Pedro Cuban Pete Aguilar And Barbara Craddock Endowment Inc
- Assets
- $913.3k
- Revenue
- $115.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Myers, FL
- Founding
- 11/2019
- Data as of
- 06/2022
- EIN
- 84-3583084
Organization Overview
Pedro Cuban Pete Aguilar And Barbara Craddock Endowment Inc is located in Fort Myers, FL. The organization was established in 2019. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Pedro Cuban Pete Aguilar And Barbara Craddock Endowment 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 06/2022, Pedro Cuban Pete Aguilar And Barbara Craddock Endowment Inc generated $115.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (53.3%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING VISUAL AND PERFORMING ARTS, ARTS EDUCATION AND PERFORMANCE IN THE AREA OF LATIN DANCE, WITH EMPHASIS ON (BUT NOT LIMITED TO) A STYLE OF DANCE ORIGINATED IN NEW YORK WHICH IS COMMONLY REFERRED TO AS MAMBO EN CLAVE IN THE STYLE OF PALLADIUM BALLROOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PERFORM THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF THE SOUTHWEST FLORIDA COMMUNITY FOUNDATION BY SUPPORTING VISUAL AND PERFORMING ARTS, ARTS EDUCATION AND PERFORMANCE IN THE AREA OF LATIN DANCE, WITH EMPHASIS ON (BUT NOT LIMITED TO) A STYLE OF DANCE ORIGINATED IN NEW YORK WHICH IS COMMONLY REFERRED TO AS MAMBO EN CLAVE IN THE STYLE OF THE PALLADIUM BALLROOM WHICH WAS IMMORTALIZED BY PEDRO ("CUBAN PETE") AGUILAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Owen Chair/presid | OfficerTrustee | 1 | $0 |
Ronald E Penn Secretary | OfficerTrustee | 1 | $0 |
Marina Nassif Treasurer | OfficerTrustee | 2 | $0 |
Kevin Carmichael Director | Trustee | 1 | $0 |
Terry Mazany Director | Trustee | 1 | $0 |
Joseph Stewart Director | Trustee | 1 | $0 |
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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Investment income | $22,634 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $87,729 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,363 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,557 |
| 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 | $30,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $62,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,437 |
| 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 | $2,882 |
| Investments—publicly traded securities | $893,965 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $913,284 |
| 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 | $0 |
| Net assets with donor restrictions | $913,284 |
| 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 | $913,284 |
Endowment Analysis
| Beg. Balance | $1,129,344 |
| Earnings | -$161,385 |
| Admin Expense | $30,000 |
| Net Contributions | $5,000 |
| Grants | $32,557 |
| Ending Balance | $910,402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gwinnett Championship Foundation Inc Duluth, GA | $476,337 | $4,123,025 |
Digital Convergence Alliance Inc Tampa, FL | $2,233,099 | $3,394,790 |
Cobb Community Foundation Inc Atlanta, GA | $18,425,025 | $3,579,591 |
Creative City Collaborative Of Delray Beach Inc Delray Beach, FL | $1,041,652 | $1,722,998 |
School Of The Arts Foundation Inc West Palm Beach, FL | $10,434,549 | $1,851,470 |
Art Culture And Entertainment Inc Pensacola, FL | $146,996 | $1,084,283 |
I Love Music Tour Inc Jacksonville, FL | -$30,381 | $604,942 |
Nasyonbonsamariten Hollywood, FL | $12,299 | $594,257 |
Grsp Foundation Savannah, GA | $15,605,177 | $1,060,324 |
Thomas Dubois Hormel Foundation Inc Fort Lauderdale, FL | $7,512,533 | $223,029 |
Friends With Benefits Fund Augusta, GA | $3,687 | $377,157 |
Symphony Of The Americas Inc Fort Lauderdale, FL | $469,664 | $517,305 |