Civic Intelligence

Folklore Y Ritmos De Panama

990EZ • Fiscal year 2023 • EIN 33-1217218

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

Organization Profilepanamaenaustin.org
1100 Woodhollow LnCedar Park, TX 78613

(512) 826-8990

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

92nd percentile

57%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$700

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$55,454

Up $53,782 (+3217%) from 2014

Net Assets

Up

$55,454

Up $53,782 (+3217%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Up

$84,127

Up $70,839 (+533%) from 2014

Expenses

Up

$36,249

Up $23,953 (+195%) from 2014

Net Income

Up

$47,878

Up $46,886 (+4726%) from 2014

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2012: $1,267Net Assets 2012: $1,2672012Assets 2013: $679Net Assets 2013: $6792013Assets 2014: $1,672Net Assets 2014: $1,6722014Assets 2023: $55,454Net Assets 2023: $55,4542023Assets 2024: $64,725Net Assets 2024: $64,7252024

Highlighted filing

2023

Assets$55,454
Liabilities-
Net Assets$55,454
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2012: $12,163Expenses 2012: $14,617Net Income 2012: -$2,4542012Revenue 2013: $11,598Expenses 2013: $12,186Net Income 2013: -$5882013Revenue 2014: $13,288Expenses 2014: $12,296Net Income 2014: $9922014Revenue 2023: $84,127Expenses 2023: $36,249Net Income 2023: $47,8782023Revenue 2024: $84,718Expenses 2024: $75,447Net Income 2024: $9,2712024

Highlighted filing

2023

Revenue$84,127
Expenses$36,249
Net Income$47,878
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.0
Gross Receipts
$84,127
Mission and Program Overview

Mission

To support and encourage the social, educational, cultural and recreational activites of its members engaged in promoting and understanding of the traditions and culture of panama

Folklore y Ritmos de Panama brings Panamanian and Latin American culture to Austin. We collaborate with local dance troupes and cultural organizations to enrich our community's landscape.

Program Services

DescriptionGrantsExpenses
We held 1 large public dance, music, & theater event with over 340 attendees in November 2023 in support of our mission to encourage and promote the understanding of Panama's traditions & culture.-$29,635
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fernando VilcaDirectorPT$0$700$700
Rogelio McInnisPresidentPT$0--
Sulipsa LuqueVice President-$0--
Lorena DanielSecretary-$0--
Jeannett MuellerTreasurerPT$0--
Marta McInnisDirectorPT$0--
Duke DanielDirector-$0--
Filing and Contact Details

Filer

Filer Name
Folklore Y Ritmos De Panama
EIN
33-1217218
Phone
5128268990
Address
1100 Woodhollow Ln, Cedar Park, TX 78613

Signing Officer

Name
Rogelio McInnis
Title
President
Signed
2024-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Todd A Brewer CPA LLC
Address
12500 Ballerstedt Rd, Elgin, TX 78621
Preparer
Todd A Brewer CPA
Phone
7372952020
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $798”

Other Expenses.1002

“Office Expenses $1338”

Other Expenses.1005

“Travel $8641”

Other Expenses.1012

“Insurance $451”

Other Expenses.1

“Artistic Fee $5790”

Other Expenses.2

“Supply Expense $3541”

Other Expenses.3

“Event Food Costs $2225”

Other Expenses.4

“Music & Sound Supply Expense $1640”

Other Expenses.5

“Decorations $1066”

Other Expenses.6

“Service Fees $359”

Other Expenses.7

“Training Expense $350”

Other Expenses.8

“Wardrobe/Costumes $140”

Other Expenses.9

“Miscellaneous Expense $39”

Other Assets.1005

“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $50”

Raw XML Appendix196 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Rogelio McInnis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sulipsa Luque
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lorena Daniel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jeannett Mueller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Marta McInnis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Duke Daniel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Fernando Vilca
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt050
IRS990EZ/OtherExpensesTotalAmt026378
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Folklore y Ritmos de Panama brings Panamanian and Latin American culture to Austin. We collaborate with local dance troupes and cultural organizations to enrich our community's landscape.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029635
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt084127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018060
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0151208
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07656
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04671
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt036694
IRS990ScheduleA/Total509Grp/TotalAmt0151208
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt084127
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt018060
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04671
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt036694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0151208
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $798
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $8641
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Artistic Fee $5790
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supply Expense $3541
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Event Food Costs $2225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Music & Sound Supply Expense $1640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Decorations $1066
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Service Fees $359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Training Expense $350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Wardrobe/Costumes $140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Miscellaneous Expense $39
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Accounts Receivable - Beginning $0 Accounts Receivable - Ending $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Rogelio McInnis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Folklore Y Ritmos De Panama
ReturnHeader/Filer/BusinessNameControlTxt0FOLK
ReturnHeader/Filer/EIN0331217218
ReturnHeader/Filer/PhoneNum05128268990
ReturnHeader/Filer/USAddress/AddressLine1Txt01100 Woodhollow Ln
ReturnHeader/Filer/USAddress/CityNm0Cedar Park
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078613
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844867228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Todd A Brewer CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012500 Ballerstedt Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elgin
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078621
ReturnHeader/PreparerPersonGrp/PhoneNum07372952020
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Todd A Brewer CPA
ReturnHeader/ReturnTs02024-05-14T13:03:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rogelio
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0McInnis
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,454
Liabilities
-
Net assets
$55,454
Revenue
$84,127
Expenses
$36,249
Net income
$47,878
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$64.7$64.7$84.7$75.4$9.27
2023Detailed filing. Detailed filing data is available for this year.$55.5$55.5$84.1$36.2$47.9
2014Detailed filing. Detailed filing data is available for this year.$1.67$1.67$13.3$12.3$0.99
2013Detailed filing. Detailed filing data is available for this year.$0.68$0.68$11.6$12.2$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$1.27$12.2$14.6$2.45