Cuban Museum INC FY2020 filing

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The Cuban Museum was formed in september 1996 as a not-for-profit florida organization whose primary purpose is to own and operate a Museum and all things related thereto as a vehicle to preserve the Cuban cultural heritage in exile which started with the Cuban exodus in 1959 and to interpret past Cuban culture in the context of present exile experience and provide educational and esthetic-related opportunities to the community at large. The organization is a culturally-specific Museum of memory, dedicated to showcasing and documenting the history, culture, and contributions of the Cuban exile community through exhibitions and programming in the arts and the humanities. The Cuban Museum mission is to tell the story of the Cuban diaspora, through the eyes of its greates artist, thinkers, and creators.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$108K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $103K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$991K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$988K
Spent
$792K
To programs
67%
Net assets
$8.1M
By yearFY2020–FY2024
Revenue
$988K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$988K
FY2021$1.1M
FY2022$703K
FY2023$966K
FY2024$933K
Expenses
$792K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$792K
FY2021$1.1M
FY2022$1.0M
FY2023$1.2M
FY2024$1.1M
Net assets
$8.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$8.1M
FY2021$8.1M
FY2022$7.8M
FY2023$7.6M
FY2024$7.4M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $532K Management & general 33% · $259K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation
Museum Director
$107,578Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Carmen Valdivia’s $108K as Museum Director is at the 91st 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.

See Cuban Museum INC executive salaries →

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 15aNo
  • Loans to or from officersSch L · Pt II3 listed

Programs and updates

Preserves and interprets Cuban exile culture through exhibitions and educational programs.

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1 program · $532K · in their own filed words · FY2020
01

To collect and preserve relevant cultural documents, artifacts and art works that help to document and interpret the cultural heritage and legacy of cubans in the diaspora. To interpret cuban culture within the context of the exiles' experience, emphasizing their contributions to the multi-ethnic, multi-national community of south…

$532Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$988K
Ln 12
Gifts and grantsLn 1h$976K
Fees for servicesLn 2g$12K
Money outPt IX
$792K
Ln 25
Programscol B$532K
Managementcol C$259K
Owns and owesPt X
$8.1M
net assets · Ln 32
Total assetsLn 16$9.1M
LiabilitiesLn 26$991K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$976K
Government grantsLn 1e$661K
Noncash giftsLn 1g$4K
Fees for servicesLn 2g$12K
Total revenueLn 12$988K
Assets in detailPt X, end of year
Pledges and grants receivableLn 3$425K
Accounts receivableLn 4$15K
Land, buildings, equipmentLn 10c$8.7M
Total assetsLn 16$9.1M
LiabilitiesLn 26$991K
Net assetsLn 32$8.1M
OperationsPt I, VI
EmployeesI 56
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Land, buildings, equipmentLn 10c$8.7M$8.7M
Total assetsLn 16$9.2M$9.1M
LiabilitiesLn 26$1.3M$991K
Net assetsLn 32$7.9M$8.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$243K$132K$112K
Payroll taxesLn 10$20K$11K$9K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$45K$45K
Other fees for servicesLn 11g$107K$94K$13K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$3K$3K
TravelLn 17$762$648$114
InterestLn 20$13K$13K
Depreciation, depletion and amortizationLn 22$149K$127K$22K
InsuranceLn 23$28K$23K$4K
Other expenses (24a–d)Ln 24$130K$118K$13K
All other expensesLn 24e$43K$22K$21K
Total functional expensesLn 25$792K$532K$259K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $933K$1.1M−$209K$7.4M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $966K$1.2M−$190K$7.6M 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $703K$1.0M−$337K$7.8M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $1.1M$1.1M$23K$8.1M 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $988K$792K$196K$8.1M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $987,779 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $521,744$976,139
I-9 Program service revenuePrior year $76,624$11,640
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $598,368$987,779
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $40,397$263,399
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $648,420$528,411
I-18 Total expensesPrior year $688,817$791,810
I-19 Revenue less expensesPrior year −$90,449$195,969
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $987,779 across 6 lines filed
VIII-1e Government grants$661,224
VIII-1f All other contributions, gifts and grants$314,915
VIII-1g Noncash contributions (included above)$3,655
VIII-1h Total contributions, gifts and grants$976,139
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,640$11,640
VIII-12 Total revenueRelated to mission $11,640 · Unrelated business $0 · Excluded from tax $0$987,779
Part IX · Statement of functional expenses $791,810 across 13 lines filed
IX-7 Other salaries and wagesPrograms $131,516 · Management $111,760$243,276
IX-10 Payroll taxesPrograms $10,866 · Management $9,257$20,123
IX-11b Legal feesManagement $4,000$4,000
IX-11c Accounting feesManagement $44,699$44,699
IX-11g Other fees for servicesPrograms $93,942 · Management $12,838$106,780
IX-12 Advertising and promotionPrograms $6,305$6,305
IX-13 Office expensesManagement $3,179$3,179
IX-17 TravelPrograms $648 · Management $114$762
IX-20 InterestManagement $13,304$13,304
IX-22 Depreciation, depletion and amortizationPrograms $126,545 · Management $22,331$148,876
IX-23 InsurancePrograms $23,450 · Management $4,164$27,614
IX-24 Other expenses (24a–d)Programs $117,506 · Management $12,601$130,107
IX-24e All other expensesPrograms $21,548 · Management $21,237$42,785
IX-25 Total functional expensesPrograms $532,326 · Management $259,484 · Fundraising $0$791,810
Part X · Balance sheet $9,100,250 assets, 13 lines filed
X-3 Pledges and grants receivableStart of year $266,776$424,884
X-4 Accounts receivableStart of year $41,473$14,952
X-10c Land, buildings and equipment, netStart of year $8,717,572$8,660,414
X-16 Total assetsStart of year $9,174,799$9,100,250
X-17 Accounts payable and accrued expensesStart of year $858,254$348,219
X-19 Deferred revenue$10,000
X-22 Loans from officers and insidersStart of year $173,279$149,130
X-23 Secured mortgages and notes payable$100,166
X-25 Other liabilitiesStart of year $230,000$383,500
X-26 Total liabilitiesStart of year $1,261,533$991,015
X-27 Net assets without donor restrictionsStart of year $7,913,266$8,109,235
X-32 Total net assets or fund balancesStart of year $7,913,266$8,109,235
X-33 Total liabilities and net assetsStart of year $9,174,799$9,100,250
Part XI · Reconciliation of net assets $8,109,235 net assets at year end
XI-1 Total revenue$987,779
XI-2 Total expenses$791,810
XI-3 Revenue less expenses$195,969
XI-4 Net assets at start of year$7,913,266
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,109,235

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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