Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Feb 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
What each dollar paid for.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
1 person listed on the 990.
Eriberto Jimenez’s $8K as President is at the 6th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes ballet and general dance through performances and cultural development.
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The Organization runs the operations of the Miami Hispanic Cultural Arts Center and produces annually the International Ballet Festival of Miami, bringing to Miami over 20 professional ballet and contemporary companies to perform at several venues throughout Broward and Miami Dade counties.
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By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $115K | $139K |
| Land, buildings, equipmentLn 10c | $1.8M | $1.8M |
| Total assetsLn 16 | $1.9M | $1.9M |
| LiabilitiesLn 26 | $8K | $8K |
| Net assetsLn 32 | $1.9M | $1.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $118K | $118K | ||
| Other fees for servicesLn 11g | $369 | $369 | ||
| Advertising and promotionLn 12 | $55K | $55K | ||
| Office expensesLn 13 | $111 | $111 | ||
| OccupancyLn 16 | $62K | $62K | ||
| TravelLn 17 | $37K | $37K | ||
| InsuranceLn 23 | $4K | $4K | ||
| Other expenses (24a–d)Ln 24 | $258K | $258K | ||
| All other expensesLn 24e | $23K | $23K | ||
| Total functional expensesLn 25 | $557K | $0 | $557K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2022 Latest Viewing | $488K | $557K | −$69K | $1.9M | 990 PDF |
| FY2021 | $386K | $424K | −$38K | $1.9M | 990 PDF |
| FY2020 | $518K | $385K | $133K | $1.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $488,429 across 5 lines filed
Part IX · Statement of functional expenses $557,104 across 9 lines filed
Part X · Balance sheet $1,902,186 assets, 7 lines filed
Part XI · Reconciliation of net assets $1,893,729 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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