Cafa Third Horizon Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THIRD HORIZON IS DEDICATED TO DEVELOPING, PRODUCING, EXHIBITING AND DISTRIBUTING FILM AND OTHER ART FORMS THAT GIVE VOICE TO STORIES OF THE CARIBBEAN, ITS DIASPORA AND OTHER MARGINALIZED AND UNDERREPRESENTED SPACES IN THE GLOBAL SOUTH.
- Income
- $708,329
- Spending
- $670,526
- Spent on programs
- 63%
- Reserves
- 1.1 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 0
- Volunteers
- 41
- Highest pay
- $74,498, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 38% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.1 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
15 of 15Income rose 18% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 89% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 255 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $423,302 spent. 1) PRODUCTION: THIRD HORIZON SUCCESSFULLY LAUNCHED THE SECOND CYCLE OF ITS PRODUCTION PROJECT SUPPORT INITIATIVE. THE PROGRAM SELECTED THREE (3) FELLOWSMIAMI-BASED CARIBBEAN FILMMAKERSEACH AWARDED AN $11,000 GRANT TO SUPPORT THE DEVELOPMENT OF ORIGINAL SHORT FILMS. IN 2024, $2,000 WAS DISBURSED TO EACH FILMMAKER, WITH THE REMAINING BALANCE SCHEDULED FOR RELEASE IN FISCAL YEAR 2025 2)DISTRIBUTION:THROUGH OUR VIDEO-ON-DEMAND PLATFORM AND EDUCATIONAL LICENSING INITIATIVES, THIRD HORIZON DISTRIBUTION SUPPORTED OVER 100 FILMMAKERS IN 2024. THE ORGANIZATION RECEIVED A $90,000 PROGRAM GRANT TO REVAMP THE ONLINE PLATFORM AND EXPAND ITS REACH AND FUNCTIONALITY. WHILE NO NEW TITLES WERE ADDED DUE TO THE UPGRADE PROCESS, THIRD HORIZON SECURED THIRD-PARTY LICENSING SALES TOTALING APPROXIMATELY $4,800 DURING THE YEAR. 3)EXHIBITION:IN MAY 2024, THIRD HORIZON HOSTED ITS FOUR-DAY ANNUAL FILM FESTIVAL IN MIAMI. THE FESTIVAL FEATURED 39 FILMS BY 37 FILMMAKERS ACROSS TWO VENUES AND WELCOMED APPROXIMATELY 2,190 IN-PERSON ATTENDEES. THE VIRTUAL COMPONENT RAN FOR SEVEN DAYS AND RECORDED 183 TOTAL VIEWS. IN ADDITION TO THE ANNUAL FESTIVAL, THIRD HORIZON ORGANIZED MULTIPLE SCREENINGS IN MIAMI AND NEW YORK, SHOWCASING 19 FILMS BY 20 PRINCIPAL ARTISTS TO A COMBINED AUDIENCE OF OVER 1,100 ATTENDEES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.