Inffinito Art & Cultural Foundation Inc
- Assets
- $5.4k
- Revenue
- $178.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Miami Beach, FL
- Founding
- 04/2001
- Data as of
- 07/2022
- EIN
- 65-1032606
Organization Overview
Inffinito Art & Cultural Foundation Inc is located in Miami Beach, FL. The organization was established in 2001. 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 07/2022, Inffinito Art & Cultural Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inffinito Art & Cultural Foundation 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 07/2022, Inffinito Art & Cultural Foundation Inc generated $178.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $232.7k during the year ending 07/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE CULTURAL, EDUCATIONAL AND BUSINESS EXCHANGE BETWEEN BRAZIL AND UNITED STATES THROUGH FILM SCREENINGS, WORKSHOPS, PANELS, AND MUSIC AND ARTS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2000 INFFINITO ART & CULTURAL FOUNDATION BEGAN PROVIDING THE DIFFUSION OF CULTURE FOR ALL ETHNIC CLASSES, PRIMARILY THROUGH MUSIC & FILM. EXPANDING AUDIENCES UNIVERSE THROUGH BRAZILIAN CULTURE AND PRODUCING EVENTS THAT PROMOTES INDIVIDUAL AND COLLECTIVE TRANSFORMATION.
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 |
|---|---|---|---|
Claudia Duatra Key Employee | Officer | 40 | $26,705 |
Viviane Spinelli President | Trustee | 40 | $22,355 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,684 |
| Noncash contributions included in lines 1a–1f | $37,160 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,684 |
| Total Program Service Revenue | $0 |
| 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 | $178,684 |
| 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. | $49,060 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,168 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,548 |
| Office expenses | $1,117 |
| Information technology | $1,218 |
| Royalties | $0 |
| Occupancy | $29,242 |
| Travel | $21,272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,454 |
| Interest | $1,497 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,683 |
| Insurance | $3,023 |
| All other expenses | $76,995 |
| Total functional expenses | $232,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,815 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $200 |
| 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 | $692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,700 |
| Total assets | $5,407 |
| Accounts payable and accrued expenses | $10,298 |
| 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 | $0 |
| Total liabilities | $10,298 |
| Net assets without donor restrictions | $0 |
| 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 | -$4,891 |
| Total liabilities and net assets/fund balances | $5,407 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shearim Corp Miami, FL | $110,292 | $3,846,481 |
New Era Culture & Education Center Inc Miramar, FL | $789,322 | $2,032,523 |
Latino Leadership Inc Orlando, FL | $711,924 | $1,637,613 |
Souls Grown Deep Community Partnership Inc Atlanta, GA | $880,696 | $744,221 |
National Black Arts Festival Inc Atlanta, GA | $1,026,989 | $1,260,210 |
Florida Education Association Altamonte Springs, FL | $560,283 | $488,881 |
Georgia Nihongo Gakko Inc Mableton, GA | $743,833 | $554,885 |
Kirby Family Farm Williston, FL | $5,815,422 | $492,608 |
Alliance Francaise Of Atlanta Inc Atlanta, GA | $569,418 | $608,131 |
Friends Of Goethe Inc Atlanta, GA | $351,250 | $557,862 |
Centro Cultural Espanol De Cooperacion Iberoamericana Inc Miami, FL | $443,362 | $551,333 |
Philippine Cultural Foundation Inc Tampa, FL | $1,277,183 | $484,563 |