Ragamala Dance
- Assets
- $693.7k
- Revenue
- $916.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Minneapolis, MN
- Founding
- 04/1993
- Data as of
- 07/2024
- EIN
- 41-1747144
Organization Overview
Ragamala Dance is located in Minneapolis, MN. The organization was established in 1993. 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. As of 07/2024, Ragamala Dance employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ragamala Dance 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 07/2024, Ragamala Dance generated $916.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $942.1k during the year ending 07/2024. While expenses have increased by 2.8% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
RAGAMALA DANCE COMPANY IS THE VISION OF MOTHER-DAUGHTER SOUTH INDIAN AMERICAN ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES INCLUDE:PERFORMANCES LOCALLY AND ON TOUR (U.S. AND THE NETHERLANDS): PRESENTED 10 LIVE PERFORMANCES AT 9 VENUES IN 9 CITIES, REACHING A TOTAL AUDIENCE OF 6,370.COMMUNITY ENGAGEMENT ACTIVITIES IN OUR HOME COMMUNITY AND ON TOUR: CONDUCTED 35 IN-PERSON OUTREACH ACTIVITIES AT 18 SITES IN THE TWIN CITIES, NATIONWIDE, AND IN THE NETHERLANDS (INCLUDING SCHOOLS, UNIVERSITIES, SENIOR CENTERS, DANCE SCHOOLS, HOSPITALS, COMMUNITY CENTERS, PLACES OF WORSHIP, MUSEUMS, AND COMMUNITY FESTIVALS) REACHING AN AUDIENCE OF 4,360.SEE SCHEDULE O FOR ADDITIONAL PROGRAM LANGUAGECONDUCTED 7 VIRTUAL OUTREACH ACTIVITIES (INCLUDING LIVESTREAMED ARTIST TALKS, PARTICIPATORY DANCE CLASSES, AND NEWLY CREATED VIDEO AND AUDIO CONTENT), REACHING AN AUDIENCE OF 2,572; COHOSTED TWO IN-PERSON CONVENINGS OF MAJOR U.S. PERFORMING ARTS PRESENTERS ON THE TOPIC OF "WHAT IS AMERICAN DANCE?", HOSTING 17 ARTS PRESENTERS AND FUNDERS FROM 12 CITIES. ONGOING CLASSES AT THE RAGAMALA TRAINING CENTER, WITH LOCATIONS IN MINNEAPOLIS AND ROCHESTER, MINNESOTA: CONDUCTED 6 HOURS OF GROUP CLASSES PER WEEK FOR 36 WEEKS OF THE YEAR, AND ADDITIONAL ONE-ON-ONE CLASSES FOR ADVANCED STUDENTS, FOR A POPULATION OF 45 STUDENTS AGED 7 THROUGH ADULT. CLASSES OFFERED IN PERSON AND VIRTUALLY VIA ZOOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aparna Ramaswamy Executive Artistic Director | OfficerTrustee | 40 | $96,583 |
Marguerite Ahmann Director | Trustee | 2 | $0 |
Rohit Gupta Treasurer | OfficerTrustee | 2 | $0 |
John Riske President | OfficerTrustee | 2 | $0 |
Neal Cuthbert Vice President | OfficerTrustee | 2 | $0 |
Nithya Balakrishnan Mathad Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,305 |
| Related organizations | $0 |
| Government grants | $120,886 |
| All other contributions, gifts, grants, and similar amounts not included above | $562,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $704,215 |
| Total Program Service Revenue | $209,179 |
| Investment income | $1,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $916,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,552 |
| Compensation of current officers, directors, key employees. | $27,302 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,928 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,533 |
| Payroll taxes | $34,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,414 |
| Advertising and promotion | $923 |
| Office expenses | $102,866 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $604 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $942,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,077 |
| Savings and temporary cash investments | $108,628 |
| Pledges and grants receivable | $87,995 |
| Accounts receivable, net | $669 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,870 |
| Net Land, buildings, and equipment | $2,196 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,217 |
| Total assets | $693,652 |
| Accounts payable and accrued expenses | $8,522 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $157,797 |
| Total liabilities | $166,319 |
| Net assets without donor restrictions | $152,292 |
| Net assets with donor restrictions | $375,041 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $693,652 |