Rangoli Foundation For Art And Culture
- Assets
- $57.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- 12/1993
- Data as of
- 12/2022
- EIN
- 95-4443724
Organization Overview
Rangoli Foundation For Art And Culture is located in Sherman Oaks, CA. The organization was established in 1993. 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. Rangoli Foundation For Art And Culture 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, Rangoli Foundation For Art And Culture generated $53.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $51.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 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
PERFRANGOLI FOUNDATION FOR ART & CULTURE SCHEDULE 2 YEAR ENDING DEC 31, 2022/ TAX ID 95 4443724 PERFORMANCE HISTORY & ACTIVITIES OCTOBER 2, 2022 VIJAYADASHAMI CELEBRATIONS AND PERFORMANCE BY RANGOLI DANCERS 50 PEOPLE ATTENDED NO ADMISSION FEE OCTOBER 1, 2022 GUEST SPEAKER - MALATHI IYENGAR LOYOLA MARYMOUNT UNIVERSITY UBEROI FOUNDATION - ANNUAL MEETING & CONFERENCE INDIA RELIGIONS AND THE PERFORMATIVE ARTS 60 PEOPLE ATTENDED APRIL 2, 2022 RDC PERFORMANCE - MAHADEVA SHIVA SHAMBHO PALM SPRINGS INTERNATIONAL DANCE FESTIVAL611 SOUTH PALM CANYON DRIVE PALM SPRINGS, CA 100 PEOPLE ATTENDED FEBRUARY 28, 2022 PERFORMANCE BY RANGOLI DANCE COMPANY - MAHADEVA SHIVA SHAMBHO MALIBU HINDU TEMPLE1600 LAS VIRGENES CANYON ROAD, CALABASAS, CA 200 PEOPLE ATTENDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malathi Iynegar Director | 20 | $0 | |
Dr Suresh Iynegar Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,092 |
| Total Program Service Revenue | $27,855 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,947 |
| 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 | $2,726 |
| Occupancy, rent, utilities, and maintenance | $250 |
| Printing, publications, postage, and shipping | $3,421 |
| Other expenses | $45,549 |
| Total expenses | $51,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,443 |
| Other assets | $0 |
| Total assets | $57,030 |
| Total liabilities | $99,403 |
| Net assets or fund balances | -$42,373 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rangoli Foundation For Art And Culture has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Norton Simon Art Foundation Pasadena, CA | $402,690,558 | $10,441,452 |
Reut Usa Woodland Hills, CA | $1,442,535 | $3,682,077 |
Laurie C Mcgrath Foundation San Diego, CA | $66,075,096 | $62,426,346 |
Armenian Educational Foundation Inc Glendale, CA | $5,680,253 | $2,130,869 |
William And Joanne Miller Charitable Trust Simi Valley, CA | $69,537,632 | $4,537,991 |
Latino Public Broadcasting Los Angeles, CA | $1,965,169 | $2,106,064 |
Hack The Hood Inc Oakland, CA | $1,558,755 | $1,730,354 |
Womans Club Of Hollywood Los Angeles, CA | $248,203 | $0 |
Diablo Regional Arts Association Walnut Creek, CA | $3,333,800 | $1,541,851 |
Jack Van Sickle Foundation Reno, NV | $9,650,730 | $1,661,273 |
Foundation Of Palm Springs Unified School District Palm Springs, CA | $3,246,098 | $1,243,965 |
Trichell Family Foundation Bakersfield, CA | $14,378,452 | $28,165 |