Overview
What is Society For Indo-American Arts?
The Society for Indo-American Arts is a nonprofit organization situated in Houston, Texas, specifically at 3400 Main Street STE 11, 77002. Its primary mission is to foster connections within communities through the expressive mediums of music, dance, and drama. They host full concerts throughout the year at both the MATCH Theater and Stafford Center. Additionally, they offer virtual events as well, expanding their reach beyond physical locations. The organization's purpose is to use these artistic mediums as a means to bring people together and foster a sense of unity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
The Society For Indo-American Arts has received a solid 83% rating, earning a Three-Star designation, which indicates a reliable performance in accountability and finance. The organization boasts a 100% independent board, demonstrating strong governance practices with all board members being independent. Their commitment to financial transparency is evident through the absence of material diversion of assets and the publication of board meeting minutes.
Financially, the Society For Indo-American Arts exhibits a commendable program expense ratio of 99.10%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, a low liabilities to assets ratio of 4.34% suggests a stable financial standing, enhancing the organization’s credibility among donors and stakeholders.
While the organization shows robust governance and financial health, potential supporters may want to consider the scale of impact and specific programs funded by the Society For Indo-American Arts to fully understand its effectiveness in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Society For Indo-American Arts legitimate?
Society For Indo-American Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For Indo-American Arts submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $25,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Society For Indo-American Arts?
The Society for Indo-American Arts, as a mission, aims to foster connections within communities through the medium of arts, specifically music, dance, and drama. They accomplish this objective by hosting full concerts throughout the year at venues such as MATCH Theater and Stafford Center, as well as providing virtual events. The society's primary goal is to use the power of arts as a tool for bridging social gaps and fostering community unity.
What is the revenue of Society For Indo-American Arts?
Society For Indo-American Arts's revenue in 2024 was $210,129.
Who are the executives of Society For Indo-American Arts and what are their salaries?
There 10 volunteers at Society For Indo-American Arts.
Here are 10 key members and their salaries:
- Compensation: $25,000
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Where can I find the form 990 for Society For Indo-American Arts?
Society For Indo-American Arts's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Society For Indo-American Arts
The Society for Indo-American Arts is dedicated to fostering a sense of community through the medium of music, dance, and drama. Their mission is to leverage these artistic forms as a means of bridging cultural divides and bringing people together. By organizing full concerts throughout the year at venues such as MATCH Theater and Stafford Center, as well as offering virtual events, the Society for Indo-American Arts aims to create a platform for artistic expression that transcends boundaries and connects diverse individuals.
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Impact
October, 2024
The Society For Indo-American Arts significantly impacts the Houston community by fostering cultural exchange and unity through artistic expression. Through a year-round series of full concerts held at venues like the MATCH Theater and Stafford Center, the organization cultivates appreciation for diverse forms of music, dance, and drama. These events not only showcase talent but also serve as a platform for connecting various communities, enriching the local cultural landscape. By promoting the arts, the Society plays a vital role in enhancing community engagement, creating shared experiences, and celebrating the rich tapestry of Indo-American culture.
This information is meant to be a general summary of Society For Indo-American Arts. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,557
- Program Service Revenue: $127,863
- Gross Receipts: $210,129
Assets and Liabilities:
- Total Assets: $119,514
- Total Liabilities: $5,200
- Net Assets: $114,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$127,863
Organization Details
Founding Year
2019
Principal Officer
Hari Dayal
NTEE Category
Code: A20 - Arts
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