Folk Arts Rajasthan Inc
Nonprofit profile at a glance
- EIN
- 202025437
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 6464362210
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $93,733
- Expenses
- $123,813
- Assets
- $133,836
- Liabilities
- $13,585
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KAREN LUKAS (EXECUTIVE DIRECTOR - TREASURER)
People named in this filing
- JEANNE FEENEY (BOARD CHAIR)
- JAMES DAUKAS (SECRETARY)
- KAREN LUKAS (EXECUTIVE DIRECTOR - TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Ich music preservation-education
What it reported doing in 2024
Musical narrative project/mnp focuses on merasi documenting their cultural heritage through storytelling, media, and acquiring community data. (continued on schedule o)
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- Program expense ratio: 72.2%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -32.1%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 1.08; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 45.8%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -0.1% per year; rating input score 0; 48th percentile among comparable filings
- Revenue growth: -1.7% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 95.4% of revenue deployed · 72.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $89K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.