Regional Indo American Cultural Center
- Assets
- $343.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingsport, TN
- Founding
- 04/2004
- Data as of
- 12/2022
- EIN
- 62-1497843
Organization Overview
Regional Indo American Cultural Center is located in Kingsport, TN. The organization was established in 2004. According to its NTEE Classification (X70) the organization is classified as: Hinduism, 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. Regional Indo American Cultural Center 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, Regional Indo American Cultural Center generated $120.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $68.2k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
ANNIVERSARY/NAVRATRI/DIWALI -START OF INDIAN FESTIVE SEASON EXPENSES, 200 PEOPLE ATTENDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Manoj Srinath Trustee Of Board | 2 | $0 | |
Darshan Shah Trustee Of Board | 2 | $0 | |
Ashok Mehta Trustee Of Board | 2 | $0 | |
Atul Shukla Secretary Of Board Of Trustee | 4 | $0 | |
Jay Mehta Trustee Of Board | 1 | $0 | |
Puneet Goenka Trustee Of Board | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,186 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,710 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,301 |
| Other Revenue | $0 |
| Total Revenue | $120,255 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,321 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $15,474 |
| Printing, publications, postage, and shipping | $617 |
| Other expenses | $15,774 |
| Total expenses | $68,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $280,536 |
| Other assets | $0 |
| Total assets | $343,919 |
| Total liabilities | $0 |
| Net assets or fund balances | $343,919 |