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 12/2023, Rangoli Foundation For Art And Culture generated $84.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $70.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) 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
2023
Describe the Organization's Program Activity:
Part 3
PERFRANGOLI FOUNDATION FOR ART & CULTURE SCHEDULE 2 YEAR ENDING DEC 31, 2023/ TAX ID 95 4443724 PERFORMANCE HISTORY & ACTIVITIES APRIL 22, 2023 HOLI MUSIC AND DANCE CELEBRATIONS ORGANIZED BY THE DEPARTMENT OF CULTURAL AFFAIRS CITY OF LOS ANGELES 300 PEOPLE ATTENDED NO ADMISSION FEE MAY 7, 2023 SAN PEDRO WATERFRONT ARTS DISTRICT PRESENTS CULTURE TALKS ARTS APPRECIATION FOR THE CULTURALLY CURIOS 150 PEOPLE ATTENDED ADMISSION FEE - $12 - $15 JUNE 3, 2023 AN EVENING OF BHARATANATYAM BY RANGOLI DANCE COMPANY 250 PEOPLE ATTENDED ADMISSION FEE - $20 - $30 OCTOBER 24, 2023 VIJAYADASHAMI CELEBRATIONS HINDU TEMPLE OF SOUTHERN CALIFORNIA 100 PEOPLE ATTENDED NO ADMISSION FEE NOVEMBER 18, 2023 RANGOLI 40 LAUNCH A COMMUNITY GATHERING OF ARTISTS, DANCERS, MUSICIANS, SUPPORTERS, & FAMILIES 80 PEOPLE ATTENDED NO ADMISSION FEE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Malathi Iynegar Director | 20 | $0 | |
Dr Suresh Iynegar Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $42,235 |
Total Program Service Revenue | $38,575 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,045 |
Total Revenue | $84,855 |
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 | $5,386 |
Occupancy, rent, utilities, and maintenance | $1,145 |
Printing, publications, postage, and shipping | $3,921 |
Other expenses | $60,089 |
Total expenses | $70,541 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $27,337 |
Other assets | $0 |
Total assets | $70,919 |
Total liabilities | $98,978 |
Net assets or fund balances | -$28,059 |