Indian Performing Arts Samskriti

Analysis

Indian Performing Arts Samskriti is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in December 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indian Performing Arts Samskriti reported income of $136k and spending of $81k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $136k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indian Performing Arts Samskriti sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Cross Roads Retreat & Conference Center Inc ($136k), Institute for Young Dramatic Voices Inc ($136k) and The Grand Foundation Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.