RASIKA SOCIETY FOR ARTS OF INDIA (EIN 931266917) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Raman Srinivasan

Phone

5037019746

Tax Period

2023-06-01 to 2024-05-31

RASIKA SOCIETY FOR ARTS OF INDIA, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $487K in total revenue in fiscal year 2023. Revenue surged 219% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 21% operating margin.

Mission

Rasika primary exempt purpose is to promote, present and educate the public on the arts and culture of India in the State of Oregon. This is accomplished by presenting lecture demonstrations, workshops and presentation of folk and classical music of India and dance concerts by master artists from India and other local Indian artists resident in Oregon and from all over the US. The distinguishing feature of this organization is its mission to provide education/outreach of the Indian arts and culture. The reported fiscal year is RASIKA 25th Anniversary year and special concert was arranged to celebrate 25 years of achievements!!

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $204,660

Program Service Revenue $281,901

Investment Income $500

Other Revenue $0

TOTAL REVENUE $487,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,801

Fundraising Expenses $0

Program Expenses $382,522

Other Expenses $380,461

TOTAL EXPENSES $386,262

Year-over-Year Comparison

	2023	2022	Change
Revenue	$487,061	$152,634	+2.2%
Expenses	$386,262	$129,644	+2.0%
Net Income	$100,799	$22,990	+3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

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
Ramkumar Vaidyanathan	Secretary	1	Director	$0	$0	$0
Raman Srinivasan	President	10	Director	$0	$0	$0
Ramu Kailasam	Finance/Tax consultant	1	Director	$0	$0	$0
Raj Reddy	Web Master	1	Director	$0	$0	$0
Vishwa Gadamanagu	Board member at large	1	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	$487,061	$386,262	$313,143	$100,799

RASIKA SOCIETY FOR ARTS OF INDIA