Sankritilaya
- Assets
- $161.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 10/2008
- Data as of
- 12/2020
- EIN
- 26-2297124
Organization Overview
Sankritilaya is located in Cupertino, CA. The organization was established in 2008. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Sankritilaya 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 12/2020, Sankritilaya generated $51.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (45.7%) each year. All expenses for the organization totaled $59.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (43.3%) per year over the past 3 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
2020
Describe the Organization's Program Activity:
Part 3
ORGANIZATION HAD SUCCESFULLY CONDUCTED VIRTUAL CONCERTS IN 2020 WITH EMININET ARTISTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vijayalakshmi Mani Treasurar | 10 | $0 | |
Mahalingam Mani President | 10 | $0 | |
Narayan Vishwanathan Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $47,558 |
| Investment income | $3,770 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,828 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $397 |
| Other expenses | $58,636 |
| Total expenses | $59,733 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,090 |
| Other assets | $0 |
| Total assets | $161,853 |
| Total liabilities | $150,000 |
| Net assets or fund balances | $11,853 |