Marathi Kala Mandal is located in Potomac, MD. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marathi Kala Mandal 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, Marathi Kala Mandal generated $162.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $161.7k during the year ending 12/2023. While expenses have increased by 6.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RELIGIOUS AND CULTURAL ACTIVITIES TO PROMOTE MARATHI CULTURE WITHIN DC METRO AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sheetal Karle Treasurer | 2 | $0 | |
Aniruddha Bhakre President | 10 | $0 | |
Swapna Karandikar Joint Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,323 |
Total Program Service Revenue | $96,345 |
Membership dues | $35,175 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $27,568 |
Total Revenue | $162,411 |
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 | $4,451 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $157,251 |
Total expenses | $161,702 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $123,364 |
Other assets | $0 |
Total assets | $123,364 |
Total liabilities | $3,771 |
Net assets or fund balances | $119,593 |