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Filing year 2024

THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC

Miami, Florida·EIN 95-4501165·6
Total revenue
$39.9M
Total assets
$55.5M
Total expenses
$35.7M
Reported officers
28
Mission

THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES, INC. WAS ESTABLISHED BY THE NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES TO ADVANCE THE ARTS AND SCIENCES OF RECORDING AND TO FOSTER CREATIVE LEADERSHIP FOR ARTISTIC, CULTURAL, EDUCATIONAL, AND TECHNICAL PROGRESS IN THE RECORDING FIELD IN LATIN AMERICA AND THE LATIN COMMUNITY OF THE UNITED STATES. A PRIMARY ACTIVITY OF THE ORGANIZATION IS THE RECOGNITION OF OUTSTANDING CREATIVE AND TECHNICAL ACHIEVEMENTS IN THE RECORDING ARTS BY ARTISTS IN THE LATIN COMMUNITY WHO ARE DEEMED TO BE MOST WORTHY BY THEIR COLLEAGUES THROUGH AN ANNUAL PRESENTATION OF AWARDS.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Base
$680k
Bonus
$415k
Other
$10k
Benefits
$28k
Chief Awards, Membership & Preservation Officer
officer (unspecified)
$663k
$704k
Base
$561k
Bonus
$52k
Other
$8k
Benefits
$28k
Chief Financial Officer
$609k
$647k
Base
$500k
Bonus
$52k
Other
$10k
Benefits
$31k
Head of Partnerships & Client Solutions
key employee
$472k
$502k
Base
$379k
Bonus
$42k
Other
$4k
Benefits
$39k
Senior Vice President, Awards
senior vice president
$468k
$498k
Base
$424k
Bonus
$2k
Other
$13k
Benefits
$14k
SVP Communications, Artist & Industry Relations
senior vice president
$339k
$361k
Base
$284k
Bonus
$32k
Other
$4k
Benefits
$3k
Senior Vice President, Production
senior vice president
$331k
$352k
Base
$260k
Bonus
$27k
Other
$4k
Benefits
$24k
Head of Marketing & Content Development
highest compensated employee
$327k
$348k
Base
$256k
Bonus
$27k
Other
$4k
Benefits
$24k
Sr. Director, Product Management
highest compensated employee
$227k
$242k
Base
$176k
Bonus
$1k
Other
$379
Benefits
$39k
President Emeritus
$225k
$239k
Base
$189k
Bonus
Other
$12k
Benefits
$16k
Sr. Director, Partnerships
highest compensated employee
$191k
$203k
Base
$143k
Bonus
$1k
Other
$287
Benefits
$39k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Up 64%
from 2023

From $701k in 2023 to $1.1M in 2024.

$701k
2023
$1.1M
2024
In today's dollarsEst.
Up 58% in real terms$772k to $1.2M

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE LATIN ACADEMY OF RECORDING ARTS & SCIENCES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$41.3M
$37.4M
2023
$39.9M
$35.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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