Skip to content
Nonprofiteer
← SOUTH ASIA INSTITUTE

Form 990 for tax year 2024

Filed by SOUTH ASIA INSTITUTE.

Totals

Total revenue
$474,021
Total expenses
$476,442
Contributions and grants received
$382,524
Grants paid
$0
Program service revenue
$91,497
Investment income
$0
Other revenue
$0
Total assets, end of year
$7,198,601
Total liabilities, end of year
$7,874,239
Net assets or fund balances, end of year
-$675,638
Program services expenses (Part IX)
$476,442
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$476,442

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $8,700

  • 1f · All other contributions, gifts and grants

    $373,824

  • 1g · Noncash contributions included above

    $108,523

  • 2a · Program service revenue: ADMISSIONS, EVENTS, ET

    total $91,497 · related or exempt $91,497

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $46,569 · program services $46,569

  • 11g · Fees: other

    total $67,704 · program services $67,704

  • 12 · Advertising and promotion

    total $8,420 · program services $8,420

  • 13 · Office expenses

    total $41,704 · program services $41,704

  • 16 · Occupancy

    total $25,835 · program services $25,835

  • 17 · Travel

    total $24,095 · program services $24,095

  • 23 · Insurance

    total $20,298 · program services $20,298

  • 24a · Other expenses: PROGRAM EXPENSES

    total $241,817 · program services $241,817

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $148,441 · end of year $2,506

  • 9 · Prepaid expenses and deferred charges

    beginning of year $103,082 · end of year $97,783

  • 10a · Land, buildings and equipment: cost or other basis

    $7,261,216

  • 10b · Land, buildings and equipment: accumulated depreciation

    $311,717

  • 10c · Land, buildings and equipment, net

    beginning of year $6,949,499 · end of year $6,949,499

  • 11 · Investments: publicly traded securities

    end of year $148,813

  • 22 · Loans and payables to officers and key people

    beginning of year $7,874,239 · end of year $7,874,239

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$673,217 · end of year -$675,638

Mission and programs · 2024

Mission

FOSTER ART, CULTURE OF SOUTH ASIA

  • FOSTER ART, CULTURE OF SOUTH ASIA

    Expenses $476,442 · Revenue $91,497

As filed on the 2024 return.

Listed in Part VII

  • Afzal Ahmad

    PRESIDENT

    Total calculated
    $0
    Hours/week
    50
  • Shireen Ahmad

    SECRETARY

    Total calculated
    $0
    Hours/week
    50
  • Deepanjana Klein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sairah Alvi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Azra Raza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Omer Ahmad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
27 February 2025
IRS schema version
2024v5.0
Source object
202520619349300007

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.