India Association Of Memphis
- Assets
- $276.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Collierville, TN
- Founding
- 03/1983
- Data as of
- 12/2022
- EIN
- 58-1489754
Organization Overview
India Association Of Memphis is located in Collierville, TN. The organization was established in 1983. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. India Association Of Memphis 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 12/2022, India Association Of Memphis generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.0%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MAJOR EVENT IS THE INDIAFEST WHICH PRESESNT THE CULTURE OF INDIA THROUGHPERFORMANCE, VENDOR BOOTHS, ETHNIC FOOD, EXPOSITION, OUTREACH TO SCHOOLS ETC. TO ROUGHLY 10,000 PLUS VISITORS COMING FROM IN AND AROUNG SHELBY COUNTY. THIS EVENT WAS CANCELLED IN CURRENT YEAR DUE TO COVID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manjit Kaur Trustee And Chairman Of The Board | 2 | $0 | |
Vijay Rawtani Trustee | 1 | $0 | |
Sunil Menothu Treasurer And Trustee | 2 | $0 | |
Vishal Chheda Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,226 |
| Other Revenue | $0 |
| Total Revenue | $3,374 |
| 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 | $1,615 |
| Occupancy, rent, utilities, and maintenance | $2,244 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,334 |
| Total expenses | $16,693 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $276,543 |
| Other assets | $0 |
| Total assets | $276,543 |
| Total liabilities | $0 |
| Net assets or fund balances | $276,543 |