Damodaran Foundation Inc
- Assets
- $791.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montpelier, VA
- Founding
- 08/2014
- Data as of
- 06/2022
- EIN
- 80-0757469
Organization Overview
Damodaran Foundation Inc is located in Montpelier, VA. The organization was established in 2014. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Damodaran Foundation Inc 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 06/2022, Damodaran Foundation Inc generated $2.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $3.2k during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ajit Damodaran President/tr | 0 | $0 | |
Sharmila Damodaran Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,500 |
| 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 | $2,980 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $260 |
| Total expenses | $3,240 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252 |
| Other assets | $0 |
| Total assets | $791 |
| Total liabilities | $496 |
| Net assets or fund balances | $295 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For The Arts Inc Louisville, KY | $9,833,007 | $6,108,558 |
Mid Atlantic Arts Inc Baltimore, MD | $4,986,510 | $4,229,657 |
Virginia Foundation For The Humanities And Public Policy Charlottesville, VA | $13,497,972 | $6,667,303 |
Millennium Water Alliance Washington, DC | $3,039,056 | $3,946,433 |
Americans For Public Trust Alexandria, VA | $249,074 | $3,628,537 |
Sarcoma Foundation Of America Inc Damascus, MD | $9,642,356 | $3,973,362 |
Memphis Museums Inc Memphis, TN | $7,243,926 | $3,293,679 |
Artsbuild Chattanooga, TN | $20,819,407 | $7,133,514 |
William R Kenan Jr Fund For The Arts Chapel Hill, NC | $30,178,263 | $1,461,510 |
Foundation For Advancement In Conservation Washington, DC | $8,492,434 | $1,990,883 |
Walter Kaitz Foundation Washington, DC | $4,291,830 | $1,584,583 |
Casey Cares Foundation Inc Columbia, MD | $1,991,956 | $2,113,967 |