Indian Cultural Heritage Foundation
- Assets
- $156.7k
- Revenue
- $293.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 75-2590667
Organization Overview
Indian Cultural Heritage Foundation is located in Dallas, TX. The organization was established in 1996. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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 Cultural Heritage Foundation 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, Indian Cultural Heritage Foundation generated $293.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $274.3k during the year ending 12/2022. While expenses have increased by 5.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ICHF'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE INTERCULTURAL AWARENESS BY PROVIDING A PLATFORM FOR THE INTERACTION BETWEEN INDIAN AND AMERICAN CULTURES THROUGH WORKSHOPS, PRESENTATIONS, AND PERFORMANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARRANGETRAM AND OTHER PROGRAMS - SEVERAL PROGRAMS INCLUDING TRAINING OF GROUP AND SOLO PRODUCTIONS IN BHARAT NATYAM AND OTHER DANCE STYLES WERE ORGANIZED IN THE DFW METRO AREA.
OFFER MASTER DANCE CLASSES IN BHARAT NATYAM STYLE THROUGHTOUT THE YEAR. DANCE TEACHERS ARE HIRED ON CONTRACT BASIS ACCORDING TO THE NUMBER OF STUDENTS ENROLLED. THE GRANTS DEPEND ON THE NUMBER OF STUDENTS ENROLLED APPROX $40-$50K
CONDUCTING YOGA CLASSES AND WORKSHOPS ESPECIALLY FOR SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suma Kulkarni Executive Dir. | OfficerTrustee | 13 | $17,000 |
Revathi Satyu President | OfficerTrustee | 11 | $3,500 |
Dr Ram Rao Chairman | OfficerTrustee | 1 | $0 |
Dr Padmakar Kulkarni Vice President | OfficerTrustee | 1 | $0 |
Ms Shashi Mariputtana Director | Trustee | 1 | $0 |
Ms Mair Cawston Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,650 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,939 |
| Total Program Service Revenue | $177,481 |
| Investment income | $208 |
| 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 | $293,628 |
| 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. | $20,500 |
| Compensation of current officers, directors, key employees. | $20,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $168 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,496 |
| Travel | $812 |
| 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 | $1,511 |
| All other expenses | $1,562 |
| Total functional expenses | $274,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,739 |
| Savings and temporary cash investments | $130,994 |
| 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 | $156,733 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $156,733 |
| 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 | $156,733 |