BELLAS ARTES DE CAGUAS CORP Charity Report

Public IRS 990 nonprofit record

BELLAS ARTES DE CAGUAS CORP

EIN 66-0637108 · Performing Arts Centers (A61)

What they do

Promote The Participation and Collaboration of Educational Institutions, Private Entities and Government Entities In Order to Obtain The Most Extensive and Effective Cultural and Tourist Development of The Mid-eastern Region of Puerto Rico; to Carry Out, Promote and Collaborate With All Acts and Activities That Exalt The Values and Artistic Components of The Puerto Rican Culture; and to Develop An Artistic Expression That Identifies The Municipality of Caguas and Improves The Quality of Life of Its Citizens and All of Puerto Rico.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.56%of revenue went to mission work73.1% of expenses · Program services

14.35%of revenue went to fundraising13.9% of expenses

$103.37spent for every $100 of revenueSpending was higher than revenue this year.

13.47%of revenue went to management and office costs13.0% of expenses

$1.00in assets for every $1 spent this yearSome assets cannot be spent right away.

16.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $72,090 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $126,800 for IVONNE CLASS (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,136,835

Mission workProgram services$1,614,57075.56% of revenue73.1% of expenses

ManagementOffice and general costs$287,78013.47% of revenue13.0% of expenses

FundraisingAsking for donations$306,57514.35% of revenue13.9% of expenses

Total expenses$2,208,925103.37% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.1% mission · 13.0% management · 13.9% fundraisingTotal expenses: 103.37% of revenue

2023Expense mix: 78.5% mission · 21.5% management · 0.0% fundraisingTotal expenses: 99.31% of revenue

2022Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 95.50% of revenue

2021Expense mix: 67.7% mission · 32.3% management · 0.0% fundraisingTotal expenses: 69.32% of revenue

2020Expense mix: 60.4% mission · 39.6% management · 0.0% fundraisingTotal expenses: 229.80% of revenue

Money in and money out

Revenue$2,136,835

Expenses$2,208,925

Annual shortfall $72,090 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,614,570 · 73.1% of expenses

Management and office costs$287,780 · 13.0% of expenses

Fundraising$306,575 · 13.9% of expenses

See all reported dollar amounts

Revenue$2,136,835

Expenses$2,208,925

Assets$2,199,353

Income$2,136,835

Contributions$360,520

Mission work (program services)$1,614,570

Fundraising$306,575

Management and general$287,780

Accounting fees$13,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

IVONNE CLASSEXECUTIVE DIRECTOR · 40 hrs/week $126,800

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

IVONNE CLASSEXECUTIVE DIRECTOR

ANGIE FRIASDIRECTOR

CARLOS BONILLATREASURER

CARMEN MUNOZDIRECTOR

ISAAC ESQUILINDIRECTOR

JOSE RAMOSDIRECTOR

LINDA HERNANDEZDIRECTOR

LYDIA RIVERA DENIZARDVICE-PRESIDENT

RAUL RODRIGUEZDIRECTOR

WILLIAM MIRANDA TORRESPRESIDENT

ZABDIEL HERNANDEZDIRECTOR

ZOILA LEVISSECRETARY

About this charity

Recognized since: January 2021
Location: URB BAIROA CALLE STA MARIA M-4 322, CAGUAS, PR 00725-0000
In care of: % WILLIAM MIRANDA MARIN
Primary officer: IVONNE CLASS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(787) 653-5323

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE PR PSC
NTEE classification: Performing Arts Centers (A61)
IRS tax category: Performing Arts Centers