Cultural Crete Usa Inc
- Assets
- $41.7k
- Revenue
- $4.4k
- Investments
- $18.9k
- Employees
- 0
- Location
- Dunedin, FL
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 35-2403890
Organization Overview
Cultural Crete Usa Inc is located in Dunedin, FL. The organization was established in 2011. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultural Crete USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Cultural Crete USA Inc generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $23.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING CRETAN CULTURE THROUGH MUSIC, THEATRE & BOOKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emmanuel E Velivasakis President | 3 | $0 | |
Orsa P Velivasakis Treasurer | 1 | $0 | |
Lefteris N Velivasakis Secretary | 1 | $0 | |
Dr Maria Hnaraki Board Member | 0.5 | $0 | |
George A Velivasakis Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $538 |
| Capital Gain Net Income | $538 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,434 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $32 |
| Taxes | $109 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $13,081 |
| Other expenses | $6,904 |
| Total operating and administrative expenses | $20,726 |
| Contributions, gifts, grants paid | $2,765 |
| Total expenses and disbursements | $23,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,831 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $41,749 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $842 |
| Total liabilities | $842 |
Grants Awarded
Over the last fiscal year, Cultural Crete Usa Inc has awarded $2,765 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE GREEK PARADE COMMITTEE PURPOSE: PROMOTE HELLENISM | $500 |
VARIOUS ORGFANIZATIONS IN CRETE GREECE PURPOSE: PROMOTE HELLENISM | $2,265 |