From WikiPilipinas: The Hip 'n Free Philippine Encyclopedia
The Circulo Hispano-Filipino was established 1882 by a group of Filipino students in Madrid led by Juan Atayde. Supported by a group of peninsulares, the organization aims to voice out the concerns of Filipinos. Notable members of the organization include Jose Rizal, Marcelo H. del Pilar, Juan Luna, and Graciano Lopez Jaena.
The organization was able to publish the Revista del Circulo Hispano-Filipino, a newspaper aimed at expressing thoughts about the abusive Spanish goverment. However the publication was short-lived due to lack of funds and conflicting political issues, thus, leading to the dissolution of the organization.