Form 990 for tax year 2024
Filed by AMERICAN INSTITUTE OF INDIAN STUDIES UNIVERSITY OF CHICAGO.
Totals
- Total revenue
- $4,510,756
- Total expenses
- $2,600,702
- Contributions and grants received
- $3,307,269
- Grants paid
- $606,743
- Program service revenue
- $0
- Investment income
- $954,115
- Other revenue
- $249,372
- Total assets, end of year
- $14,792,460
- Total liabilities, end of year
- $3,795,282
- Net assets or fund balances, end of year
- $10,997,178
- Program services expenses (Part IX)
- $1,992,135
- Management and general expenses
- $540,587
- Fundraising expenses
- $67,980
- Program service expenses (Part III)
- $1,992,135
Program services were 76.6% 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.
-
1b · Membership dues
$80,488
-
1e · Government grants (contributions)
$1,198,064
-
1f · All other contributions, gifts and grants
$2,028,717
-
1g · Noncash contributions included above
$5,257
-
3 · Investment income
total $927,619 · excluded $927,619
-
6a · Gross rents
real property $249,372
-
6c · Rental income or loss
real property $249,372
-
6d · Net rental income or loss
total $249,372 · excluded $249,372
-
7a · Gross sales of assets other than inventory
securities $125,295
-
7b · Less cost or other basis and sales expenses
securities $98,799
-
7c · Gain or loss
securities $26,496
-
7d · Net gain or loss
total $26,496 · excluded $26,496
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $107,360 · program services $107,360
-
3 · Grants to foreign organizations and individuals
total $499,383 · program services $499,383
-
5 · Compensation of officers, directors and key employees
total $117,256 · program services $105,531 · fundraising $11,725
-
6 · Compensation of disqualified persons
total $101,440 · program services $71,007 · management and general $20,288 · fundraising $10,145
-
7 · Other salaries and wages
total $185,569 · program services $129,897 · management and general $55,672
-
11c · Fees: accounting
total $27,561 · management and general $27,561
-
11g · Fees: other
total $46,110 · fundraising $46,110
-
13 · Office expenses
total $96,439 · program services $835 · management and general $95,604
-
16 · Occupancy
total $18,822 · management and general $18,822
-
17 · Travel
total $6,950 · program services $3,014 · management and general $3,936
-
19 · Conferences, conventions and meetings
total $49,413 · program services $22,552 · management and general $26,861
-
22 · Depreciation, depletion and amortization
total $55,464 · management and general $55,464
-
24a · Other expenses: SCHOLARLY RESEARCH PROJ
total $1,044,297 · program services $1,044,297
-
24b · Other expenses: GENERAL ADMIN EXPENSE
total $177,887 · management and general $177,887
-
24c · Other expenses: SUPPLIES
total $26,841 · program services $869 · management and general $25,972
-
24d · Other expenses: EQUIPMENT EXPENSE
total $24,784 · program services $1,212 · management and general $23,572
-
24e · All other expenses
total $15,126 · program services $6,178 · management and general $8,948
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $95,264 · end of year $1,045,399
-
2 · Savings and temporary cash investments
beginning of year $6,724,284 · end of year $6,421,324
-
10a · Land, buildings and equipment: cost or other basis
$4,660,880
-
10b · Land, buildings and equipment: accumulated depreciation
$4,177,380
-
10c · Land, buildings and equipment, net
beginning of year $522,344 · end of year $483,500
-
11 · Investments: publicly traded securities
beginning of year $5,334,938 · end of year $6,707,165
-
15 · Other assets
beginning of year $205,284 · end of year $135,072
-
25 · Other liabilities
beginning of year $3,598,085 · end of year $3,795,282
-
27 · Net assets without donor restrictions
beginning of year $780,303 · end of year $753,070
-
28 · Net assets with donor restrictions
beginning of year $8,503,726 · end of year $10,244,108
Mission and programs · 2024
Mission
DEDICATED TO THE ADVANCEMENT OF KNOWLEDGE ABOUT INDIA AND THE PROMOTION OF INTELLECTUAL ENGAGEMENT WITH INDIA IN AMERICAN UNIVERSITIES BY PROVIDING RESEARCH FELLOWSHIP SUPPORT, TRAINING IN INDIAN LANGUAGES, KNOWLEDGE OF INDIAN CULTURE, AND SUPPORTING PUBLICATIONS ABOUT INDIA.
-
STUDY OF INDIAN CULTURE AND CIVILIZATION, AWARDING FELLOWSHIPS TO SUPPORT RESEARCH AND STUDY.
Expenses $1,992,135 · Grants $606,743
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Elise AuerbachELISE AUERBACH
US DIRECTOR
- Total calculated
- $84,380
- From this org
- $84,380
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $84,380
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $84,380
-
Purnima MehtaPURNIMA MEHTA
INDIA DIRECT
- Total calculated
- $73,803
- From this org
- $73,803
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jayson Beaster-JonesJAYSON BEASTER-JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Indrani ChatterjeeINDRANI CHATTERJEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tejaswini GantiTEJASWINI GANTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sunila KaleSUNILA KALE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Harshita Mruthinti KamathHARSHITA MRUTHINTI KAMATH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Philip LutgendorfPHILIP LUTGENDORF
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Afsar MohammadAFSAR MOHAMMAD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah PintoSARAH PINTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sumathi RamaswamySUMATHI RAMASWAMY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Emily Rook-KoepselEMILY ROOK-KOEPSEL
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 40
-
Rashmi SadanaRASHMI SADANA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Martha SelbyMARTHA SELBY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Siddharth ChandraSIDDHARTH CHANDRA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Peter SchmitthennerPETER SCHMITTHENNER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2026
- IRS schema version
- 2024v5.0
- Source object
- 202601339349303090
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