CUBAN ARTISTS FUND INC C/O BEN RODRIQUEZ-CUBENAS

EIN: 134005473 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$159,530
Total Expenses
$168,572
Total Assets
$10,105
Net Assets
$10,105
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Principal Officer
CARLOS POMARES
Phone
2128124220
Tax Period
2018-01-01 to 2018-12-31

CUBAN ARTISTS FUND INC C/O BEN RODRIQUEZ-CUBENAS, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $160K in total revenue in fiscal year 2018. Revenue surged 128% from the prior year, signaling strong growth momentum.

Mission

THE CUBAN ARTISTS FUND IS COMMMITTED TO SUPPORTING ARTISTS OF CUBAN ANCESTRY AND PROVIING THE PUBLIC WITH PROGRAMS AIMED AT CREATING BROADER APPRECIATION FOR CUBAN ARTS AND ITS GLOBAL IMPACT BOTH HISTORICALLY AND IN TODAY'S SOCIETY. THE CUBAN ARTISTS FUND SUPPORTS ARTISTS BY HELPING TO IDENTIFY RESOURCES AND PEOPLE TO CREATE NETWORKS FOR CUBAN ARTISTS, ARTS AND CULTURE GROUPS, AND CULTURAL EXCHANGES. THE ORGANIZATION HAS A PARTICULAR FOCUS ON PRSENTING AND NURTURING ARTISTIC WORK BY CUBAN ARTISTS IN NEW YORK CITY.

Program Service Accomplishments

Program 1
Expenses: $132,828

THE SUCCESS OF THIS YEAR IS HIGHLIGHTED BY SEVERAL EVENTS:-ARTISTS IN RESIDENCEFOR MANY CUBAN ARTISTS, THE MOST VALUABLE OF CAF'S OPPORTUNITIES IS THE RESIDENCY PROGRAM OFFERED AT NO COST. CAF...

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THE SUCCESS OF THIS YEAR IS HIGHLIGHTED BY SEVERAL EVENTS:-ARTISTS IN RESIDENCEFOR MANY CUBAN ARTISTS, THE MOST VALUABLE OF CAF'S OPPORTUNITIES IS THE RESIDENCY PROGRAM OFFERED AT NO COST. CAF INAUGURATED A NEW STUDIO SPACE IN MIDTOWN MANHATTAN IN 2017 AND OFTEN MATCHES OUR PRODUCTION STUDIO IN CONJUNCTION WITH RESIDENCY PROGRAMS OFFERING A PROGRAMMATIC DIRECTION AS EXEMPLIFIED WITH OUR PARTNERSHIP WITH RESIDENCY UNLIMITED. -PARTNERSHIP WITH RESIDENCY UNLIMITEDNOW IN OUR THIRD YEAR OF COLLABORATION, CAF AND RESIDENCY UNLIMITED (RU) SUPPORTS THE CREATION, PRESENTATION, AND DISSEMINATION OF CONTEMPORARY ART THROUGH THIS UNIQUE RESIDENCY PROGRAM AND PUBLIC PROGRAMS. THE RESIDENCY DIFFERS FROM OUR TRADITIONAL STUDIO SPACE RESIDENCY AS IT IS FOCUSED ON NETWORK SUPPORT, PROJECT/PRODUCTION ASSISTANCE, AND PUBLIC EXPOSURE. THIS INCLUDES WEEKLY MEETINGS WITH ART PROFESSIONALS ALIGNING ARTISTIC AND CURATORIAL INTERESTS, REGULAR PROJECT SUPPORT WITH RU STAFF, AND A PUBLIC PROGRAM OPPORTUNITY AT RU'S BROOKLYN LOCATION OR PARTNERING VENUES THROUGHOUT NEW YORK. WE WORK TOGETHER TO DEVELOP A TAILORED RESIDENCY EXPERIENCES THAT MAXIMIZE THE POTENTIAL OF RESIDENTS' STAY IN NEW YORK. RESIDENTS BENEFIT FROM THE CREATIVE AND LOGISTICAL SUPPORT OF OUR DEDICATED STAFF, CUSTOMIZED WEEKLY STUDIO VISITS WITH ARTS PROFESSIONALS, AND RU MONTHLY COMMUNITY AND PUBLIC PROGRAMING. -SPECIAL EVENTS:HAVANA LIVING TODAY, FEBRUARY, 2018CAF SPONSORED HERMES MALLEA'S THIRD BOOK PRESENTATION, HAVANA LIVING TODAY, WHICH FEATURES BOTH STYLISH HOMES THAT SURVIVED THE CUBAN REVOLUTION AS WELL AS INNOVATIVE HAVANA INTERIORS CREATED IN RECENT YEARS AMID THE BEGINNING OF A NEW ERA AND LIFESTYLE. THE EVENT WAS HOSTED BY THE ARCHITECTURAL FIRM, MERIDIAN DESIGN. HERMES MALLEA, WHO LIVES IN NEW YORK CITY, RECEIVED A BACHELOR OF ARCHITECTURE DEGREE FROM THE UNIVERSITY OF MIAMI, ATTENDED THE MASTERS PROGRAM IN HISTORIC PRESERVATION AT COLUMBIA UNIVERSITY, AND IS A LICENSED ARCHITECT IN THE STATE OF NEW YORK AND A MEMBER OF THE AIA. HE HAS PRESENTED PAPERS ON THE DESIGN LINKS BETWEEN PARIS AND HAVANA, HISTORIC PHOTOGRAPHS OF CUBAN DOMESTIC INTERIORS, AND HAVANA LIFESTYLES STORIES CHRONICLING THE INDIVIDUALISM AND SELF-EXPRESSION THAT HAS BEEN ACCOMPLISHED IN CUBA IN SPITE OF THE ISLAND'S SEVERE CONSTRAINTS OVER THE LAST FIFTY-SEVEN YEARS20TH ANNIVERSARY RECEPTION & STUDIO TOUR, NOVEMBER 8, 2018THE CUBAN ARTISTS FUND'S 20TH ANNIVERSARY CELEBRATION TOOK PLACE ON NOVEMBER 8, 2018 WITH A VISIT TO THE STUDIO OF ARTISTS JOSE AND REY PARLA. THIS CELEBRATION OF CUBAN ARTS FEATURED A PRESENTATION OF THE PARLA BROTHERS ART PROJECTS AND LIVE MUSICAL PERFORMANCE BY THE CHICO PONS BAND.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $159,530
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $159,530

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,962
Fundraising Expenses $4,524
Program Expenses $132,828
Other Expenses $113,610
TOTAL EXPENSES $168,572

Year-over-Year Comparison

2018 2017 Change
Revenue $159,530 $69,818 +1.3%
Expenses $168,572 $181,867 -0.1%
Net Income $-9,042 $-112,049 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$50,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN RODRIGUEZ-CUBENAS CHAIR / ACTING DIRECTOR 1.00
Officer Director
$0 $0 $0
GABRIEL ALONSO - MENDOZA DIRECTOR 1.00
Director
$0 $0 $0
ABDO NF BALLESTER DIRECTOR 1.00
Director
$0 $0 $0
MARIA RITA CASO DIRECTOR 1.00
Director
$0 $0 $0
MYRIAM CASTILLO DIRECTOR 1.00
Director
$0 $0 $0
LOURDES LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
MARIA LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH LORENZO DIRECTOR 1.00
Director
$0 $0 $0
PONCHITTA PIERCE DIRECTOR 1.00
Director
$0 $0 $0
JUAN ALEJANDRO RAMOS DIRECTOR 1.00
Director
$0 $0 $0
RAFAEL RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE WEKSELBAUM DIRECTOR 1.00
Director
$0 $0 $0
CARLOS POMARES EXECUTIVE DIRECTOR 20.00
Officer
$50,000 $0 $50,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $159,530 $168,572 $10,105 $-9,042
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