Sruti India Music & Dance Society
- Assets
- $280.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Audubon, PA
- Founding
- 03/1993
- Data as of
- 12/2022
- EIN
- 23-2454367
Organization Overview
Sruti India Music & Dance Society is located in Audubon, PA. The organization was established in 1993. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Sruti India Music & Dance Society 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, Sruti India Music & Dance Society generated $117.3k 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 (4.5%) each year. All expenses for the organization totaled $89.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.7%) 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
SRUTI'S PRINCIPAL MISSION IS TO PROMOTE AND PRESENT INDIAN CLASSICAL MUSIC AND DANCE. IN ADDITION SRUTI SEEKS TO EDUCATE THE PHILADELPHIA COMMUNITY AT LARGE ABOUT INDIAN ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Revathi Subramony President | 10 | $0 | |
Pitchumani Sivakumar President El | 3 | $0 | |
Raji Venkatesan Secretary | 3 | $0 | |
Venkat Kilambi Treasurer | 3 | $0 | |
Balaji Raghothaman Director | 3 | $0 | |
Lata Suresh Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,471 |
| Total Program Service Revenue | $88,807 |
| Membership dues | $0 |
| Investment income | $4,056 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,334 |
| 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 | $2,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,694 |
| Other expenses | $85,428 |
| Total expenses | $89,722 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $277,565 |
| Other assets | $0 |
| Total assets | $280,713 |
| Total liabilities | $0 |
| Net assets or fund balances | $280,713 |