Centro Cultural Espanol de Cooperacion Iberoamericana Inc

Analysis

Centro Cultural Espanol de Cooperacion Iberoamericana Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in June 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Centro Cultural Espanol de Cooperacion Iberoamericana Inc reported income of $510k and spending of $671k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $704k to $510k (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centro Cultural Espanol de Cooperacion Iberoamericana Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Florida Railway Heritage Museum ($510k), Arts South Dakota ($510k) and Knowledge Ecology International Inc ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $102k. At year end it held assets of $359k against liabilities of $84, net assets of $359k. It reported 2 employees.