MIAMI HISPANIC BALLET CORP

EIN: 650441197 501(c)(3) Arts, Culture & Humanities

Miami, FL

Total Revenue
$488,429
Total Expenses
$557,104
Total Assets
$1,902,186
Net Assets
$1,893,729
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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
1993
Legal Domicile
FL
Principal Officer
ERIBERTO JIMENEZ
Phone
7862780474
Tax Period
2022-01-01 to 2022-12-31

MIAMI HISPANIC BALLET CORP, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $488K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $557K exceeded revenue, resulting in a 14% operating deficit.

Mission

CULTURAL DEVELOPMENT OF BALLET AND GENERAL DANCE AND PERFORMANCES

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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 $488,429
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $488,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $557,104
TOTAL EXPENSES $557,104

Year-over-Year Comparison

2022 2021 Change
Revenue $488,429 $386,433 +0.3%
Expenses $557,104 $424,354 +0.3%
Net Income $-68,675 $-37,921 +0.8%
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
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
2022 $488,429 $557,104 $1,902,186 $-68,675
2021 $386,433 $424,354 $1,878,287 $-37,921
2020 $517,596 $384,990 $1,909,088 $132,606
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