Indian Cultural Association Of Minnesota
- Assets
- $43.7k
- Revenue
- $49.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- Data as of
- 12/2022
- EIN
- 85-0982505
Organization Overview
Indian Cultural Association Of Minnesota is located in Rochester, MN. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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 Association Of Minnesota 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 Association Of Minnesota generated $49.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $3.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO HINDU SAMAJ TEMPLE FOR DIWALI FESTIVAL
DONATION TO INTERCULTURAL MUTUAL ASSISTANCE ASSOCIATION IMAA FOR THEIR PEARL GALA THEY RAISE MONEY AND HELP REFUGEES AND VICTIMS OF HUMAN TRAFFICKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ajay Singh President | 0 | $0 | |
Alka Mehra Vice President | 10 | $0 | |
Verna A Simon Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,261 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $769 |
| Printing and publications | $825 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,594 |
| Contributions, gifts, grants paid | $1,975 |
| Total expenses and disbursements | $3,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,707 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $38,000 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $43,707 |
| Accounts payable and accrued expenses | $5,707 |
| Grants payable | $38,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,707 |
Grants Awarded
Over the last fiscal year, Indian Cultural Association Of Minnesota has awarded $16,895 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COVID RELIEF OC AKNAMED PURPOSE: TO PURCHASE OXYGEN CONCENTRATORS | $16,545 |
IMAA INTERCULTURAL MUTUAL ASSISTANC PURPOSE: SUPPORT FOR MULTICULTURAL PROGRAMS | $250 |
MONALISA HETCHLER PURPOSE: ENCOURAGING AND REWARDING PEOPLE FOR GETTING VACCINATED | $100 |