Swaravedika
- Assets
- $70.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2016
- Data as of
- 04/2024
- EIN
- 81-2634665
Organization Overview
Swaravedika is located in Minneapolis, MN. The organization was established in 2016. 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. Swaravedika 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 04/2024, Swaravedika generated $77.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $45.5k during the year ending 04/2024. While expenses have increased by 39.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
CULTURAL ARTISTS PERFORMANCE AND DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kamalakar Kanajam President President | 5 | $0 | |
Krishna Anumolu Director/ Chairman | 5 | $0 | |
Soujanya Vemulapati Director | 3 | $0 | |
Veera Bhadram Danturthi Trustee | 10 | $0 | |
Sirisha Malladi Director | 3 | $0 | |
Akhila Mamandur Director/ President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,350 |
| 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 | $77,350 |
| 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 | $4,200 |
| Occupancy, rent, utilities, and maintenance | $7,501 |
| Printing, publications, postage, and shipping | $852 |
| Other expenses | $32,942 |
| Total expenses | $45,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,773 |
| Other assets | $0 |
| Total assets | $70,348 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,348 |