Cannonball Miami Inc
- Assets
- $96.9k
- Revenue
- $115.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Miami, FL
- Founding
- Data as of
- 08/2017
- EIN
- 20-0286351
Organization Overview
Cannonball Miami Inc is located in Miami, FL. As of 08/2017, Cannonball Miami Inc employed 2 individuals. Cannonball Miami 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 08/2017, Cannonball Miami Inc generated $115.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.2%) each year. All expenses for the organization totaled $187.3k during the year ending 08/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
CANNONBALL IS A NON-PROFIT, ARTS ORGANIZATION DEDICATED TO SUPPORTING ARTISTS, INNOVATIVE FORMS OF CULTURAL PRODUCTION, AND EDUCATION TO ADVANCE CRITICAL DISCOURSE AND UNDERSTANDING OF CONTEMPORARY ART PRACTICE. BASED IN DOWNTOWN MIAMI, FLORIDA, CANNONBALL'S ARTIST-CENTRIC VALUES ARE MIRRORED IN ITS EXPERIMENTAL PROGRAMS, RESOURCES, AND OPPORTUNITIES THAT RESPOND TO THE NEEDS OF TODAY'S ARTISTS AND REFLECT OUR EFFORTS TO BETTER UNDERSTAND THE NUANCES AND TEXTURES OF SOUTH FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGALLINK ASSISTS ARTISTS WITH ALL TYPES OF LEGAL ISSUES, NOT JUST THOSE RELATED TO THEIR ART. THESE AREAS INCLUDE ESTATE PLANNING, FAMILY LAW, IMMIGRATION, CONTRACTS, BUSINESS LAW, REAL ESTATE, TAXES, COPYRIGHT, TRADEMARK, AND MORE. FOR MANY ARTISTS, LEGALLINK HAS BEEN A VITAL RESOURCE IN THEIR ATTEMPTS TO PROTECT THEIR WORK AND EMPOWER THEIR CAREERS
VARIOUS MISCELLANEOUS ACTIVITIES
WAVEMAKER GRANTS PROVIDES DIRECT SUPPORT FOR ARTIST-CENTRIC, ARTIST-DRIVEN PROJECTS THAT HAVE A PROFOUND IMPACT ON THE CRITICAL, INTELLECTUAL, AND CREATIVE DEPTH OF MIAMI'S ARTS COMMUNITY. THESE PROJECTS ARE NON-COMMERCIAL, NON-INSTITUTIONAL, STIMULATE CRITICAL THINKING AND DIALOGUE, AND EXPOSE AUDIENCES TO INNOVATIVE ARTISTIC PRACTICES TYPICALLY UNDER-RECOGNIZED BY TRADITIONAL VENUES. THE VERY NATURE OF THESE PROJECTS-UNPREDICTABLE, COURAGEOUS, AND UNENCUMBERED BY CONVENTION-SPRING FROM A CULTURAL LANDSCAPE THAT IS ENDLESSLY DIVERSE, NUANCED, AND EQUALLY DEFINED BY WHAT IS WITHIN AND BEYOND ITS WATERY BORDERS.
RESEARCH.ART.DIALOGUE (R.A.D) IS AN ALTERNATIVE SCHOOL OPEN TO EVERYONE. IT DRAWS FROM A LONG TRADITION OF INFORMAL BUT RIGOROUS PEDAGOGICAL INITIATIVES. A NON-DEGREE GRANTING PROGRAM, IT OFFERS A NUMBER OF COURSES AND SEMINARS BY A DISTINGUISHED FACULTY OF PRACTITIONERS IN THE CULTURAL FIELDS AND THE SOCIAL SCIENCES. IT IS DRIVEN BY AN EFFORT TO DEVELOP A BROAD KNOWLEDGE BASE FOR PARTICIPANTS INTERESTED IN WORKING OUTSIDE TRADITIONAL DISCIPLINARY BOUNDARIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Arsham Chairman | Trustee | 2 | $0 |
Brian Heller ESQ Vice-Chariman | Trustee | 2 | $0 |
Asha Elias Director | Trustee | 2 | $0 |
Carolina Garcia Jayaram Director | Trustee | 2 | $0 |
Kathryn Mikesell Director | Trustee | 2 | $0 |
Madeleine Conway Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,530 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $112,563 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,093 |
| Total Program Service Revenue | $0 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $47,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $17,307 |
| Compensation of current officers, directors, key employees. | $13,846 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $436 |
| Payroll taxes | $1,881 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,182 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,850 |
| Advertising and promotion | $1,513 |
| Office expenses | $343 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,453 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | -$4,356 |
| All other expenses | $440 |
| Total functional expenses | $187,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,856 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,856 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $96,856 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $96,856 |
Grants Awarded
Over the last fiscal year, Cannonball Miami Inc has awarded $18,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE MIAMI FOUNDATION INC PURPOSE: GENERAL SUPPORT. | $9,000 |
ALYANS ATIZAY AYISYEN INC PURPOSE: GENERAL SUPPORT. | $9,000 |