Guataca Nights Foundation Inc
- Assets
- $49.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 11/2017
- Data as of
- 12/2021
- EIN
- 82-1878681
Organization Overview
Guataca Nights Foundation Inc is located in Miami, FL. The organization was established in 2017. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Guataca Nights 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 12/2021, Guataca Nights Foundation Inc generated $122.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $100.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 4 years. 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
2021
Describe the Organization's Program Activity:
Part 3
FORM 990-EZ, PART III, LINE 28 - FIRST ACCOMPLISHMENT THE CHARITABLE PURPOSES INCLUDE, LESSENING OF NEIGHBORHOOD TENSIONS AND ELIMINATION OF PREJUDICE AND DISCRIMINATION BY BEING A VEHICLE FOR MUSIC ARTISTS THAT ARE FROM OTHER CULTURES TO COME THE UNITED STATES OR OTHER COUNTRIES TO PERFORM AND BRING DIFFERENT CULTURES AND ETHNICITIES TOGETHER.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,299 |
| Total Program Service Revenue | $43,786 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $96,191 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,137 |
| Total expenses | $100,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,070 |
| Other assets | $0 |
| Total assets | $49,159 |
| Total liabilities | $39,900 |
| Net assets or fund balances | $9,259 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Dunedin Fine Arts Cultural Center Inc Dunedin, FL | $9,442,187 | $2,311,828 |
Ocean Reef Cultural Center Inc Key Largo, FL | $38,541,149 | $2,233,554 |
Pensacola Retirement Village Inc Orlando, FL | $4,149,191 | $1,797,373 |
Iris & B Gerald Cantor Foundation Palm Beach, FL | $24,280,811 | $1,163,888 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |