Guataca Nights Foundation Inc is located in Miami, FL. The organization was established in 2017. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Guataca Nights Foundation 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 12/2023, Guataca Nights Foundation Inc generated $51.9k 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 (19.7%) each year. All expenses for the organization totaled $50.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FORM 990-EZ, PART III, LINE 28 - FIRST ACCOMPLISHMENT THE CHARITABLE PURPOSES INCLUDE, LESSENING OF NEIGHBORHOOD TENSIONS AND ELIMINATION OF PREJUDICE AND DISCRIMINATION BY BEING A VEHICLE FOR MUSIC ARTISTS THAT ARE FROM OTHER CULTURES TO COME THE UNITED STATES OR OTHER COUNTRIES TO PERFORM AND BRING DIFFERENT CULTURES AND ETHNICITIES TOGETHER.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $51,065 |
Total Program Service Revenue | $831 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $51,896 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $50,312 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $50,312 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,266 |
Other assets | $0 |
Total assets | $8,121 |
Total liabilities | $39,085 |
Net assets or fund balances | -$30,964 |