Sruti India Music & Dance Society

Analysis

Sruti India Music & Dance Society is a registered charity in United States, based in Audubon, PA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sruti India Music & Dance Society reported income of $117k and spending of $118k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $117k (-0.4%), an average of -0.4% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sruti India Music & Dance Society sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Evergreen Productions Inc ($117k), Ocean City Historical Museum Inc ($117k) and Vidyaranya Kannada Kuta ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. At year end it held assets of $312k against liabilities of $0, net assets of $312k.