CUBAN CLASSICAL BALLET OF MIAMI INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

ERIBERTO JIMENEZ

Phone

7862780474

Tax Period

2023-01-01 to 2023-12-31

CUBAN CLASSICAL BALLET OF MIAMI INC, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $436K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

BALLET COMPANY PERFORMANCES OF THE BEST CLASSICAL REPERTOIRE.

Program Service Accomplishments

Program 1

Expenses: $59,991 Revenue: $59,991

Cuban Classical Ballet of Miami we imparted ballet classes on our ballet school. We also sold theater tickets to the public for ballet performances on different theaters.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $379,137

Program Service Revenue $57,024

Investment Income $0

Other Revenue $0

TOTAL REVENUE $436,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,991

Other Expenses $453,440

TOTAL EXPENSES $453,440

Year-over-Year Comparison

	2023	2022	Change
Revenue	$436,161	$399,740	+0.1%
Expenses	$453,440	$339,915	+0.3%
Net Income	$-17,279	$59,825	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIBERTO JIMENEZ	PRESIDENT	N/A	Officer	$0	$0	$0

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
2023	$436,161	$453,440	$124,135	$-17,279
2022	$399,740	$339,915	$106,082	$59,825
2021	$332,783	$288,019	$149,992	$44,764
2020	$296,922	$264,827	$182,574	$32,095