Cayo
- Assets
- $72.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Minneapolis, MN
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 81-3196433
Organization Overview
Cayo is located in Minneapolis, MN. The organization was established in 2016. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Cayo 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, Cayo generated $139.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $158.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TRAVEL TO CUBA TO VISIT SCHOOLS AND MEETINGS WITH APPROXIMATELY 75 STUDENTS AND MUSICIANS4 INDEPENDENT TWIN CITIES BASED MUSICIANS RECORDED MUSIC IN CUBA. 6 TEACHING ARTISTS TRAVELED TO CUBA AND TAUGHT 200 STUDENTS13 US AND CUBA STUDENTS ASSEMBLED IN MN FOR PERFORMANCES WITH OVER 200 PARTICIPANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Brown Board Chair | 4 | $0 | |
Cynthia Newport Vice Chair | 4 | $0 | |
Richard Walch Treasurer | 4 | $0 | |
Conor Mcgill Secretary | 4 | $0 | |
Daiana Garcia Board Member | 3 | $0 | |
Ilmar Gavilan Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,937 |
| Total Program Service Revenue | $43,800 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $139,783 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,994 |
| Professional fees and other payments to independent contractors | $18,871 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $93,598 |
| Total expenses | $158,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,904 |
| Other assets | $0 |
| Total assets | $72,502 |
| Total liabilities | $22,627 |
| Net assets or fund balances | $49,875 |