Center For Kashmir Inc
- Assets
- $843.6k
- Revenue
- $654.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsville, NY
- Founding
- Data as of
- 12/2021
- EIN
- 85-0588827
Organization Overview
Center For Kashmir Inc is located in Williamsville, NY. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Center For Kashmir 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 12/2021, Center For Kashmir Inc generated $654.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.8% each year . All expenses for the organization totaled $44.6k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH LEARNING CENTERS FOR OPEN AND CROSS-CULTURAL EXCHANGE OF IDEAS ON ART, CULTURE, AND HISTORY OF THE SOUTH ASIAN HIMALAYAN REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DETERMINING LOCATION FOR MUSEUM, SECURING GRANTS FOR ASSOCIATED COSTS, CONSULTING WITH ARCHITECTS AND CONTRACTORS FOR THE PROJECT, TRAINING VOLUNTEERS, AND CREATING POLICIES AND PROCEDURES FOR NEW VENTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Khurshid Guru Chairman | OfficerTrustee | 20 | $0 |
Umar Sayed Treasurer | OfficerTrustee | 10 | $0 |
Altaf Lal Secretary | OfficerTrustee | 5 | $0 |
Lubna Guru Vice Chairman | OfficerTrustee | 10 | $0 |
Idrisa Pandit Board Member | Trustee | 5 | $0 |
Sareer Fazili Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $645,546 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,546 |
| Total Program Service Revenue | $0 |
| Investment income | $6,017 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,237 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $654,800 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,645 |
| Advertising and promotion | $2,200 |
| Office expenses | $2,900 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,974 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,389 |
| All other expenses | $2,387 |
| Total functional expenses | $44,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $709,765 |
| Savings and temporary cash investments | $110 |
| 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 | $10,041 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $123,713 |
| Total assets | $843,629 |
| Accounts payable and accrued expenses | $20,030 |
| 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 | $20,030 |
| Net assets without donor restrictions | $823,599 |
| 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 | $843,629 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Center For Kashmir Inc has recieved totaling $16,126.
| Awarding Organization | Amount |
|---|---|
Rochester Area Community Foundation Depository Inc Rochester, NY PURPOSE: FOR THE MUSEUM FOUNDER CONTRIBUTION | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,984 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS | $120 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |
Isamu Noguchi Foundation And Garden Museum Long Island City, NY | $75,386,214 | $11,184,586 |
Frick Art & Historical Center Inc Pittsburgh, PA | $114,709,586 | $11,420,206 |
Poster House Inc New York, NY | $11,000,245 | $5,591,226 |
The Bellis Blauvelt-Demarest Foundations Inc Bedminster, NJ | $7,657,281 | $1,264,070 |
Queens Museum Of Art New York City Building Queens, NY | $37,385,842 | $4,485,769 |
Parrish Art Museum Inc Water Mill, NY | $42,263,571 | $6,006,161 |
Montclair Art Museum Montclair, NJ | $23,752,572 | $7,870,896 |
New Britain Museum Of American Art Inc New Britain, CT | $48,215,040 | $5,724,995 |