Puerto Rican Folkloric Dance Inc
- Assets
- $249.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Austin, TX
- Founding
- 08/1998
- Data as of
- 12/2022
- EIN
- 74-2886375
Organization Overview
Puerto Rican Folkloric Dance Inc is located in Austin, TX. The organization was established in 1998. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Puerto Rican Folkloric Dance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Puerto Rican Folkloric Dance Inc generated $157.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $154.3k during the year ending 12/2022. While expenses have increased by 3.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OUR NONPROFIT 501(C)(3) IS TO PROMOTE CULTURAL AWARENESS AND PRIDE THROUGH EDUCATIONAL PROGRAMS, PERFORMANCES AND CULTURAL EVENTS BASED IN PUERTO RICAN FOLKLORE, HISTORY, AND LIVING TRADITIONS -- DANCE, MUSIC, COMMUNITY THEATRE, ANCESTRAL FIGHTING ARTS, AND INDIGENOUS TAINO HERITAGE.
Describe the Organization's Program Activity:
Part 3
PERFORMANCES OF FOLKLORE AND TRADITIONS: YEAR-ROUND CULTURAL EVENTS (~10/YEAR) PRESENTING AUTHENTIC PUERTO RICAN FOLKLORIC PERFORMING ARTS INCLUDING DANCE, MUSIC, COMMUNITY THEATRE, ANNUAL FESTIVAL, AND INDIGENOUS TRADITIONS. PRESENTED BY PROFESSIONALS AND STUDENTS. MOST EVENTS ARE FREE TO PUBLIC. SERVES 200-5000. RECEIVED INKIND $4578 IN SERVICE/USAGE FOR FACILITY RENTAL.
EDUCATION PROGRAMS IN FOLKLORE AND TRADITIONS: 12 ONGOING CLASSES AND SPECIAL WORKSHOPS IN TRADITIONAL DANCE, MUSIC, CULTURE AND INDIGENOUS HERITAGE. PROGRAMS SERVE 50+ STUDENTS/WEEK, AGES PRESCHOOL THROUGH PROFESSIONAL ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Marie Maynard Executive Artistic Director | 40 | $45,000 | |
Jenny Irizarry-Deleza Board President | 1 | $0 | |
Amanda Masino Board Secretary | 1 | $0 | |
Julio Cotto Board Of Directors | 5 | $0 | |
Iris Albizu Advisory Board - Legal | 0 | $0 | |
Joe Alvarado Advisory Board - Accounting | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,874 |
| Total Program Service Revenue | $17,774 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,593 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,465 |
| Professional fees and other payments to independent contractors | $21,646 |
| Occupancy, rent, utilities, and maintenance | $66,880 |
| Printing, publications, postage, and shipping | $6,351 |
| Other expenses | $10,983 |
| Total expenses | $154,325 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,424 |
| Other assets | $0 |
| Total assets | $249,862 |
| Total liabilities | $4,652 |
| Net assets or fund balances | $245,210 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Puerto Rican Folkloric Dance Inc has recieved totaling $45,986.
| Awarding Organization | Amount |
|---|---|
Bbb Serving The Heart Of Texas Austin, TX PURPOSE: COVID-19 EMERGENCY RELIEF | $20,000 |
Mid-America Arts Alliance Kansas City, MO PURPOSE: ART SUPPORT | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,848 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tessitura Network Inc Dallas, TX | $21,809,645 | $43,977,511 |
Woodlands Center For The Performing Arts The Woodlands, TX | $66,155,005 | $4,869,262 |
The Foundation For Jones Hall Houston, TX | $12,945,210 | $11,215,659 |
National Western Art Foundation San Antonio, TX | $33,318,907 | $5,418,283 |
Society For The Performing Arts Houston, TX | $2,735,277 | $4,022,539 |
Dsm Management Group Inc Dallas, TX | $3,614,375 | $1,386,226 |
1894 Inc Galveston, TX | $14,356,181 | $3,638,315 |
New Orleans Center For Creative Arts Institute New Orleans, LA | $27,637,413 | $1,850,928 |
Shaw Center For The Arts Llc Baton Rouge, LA | $25,156,056 | $977,133 |
Spencer Theater For The Performing Arts Inc Alto, NM | $16,060,098 | $2,857,669 |
Taca Inc Dallas, TX | $1,253,014 | $1,318,938 |
Jefferson Performing Arts Society Metairie, LA | $970,556 | $1,410,329 |