Centro Cultural Espanol De Cooperacion Iberoamericana Inc
- Assets
- $359.4k
- Revenue
- $510.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Coral Gables, FL
- Founding
- 06/1997
- Data as of
- 12/2023
- EIN
- 65-0718459
Organization Overview
Centro Cultural Espanol De Cooperacion Iberoamericana Inc is located in Coral Gables, FL. The organization was established in 1997. 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. As of 12/2023, Centro Cultural Espanol DE Cooperacion Iberoamericana Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Cultural Espanol DE Cooperacion Iberoamericana 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 12/2023, Centro Cultural Espanol DE Cooperacion Iberoamericana Inc generated $510.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $671.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. 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
THROUGH ITS MISSION OF PROVIDING CULTURAL EXPOSURE TO ALL SECTORS OF THE POPULATION, CCE OFFERS VARIOUS ART EXHIBITIONS, THEATRE (MICRO THEATRE) DANCE PERFORMANCES AND YOUTH PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL EXCHANGES
CCE'S MISSION IS TO CONTRIBUTE THROUGH CULTURE AND SCIENCE TO THE SOCIAL AND HUMAN DEVELOPMENT IN SOUTH FLORIDA AS WELL AS ART PROGRAMS THEY HAVE ACHIEVED THEIR MISSION BY PROVIDING THE PUBLIC EXPOSURE TO INTERNATIONAL ARTS VIA VARIOUS EXPOSITION EVENTS OFFERED EACH MONTH. CCE CONDUCTS THEIR VARIOUS PROGRAM EVENTS OM A WEEKLY BASIS. THEIR CALENDAR OF EVENTS ARE POSTED ON THEIR WEBSITE. THE ART GALLERY IS OPEN TO THE PUBLIC FURTHERING CULTURAL EXPOSURE TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julian Linares President | OfficerTrustee | $0 | |
Juan Jose Nunez Vice Preside | Officer | $0 | |
Milton Fuentes Treasurer | Officer | $0 | |
Jamie Lacadena Higuera Honorary Pre | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,330 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,840 |
| All other contributions, gifts, grants, and similar amounts not included above | $345,654 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,824 |
| Total Program Service Revenue | $157,233 |
| Investment income | $0 |
| 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 | $510,057 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,340 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $62,025 |
| Payroll taxes | $8,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $4,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,279 |
| Office expenses | $3,077 |
| Information technology | $13,116 |
| Royalties | $0 |
| Occupancy | $49,501 |
| Travel | $794 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,776 |
| Insurance | $6,678 |
| All other expenses | $2,892 |
| Total functional expenses | $671,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,171 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,844 |
| 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 | $1,020 |
| Net Land, buildings, and equipment | $7,138 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,877 |
| Other assets | $33,353 |
| Total assets | $359,403 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $84 |
| Total liabilities | $84 |
| Net assets without donor restrictions | $359,319 |
| 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 | $359,403 |