MIDLAND leans on a few funders — its largest provides 45% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

45%
largest funder
70%
top three
~4
effective funders

Largest funder’s share by year: 2017 52% · 2018 67% · 2019 53% · 2020 70% · 2021 40% · 2022 56% · 2023 46% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of HISPANIC CULTURAL CENTER OF MIDLAND's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

53% of HISPANIC CULTURAL CENTER OF MIDLAND's grant income comes from Texas funders.

OH
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $45k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HISPANIC CULTURAL CENTER OF MIDLAND's funding base is broadening — from 4 funders to 11 as grant income climbed.

Operating margin−16% · bottom quartile
Months of reserve2.6mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like HISPANIC CULTURAL CENTER OF MIDLAND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 22%Fundraising 2%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for HISPANIC CULTURAL CENTER OF MIDLAND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HISPANIC CULTURAL CENTER OF MIDLAND?
HISPANIC CULTURAL CENTER OF MIDLAND (Texas) receives grants from 15 organizations whose IRS filings report $1,111,588 to it, the largest being REA CHARITABLE TRUST ($505,000). 9 of them have funded it in more than one year.
How many funders does HISPANIC CULTURAL CENTER OF MIDLAND have?
IRS filings report 15 organizations giving $1,111,588 in grants to HISPANIC CULTURAL CENTER OF MIDLAND, 9 of which have funded it in more than one year.
Who is the largest funder of HISPANIC CULTURAL CENTER OF MIDLAND?
REA CHARITABLE TRUST is the largest funder on record, with $505,000 in grants. The full list of funders is on this page.
How can an organization like HISPANIC CULTURAL CENTER OF MIDLAND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hispanic Cultural Center of Midland →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing