Kg Foundations
- Assets
- $46.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plainsboro, NJ
- Founding
- 02/2012
- Data as of
- 12/2023
- EIN
- 45-2925793
Organization Overview
Kg Foundations is located in Plainsboro, NJ. The organization was established in 2012. According to its NTEE Classification (A62) the organization is classified as: Dance, 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. Kg Foundations 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, Kg Foundations generated $95.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $78.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
INDIAN CLASSICAL MUSIC AND DANCE EVENT IN NORTH AMERICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C S Prasad Trustee | 5 | $0 | |
Shankar Raman Trustee | 2 | $0 | |
Madhav Prasad Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,121 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,121 |
| 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 | $18,899 |
| Occupancy, rent, utilities, and maintenance | $12,987 |
| Printing, publications, postage, and shipping | $186 |
| Other expenses | $46,710 |
| Total expenses | $78,782 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,596 |
| Other assets | $0 |
| Total assets | $46,596 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,596 |