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Luis A Ferre Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Art Museums (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.9M (2023)

Expenses
$6.06M (2023)

Total Assets
$42M (2023)

Total Liabilities
$4.64M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,898,282
Expenses
$6,063,560
Net Income
-$1,165,278
Net Assets
$37,354,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,165,650
85.0%
Program Services $12,533
0.3%
Investment Income $573,280
11.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,150
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $20,401
0.4%
Other Revenue $123,268
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $22,456
0.4%
Other Salaries and Wages $1,795,032
29.6%
Assets/Debt
Total Assets $41,995,375
Total Liabilities $4,640,778
Net Assets $37,354,597
Compensation
Key Employees and Officers Compensation Related Other
Cheryl Hartup (Director) $185,566 $0 $2,000
Rubi Rodriguez Bustillo (Deputy Direc) $156,600 $0 $3,000
Floribeth Anciani Ortiz (Finance Dire) $112,620 $0 $0
Maria Luisa Ferre Rangel (President &) $0 $0 $0
Antonio Luis Ferre Rangel (Trustee) $0 $0 $0
Luis Trigo Ferre (Trustee) $0 $0 $0
Jaime Fonalledas (Trustee) $0 $0 $0
Salom Galib (Trustee) $0 $0 $0
Nicholas Prouty (Trustee) $0 $0 $0
Anaymir Muoz Grajales (Trustee) $0 $0 $0
Richard Carrion Matienzo (Trustee) $0 $0 $0
Walter Keenan (Trustee) $0 $0 $0
Alberto Bac (Trustee) $0 $0 $0
Pedro Buso Garcia (Secretary) $0 $0 $0
Maria J Miranda Cruz (Treasurer) $0 $0 $0
Carlos G Martinez Rivera (Assistant Tr) $0 $0 $0
Rafael Cox Alomar (Trustee) $0 $0 $0
Hector Guillermo Martinez (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,290,339
Expenses
$5,149,913
Net Income
$1,140,426
Net Assets
$38,416,639
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,309,792
36.7%
Program Services $0
Investment Income $471,671
7.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,325
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $12,572
0.2%
Other Revenue $3,494,979
55.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $23,367
0.5%
Other Salaries and Wages $1,523,155
29.6%
Assets/Debt
Total Assets $43,330,200
Total Liabilities $4,913,561
Net Assets $38,416,639
Compensation
Key Employees and Officers Compensation Related Other
Alejandra Pea (Executive Di) $252,644 $0 $20,822
Rubi Rodriguez Bustillo (Deputy Direc) $124,800 $0 $2,000
Floribeth Anciani (Finance Dire) $105,625 $0 $5,000
Maria Luisa Ferre Rangel (President &) $0 $0 $0
Antonio Luis Ferre Rangel (Trustee) $0 $0 $0
Luis Trigo Ferre (Trustee) $0 $0 $0
Jaime Fonalledas (Trustee) $0 $0 $0
Salom Galib (Trustee) $0 $0 $0
Nicholas Prouty (Trustee) $0 $0 $0
Anaymir Muoz Grajales (Trustee) $0 $0 $0
Richard Carrion Matienzo (Trustee) $0 $0 $0
Walter Keenan (Trustee) $0 $0 $0
Alberto Bac (Trustee) $0 $0 $0
Rafael Cox Alomar (Trustee) $0 $0 $0
Pedro Buso Garcia (Secretary) $0 $0 $0
Maria J Miranda Cruz (Treasurer) $0 $0 $0
Carlos G Martinez Rivera (Assistant Tr) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,960,485
Expenses
$8,216,282
Net Income
-$4,255,797
Net Assets
$40,004,828
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,352,901
59.4%
Program Services $0
Investment Income $423,005
10.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,100
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $10,567
0.3%
Other Revenue $1,172,912
29.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $63,020
0.8%
Other Salaries and Wages $1,309,777
15.9%
Assets/Debt
Total Assets $45,932,635
Total Liabilities $5,927,807
Net Assets $40,004,828
Compensation
Key Employees and Officers Compensation Related Other
Alejandra Pea (Executive Di) $275,805 $0 $4,000
Floribeth Anciani (Finance Dire) $101,252 $0 $5,000
Maria Luisa Ferre Rangel (President &) $0 $0 $0
Antonio Luis Ferre Rangel (Trustee) $0 $0 $0
Roberto Serralles (Trustee) $0 $0 $0
Luis Trigo Ferre (Trustee) $0 $0 $0
Jaime Fonalledas (Trustee) $0 $0 $0
Salom Galib (Trustee) $0 $0 $0
Nicholas Prouty (Trustee) $0 $0 $0
Anaymir Muoz Grajales (Trustee) $0 $0 $0
Richard Carrion Matienzo (Trustee) $0 $0 $0
Walter Keenan (Trustee) $0 $0 $0
Hank Holland (Trustee) $0 $0 $0
Alberto Bac (Trustee) $0 $0 $0
Pedro Buso Garcia (Secretary) $0 $0 $0
Maria J Miranda Cruz (Treasurer) $0 $0 $0
Carlos G Martinez Rivera (Assistant Tr) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,767,565
Expenses
$5,607,116
Net Income
-$1,839,551
Net Assets
$39,997,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,681,008
44.6%
Program Services $76,854
2.0%
Investment Income $535,741
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,828
0.2%
Net Fundraising $1,002,195
26.6%
Sales of Assets $0
Net Inventory Sales $44,595
1.2%
Other Revenue $421,344
11.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $97,005
1.7%
Other Salaries and Wages $1,709,464
30.5%
Assets/Debt
Total Assets $46,373,156
Total Liabilities $6,376,156
Net Assets $39,997,000

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,217,970
Expenses
$5,538,848
Net Income
-$2,320,878
Net Assets
$42,493,829
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,424,365
44.3%
Program Services $150,448
4.7%
Investment Income $582,320
18.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $37,748
1.2%
Net Fundraising $873,394
27.1%
Sales of Assets $0
Net Inventory Sales $60,944
1.9%
Other Revenue $88,751
2.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $88,972
1.6%
Other Salaries and Wages $1,222,647
22.1%
Assets/Debt
Total Assets $49,499,696
Total Liabilities $7,005,867
Net Assets $42,493,829

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,768,367
Expenses
$5,731,976
Net Income
-$1,963,609
Net Assets
$44,537,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,219,479
58.9%
Program Services $100,762
2.7%
Investment Income $636,404
16.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $33,520
0.9%
Net Fundraising $722,574
19.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $55,628
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $572,367
10.0%
Professional Fundraising Fees $161,817
2.8%
Other Salaries and Wages $933,068
16.3%
Assets/Debt
Total Assets $51,668,826
Total Liabilities $7,131,155
Net Assets $44,537,671

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,643,681
Expenses
$5,815,377
Net Income
-$2,171,696
Net Assets
$46,066,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,909,898
52.4%
Program Services $131,863
3.6%
Investment Income $675,051
18.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $54,222
1.5%
Net Fundraising $787,602
21.6%
Sales of Assets $0
Net Inventory Sales $54,338
1.5%
Other Revenue $30,707
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $624,045
10.7%
Professional Fundraising Fees $5,283
0.1%
Other Salaries and Wages $1,054,554
18.1%
Assets/Debt
Total Assets $53,377,019
Total Liabilities $7,310,718
Net Assets $46,066,301

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,509,337
Expenses
$5,771,987
Net Income
-$1,262,650
Net Assets
$46,850,639
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,665,937
59.1%
Program Services $123,098
2.7%
Investment Income $679,955
15.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $69,486
1.5%
Net Fundraising $805,691
17.9%
Sales of Assets $0
Net Inventory Sales $46,871
1.0%
Other Revenue $118,299
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $752,721
13.0%
Professional Fundraising Fees $20,000
0.3%
Other Salaries and Wages $1,418,215
24.6%
Assets/Debt
Total Assets $54,553,248
Total Liabilities $7,702,609
Net Assets $46,850,639

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,669,521
Expenses
$6,601,400
Net Income
-$931,879
Net Assets
$48,361,766
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,657,276
64.5%
Program Services $168,683
3.0%
Investment Income $800,564
14.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $84,473
1.5%
Net Fundraising $776,137
13.7%
Sales of Assets $0
Net Inventory Sales $88,792
1.6%
Other Revenue $93,596
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $468,613
7.1%
Professional Fundraising Fees $101,097
1.5%
Other Salaries and Wages $1,833,254
27.8%
Assets/Debt
Total Assets $56,067,533
Total Liabilities $7,705,767
Net Assets $48,361,766

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,183,126
Expenses
$7,606,546
Net Income
-$2,423,420
Net Assets
$50,324,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,296,268
63.6%
Program Services $178,257
3.4%
Investment Income $619,190
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $49,166
0.9%
Net Fundraising $671,656
13.0%
Sales of Assets $145,606
2.8%
Net Inventory Sales $83,692
1.6%
Other Revenue $139,291
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,071,267
14.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,733,136
22.8%
Assets/Debt
Total Assets $61,017,343
Total Liabilities $10,692,483
Net Assets $50,324,860

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,176,570
Expenses
$7,837,347
Net Income
$2,339,223
Net Assets
$50,986,738
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,182,667
70.6%
Program Services $188,322
1.9%
Investment Income $1,230,515
12.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $129,603
1.3%
Net Fundraising $700,449
6.9%
Sales of Assets $468,025
4.6%
Net Inventory Sales $101,253
1.0%
Other Revenue $175,736
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $580,644
7.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,583,081
33.0%
Assets/Debt
Total Assets $62,771,404
Total Liabilities $11,784,666
Net Assets $50,986,738

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,835,935
Expenses
$7,357,164
Net Income
$1,478,771
Net Assets
$48,338,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,329,541
71.6%
Program Services $302,645
3.4%
Investment Income $711,370
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $74,378
0.8%
Net Fundraising $655,212
7.4%
Sales of Assets $421,003
4.8%
Net Inventory Sales $125,307
1.4%
Other Revenue $216,479
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $753,178
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,879,183
25.5%
Assets/Debt
Total Assets $61,554,557
Total Liabilities $13,216,254
Net Assets $48,338,303

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,455,871
Expenses
$6,394,052
Net Income
$61,819
Net Assets
$45,866,998
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,880,764
60.1%
Program Services $156,154
2.4%
Investment Income $928,115
14.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $7,855
0.1%
Net Fundraising $400,532
6.2%
Sales of Assets $863,630
13.4%
Net Inventory Sales $45,028
0.7%
Other Revenue $173,793
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $640,144
10.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,756,521
27.5%
Assets/Debt
Total Assets $59,828,045
Total Liabilities $13,961,047
Net Assets $45,866,998

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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