Kaveri Kannada Association Inc
- Assets
- $268.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 05/1974
- Data as of
- 12/2023
- EIN
- 23-7367337
Organization Overview
Kaveri Kannada Association Inc is located in Potomac, MD. The organization was established in 1974. 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. Kaveri Kannada Association Inc 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 12/2023, Kaveri Kannada Association Inc generated $108.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $107.9k during the year ending 12/2023. While expenses have increased by 15.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC CHARITY ORGANIZATION TO PRESERVE AND PROMOTE KANNADA LANGUAGE AND CULTURAL HERITAGE AMONG THE KANNADA SPEAKING PEOPLE IN THE UNITED STATES
Describe the Organization's Program Activity:
Part 3
KAVERI 50TH YEAR CELEBRATION OUR ORGANIZATION CELEBRATED THE 50TH YEAR OF THE FORMATION OF THE ORGANIZATION(GOLDEN JUBILEE). MORE THAN 1000 PEOPLE ATTENDED THE CULTURAL ACTIVITIES SPANNING TWO DAYS ON AUGUST 26TH AND 27TH, 2022 AT MARRIOTT CONFERENCE CENTER, BETHESDA, MARYLAND. MANY CULTURAL PROGRAMS WERE GIVEN BY THE LOCAL AND INTERNATIONAL ARTISTS.
UGADI EVENT: THE ORGANIZATION CONDUCTED THE FESTIVAL OF UGADI (NEW YEAR ) FESTIVAL DURING THE MONTH OF APRIL 2022. MORE THAN 300 PEOPLE ATTENDED THE CULTURAL EVENT AND ENJOYED FESTIVITIES
CULTURAL EVENT - DEEPAVALI(DIWALI). THE ORGANIZATION CELEBRATED THE DEEPAVALI FESTIVAL CULTURAL EVENT DURING THE MONTH OF NOVEMBER. MORE THAN 250 PEOPLE ATTENDED THE CULTURAL FESTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shailaja Arkacharya Memeber And Chair - Board Of Trustees | 5 | $0 | |
Suma Muralidhara Member - Board Of Trustees | 5 | $0 | |
Meena Rao Member - Board Of Trustees | 5 | $0 | |
Mahesh Mahadeva Member - Board Of Trustees | 5 | $0 | |
Madesh Basavaraju Member - Board Of Trustees | 5 | $0 | |
Savitha Rao Member - Board Of Trustees | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,448 |
| Total Program Service Revenue | $45,682 |
| Membership dues | $15,258 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,019 |
| Other Revenue | $0 |
| Total Revenue | $108,407 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $14,746 |
| Other expenses | $93,151 |
| Total expenses | $107,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,816 |
| Other assets | $0 |
| Total assets | $268,816 |
| Total liabilities | $0 |
| Net assets or fund balances | $268,816 |