Bay Of Pigs Museum And Library Of The 2506th Brigade Inc
- Assets
- $2.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Miami, FL
- Founding
- Data as of
- 09/2023
- EIN
- 65-0005980
Organization Overview
Bay Of Pigs Museum And Library Of The 2506th Brigade Inc is located in Miami, FL. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Bay Of Pigs Museum And Library Of The 2506th Brigade Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Of Pigs Museum And Library Of The 2506th Brigade 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 09/2023, Bay Of Pigs Museum And Library Of The 2506th Brigade Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.5% each year . All expenses for the organization totaled $400.1k during the year ending 09/2023. While expenses have increased by 58.0% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HONOR THE MARTYRS AND VETERANS OF THE "2506 BRIGADE", MEMORIALIZE THIER EFFORTS ON APRIL 17, 1961 AND TO PERPETUATE THIER LEGACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF MUSEUM AND LIBRARY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Luis President | OfficerTrustee | 16 | $0 |
Jose R Montalvo-Gutierrez Director | Trustee | 1 | $0 |
Eduardo Zayas-Bazan Director | Trustee | 1 | $0 |
Rene Luis Director | Trustee | 1 | $0 |
Ricardo Gomez Director | Trustee | 1 | $0 |
Rolando Rodriguez Treasurer, Director | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,917,449 |
| All other contributions, gifts, grants, and similar amounts not included above | $162,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,079,789 |
| Total Program Service Revenue | $0 |
| Investment income | $2,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,597 |
| 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 | -$16,631 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,069,986 |
| 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. | $84,190 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,691 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,337 |
| Fees for services: Management | $950 |
| Fees for services: Legal | $700 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,810 |
| Advertising and promotion | $34,903 |
| Office expenses | $14,987 |
| Information technology | $11,768 |
| Royalties | $0 |
| Occupancy | $28,472 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,871 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,184 |
| Insurance | $7,069 |
| All other expenses | $0 |
| Total functional expenses | $400,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $722,574 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,882,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,604,701 |
| Accounts payable and accrued expenses | $22,385 |
| Grants payable | $0 |
| Deferred revenue | $317,551 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $339,936 |
| Net assets without donor restrictions | $2,196,640 |
| Net assets with donor restrictions | $68,125 |
| 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 | $2,604,701 |