Nonprofit · EIN 59-2255544
TEATRO AVANTE INC
Tax-exempt (reinstated) · MIAMI, FL 33155
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $530,187 | $526,501 | $3,686 | $44,678 | $5,940 | $38,738 |
| December 31, 2022 | 990 | $438,290 | $438,290 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $530,187
- of which government grants
- $320,473
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $56,059
- Salaries, compensation and benefits (total)
- $56,059
- Professional fundraising fees
- $0
- Occupancy
- $88,771
- Program services (functional)
- $401,417
- Management and general (functional)
- $125,084
Balance sheet and other
- Total assets, start of year
- $40,993
- Total assets, end of year
- $44,678
- Total liabilities, end of year
- $5,940
- Net assets, end of year
- $38,738
- Gross receipts
- $530,187
- Employees
- 0
- Year formed
- 1979
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERONICA SANCHEZ | PRESIDENT Officer | 0 | $0 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIO ERNESTO SANCHEZ | PRESIDENT Officer | 0 | $0 |
| EDNA SCHWAB | TREASURER Officer | 0 | $0 |
| BEATRIZ J RIZK | SECRETARY Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6331 SW 25TH ST, MIAMI, FL 33155-3054
- In care of
- % VERONICA SANCHEZ
- Principal officer (990 for 2024)
- VERONICA SANCHEZ, 6331 SW 25TH ST, MIAMI, FL 33155
- Signed the 990
- VERONICA SANCHEZ, PRESIDENT
- Phone
- (305) 321-8376
- Return prepared by
- RELIABLE CPA GROUP
Mission
A NONPROFIT THEATER TAX-EXEMPT CULTURAL ORGANIZATION WHOSE PRIMARY MISSION IS THE PRESERVATION OF HISPANIC CULTURAL HERITAGE
Program accomplishments
- PRODUCTION AND PRESENTATION OF THE ANNUAL INTERNATIONAL HISPANIC THEATRE FESTIVAL, PRESENTING PERFORMANCES FROM LATIN AMERICAN AND U.S. THEATER COMPANIES. PROVIDED CULTURAL ENRICHMENT AND EDUCATIONAL OUTREACH TO THE MIAMI COMMUNITY.Expenses $401,417
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 59-2255544
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A65)
- Assets (IRS master file)
- $44,678
- Income (IRS master file)
- $530,187
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- August 8, 2022
- Reinstated
- Effective May 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $530,187 | $526,501 | $44,678 | IRS |
| 990 | December 2022 | $438,290 | $438,290 | $0 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2255544).
Questions about TEATRO AVANTE INC
- What is the EIN of TEATRO AVANTE INC?
- The employer identification number (EIN) of TEATRO AVANTE INC is 59-2255544.
- Is TEATRO AVANTE INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to TEATRO AVANTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TEATRO AVANTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TEATRO AVANTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEATRO AVANTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of TEATRO AVANTE INC?
- The 990 for the year ended December 31, 2024 names VERONICA SANCHEZ.
- Who are the officers and directors of TEATRO AVANTE INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does TEATRO AVANTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $530,187, expenses of $526,501 and total assets of $44,678 at year end.
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