PANO NETWORK INC

EIN: 832214603 501(c)(3) Arts, Culture & Humanities

BRONX, NY

Total Revenue
$64,336
Total Expenses
$62,273
Total Assets
$40,503
Net Assets
$40,298
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
LAUREN SOWA
Phone
3474921009
Tax Period
2023-01-01 to 2023-12-31

PANO NETWORK INC, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $64K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $62K left a modest 3% surplus.

Mission

PANO NETWORK ("PANO"), FORMERLY KNOWN AS NYC WOMEN FILMMAKERS, CHAMPIONS INCLUSION IN FILM, TV, AND MEDIA BY CONNECTING UNDERREPRESENTED CREATORS WITH INFLUENTIAL NETWORKS, VALUABLE RESOURCES, AND CAREER-CHANGING OPPORTUNITIES TO IMPACT MEANINGFUL CHANGE IN THE INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $46,142 Revenue: $1,966

PANO NETWORK INC ("PANO") MAINTAINED AN ONLINE PRESENCE, PRINCIPALLY THROUGH ITS WEBSITE, BUT ALSO VIA FACEBOOK, LINKED IN, TWITTER AND INSTAGRAM, TO SUPPORT AND EDUCATE MEMBERS ON ALL ASPECTS OF THE...

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PANO NETWORK INC ("PANO") MAINTAINED AN ONLINE PRESENCE, PRINCIPALLY THROUGH ITS WEBSITE, BUT ALSO VIA FACEBOOK, LINKED IN, TWITTER AND INSTAGRAM, TO SUPPORT AND EDUCATE MEMBERS ON ALL ASPECTS OF THE INDUSTRY. PANO LAUNCHED ITS WEBSITE PUBLICLY IN APRIL 2021, AND HAS ATTRACTED ALMOST 3,800+ MEMBERS. PANO HAD OVER 30,000 VISITORS TO OUR WEBSITE AND SOCIAL MEDIA SITES.THE WEBSITE ALLOWS FOR MEMBERS AND NONMEMBERS TO POST JOB LISTINGS FOR POTENTIAL APPLICANTS. THE WEBSITE ALSO CONTAINS A LIBRARY WITH MANY VIDEOS OF WORKSHOPS ON FILMMAKING AND RELATED TOPICS,AND ACTS AS A MEANS FOR MEMBERS TO CONNECT, SHARE JOB OPPORTUNITIES AND RESOURCES. PANO PARTNERED WITH MULTIPLE ORGANIZATIONS TO OFFER DISCOUNTS ON GOODS AND SERVICES, HELPING TO REMOVE FINANCIAL BARRIERS FOR UNDERREPRESENTED FILMMAKERS.PANO SUPPORTED 173 FILMMAKERS PROGRAMS INCLUDING 26 GRANTS, AWARDS, AND SCHOLARSHIPS DISBURSED TOTALING $34,820 IN CASH, IN KIND, AND SCHOLARSHIP SUPPORT.PANO PRESENTED OR CO-SPONSORED 17+ SEPARATE VIRTUAL OR IN-PERSON EDUCATIONAL SEMINARS AND NETWORKING EVENTS WITH APPROXIMATELY 1,000 ATTENDEES. TOPICS RANGED FROM VARIOUS ASPECTS OF FILM PRODUCTION, FILM FINANCING, FINANCIAL PLANNING, BRANDING WRITING DEVELOPMENT, FILM FESTIVAL STRATEGIES, AND SCREEN WATCH PARTIES.PANO PROVIDED ONE ROUND OF MICROGRANTS ($500 EACH) TO 15 FILMMAKERS TO ASSIST WITH PURCHASES OF EQUIPMENT/SUPPLIES, PRODUCTION SERVICES, POST PRODUCTION, FILM FESTIVAL EXPENSES AND OTHER FILM RELATED EXPENSES. PANO ALSO PROVIDED AN IN-KIND COLOR GRADING GRANT TO A FILMMAKER. PANO PROVIDED FREE ONLINE MASTERCLASS MEMBERSHIPS TO ALL PRO MEMBERS.PANO LAUNCHED A SECOND MATCHING OF "PANO PAIRS," A PEER MENTORSHIP PROGRAM FOR 120 FILMMAKERS, THAT INCLUDED AN IN-PERSON CLOSING CELEBRATION AND NETWORKING OPPORTUNITIES.PANO AWARDED A $5,000 SCREENWRITING GRANT TO A SCREENWRITING MEMBER, AND OFFERED THE OTHER 2 SCREENWRITER FINALISTS AN EXCLUSIVE OPPORTUNITY TO PARTICIPATE IN A PARTNER ORGANIZATION SCREENWRITING EDUCATIONAL OPPORTUNITY CONSISTING OF 5 SEMINARS TAUGHT BY PROFESSIONAL WRITERS.PANO HELD A SHORT FILM SHOWCASE, FEATURING THE SELECTED WORKS OF 13 MEMBERS. PANO HELD A LIVE CINEMATOGRAPHER LAB WITH AN INDUSTRY PARTNER, AN EQUIPMENT RENTAL COMPANY THAT SPONSORED THE HANDS-ON TRAINNG OF 25 MEMBERS WITH A CLOSING CELEBRATION. PANO ACTED AS A FISCAL SPONSOR TO RECEIVE AND MAKE GRANTS TO ORGANIZATIONS WITH SIMILAR GOALS AND OBJECTIVES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $62,370
Program Service Revenue $1,966
Investment Income $0
Other Revenue $0
TOTAL REVENUE $64,336

Expense Breakdown

Grants Paid $12,500
Salaries & Benefits $0
Fundraising Expenses $9,476
Program Expenses $46,142
Other Expenses $42,536
TOTAL EXPENSES $62,273

Year-over-Year Comparison

2023 2022 Change
Revenue $64,336 $68,371 -0.1%
Expenses $62,273 $54,543 +0.1%
Net Income $2,063 $13,828 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CIDNEY HUE CO PRESIDENT 10.00
Officer Director
$0 $0 $0
LAUREN SOWA CO PRESIDENT 10.00
Officer Director
$0 $0 $0
ROCHELE ROSA SECRETARY 4.00
Officer Director
$0 $0 $0
NANCY ADAMS TREASURER 4.00
Officer Director
$0 $0 $0
ROSANNE LIMONCELLI DIRECTOR 4.00
Director
$0 $0 $0
PAULA LANDRY CO-VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
SARAH MCFARLANE ASSOCIATE SECRETARY 4.00
Director
$0 $0 $0
VICTORIA IV KING CO-VICE PRESIDENT 4.00
Director
$0 $0 $0
GAYATRI PATEL BAHL DIRECTOR 4.00
Director
$0 $0 $0
DORIS CASAP DIRECTOR 4.00
Director
$0 $0 $0
IRENE PHAN DIRECTOR 4.00
Director
$0 $0 $0
JENN SHAW DIRECTOR 4.00
Director
$0 $0 $0
CHRISTINE SWANSON DIRECTOR 4.00
Director
$0 $0 $0
NITSAN BAR TAL DIRECTOR 4.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $64,336 $62,273 $40,503 $2,063
2022 $68,371 $54,543 $38,235 $13,828
2021 $46,084 $34,872 $24,407 $11,212
2020 $15,994 $5,810 $13,195 $10,184
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