Sruti India Music & Dance Society
- Assets
- $299.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Audubon, PA
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 23-2454367
Organization Overview
Sruti India Music & Dance Society is located in Audubon, PA. The organization was established in 1993. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Sruti India Music & Dance Society 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, Sruti India Music & Dance Society generated $36.1k 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 (13.3%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) 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
SRUTI'S PRINCIPAL MISSION IS TO PROMOTE AND PRESENT INDIAN CLASSICAL MUSIC AND DANCE. IN ADDITION SRUTI SEEKS TO EDUCATE THE PHILADELPHIA COMMUNITY AT LARGE ABOUT INDIAN ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sundar Arunapuram President | 10 | $0 | |
Raji Venkatesan Secretary | 3 | $0 | |
Venkat Kilambi Treasurer | 3 | $0 | |
P Sivakumar Director | 3 | $0 | |
Lata Suresh Director | 3 | $0 | |
Nari Narayanan Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,979 |
| Total Program Service Revenue | $10,586 |
| Membership dues | $0 |
| Investment income | $3,486 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,051 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,791 |
| Total expenses | $28,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,139 |
| Other assets | $0 |
| Total assets | $299,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $299,139 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sruti India Music & Dance Society has recieved totaling $7,200.
| Awarding Organization | Amount |
|---|---|
University Of The Arts Philadelphia, PA PURPOSE: ARTS AND CULTURAL PROJECTS | $7,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joshua M Freeman Foundation Selbyville, DE | $7,026,329 | $10,885,831 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
Delaware College Of Art And Design Wilmington, DE | $12,063,919 | $5,103,900 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |
Germantown Cultural Arts Center Inc Germantown, MD | $1,282,498 | $3,689,211 |
The Avalon Foundation Inc Easton, MD | $5,588,979 | $2,877,348 |
The Mattress Factory Pittsburgh, PA | $6,739,687 | $2,768,754 |
Rosies Theater Kids Inc New York, NY | $7,813,636 | $2,330,340 |