Bilingual School Of Business & Performing Arts Inc
- Assets
- $260.4k
- Revenue
- $560.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Miami, FL
- Founding
- 06/2014
- Data as of
- 06/2021
- EIN
- 45-5467461
Organization Overview
Bilingual School Of Business & Performing Arts Inc, operating under the name Bb Harts, is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Bb Harts employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bb Harts 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 06/2021, Bb Harts generated $560.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.8% each year . All expenses for the organization totaled $407.6k during the year ending 06/2021. While expenses have increased by 33.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE HIGH-QUALITY YOUTH DEVELOPMENT PROGRAMS FOR CHILDREN THROUGH ACADEMIC, PHYSICAL, ARTISTIC, EMOTIONAL, AND ENTREPRENEURIAL ACTIVITIES THAT THEY WILL USE IN YEARS TO COME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BBHARTS BEGAN AT MATER GARDENS ELEMENTARY IN 2012 AS A PILOT PROGRAM. OVER THE LAST 10 YEARS THE PROGRAM EXPANDED TO MATER LAKES MIDDLE AND HIGH SCHOOL, MOVED TO THEIR LOCATION IN PALM SPRING NORTH SINCE 2015. BBHARTS ALSO OFFERS YEAR-ROUND PROGRAMMING TO STUDENTS AGES 4-12 IN PARTNERSHIP WITH MATER GARDENS ACADEMY, PLUS SUMMER CAMPS AND OUTREACH PROGRAMS WITH OTHER LOCAL ORGANIZATIONS SUCH AS DISTRICT 13. BBHARTS SERVED NEARLY 156 STUDENTS DURING THE 2020-2021 FISCAL YEAR. DURING THIS YEAR, OUR YOUTH HAVE COMPETED IN OVER 4 REGIONAL COMPETITIONS AND 1 NATIONAL WINNING SEVERAL 1ST PLACES. OUR ORGANIZATION ALSO RECEIVED A 500 SHAKERS STUDIO AWARD RECOGNIZING US THE OUTSTANDING ORGANIZATION FOR THE LOVE OF THE ARTS. IN ADDITION WE PRESENTED OUR 8TH MUSICAL THEATER ORIGINAL PRODUCTIONS :QUE PASO 2020 IN THE MIRAMAR CULTURAL THEATER. WE WERE RECOGNIZED BY OUR DISTRICT COMMISSIONER AND GRANTED A 5000 GRANT FOR OUR EXCELLENCE AND CONTRIBUTION TO YOUTH AND OUR UNIQUE MESSAGE OF HOPE TO A COMMUNITY OF OVER 600 PEOPLE. IN THE PAST WE HAVE BEEN FEATURED IN LOCAL NETWORKS SUCH AS TELEMUNDO AND UNIVISION. AS OF THIS YEAR 90% OF OUR STAFF IS CONFORMED BY FORMER STUDENTS THAT HAVE IMPROVED ARTISTICALLY, ACADEMICALLY, SCHOOL ATTENDANCE AND IN LIFE SKILLS - EVIDENCE OF CHANGE TAKING PLACE WITHIN OUR YOUTH AND THEIR ABILITY TO BECOME SUCCESSFUL.
BBHARTS BEGAN AT MATER GARDENS ELEMENTARY IN 2012 AS A PILOT PROGRAM. OVER THE LAST 10 YEARS THE PROGRAM EXPANDED TO MATER LAKES MIDDLE AND HIGH SCHOOL, MOVED TO THEIR LOCATION IN PALM SPRING NORTH SINCE 2015. BBHARTS ALSO OFFERS YEAR-ROUND PROGRAMMING TO STUDENTS AGES 4-12 IN PARTNERSHIP WITH MATER GARDENS ACADEMY, PLUS SUMMER CAMPS AND OUTREACH PROGRAMS WITH OTHER LOCAL ORGANIZATIONS SUCH AS DISTRICT 13. BBHARTS SERVED NEARLY 156 STUDENTS DURING THE 2020-2021 FISCAL YEAR. DURING THIS YEAR, OUR YOUTH HAVE COMPETED IN OVER 4 REGIONAL COMPETITIONS AND 1 NATIONAL WINNING SEVERAL 1ST PLACES. OUR ORGANIZATION ALSO RECEIVED A 500 SHAKERS STUDIO AWARD RECOGNIZING US THE OUTSTANDING ORGANIZATION FOR THE LOVE OF THE ARTS. IN ADDITION WE PRESENTED OUR 8TH MUSICAL THEATER ORIGINAL PRODUCTIONS :QUE PASO 2020 IN THE MIRAMAR CULTURAL THEATER. WE WERE RECOGNIZED BY OUR DISTRICT COMMISSIONER AND GRANTED A 5000 GRANT FOR OUR EXCELLENCE AND CONTRIBUTION TO YOUTH AND OUR UNIQUE MESSAGE OF HOPE TO A COMMUNITY OF OVER 600 PEOPLE. IN THE PAST WE HAVE BEEN FEATURED IN LOCAL NETWORKS SUCH AS TELEMUNDO AND UNIVISION. AS OF THIS YEAR 90% OF OUR STAFF IS CONFORMED BY FORMER STUDENTS THAT HAVE IMPROVED ARTISTICALLY, ACADEMICALLY, SCHOOL ATTENDANCE AND IN LIFE SKILLS - EVIDENCE OF CHANGE TAKING PLACE WITHIN OUR YOUTH AND THEIR ABILITY TO BECOME SUCCESSFUL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miriam DE Francisco Executive Di | Officer | 40 | $40,616 |
Sara Valera Director | Officer | 40 | $36,346 |
Pilar Fernandez Director | Trustee | 5 | $0 |
Monica Cordova Director | Trustee | 10 | $0 |
Yelina Angulo Secretary | Trustee | 5 | $0 |
Lourdes Marrero Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,598 |
| Noncash contributions included in lines 1a–1f | $531 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,006 |
| Total Program Service Revenue | $451,123 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $560,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,962 |
| Compensation of current officers, directors, key employees. | $13,084 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,401 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $11,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,188 |
| Advertising and promotion | $1,765 |
| Office expenses | $18,426 |
| Information technology | $120 |
| Royalties | $0 |
| Occupancy | $45,524 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,176 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,412 |
| Insurance | $4,330 |
| All other expenses | $33,366 |
| Total functional expenses | $407,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,677 |
| Savings and temporary cash investments | $135,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,195 |
| Net Land, buildings, and equipment | $58,548 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,438 |
| Accounts payable and accrued expenses | $6,643 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $85,921 |
| Other liabilities | $0 |
| Total liabilities | $92,564 |
| Net assets without donor restrictions | $167,874 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $260,438 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bilingual School Of Business & Performing Arts Inc has recieved totaling $40,564.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $30,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,564 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Raymond F Kravis Center For The Performing Arts Inc West Palm Beach, FL | $194,889,253 | $42,975,938 |
Artis-Naples Inc Naples, FL | $210,241,611 | $50,262,823 |
Ruth Eckerd Hall Inc Clearwater, FL | $58,649,898 | $27,197,367 |
Tampa Bay Performing Arts Center Tampa, FL | $46,297,228 | $24,294,667 |
The Florida Theatre Performing Arts Jacksonville, FL | $15,331,113 | $12,957,631 |
Maxwell C King Center For The Performing Arts Inc Cocoa, FL | $10,137,230 | $8,368,626 |
Rivercenter Inc Columbus, GA | $5,489,865 | $4,501,265 |
Maltz Jupiter Theatre Inc Jupiter, FL | $40,833,845 | $12,006,025 |
Opera Orlando Inc Orlando, FL | $507,305 | $2,036,240 |
Emerald Coast Theatre Company Miramar Beach, FL | $848,624 | $1,713,398 |
Zoetic Stage Inc Miami, FL | $319,976 | $861,527 |
Princess Theatre Center For The Performing Arts Decatur, AL | $709,862 | $747,473 |