Indian Classical Music Circle
- Assets
- $53.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 11/1989
- Data as of
- 12/2023
- EIN
- 75-2267758
Organization Overview
Indian Classical Music Circle is located in Plano, TX. The organization was established in 1989. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Indian Classical Music Circle 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, Indian Classical Music Circle generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $21.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 years. 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
PROVIDED MULTIPLE MUSIC PROGRAMS IN A YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mihir Patel President | 2 | $0 | |
Laxman Subramanian Secretary | 1 | $0 | |
Vrashank Shukla Treasurer | 1 | $0 | |
Shantanu Bhattacharya Trustee | 1 | $0 | |
Dr Ajay Agarwala Trustee | 1 | $0 | |
Kristi Barrus Advisory Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,741 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $726 |
| Other Revenue | $0 |
| Total Revenue | $17,473 |
| 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 | $388 |
| Other expenses | $20,905 |
| Total expenses | $21,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,802 |
| Other assets | $0 |
| Total assets | $53,802 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,802 |