Jiva Performing Arts
- Assets
- $272.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 26-2267712
Organization Overview
Jiva Performing Arts is located in Long Island City, NY. The organization was established in 2010. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Jiva Performing Arts 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, Jiva Performing Arts generated $162.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $108.5k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 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 Program Activity:
Part 3
JIVA PERFORMING ARTS INC. PROMOTES THE CLASSICAL ARTS OF INDIA IN THE US, SPECIFICALLY INDIAN CLASSICAL MUSIC AND DANCE THROUGH INNOVATIVE PERFORMANCES, CLASSES, WORKSHOPS, LECTURE DEMONSTRATIONS AND A STRONG ARTS-IN-EDUCATION BASE.FORM 990-EZ, PART III, LINE 28 EXPENSES:SALARIES, COMPENSATION $50,000OCCUPANCY, RENT, UTILITIES $ 21,406PRINTING, PUBLICATION $ 35OTHER EXPENSES (PER SCH O) $ 33,374
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nithya Sharma Secretary | 0.5 | $0 | |
Mirna Mohanraj Treasurer | 0.5 | $0 | |
Rudrani Banik President | 0.5 | $0 | |
Sonali Skandan Artistic Director | 40 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,858 |
| Total Program Service Revenue | $47,239 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,097 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,000 |
| Professional fees and other payments to independent contractors | $3,683 |
| Occupancy, rent, utilities, and maintenance | $21,406 |
| Printing, publications, postage, and shipping | $35 |
| Other expenses | $33,374 |
| Total expenses | $108,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,396 |
| Other assets | $0 |
| Total assets | $272,706 |
| Total liabilities | $3,873 |
| Net assets or fund balances | $268,833 |