Epiphytic organisms are characteristic elements of the Andean dry forest, playing a crucial role in ecosystem diversity and functionality, but they are threatened by deforestation-related factors. The diversity of epiphytic lichens and bryophytes was recorded in the Pisaca Reserve, which has an artificial pond locally known as “Laguna Pisaca”, serving as a critical micro-watershed. This pond provides water services to the city of Catacocha, motivating local communities to protect its biodiversity. In each zone (low, middle and high), 10 plots of 5 × 5 m were established, where the presence and coverage of lichens and bryophytes were sampled in 4 trees per plot (120 trees). Richness and diversity (Shannon–Weaver and Simpson indices) were calculated. Generalized linear models (GLM) were used to analyze the effect of the zone on richness and diversity, and multivariate analysis was used to analyze species composition. A total of 90 species were recorded (65 lichens and 25 bryophytes), distributed in three zones: 74 in the high, 67 in the low and 41 in the middle zone. Species richness and composition showed significant variations in relation to the three zones, influenced by forest structure, small altitudinal changes and forests disturbance. The forests of the Pisaca Reserve harbor a great diversity of lichens and epiphytic bryophytes, which serve as refuges for biodiversity in the Andean dry montane forest of South Ecuador. Keywords: bryophytes; cryptogam communities; disturbance; diversity; elevation; lichens.