CAYO is dedicated to providing educational and performance opportunities for student and pre-professional musicians from the US and Cuba through workshops, arts delegations, and cultural exchanges.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
$42K 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

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$42K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $31K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$19K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 14 voting members
Concern: none of 14 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$238K
+38% vs prior year
Spent
$212K
To programs
65%
Net assets
$58K
By yearFY2020–FY2025
Revenue
$238K
FY2025▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2020$34K
FY2021$84K
FY2022$114K
FY2023$140K
FY2024$172K
FY2025$238K
Net assets
$58K
FY2025▲ +78%
Tap a bar for its year
Net assets by fiscal year
FY2020−$6K
FY2021$41K
FY2022$69K
FY2023$50K
FY2024$32K
FY2025$58K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2016.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $138K Management & general 30% · $64K Fundraising 5% · $11K

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

14 people listed on the 990; $42K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$42,182Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Rena Kraut’s $42K as Executive Dir. is at the 37th 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Rena Kraut$42,182$41,516$41,536$39,072$21,280$14,415

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aNo

Programs and updates

Connects US and Cuban student musicians through workshops and cultural exchanges.

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Provided by the organization

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1 program · $138K · in their own filed words · FY2025
01

Travel to cuba to visit schools and meetings with approximately 75 students and musicians 4 independent Twin cities based musicians recorded music in cuba. 6 teaching artists traveled to Cuba and taught 200 students 13 US and Cuba students assembled in MN for performances with over 200 participants

$138Kprogram 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 · FY2024
Total grants receivedfrom 3 funders$31K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$238K
Ln 12
Gifts and grantsLn 1h$127K
Fees for servicesLn 2g$110K
Investment incomeLn 3$6
Money outPt IX
$212K
Ln 25
Programscol B$138K
Managementcol C$64K
Fundraisingcol D$11K
Owns and owesPt X
$58K
net assets · Ln 32
Cash and savingsLn 1–2$76K
Total assetsLn 16$76K
LiabilitiesLn 26$19K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$127K
Fees for servicesLn 2g$110K
Investment incomeLn 3$6
Gains on assetsLn 7$0
Total revenueLn 12$238K
Assets in detailPt X, end of year
CashLn 1$76K
SavingsLn 2$0
Cash and savings togetherLn 1–2$76K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$76K
LiabilitiesLn 26$19K
Net assetsLn 32$58K
OperationsPt I, VI
EmployeesI 50
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 FY25End FY25
Cash and savingsLn 1–2$43K$76K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$43K$76K
LiabilitiesLn 26$11K$19K
Net assetsLn 32$32K$58K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$42K$42K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$3K$3K$345$517
Management feesLn 11a$0
Legal feesLn 11b$590$590
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$5K$5K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$34K$33K$300
Advertising and promotionLn 12$4K$2K$604$704
Office expensesLn 13$2K$905$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$95K$94K$477$99
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$10K$3K$2K$4K
All other expensesLn 24e$3K$844$2K$318
Total functional expensesLn 25$212K$138K$64K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $238K$212K$25K$58K 990 PDF
FY2024 $172K$32K 990 PDF
FY2023 $140K$50K 990 PDF
FY2022 $114K$69K 990 PDF
FY2021 $84K$41K 990 PDF
FY2020 $34K−$6K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $237,635 revenue, 12 lines filed
I-8 Contributions and grants$127,268
I-9 Program service revenue$110,361
I-10 Investment income$6
I-11 Other revenue$0
I-12 Total revenue$237,635
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$49,613
I-16a Professional fundraising fees$5,046
I-17 Other expenses$157,717
I-18 Total expenses$212,376
I-19 Revenue less expenses$25,259
Part VI · Governance 0 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members0
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 $237,635 across 10 lines filed
VIII-1a Federated campaigns$122,929
VIII-1b Membership dues$3,500
VIII-1h Total contributions, gifts and grants$127,268
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $110,361$110,361
VIII-3 Investment incomeRelated to mission $6$6
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $110,367$237,635
Part IX · Statement of functional expenses $212,376 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $42,182$42,182
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $3,984$3,984
IX-10 Payroll taxesPrograms $2,585 · Management $345 · Fundraising $517$3,447
IX-11a Management fees$0
IX-11b Legal feesManagement $590$590
IX-11c Accounting feesManagement $6,490$6,490
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $5,046$5,046
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $33,216 · Management $300$33,516
IX-12 Advertising and promotionPrograms $2,302 · Management $604 · Fundraising $704$3,610
IX-13 Office expensesPrograms $905 · Management $1,500$2,405
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $94,376 · Management $477 · Fundraising $99$94,952
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $3,429$3,429
IX-24 Other expenses (24a–d)Programs $3,449 · Management $2,361 · Fundraising $3,888$9,698
IX-24e All other expensesPrograms $844 · Management $1,865 · Fundraising $318$3,027
IX-25 Total functional expensesPrograms $137,677 · Management $64,127 · Fundraising $10,572$212,376
Part X · Balance sheet $76,147 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $42,931$75,558
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$589
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $42,931$76,147
X-17 Accounts payable and accrued expensesStart of year $16,639$193
X-19 Deferred revenue$18,403
X-26 Total liabilitiesStart of year $10,639$18,596
X-27 Net assets without donor restrictionsStart of year $12,685$37,944
X-28 Net assets with donor restrictionsStart of year $19,607$19,607
X-32 Total net assets or fund balancesStart of year $32,292$57,551
X-33 Total liabilities and net assetsStart of year $42,931$76,147
Part XI · Reconciliation of net assets $57,551 net assets at year end
XI-1 Total revenue$237,635
XI-2 Total expenses$212,376
XI-3 Revenue less expenses$25,259
XI-4 Net assets at start of year$32,292
XI-10 Net assets at end of year$57,551

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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