Rajaveena School Of Music Foundation
- Assets
- $217.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 26-2434349
Organization Overview
Rajaveena School Of Music Foundation is located in Naperville, IL. The organization was established in 2008. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Rajaveena School Of Music Foundation 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 12/2021, Rajaveena School Of Music Foundation generated $95.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $78.7k during the year ending 12/2021. While expenses have increased by 17.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
MUSIC SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rajeswari Pariti Instructor | 25 | $36,643 | |
Ravikumar V Pariti Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $95,748 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,748 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,110 |
| Salaries, other compensation, and employee benefits | $39,643 |
| Professional fees and other payments to independent contractors | $23,585 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,316 |
| Total expenses | $78,654 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $211,304 |
| Other assets | $0 |
| Total assets | $217,180 |
| Total liabilities | $548 |
| Net assets or fund balances | $216,632 |
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