Pandit Jasraj School Of Music Foundation
- Assets
- $137.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colonia, NJ
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 11-3557359
Organization Overview
Pandit Jasraj School Of Music Foundation is located in Colonia, NJ. The organization was established in 2002. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pandit Jasraj School Of Music Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pandit Jasraj School Of Music Foundation generated $127.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $116.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND TEACH INDIAN CLASSSICAL MUSIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pandit Jasraj Chairman | 15 | $0 | |
Tripti Mukherjee Pres/ Trustee | 40 | $0 | |
Marina Ahmed Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,190 |
| Total Program Service Revenue | $112,475 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,676 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,988 |
| Professional fees and other payments to independent contractors | $10,870 |
| Occupancy, rent, utilities, and maintenance | $56,771 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,785 |
| Total expenses | $116,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $137,285 |
| Other assets | $0 |
| Total assets | $137,285 |
| Total liabilities | $0 |
| Net assets or fund balances | $137,285 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pandit Jasraj School Of Music Foundation has recieved totaling $28.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |