Jiva Performing Arts Inc
Nonprofit profile at a glance
- EIN
- 262267712
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2012
- Location
- Long Island City, NY, USA
- Phone
- 6462517463
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $182,205
- Expenses
- $129,065
- Assets
- $326,862
- Liabilities
- $4,889
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RUDRANI BANIK (PRESIDENT)
People named in this filing
- NITHYA SHARMA (SECRETARY)
- MIRNA MOHANRAJ (TREASURER)
- RUDRANI BANIK (PRESIDENT)
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
Jiva performing arts exists to promote the classical arts of india in the us, specifically indian classical music and dance. Jiva was formed in 2007 in New York city. Through innovative performances, classes, workshops, lecture demonstrations and a strong arts-in-education base, we strive to encourage the growth of the classical arts of india in the us. We create engaging and rich performances, which employ modern media including film, photography and spoken word, as well as dialogue with world music and dance genres, thereby increasing the appreciation and accessibility of these timeless arts.
What it reported doing in 2024
Jiva performing arts inc. Promotes the classical arts of india in the us, specifically indian classical music and dance through innovative performances, classes, workshops, lecture demonstrations and a strong arts-in-education base.form 990-ez, part iii, line 28 expenses: salaries, compensation $45,833occupancy, rent, utilities $ 41,060other expenses (per sch o) $ 42,171
Operating model
- Revenue model
- Donor-supported. 71% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68%; rating input score 68
- Program expense ratio: 96%; rating input score 96
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: 29.2%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 2.53; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 35.5%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 3.8% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 68% of revenue deployed · 96% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $124K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 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 — Sustainability: Officer compensation ratio scored 9/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.