RA-VE CULTURAL FOUNDATION INC

EIN: 825302001 501(c)(3) Arts, Culture & Humanities

BENTONVILLE, AR

Total Revenue
$345,683
Total Expenses
$235,949
Total Assets
$194,056
Net Assets
$189,964
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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
AR
Principal Officer
Satish Ramani
Phone
4792832138
Tax Period
2025-01-01 to 2025-12-31

RA-VE CULTURAL FOUNDATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $178K in total revenue in fiscal year 2021. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 27% operating margin.

Mission

Ra-Ve Cultural Foundation Inc is a non-profit 501C3 organization based in the Northwest Arkansas region and founded in 2018. The mission of Ra-Ve Cultural Foundation Inc is to bring Indian Performing Arts with an emphasis on the classical genre to the forefront of the Northwest Arkansas Area. The organization seeks to achieve this by educating and inspiring people to learn teach and sustain Indian Performing Arts in NWA.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $282,584
Program Service Revenue $42,317
Investment Income $387
Other Revenue $20,395
TOTAL REVENUE $345,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,526
Fundraising Expenses $2,176
Program Expenses $144,802
Other Expenses $186,423
TOTAL EXPENSES $235,949

Year-over-Year Comparison

2025 2024 Change
Revenue $345,683 $309,801 +0.1%
Expenses $235,949 $291,288 -0.2%
Net Income $109,734 $18,513 +4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
N/A
Employees
5
Volunteers
3

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
0
$0
Total Directors
6
$0
Key Employees
5
$45,407
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Satish Ramani President Board Director 3.00
Director
$0 $0 $0
Arun Gopinath Vice President Board Director 3.00
Director
$0 $0 $0
Nandhini Varadaraj Treasurer Board Director 3.00
Director
$0 $0 $0
Tom Hoehn Board Director 3.00
Director
$0 $0 $0
Prathap Velavaluri Sekhar Board Director 3.00
Director
$0 $0 $0
Tim Malone Board Director 3.00
Director
$0 $0 $0
Srividya Venkatasubramanya Executive Director 10.00
Key Emp Highest
$11,999 $0 $11,999
Harinivasini Jayachandran Community Outreach Coordinator 18.60
Key Emp
$15,875 $0 $15,875
Kai Drachenberg Marketing Director 6.20
Key Emp
$5,185 $0 $5,185
Karthika Mohan Sheela HR and Logistics Coordinator 8.00
Key Emp
$6,230 $0 $6,230
Vinitha Vijayam Ramakrishnan Development Coordinator 7.80
Key Emp
$6,118 $0 $6,118
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 $345,683 $235,949 $194,056 $109,734
2024 $309,801 $291,288 $83,390 $18,513
2023 $195,135 $279,345 $66,147 $-84,210
2022 $308,448 $249,517 $158,087 $58,931
2022 $243,809 $184,878 $158,087 $58,931
2021 $177,954 $130,259 $90,787 $47,695
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