Sangam Arts
- Assets
- $765.0k
- Revenue
- $787.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Saratoga, CA
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-3114496
Organization Overview
Sangam Arts is located in Saratoga, CA. The organization was established in 2014. According to its NTEE Classification (A62) the organization is classified as: Dance, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Sangam Arts employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sangam Arts 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, Sangam Arts generated $787.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 54.2% each year . All expenses for the organization totaled $404.6k during the year ending 12/2021. While expenses have increased by 45.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO PROVIDE AN INNOVATIVE PLATFORM FOR ARTISTS FROM DIVERSE BACKGROUNDS TO COME TOGETHER TO COLLABORATE AND CO-CREATE WORLD-CLASS MUSIC AND DANCE PERFORMANCES. WE ARE FOCUSED ON STRENGTHENING RAPIDLY DIVERSIFYING COMMUNITIES ACROSS US THROUGH MULTICULTURAL COLLABORATIVE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOSAIC AMERICA IS A GRASSROOTS INITIATIVE LAUNCHED BY SANGAM ARTS TO HELP STRENGTHEN OUR RAPIDLY DIVERSIFYING COMMUNITIES THROUGH COLLABORATIVE, MULTICULTURAL ARTS.OUR FOCUS IS TO CREATE AND NURTURE STRONG INTERCULTURAL CONNECTIONS BETWEEN THE MANY VIBRANT CULTURES IN THE US THROUGH VISUAL AND PERFORMING ARTS.BY LAUNCHING LOCAL INITIATIVES, LIKE MOSAIC SILICON VALLEY, WE HELP CREATE PERFORMANCES THAT REFLECT THE UNIQUE CULTURAL AND ARTISTIC MAKEUP OF COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Usha Srinivasan President & CEO | OfficerTrustee | 30 | $0 |
Priya Das Creative Direct | OfficerTrustee | 20 | $0 |
Suyasha Alve Secretary | Trustee | 20 | $0 |
Aparna Srinivasan CFO | Trustee | 10 | $0 |
Kapil Bhatnagar Treasurer | Trustee | 10 | $0 |
Ginger Lai Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $648,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $723,571 |
| Total Program Service Revenue | $63,555 |
| Investment income | $0 |
| 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 | $787,162 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,400 |
| 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 | $330,419 |
| Advertising and promotion | $25,454 |
| Office expenses | $2,282 |
| Information technology | $8,778 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $390 |
| 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 | $0 |
| Insurance | $940 |
| All other expenses | $0 |
| Total functional expenses | $404,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,042 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $765,042 |
| Accounts payable and accrued expenses | $4,737 |
| 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 | $1 |
| Total liabilities | $4,738 |
| Net assets without donor restrictions | $760,304 |
| Net assets with donor restrictions | $0 |
| 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 | $765,042 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sangam Arts has recieved totaling $133,042.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $84,209 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Arts & Culture | $35,833 |
Silicon Valley Creates San Jose, CA PURPOSE: SUPPORT THE EXEMPT PURPOSE OPERATIONS OF THE ORGANIZATION | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Odc San Francisco, CA | $18,884,256 | $5,963,077 |
Alonzo King Lines Ballet San Francisco, CA | $9,671,611 | $7,182,657 |
Nevada Ballet Theatre Las Vegas, NV | $11,399,340 | $6,401,211 |
Western Wall And Ceiling Contractors Association Inc Orange, CA | $12,806,461 | $4,913,418 |
Dancers Group San Francisco, CA | $3,102,725 | $3,484,368 |
A Step Beyond Escondido, CA | $1,957,071 | $1,242,678 |
Bodyvox Inc Portland, OR | $418,420 | $1,456,446 |
Shawl-Anderson Modern Dance Center Berkeley, CA | $2,755,170 | $1,018,727 |
The Dance Brigade A New Group From Wallflower Order San Francisco, CA | $2,045,783 | $2,040,710 |
Project Bandaloop Oakland, CA | $698,917 | $1,438,352 |
San Jose Dance Theatre San Jose, CA | $606,131 | $1,282,889 |
Axis Dance Company Berkeley, CA | $1,958,637 | $1,069,011 |