Sivan Fine Arts Academy Inc
- Assets
- $51.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 45-5334765
Organization Overview
Sivan Fine Arts Academy Inc is located in Palatine, IL. The organization was established in 2014. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., 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. Sivan Fine Arts Academy Inc 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 12/2021, Sivan Fine Arts Academy Inc generated $5.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.9%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TRAINING AND PERFORMANCE AT CLEVELAND: TRAINING OF CHILDREN OF AGE 6-18 YEARS TO PERFORM INDIAN CLASICAL MUSICBENEFITS ABOUT 160 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karthikeyan Shivaraman President | 5 | $0 | |
Ashok Ramani Secretary | 10 | $0 | |
Anand Anandan Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,320 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,325 |
| 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 | $0 |
| Other expenses | $13,233 |
| Total expenses | $13,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,926 |
| Other assets | $0 |
| Total assets | $51,926 |
| Total liabilities | $8,439 |
| Net assets or fund balances | $43,487 |
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