RAGA MASSIVE INC

EIN: 473876402 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$323,178
Total Expenses
$459,698
Total Assets
$13,364
Net Assets
$-6,636
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
NEEL MURGAI
Phone
3472654613
Tax Period
2023-01-01 to 2023-12-31

RAGA MASSIVE INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $323K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $460K exceeded revenue, resulting in a 42% operating deficit.

Mission

ARTS, CULTURAL ORGANIZATION-PERFORMING ARTS- MUSIC

Program Service Accomplishments

Program 1
Expenses: $355,983 Revenue: $123,331

Promotion of south asian classical music

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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 $199,847
Program Service Revenue $123,903
Investment Income $0
Other Revenue $-572
TOTAL REVENUE $323,178

Expense Breakdown

Grants Paid $300
Salaries & Benefits $16,100
Fundraising Expenses $41,385
Program Expenses $355,983
Other Expenses $443,298
TOTAL EXPENSES $459,698

Year-over-Year Comparison

2023 2022 Change
Revenue $323,178 $453,484 -0.3%
Expenses $459,698 $359,196 +0.3%
Net Income $-136,520 $94,288 -2.4%
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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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
4

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
$37,903
Total Directors
5
$40,704
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Neel Murgai Board Treasurer 30.00
Officer Director
$20,353 $0 $20,353
Arun Ramamurthy Board Member 1.00
Director
$20,351 $0 $20,351
Praveen Ramamurthy Executive Director 30.00
Officer
$17,550 $0 $17,550
Anna Hammond Board Chair 1.00
Officer Director
$0 $0 $0
Seema Pandya Board Secratary 1.00
Officer Director
$0 $0 $0
Niru Hedge Board Member 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
2024 No data No data No data No data
2023 $323,178 $459,698 $13,364 $-136,520
2023 $410,789 $426,544 $119,129 $-15,755
2022 $374,053 $360,444 $49,205 $13,609
2022 $453,484 $359,196 $134,884 $94,288
2021 $224,726 $257,634 $35,596 $-32,908
2020 $278,583 $219,715 $63,269 $58,868
2019 $155,684 $161,338 $7,630 $-5,654
2018 $166,684 $177,873 $11,458 $-11,189
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