Cuban Cultural Heritage Corp

Analysis

Cuban Cultural Heritage Corp is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cuban Cultural Heritage Corp reported income of $76k and spending of $74k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $77k to $76k (-1.5%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cuban Cultural Heritage Corp sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Women Artists of the West ($76k), Shine House ($76k) and Talented and Gifted Association Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.