Kg Foundations
- Assets
- $37.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plainsboro, NJ
- Founding
- 02/2012
- Data as of
- 12/2020
- 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 12/2020, Kg Foundations generated $56.7k 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 (17.2%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (30.1%) 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
FOR INDIAN CLASSICAL MUSIC AND DANCE EVENTIN NORTH AMERICA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aler M Krishnan Trustee | 5 | $0 | |
Chitra Ramaswamy Trustee | 2 | $0 | |
Cs Prasd Director | 2 | $0 | |
Madhav Prasad Trustee | 2 | $0 | |
Priyadarsini Govind Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,672 |
| 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 | $56,672 |
| 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 | $23,362 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,791 |
| Total expenses | $31,153 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,167 |
| Other assets | $0 |
| Total assets | $37,167 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,167 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kg Foundations has recieved totaling $25,038.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,519 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,519 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ballet Hispanico Of New York New York, NY | $24,516,405 | $5,803,635 |
Discalced Inc Brooklyn, NY | $21,807,049 | $14,438,321 |
New York Live Arts Inc New York, NY | $18,773,149 | $10,002,942 |
Paul Taylor Dance Foundation Inc New York, NY | $13,013,484 | $8,150,910 |
Joyce Theater Foundation Inc New York, NY | $65,012,257 | $14,438,714 |
National Dance Institute Inc New York, NY | $32,990,877 | $6,945,631 |
Baryshnikov Arts Center Inc New York, NY | $23,842,997 | $3,582,683 |
Balletx Philadelphia, PA | $5,194,722 | $3,970,836 |
Purelements An Evolution In Dance Brooklyn, NY | $717,420 | $2,009,900 |
Dancing Classrooms Inc New York, NY | $1,646,971 | $2,056,181 |
Pascal Rioult Dance Theatre Inc Astoria, NY | $4,827,802 | $1,646,430 |
Streb Inc Brooklyn, NY | $2,190,358 | $2,179,890 |