Mauro INC EIN 66-0648356 Form 990 (PDF) Claim this org

Mauro INC FY2020 filing

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Develops artists and promotes arts appreciation for low-income and culturally disadvantaged groups in Puerto Rico. For fiscal year 2020 it reported $441K in revenue, $411K in expenses, and $-42K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
San Juan, PR
Website
www.mauroincpr.com
Filings
5 on file (2020–2020)
Revenue
$441KFY2020
Expenses
$411K
Net assets
$-42K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  66-0648356 Public charity (501(c)(3)) San Juan, PR
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Develops artists and promotes arts appreciation for low-income and culturally disadvantaged groups in Puerto Rico.
Leadership
Money in and out
$441K revenue, $411K expenses
Bottom line
72% program efficiency
Where the money goes · FY2020
Total revenue
$441K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$-42K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $30K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Program efficiency
72%
of spending reaches programs
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$441K
FY2020
Expenses
$411K
FY2020
Total assets
$121K
FY2020
Total liabilities
$164K
FY2020
Total revenue
$441K
Pt VIII · Ln 12
Total expenses
$411K
Pt IX · Ln 25
Net assets
$-42K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$30K
Total assetsPt X · Ln 16$121K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMauro INC
EINHdr · item D66-0648356
Principal addressHdr · item CSan Juan, PR
WebsiteHdr · item Jwww.mauroincpr.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A63)
Ruling yearIRS BMFNov 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President - Board of Directors
$0Pt VII · Sec A
Secretary - Board of Directors
$0Pt VII · Sec A
Treasury - Board of Directors
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $97K of program spending, described in the organization's own filed words · FY2020.
01

Flamboyan Foundation

Art for All - Education Program workshops of ballet for children of low income living in the Public Housing Jose H Ramirez at the Municipality of Rio Grande, in the Public Housing Aristides Chavier in the Municipality of Ponce, in the Public Housing Torres del Rio in the Municipality of Naguabo, in the Public Housing Sabana Abajo in the…

$59Kprogram expense
02

Legislative Funds Community Impact

Monthly free ballet, theatre, hip hop, and music classes for students from low income communities from Santurce and Rio Piedras Neighborhoods at their public schools.

$23Kprogram expense
03

Angel Ramos Foundation

Monthly free ballet theatre, hip hop and music classes for students from low income communities from Santurce and Rio Piedras Ward at Mauro Studio.

$15Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$233K · 53%
Other revenue$172K · 39%
Program service revenue$36K · 8%
Contributions & grants53%$233K
Other revenue39%$172K
Program service revenue8%$36K
— government grantsLn 1e$101K
Total revenueLn 12$441K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$297K
Management & general28%$114K
Total functional expensesLn 25$411K

Balance Sheet

Part X · end of year
CashLn 1$89K
Total assetsLn 16$121K
Total liabilitiesLn 26$164K
Total net assetsLn 32$-42K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $89K · Operating expenses/yr $411K
2.6 months
Where the money goes
Program services
Program services $297K · Total expenses $411K
72%
Management & General
Management & general $114K · Total expenses $411K
28%
Fundraising
Fundraising $0 · Total expenses $411K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $132K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $233K · Total revenue $441K
53%
Government reliance
Government grants $101K · Total revenue $441K
23%
Earned-income share
Program service revenue $36K · Total revenue $441K
8%
Investment reliance
Investment income $0 · Total revenue $441K
0%
Program self-sufficiency
Program service revenue $36K · Total expenses $411K
9%
Growth & trend
Revenue growth (YoY)
This year $441K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-42K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $441K · Expenses $411K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $121K
Net-asset ratio
Net assets $-42K · Total assets $121K
-35%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $121K
0%
People & payroll
Highest Reported Total Compensation
Individual Aureo F Andino Bertieaux · Reported title CEO · Highest reported compensation $0 · Total expenses $411K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $45K · Total expenses $411K
11%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$28K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · ⤓ 990 PDF
FY2023$755K revenue · ⤓ 990 PDF
FY2022$926K revenue · ⤓ 990 PDF
FY2021$666K revenue · ⤓ 990 PDF
FY2020$441K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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