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← RA-VE CULTURAL FOUNDATION INC

Form 990 for tax year 2022

Filed by RA-VE CULTURAL FOUNDATION INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2022 , filed 26 January 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$243,809 changed to $308,448
Total expenses
$184,878 changed to $249,517
Contributions and grants received
$273,060 changed to $307,541
Program service revenue
$16,543 changed to $0
Other revenue
-$45,991 changed to $710
Program services expenses
$108,678 changed to $108,677
Management and general expenses
$76,200 changed to $140,840
Program service expenses (Part III)
$108,678 changed to $108,677

Totals

Total revenue
$243,809
Total expenses
$184,878
Contributions and grants received
$273,060
Grants paid
$0
Program service revenue
$16,543
Investment income
$197
Other revenue
-$45,991
Total assets, end of year
$158,087
Total liabilities, end of year
$12,158
Net assets or fund balances, end of year
$145,929
Program services expenses (Part IX)
$108,678
Management and general expenses
$76,200
Fundraising expenses
$0
Program service expenses (Part III)
$108,678

Program services were 58.8% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $15,250

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $20,000

  • 1f · All other contributions, gifts and grants

    $237,810

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Promoters of Performing Arts Sports and Similar Events without Facilities

    total $9,255 · related or exempt $9,255 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Promoters of Performing Arts Sports and Similar Events without Facilities

    total $7,288 · related or exempt $7,288 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $197 · related or exempt $0 · unrelated business $197 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $18,650 · personal property $0

  • 6b · Less rental expenses

    real property $64,641 · personal property $0

  • 6c · Rental income or loss

    real property -$45,991 · personal property $0

  • 6d · Net rental income or loss

    total -$45,991 · related or exempt -$45,991 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $33,165 · program services $0 · management and general $33,165 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $3,553 · program services $0 · management and general $3,553 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $27,504 · program services $0 · management and general $27,504 · fundraising $0

  • 12 · Advertising and promotion

    total $23,108 · program services $23,108 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $9,937 · program services $0 · management and general $9,937 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Program Expenses

    total $82,994 · program services $82,994 · management and general $0 · fundraising $0

  • 24b · Other expenses: Accounting fee

    total $201 · program services $0 · management and general $201 · fundraising $0

  • 24c · Other expenses: Attorney and Legal fee

    total $810 · program services $0 · management and general $810 · fundraising $0

  • 24d · Other expenses: Community Collaboration

    total $2,576 · program services $2,576 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $1,030 · program services $0 · management and general $1,030 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $90,787 · end of year $158,087

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,789 · end of year $12,158

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $86,998 · end of year $145,929

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

Ra-Ve Cultural Foundation Inc is a non-profit 501C3 organization based in the Northwest Arkansas region and founded in 2018. The mission of Ra-Ve Cultural Foundation Inc is to bring Indian Performing Arts with an emphasis on the classical genre to the forefront of the Northwest Arkansas Area. The organization seeks to achieve this by educating and inspiring people to learn teach and sustain Indian Performing Arts in NWA.

  • Indian classical dance Bharathanatyam Classical Carnatic Vocal music workshops were conducted by professional artists. These workshops were open to the NWA community. Local professional artists were invited to perform in events organized by Ra-Ve.

    Expenses $96,618 · Revenue $9,255

  • Music Dance Yoga Musical Instruments Classes

    Expenses $12,060 · Revenue -$38,703

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nandhini Varadaraj

    President and Board Director

    Total calculated
    $0
    Hours/week
    3
  • Arun Gopinath

    Vice President Board Director

    Total calculated
    $0
    Hours/week
    2
  • Smitha Kartik

    Secretary Board Director

    Total calculated
    $0
    Hours/week
    3
  • Satish Ramani

    Treasurer Board Director

    Total calculated
    $0
    Hours/week
    3
  • Scott Galbraith

    Board Director

    Total calculated
    $0
    Hours/week
    3
  • Srividya Venkatasubramanya

    Executive Director

    Total calculated
    $18,750
    From this org
    $18,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    20
  • Harinivasini Jayachandran

    Community Outreach Coordinator

    Total calculated
    $3,609
    From this org
    $3,609
    From related orgs
    $0
    Other
    $0
    Hours/week
    9
  • Andrew J Rowe

    Communications Director

    Total calculated
    $3,840
    From this org
    $3,840
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Karthika Mohan Sheela

    HR and Marketing Coordinator

    Total calculated
    $4,145
    From this org
    $4,145
    From related orgs
    $0
    Other
    $0
    Hours/week
    11

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
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202311359349300311

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