TEATRO AVANTE INC

EIN: 592255544 501(c)(3) Arts, Culture & Humanities

MIAMI, FL

Total Revenue
$438,290
Total Expenses
$438,290
Total Assets
N/A
Net Assets
N/A
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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
1979
Legal Domicile
FL
Phone
3054458877
Tax Period
2022-01-01 to 2022-12-31

TEATRO AVANTE INC, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $438K in total revenue in fiscal year 2022. Revenue surged 56% from the prior year, signaling strong growth momentum.

Mission

TO PRESERVE OUR HISPANIC CULTURAL HERITAGE THROUGH THE PRODUCTION AND PRESERVATION OF UNIVERSAL THEATRE AND THROUGH A COMPREHENSIVE EDUCATIONAL PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $228,689 Revenue: $24,850

PRODUCTION AND PRESENTATION OF THE ANNUAL INTERNATIONAL HISPANIC THEATRE FESTIVAL FOUR WEEKS LONG PRESENTING PRODUCTIONS FROM LATIN AMERICA EUROPE AND THE UNITED STATES.

Program 2
Expenses: $49,005 Revenue: $5,325

PRODUCTION AND PRESENTATION OF THE ANNUAL INTERNATIONAL HISPANIC THEATRE FESTIVAL FOUR WEEKS LONG PRESENTING PRODUCTIONS FROM LATIN AMERICA EUROPE AND THE UNITED STATES.

Program 3
Expenses: $49,005 Revenue: $5,325

PRODUCTION AND PRESENTATION OF THE ANNUAL INTERNATIONAL HISPANIC THEATRE FESTIVAL FOUR WEEKS LONG PRESENTING PRODUCTIONS FROM LATIN AMERICA EUROPE AND THE UNITED STATES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $402,790
Program Service Revenue $35,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $438,290

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $326,699
Other Expenses $438,290
TOTAL EXPENSES $438,290

Year-over-Year Comparison

2022 2021 Change
Revenue $438,290 $280,908 +0.6%
Expenses $438,290 $280,908 +0.6%
Net Income $0 $0 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIO ERNESTO SANCHEZ PRESIDENT 0.00
Officer
$0 $0 $0
EDNA SCHWAB TREASURER 0.00
Officer
$0 $0 $0
BEATRIZ J RIZK SECRETARY 0.00
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
2024 No data No data No data No data
2022 $438,290 $438,290 No data No data
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