Karnataka Cultural Association Of Southern California
- Assets
- $148.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cerritos, CA
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 95-3872468
Organization Overview
Karnataka Cultural Association Of Southern California is located in Cerritos, CA. The organization was established in 2007. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karnataka Cultural Association Of Southern California 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 12/2023, Karnataka Cultural Association Of Southern California generated $164.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $211.7k during the year ending 12/2023. While expenses have increased by 42.8% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT CULTURAL AND CHARITABLE PROGRAMS FOR THE BENEFIT OF THE INDIAN COMMUNITY IN SOUTHERN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3
GANESHOTSAVA
PICNIC, CONCERT DAY, CHILDREN'S DAY
NATAKOTSAVA
UGADI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ananth Prasad President | 8 | $0 | |
Murali Bl Vice President | 8 | $0 | |
Rajeev Seetharam Secretary | 8 | $0 | |
Divyananda Swamy Treasurer | 8 | $0 | |
Aravind Ramaswamy Treasurer | 8 | $0 | |
Umesh Satyanarayan Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,884 |
| Total Program Service Revenue | $158,332 |
| Membership dues | $0 |
| Investment income | $1,112 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$364 |
| Other Revenue | $0 |
| Total Revenue | $163,964 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $211,730 |
| Total expenses | $211,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,927 |
| Other assets | $0 |
| Total assets | $148,927 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,927 |