SURATI FOR PERFORMING ARTS INC

EIN: 461212380 501(c)(3) Arts, Culture & Humanities

JERSEY CITY, NJ

Total Revenue
$240,472
Total Expenses
$238,614
Total Assets
$25,248
Net Assets
$24,248
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
RIMLI ROY
Phone
2013498883
Tax Period
2024-01-01 to 2024-12-31

SURATI FOR PERFORMING ARTS INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $240K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE PERFORMING ARTS AND ARTIST AND DISSEMINATE KNOWLEDGE OF THE ARTS THROUGH PERFORMANCES, SYTAGED PRODUCTIONS, WORKSHOPS, CLASSES, EVENTS, PROJECTS, LECTURES AND DEMONSTRATION

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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 $75,251
Program Service Revenue $165,048
Investment Income $1
Other Revenue $172
TOTAL REVENUE $240,472

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,481
Fundraising Expenses $0
Program Expenses $223,340
Other Expenses $209,133
TOTAL EXPENSES $238,614

Year-over-Year Comparison

2024 2023 Change
Revenue $240,472 $189,407 +0.3%
Expenses $238,614 $227,500 +0.0%
Net Income $1,858 $-38,093 -1.0%
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

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

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Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
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
1
$27,200
Total Directors
8
$27,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RIMLI ROY PRESIDENT 20.00
Officer Director
$27,200 $0 $27,200
SUMMIT ROY TREASURER 1.00
Director
$0 $0 $0
ABHA CHANDRA TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE HIRSH TRUSTEE 1.00
Director
$0 $0 $0
MUNISH MAHAJAN TRUSTEE 1.00
Director
$0 $0 $0
PARAG AMIN TRUSTEE 1.00
Director
$0 $0 $0
MALVINDER BHATIA TRUSTEE 1.00
Director
$0 $0 $0
SUKUMAR HALDER TRUSTEE 1.00
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 No data No data No data No data
2024 $240,472 $238,614 $25,248 $1,858
2023 $189,407 $227,500 $24,669 $-38,093
2022 $217,812 $237,566 $61,542 $-19,754
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