Xavier Cortada Foundation Inc is located in Palmetto Bay, FL. 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. Xavier Cortada 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 12/2022, Xavier Cortada Foundation Inc generated $13.1k in total revenue. All expenses for the organization totaled $6.2k during the year ending 12/2022. While expenses have increased by 373.2% per year over the past 2 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE THE ART AND LIFE WORK OF ARTIST XAVIER CORTADA IN ORDER TO EDUCATE AND ENGAGE THE PUBLIC IN LEARNING ABOUT AND ADDRESSING COMMUNITY, EDUCATIONAL, ENVIRONMENTAL, SCIENTIFIC, LEGAL, HEALTH, AND SOCIAL CONCERNS TO BUILD A MORE JUST, LOVING, AND BEAUTIFUL WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Xavier Cortada Chairman | 8 | $0 | |
Juan Carlos Espinosa Vice Chairma | 5 | $0 | |
Lydia Martin Secretary | 0.25 | $0 | |
Anthony Bailey Treasurer | 0.25 | $0 | |
Frank Jimenez Director | 0.25 | $0 | |
Jorge Mursuli Director | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $13,073 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $13,073 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $6,159 |
Total operating and administrative expenses | $6,159 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $6,159 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,734 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $12,734 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $5,820 |
Total liabilities | $5,820 |