Cubacaribe
- Assets
- $380.9k
- Revenue
- $379.5k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-2860171
Organization Overview
Cubacaribe is located in San Francisco, CA. The organization was established in 2015. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cubacaribe 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 12/2022, Cubacaribe generated $379.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $271.2k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVE AND PROMOTE CARIBBEAN CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CUBACARIBE FESTIVAL OF DANCE AND MUSIC IS THE CENTER OF THE ORGANIZATION'S PROGRAMMING ANDCRUCIAL TO ITS MISSION. HELD ANNUALLY OVER TWO TO THREE WEEKS EACH SPRING, IT IS THE ONLY FESTIVAL IN THEBAY AREA DEVOTED TO FOLKLORIC AND CONTEMPORARY DANCE AND MUSIC OF THE AFRO-CARIBBEAN AND ITSDIASPORA.
THE RESIDENT DANCE COMPANY OF CUBACARIBE FEATURES RAMOS' INNOVATIVE FUSION OF AFRO-CUBAN MODERN, FOLKLORIC AND POPULAR CUBAN DANCE. ALAYO HAS CHOREOGRAPHED THIRTEENEVENING-LENGTH WORKS FOR HIS COMPANY THAT FUSE MODERN, AFRO-CUBAN FOLKLORIC, AND POPULARDANCE AND THAT DEAL WITH SOCIAL AND PERSONAL ISSUES, SUCH AS SLAVERY, POLLUTION,IMMIGRATION, CANCER, AND RACISM FROM AN AFRO-CUBAN PERSPECTIVE LOCAL ONGOING DANCECLASSES TAKE PLACE WEEKLY AT A VARIETY OF BAY AREA STUDIOS. BOTH GROUP AND PRIVATE, ADULTAND YOUTH CLASSES ARE OFFERED. THESE ATTRACT LARGE AMOUNTS OF PEOPLE INTERESTED IN LEARNINGEITHER FOLKLORIC, MODERN AND POPULAR CUBAN STYLES.
SAN FRANCISCO CARVAVAL DANCE CONTINGENT IS ALSO AN ANNUAL PROGRAM WHERE ALAYO LEADS AGROUP WITH AFRO-CUBAN COMPARSA AND CONGA MOVEMENTS AND MUSIC IN THE MISSION DISTRICTPARADE.
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 |
|---|---|---|---|
Isaac Kos-Read Communication And Public Affair | Trustee | 0.5 | $0 |
Sarah Crowell Co-Chair | Trustee | 0.5 | $0 |
Natalia Fanta Lawrence City Planner | Trustee | 0.5 | $0 |
Patricia West Secretary | Trustee | 0.5 | $0 |
Ramon Ramos Alayo Board Member And Artistic | OfficerTrustee | 6 | $35,850 |
Jamaica Itule-Simmons President And Executive Di | Officer | 10 | $49,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $353,253 |
| Total Program Service Revenue | $26,222 |
| Investment income | $0 |
| 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 | $379,475 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,970 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $153,410 |
| Advertising and promotion | $7,876 |
| Office expenses | $6,576 |
| Information technology | $135 |
| Royalties | $0 |
| Occupancy | $16,582 |
| Travel | $861 |
| 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 | $1,366 |
| All other expenses | $395 |
| Total functional expenses | $271,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,700 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $109,230 |
| 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 | $380,930 |
| 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 |
| Net assets without donor restrictions | $124,506 |
| Net assets with donor restrictions | $256,424 |
| 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 | $380,930 |