2024-03-30T20:04:40-07:00 2023-12-31 990 2023-01-01 742886375 PUERTO RICAN FOLKLORIC DANCE INC PUER 5122518122 15228 Quiet Pond Ct Austin TX 78728 Ana Maria Maynard Executive Director 5122518122 2024-03-26 Ana Maria Maynard 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Ana Maria Maynard 15228 Quiet Pond Ct Austin TX 78728 246096 0 X http://prfdance.org X 1997 TX 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, and indigenous Taino heritage. 5 0 2 20 0 0 138874 224277 17774 19561 0 0 945 1102 157593 244940 0 0 0 0 48465 82694 0 0 12404 105860 125345 154325 208039 3268 36901 249862 283763 4652 1482 245210 282281 Founded in 1997, our nonprofit 501(c)(3) mission is to promote cultural awareness and pride through performing arts programs and cultural events based in Puerto Rican folklore, history, and living traditions -- dance, music, community theatre, ancestral fighting arts, and Indigenous Taino heritage. 0 0 113768 0 7646 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 living traditions. Presented by professionals and students. Most events are free to public. Serves 200-5000. Received inkind $8292 in service/usage for facility rental. 73597 0 10865 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. 0 0 0 187365 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 2 1 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 X Ann Marie Maynard 5122518122 15228 Quiet Pond Ct Austin TX 78728 Ann Marie Maynard Executive & Artistic Director 40 0 X 55125 0 0 Charlotte Lopez Diaz Administrative Staff 30 0 X 21640 0 0 Jenny Irizarry-Deleza Board President & Secty 1 0 X 0 0 0 Lourdes Rodriguez Board Member 1 0 X 0 0 0 Julio Cotto Board Member 1 0 X 0 0 0 Amanda Masino Board Member 1 0 X 0 0 0 Iris Albizu Advisory Board - Legal 0 0 X 0 0 0 76765 0 0 0 0 0 0 0 0 0 0 0 175767 48510 1046 224277 Tuition 711190 10865 10865 0 0 Ticket Sales 711190 7646 7646 0 0 Performance Facility Service (501C3) 711190 1050 1050 0 0 0 0 0 0 19561 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2183 1156 1027 1027 0 0 Reimbursement (Instrument/Travel Fee) 711190 75 75 0 0 0 0 0 0 75 244940 20663 0 0 X 0 0 0 0 0 0 0 0 76368 57276 7637 11455 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6326 4744 633 949 0 0 0 0 170 170 0 0 1885 1885 0 0 0 0 0 0 0 0 0 0 0 0 28264 28264 0 0 8193 8193 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69484 69484 0 0 13289 13289 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2236 2236 0 0 Costume, Props, Instruments, Sound Expenses 1824 1824 0 0 0 0 0 0 208039 187365 8270 12404 130424 160346 0 0 0 0 0 0 0 0 0 0 0 0 5564 5432 0 0 0 0 0 0 0 0 0 0 0 113874 117985 249862 283763 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4652 1482 4652 1482 X 0 0 0 0 245210 282281 245210 282281 249862 283763 X 36901 0 0 0 0 170 X 0 0 0 X 111523 143000 203127 138874 224277 820801 18879 13672 13360 19814 21743 87468 0 0 0 0 0 0 0 0 0 0 0 0 1404 0 0 0 0 1404 131806 156672 216487 158688 246020 909673 835 4175 955 5350 2800 14115 0 0 0 0 0 0 835 4175 955 5350 2800 14115 895558 0 0 0 0 0 0 0 0 0 0 0 0 4429 0 0 0 0 4429 0 0 0 0 0 0 136235 156672 216487 158688 246020 914102 0.97971 0.97914 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Costumes & Props 47886 Audio Visual Equipment 18027 Leasehold Improvements 31260 Musical Instruments 10139 Furniture & Decor 10008 Equipment & Tools 665 117985 0 Sales Tax Due 179 Credit Card 1303 1482 Form 990, Part VI, Section B, Line 11b At our annual 1Q Board Meeting, the governing body receives the Financials, Profit & Loss, and Balance Sheets, Operating Budget, etc, along with a presentation by the Executive Director so that any concerns on the upcoming filing can be addressed in advance. The Board receives the IRS990s for their files immediately upon filing. Form 990, Part VI, Section B, Line 15 In 2013, after 15 years as our volunteer part-time founding Executive & Artistic Director, she was hired into a full time paid position to grow the organization. The review and approval was done by our governing body / compensation committee which included our Attorney / Board Advisory. Our director was not involved in this meeting. Use of data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations was made. Contemporaneous documentation and record keeping with respect to the deliberations and decisions regarding the compensation arrangement. Her starting salary was set at below market rate, due to our limited budget. While her salary is revisited each year, she had not been given a raise all these years due to our limited budget. In 2023, thanks to a special grant she now receives: 5 more hours/week of pay at the current hourly rate (below market rate) and paid summer vacation time. Our part time administrative staff was hired by the Director in 2023. Her salary was based on grant funding that was available: 30 hours/week @$20/hr. Form 990, Part VI, Section C, Line 19 Our annual IRS990s are available on Guidestar. All other documents are available upon request. Form 990, Part IX, Line 11g Payments to contractors for performance and educational projects: Artists, Tech Crew, and Workshop Instructors. Form 990, Part XI, Line 9 This $170 change in Net Asset represents a $170 expense paid to US Copyright for original works created in 2022. In December 2022 a placeholder was entered into our record for this Copyright, which should have been completed and paid in 2022. Unfortunately the payment was not made until 2023. This $170 adjustment balances our balance sheet so that we are able to arrive at the correct 2023 End of Year Net Asset ($282281).