Carolina Kannada Balaga
- Assets
- $47.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NC
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 27-1415746
Organization Overview
Carolina Kannada Balaga is located in Concord, NC. The organization was established in 2019. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Carolina Kannada Balaga 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, Carolina Kannada Balaga generated $67.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $70.4k during the year ending 12/2023. While expenses have increased by 37.2% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sowmyasri Thalanki President | 8 | $0 | |
Channabasappa Astagi Secretary | 6 | $0 | |
Gurunath S Halyal Treasurer | 6 | $0 | |
Deepa Prabhakar Cultural Director | 4 | $0 | |
Supriya Nagabhushan Kurki Educational Director | 4 | $0 | |
Kiran Prakash Khembhavi Communication Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,888 |
| Total Program Service Revenue | $25,078 |
| Membership dues | $20,161 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,127 |
| 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 | $445 |
| Other expenses | $67,963 |
| Total expenses | $70,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,811 |
| Other assets | $0 |
| Total assets | $47,811 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,811 |