CHHANDAYAN INC

EIN: 113429169 501(c)(3) Education

NEW YORK, NY

Total Revenue
$452,575
Total Expenses
$414,768
Total Assets
$188,685
Net Assets
$178,685
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Principal Officer
SAMIR CHATTERJEE
Phone
6462814062
Tax Period
2024-01-01 to 2024-12-31

CHHANDAYAN INC, founded in 1998, is a small nonprofit in the Education sector that reported $453K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $415K left a modest 8% surplus.

Mission

Chhandayan's mission is to preserve and propagate the rich tradition of Indian classical music and dance.

Program Service Accomplishments

Program 1
Expenses: $176,312

Chhandayan also offers lessons, classes, workshops, seminars and lecture-demonstrations related to Indian music and dance. The total number of lessons, classes, workshops, seminars and lecture...

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Chhandayan also offers lessons, classes, workshops, seminars and lecture-demonstrations related to Indian music and dance. The total number of lessons, classes, workshops, seminars and lecture demonstrations offered were over 250. These were attended by over 600 students of different age groups, coming from different ethnic and financial backgrounds. As a resource to the learning process, Chhandayan supplies with books CDs, DVDs and musical instruments. To this effect, Chhandayan also regularly comes out with it own plublication of books, CDs, DVDs and other similar materials pertaining to the information, preservation and propagation of Indian music and dance.

Program 2
Expenses: $134,638

Towards the accomplishment of its mission, Chhandayan presents series of concerts in NY, NJ MD, VA and PA. Chhandayan also sends out musicians to perform for other organizations in the USA. In our...

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Towards the accomplishment of its mission, Chhandayan presents series of concerts in NY, NJ MD, VA and PA. Chhandayan also sends out musicians to perform for other organizations in the USA. In our concerts we feature maestros and emerging talents. Through exposure to indian music and dance, Chhandayan is creating awareness of this art form as a world cultural heritage, which has helped human civiliation to sustain itself over the past five thousand years. These concerts are attended by diverse population of different age groups and coming from different racial and ethnic backgrounds. We also keep special provision for disabled, seniors and low income members of our society. In order to maintain authenticity and high standard of these events, Chhandayan sponsors accomplished musicians from India.Concerts presented 45; Creative performing Artists 150; participating audience more than 10,000Form 990 Part III Line 2 and Part XI no. 9 In 2021 Chhandayan was able to conduct some Charity service to support the family of artist effected by pandemic.Form 990 Part VI Line 11b Form Review ProcessReview reported is issued by Certified Public Accountant. Form 990 Part VI Line 19 Documents are made available upon request.

Program 3
Expenses: $9,617

Chhandayan encourages and supports people involved in the pursuit of Indian Music and dance. This is done by giving out scholarships and also through other means, such as offering space for lessons...

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Chhandayan encourages and supports people involved in the pursuit of Indian Music and dance. This is done by giving out scholarships and also through other means, such as offering space for lessons, practie and reahearsals. Chhandayan also helops out affiliated musicians and dancers and their families in moments of need.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,183
Program Service Revenue $340,725
Investment Income $1,454
Other Revenue $13,213
TOTAL REVENUE $452,575

Expense Breakdown

Grants Paid $2,192
Salaries & Benefits $22,323
Fundraising Expenses $580
Program Expenses $320,567
Other Expenses $390,253
TOTAL EXPENSES $414,768

Year-over-Year Comparison

2024 2023 Change
Revenue $452,575 $290,551 +0.6%
Expenses $414,768 $260,303 +0.6%
Net Income $37,807 $30,248 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
13
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAMIR CHATTERJEE President 30.00
Officer Director
$0 $0 $0
DEBU NAYAK Vice President 4.00
Officer Director
$0 $0 $0
XANDER NAYLOR Secretary 5.00
Officer
$0 $0 $0
AMITABHA BOSE Treasurer 8.00
Officer
$0 $0 $0
TEJAS TOPE Director 3.00
Officer
$0 $0 $0
NOELINA ARCENEAGAS Director 3.00
Officer
$0 $0 $0
RENU NAHATA Director 2.00
Officer
$0 $0 $0
SUBHAMITRA DUTTA Director 2.00
Officer
$0 $0 $0
DIBYARKA CHATTERJEE Director 2.00
Officer
$0 $0 $0
MAULIK MEHTA Director 2.00
Officer
$0 $0 $0
JAMES BAKER Director 3.00
Officer
$0 $0 $0
NARASIMHA RAO PEDDADA Director 3.00
Officer
$0 $0 $0
ABHIK MUKHERJEE Director 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $452,575 $414,768 $188,685 $37,807
2023 $290,551 $260,303 $156,492 $30,248
2022 $239,661 $193,537 $126,244 $46,124
2021 $121,388 $96,602 $80,120 $24,786
2020 $126,312 $111,579 $53,345 $14,733
2019 $233,048 $249,497 $35,487 $-16,449
2018 $289,983 $288,038 $56,436 $1,945
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