Center For Cuban Studies Inc
- Assets
- $446.9k
- Revenue
- $219.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Brooklyn, NY
- Founding
- 01/1971
- Data as of
- 12/2020
- EIN
- 23-7092461
Organization Overview
Center For Cuban Studies Inc is located in Brooklyn, NY. The organization was established in 1971. According to its NTEE Classification (V33) the organization is classified as: Ethnic Studies, under the broad grouping of Social Science and related organizations. As of 12/2020, Center For Cuban Studies Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Cuban Studies 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 12/2020, Center For Cuban Studies Inc generated $219.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $225.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE CENTER FOR CUBAN STUDIES IS A NON-PROFIT,EDUCATIONAL AND CULTURAL EXCHANGE INSTITUTION. FOUNDED IN 1972, IT IS DEDICATED TO PROVIDING INFORMATION ABOUT CONTEMPORARY CUBA AND CONTRIBUTING TO A NORMALIZATION OF RELATIONS BETWEEN CUBA AND THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS, CONFERENCES, CULTURAL, LANGUAGE AND ART PROGRAMS.
SEMINARS, CONFERENCES, CULTURAL, LANGUAGE AND ART PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Levinson Exec. Dir/secre | OfficerTrustee | 40 | $20,975 |
Marvin Stender President | OfficerTrustee | 2 | $0 |
Secundino Fernandez Board Member | OfficerTrustee | 1 | $0 |
Bob Schwartz Treasurer | OfficerTrustee | 1 | $0 |
Merri Ansara Board Member | Trustee | 1 | $0 |
Herman Milligan Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,090 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,454 |
| Noncash contributions included in lines 1a–1f | $19,125 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,544 |
| Total Program Service Revenue | $14,820 |
| Investment income | $22 |
| 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 | $27,925 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,311 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,975 |
| Compensation of current officers, directors, key employees. | $4,194 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,247 |
| Payroll taxes | $6,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,201 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,828 |
| Travel | $2,127 |
| 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 | $2,862 |
| Insurance | $10,184 |
| All other expenses | $13,516 |
| Total functional expenses | $225,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,909 |
| Savings and temporary cash investments | $813 |
| 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 | $385,101 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,026 |
| Investments—publicly traded securities | $1,173 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,925 |
| Total assets | $446,947 |
| Accounts payable and accrued expenses | $7,972 |
| 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 | $88,549 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,521 |
| Net assets without donor restrictions | $350,426 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $446,947 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Center For Cuban Studies Inc has recieved totaling $114,599.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $74,407 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $39,100 |
Quitiplas Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Jamf Nation Global Foundation Minneapolis, MN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association For Slavic East European And Eurasian Studies Inc Pittsburgh, PA | $4,551,892 | $948,464 |
James P Geiss And Margaret Y Hsu Foundation Inc Princeton, NJ | $5,642,806 | $1,635,355 |
Center For Cuban Studies Inc Brooklyn, NY | $446,947 | $219,311 |
Tf Chen Cultural Center Inc New York, NY | $5,003,420 | $31,798 |
Assyrian American Association Of Massachusetts Inc North Grafton, MA | $203,640 | $0 |
Kollel Ahavas Torah Lawrence, NY | $32,456 | $0 |