Rasika Society For Arts Of India
- Assets
- $169.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Hillsboro, OR
- Founding
- 02/2000
- Data as of
- 05/2022
- EIN
- 93-1266917
Organization Overview
Rasika Society For Arts Of India is located in Hillsboro, OR. The organization was established in 2000. 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. As of 05/2022, Rasika Society For Arts Of India employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rasika Society For Arts Of India 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 05/2022, Rasika Society For Arts Of India generated $83.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $76.1k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
RASIKA GENERALLY PRESENTS MUSIC AND DANCE CONCERTS, AND HOWEVER DUE TO COVID, SOME OF THE CONCERTS PRESENTED WERE THROUGH ZOOM (LEC DEMS) AND FACEBOOK LIVE STREAMING. RASIKA COLLABORATED WITH RURAL OREGON PRESENTERS TO PRESENT AND BROADCAST VIRTUAL EVENTS FREE TO PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayanthi Raman Season Curator And Technical Program Coordinator | 25 | $5,900 | |
Ramkumar Vaidyanathan Secretary | 2 | $0 | |
Raman Srinivasan President | 17 | $0 | |
Ramu Kailasam Finance/tax Consultant | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,162 |
| Total Program Service Revenue | $11,619 |
| Membership dues | $0 |
| Investment income | $348 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,129 |
| 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 | $41,183 |
| Occupancy, rent, utilities, and maintenance | $27,153 |
| Printing, publications, postage, and shipping | $306 |
| Other expenses | $7,464 |
| Total expenses | $76,106 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,039 |
| Other assets | $0 |
| Total assets | $169,401 |
| Total liabilities | $56,790 |
| Net assets or fund balances | $112,611 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rasika Society For Arts Of India has recieved totaling $62,199.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Arts Education | $35,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $27,199 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Destination Crenshaw Los Angeles, CA | $35,511,106 | $11,299,025 |
The Epoch Times Media Group Los Angeles El Monte, CA | $739,683 | $7,015,472 |
Priddy Family Foundation Las Vegas, NV | $28,899,625 | $10,430,994 |
Napa Valley Festival Association Walnut Creek, CA | $13,659,159 | $11,728,133 |
Brothers For Life Seattle, WA | $4,440,367 | $6,321,338 |
Apano Communities United Fund Portland, OR | $4,683,636 | $5,442,613 |
Puente De La Costa Sur Pescadero, CA | $6,663,176 | $5,921,974 |
San Francisco Japanese School San Francisco, CA | $7,835,658 | $4,070,640 |
Native Arts And Cultures Foundation Inc Portland, OR | $23,796,396 | $14,906,833 |
Japanese American Cultural And Community Center Los Angeles, CA | $13,866,059 | $4,524,826 |
Silicon Andhra Milpitas, CA | $6,902,831 | $4,723,243 |
Little Italy Association Of San Diego San Diego, CA | $1,240,601 | $3,253,229 |