INDO AMERICAN ARTS COUNCIL INC (EIN 134015646) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Phone

2126848603

Tax Period

2024-07-01 to 2025-06-30

INDO AMERICAN ARTS COUNCIL INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $367K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $703K exceeded revenue, resulting in a 92% operating deficit.

Mission

PROMOTING AND BUILDING THE AWARENESS, CREATION, PRODUCTION, EXHIBITION,PUBLICATION AND PERFORMANCE OF INDIAN AND CROSS CULTURAL ART FORMS IN NORTH AMERICA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $338,228

Program Service Revenue $28,690

Investment Income $15

Other Revenue $0

TOTAL REVENUE $366,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $496,534

Program Expenses $130,288

Other Expenses $703,414

TOTAL EXPENSES $703,414

Year-over-Year Comparison

	2024	2023	Change
Revenue	$366,933	$303,111	+0.2%
Expenses	$703,414	$624,512	+0.1%
Net Income	$-336,481	$-321,401	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR NIRMAL MATTOO	CHAIRMAN	15.00	Director	$0	$0	$0
RAKESH KAUL	VICE CHAIRMAN	25.00	Director	$0	$0	$0
ANIL BANSAL	DIRECTOR	5.00	Director	$0	$0	$0
RAJEEV KAUL	SECRETARY	25.00	Director	$0	$0	$0
JYOTI MENON	DIRECTOR	5.00	Director	$0	$0	$0
YAKUB MATHEW	DIRECTOR	5.00	Director	$0	$0	$0
MATHEW VEEDON	DIRECTOR	5.00	Director	$0	$0	$0
AMJAD ALI KHAN	BOARD MEMBER	0.00	Director	$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
2025	$366,933	$703,414	$211,017	$-336,481
2024	$303,111	$624,512	$163,467	$-321,401
2023	$787,241	$893,080	$71,724	$-105,839
2022	$663,718	$231,265	$177,563	$432,453
2021	$154,244	$115,376	$52,414	$38,868
2020	$86,897	$147,629	$2,546	$-60,732
2019	$239,834	$255,941	$9,134	$-16,107

INDO AMERICAN ARTS COUNCIL INC