AMERICAN INST OF INDIAN STUDIES

EIN: 236297039 501(c)(3) Social Science

OAKBROOK TERRACE, IL

Total Revenue
$4,510,756
Total Expenses
$2,600,702
Total Assets
$14,792,460
Net Assets
$10,997,178
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
IL
Principal Officer
SUMATHI RAMASWAMY
Phone
9523931077
Tax Period
2024-07-01 to 2025-06-30

American Institute of Indian Studies, founded in 1961, is a community nonprofit in the Social Science sector that reported $3.9M in total revenue in fiscal year 2018. Revenue decreased 19% compared to the prior year. Net assets of $9.4M represent 29 months of operating reserves.

Mission

DEDICATED TO THE ADVANCEMENT OF KNOWLEDGE ABOUT INDIA AND THE PROMOTION OF INTELLECTUAL ENGAGEMENT WITH INDIA IN AMERICAN UNIVERSITIES BY PROVIDING RESEARCH FELLOWSHIP SUPPORT, TRAINING IN INDIAN LANGUAGES, KNOWLEDGE OF INDIAN CULTURE, AND SUPPORTING PUBLICATIONS ABOUT INDIA.

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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 $3,307,269
Program Service Revenue $0
Investment Income $954,115
Other Revenue $249,372
TOTAL REVENUE $4,510,756

Expense Breakdown

Grants Paid $606,743
Salaries & Benefits $404,265
Fundraising Expenses $67,980
Program Expenses $1,992,135
Other Expenses $1,589,694
TOTAL EXPENSES $2,600,702

Year-over-Year Comparison

2024 2023 Change
Revenue $4,510,756 $3,356,740 +0.3%
Expenses $2,600,702 $2,717,296 0.0%
Net Income $1,910,054 $639,444 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
1
Volunteers
122

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
4
$0
Total Directors
13
$73,803
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELISE AUERBACH US DIRECTOR 40.00
$84,380 $0 $84,380
PURNIMA MEHTA INDIA DIRECT 40.00
Director
$73,803 $0 $73,803
JAYSON BEASTER-JONES TRUSTEE 1.00
Director
$0 $0 $0
INDRANI CHATTERJEE TRUSTEE 1.00
Director
$0 $0 $0
TEJASWINI GANTI TRUSTEE 1.00
Director
$0 $0 $0
SUNILA KALE TRUSTEE 1.00
Director
$0 $0 $0
HARSHITA MRUTHINTI KAMATH TRUSTEE 1.00
Director
$0 $0 $0
PHILIP LUTGENDORF CHAIRMAN 1.00
Officer Director
$0 $0 $0
AFSAR MOHAMMAD TRUSTEE 1.00
Director
$0 $0 $0
SARAH PINTO TRUSTEE 1.00
Director
$0 $0 $0
SUMATHI RAMASWAMY PRESIDENT 2.00
Officer Director
$0 $0 $0
EMILY ROOK-KOEPSEL EXECUTIVE DI 40.00
Director
$0 $0 $0
RASHMI SADANA TRUSTEE 1.00
Director
$0 $0 $0
MARTHA SELBY TRUSTEE 1.00
Director
$0 $0 $0
SIDDHARTH CHANDRA TREASURER 2.00
Officer
$0 $0 $0
PETER SCHMITTHENNER SECRETARY 1.00
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
2025 $4,510,756 $2,600,702 $14,792,460 $1,910,054
2024 $3,356,740 $2,717,296 $12,882,114 $639,444
2023 $2,544,941 $2,957,209 $12,337,553 $-412,268
2022 $3,232,042 $2,453,285 $13,107,714 $778,757
2021 $2,270,356 $1,690,119 $12,892,516 $580,237
2020 $4,630,415 $4,121,015 $12,331,424 $509,400
2019 $3,931,649 $3,891,258 $12,775,980 $40,391
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