LAYYASAARAM INSTITUTE OFINDIAN ARTS (EIN 454747927) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

SRIRAM IYER

Tax Period

2023-01-01 to 2023-12-31

LAYYASAARAM INSTITUTE OFINDIAN ARTS, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $76K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $67K left a modest 13% surplus.

Mission

THE ORGANIZATION SHALL ENDEAVOR TO CONDUCT, ORGANIZE AND PROVIDE MUSIC AND DANCE PERFORMANCES OF LOCAL AND VISITING ARTISTS AND MUSICIANS. ORGANIZE EVENTS TO SPREAD AWARENESS ABOUT THE ARTS AND CULTURE OF INDIA. TO FACILITATE AND CONDUCT TRAINING AND OUTREACH PROGRAMS, LECTURES, DEMONSTRATIONS AND WORKSHOPS RELATED TO INDIAN CULTURE AND TRADITION IN RELATION TO CLASSICAL MUSIC AND DANCE. PUBLISH ORIGINAL MATERIAL TO SPREAD AWARENESS OF INDIAN MUSIC AND ARTS, AND COLLABORATE WITH REGIONAL, NATIONAL AND INTERNATIONAL ORGANIZATIONS. INVITE RECOGNIZED ARTISTS FROM INDIA AND CONDUCT CONCERT TOURS AND CULTURAL EXCHANGE PROGRAMS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $52,129

Program Service Revenue $23,965

Investment Income $0

Other Revenue $0

TOTAL REVENUE $76,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,940

Other Expenses $66,566

TOTAL EXPENSES $66,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,094	$80,204	-0.1%
Expenses	$66,566	$81,936	-0.2%
Net Income	$9,528	$-1,732	-6.5%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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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
RAMACHANDRAN GURUMOORTHY	DIRECTOR	N/A	Director	$0	$0	$0
SRIRAM IYER	PRESIDENT	3.50	Director	$0	$0	$0
JOE LANG	DIRECTOR	N/A	Director	$0	$0	$0
VIJAY RAMANATHAN	TREASURER	0.50	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
2024	No data	No data	No data	No data
2023	$76,094	$66,566	$39,127	$9,528
2022	$80,204	$81,936	$28,515	$-1,732
2021	$70,300	$54,848	$30,865	$15,452
2020	$48,501	$60,325	$14,624	$-11,824
2019	$92,396	$90,897	$28,257	$1,499
2018	$46,454	$43,670	$24,593	$2,784

LAYYASAARAM INSTITUTE OFINDIAN ARTS