INDIA CULTURAL CENTER OF GREENWICH INC

EIN: 461158798 501(c)(3) Arts, Culture & Humanities

RIVERSIDE, CT

Total Revenue
$297,425
Total Expenses
$245,486
Total Assets
$489,892
Net Assets
$474,427
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CT
Phone
9149674249
Tax Period
2023-01-01 to 2023-12-31

INDIA CULTURAL CENTER OF GREENWICH INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $297K in total revenue in fiscal year 2023. The organization ran a surplus of $52K, a strong 17% operating margin.

Mission

INDIA CULTURAL CENTER GREENWICH IS A NON-PROFIT ORGANIZATION THAT CELEBRATES THE ARTS AND CULTURE OF INDIA. ITS MISSION IS TO FOSTER INCLUSION BY EDUCATING AND ENGAGING THE COMMUNITY IN INDIAN CULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $242,718
Program Service Revenue $36,627
Investment Income $6,641
Other Revenue $11,439
TOTAL REVENUE $297,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $99,663
Fundraising Expenses $0
Program Expenses $191,061
Other Expenses $145,823
TOTAL EXPENSES $245,486

Year-over-Year Comparison

2023 2022 Change
Revenue $297,425 $309,334 0.0%
Expenses $245,486 $231,301 +0.1%
Net Income $51,939 $78,033 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
N/A

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
16
$0
Total Directors
1
$120,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE FRENCH Director 40.00
Director
$120,000 $0 $120,000
MEERA GILBERT BOARD MEMBER 2.50
Officer
$0 $0 $0
MUDITA BHARGAVA BOARD MEMBER 2.50
Officer
$0 $0 $0
MANJU CURRY BOARD MEMBER 2.50
Officer
$0 $0 $0
IPASHRI BHARTI BOARD MEMBER 2.50
Officer
$0 $0 $0
ADITI DAVRAY BOARD MEMBER 2.50
Officer
$0 $0 $0
CHITRA DHAKAD BOARD MEMBER 2.50
Officer
$0 $0 $0
NAMITA MANI BOARD MEMBER 2.50
Officer
$0 $0 $0
SURBHI MEHTA BOARD MEMBER 2.50
Officer
$0 $0 $0
RATNA SUBRAHMANYAM Vice President 2.50
Officer
$0 $0 $0
MIRA MUHTADIE BOARD MEMEBER 2.50
Officer
$0 $0 $0
ALKA THUKRAL President 2.50
Officer
$0 $0 $0
AYA DESIMONE Secretary 2.50
Officer
$0 $0 $0
VALERIE JAISWAL Treasurer 2.50
Officer
$0 $0 $0
NITIN JINDAL BOARD MEMBER 2.50
Officer
$0 $0 $0
SAIRA RIZVI BOARD MEMBER 2.50
Officer
$0 $0 $0
AMY BEDI BOARD MEMBER 2.50
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 No data No data No data No data
2023 $297,425 $245,486 $489,892 $51,939
2022 $309,334 $231,301 $425,593 $78,033
2021 $384,337 $184,457 $345,389 $199,880
2020 $188,186 $220,688 $155,704 $-32,502
2019 $221,663 $225,332 $167,373 $-3,669
2018 $217,676 $245,547 $171,042 $-27,871
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