Kalanidhi Dance Inc
Nonprofit profile at a glance
- EIN
- 521757848
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Bethesda, MD, USA
- Phone
- 2023613067
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $537,193
- Expenses
- $615,648
- Assets
- $1,063,455
- Liabilities
- $78,667
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- ALKA KHANNA (VICE-CHAIRP)
- ANISHA ABRAHAM (DIRECTOR)
- RAJIV DEWAN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kalanidhi dance is an internationally renowned dance institution committed to the preservation, promotion, and education of the south indian classical dance style of kuchipudi. Kalanidhi dance's vision is to promote kuchipudi indian classical dance and make it an integral part of the american performance arts landscape. Kalanidhi dance is committed to the preservation, promotion and education of kuchipudi, an indian classical dance style that originated in the state of andhra pradesh in india. The organization inspires appreciation for kuchipudi dance through artistic excellence, creative performances, high quality educational programs, and innovative collaborations. The organization does this by creating original artistic work that remains authentic to the kuchipudi style; pushing the boundaries of kuchipudi through collaborations with local and international artists and across genres; attracting students at an early age and helping them reach their full potential through rigorous ins
What it reported doing in 2024
Dance school and teaching : kalanidhi dance is an internationally renowned dance institution committed to the preservation, promotion, and education of the south indian classical dance style of kuchipudi. Kalanidhi dance's vision is to promote kuchipudi indian classical dance and make it an integral part of the american performance arts landscape.the organization does this by creating original artistic work that remains authentic to the kuchipudi style; pushing the boundaries of kuchipudi through collaborations with local and international artists and across genres; attracting students at an early age and helping them reach their full potential through rigorous instruction; and empowering dancers to become professional artists through enrichment programs.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.9%; rating input score 74
- Program expense ratio: 61.8%; rating input score 62
- Fundraising efficiency: $1.66 raised per $1 spent on fundraising; rating input score 5; 5th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 22nd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -14.6%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 1.73; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 73.9% of revenue deployed · 61.8% of spending went to programs
- Governance: 8 of 9 board members independent · 6 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $381K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Fundraising efficiency scored 5/100.
- High — Sustainability: Operating margin scored 13/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.