Leela Foundation Inc
Nonprofit profile at a glance
- EIN
- 834017316
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Cary, NC, USA
- Phone
- 9103916807
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $58,224
- Expenses
- $44,426
- Assets
- $51,881
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- Mini Ranganathan (Chair)
- Sampada Agarwal (Director)
- Mehul Desai (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Primary objective is to create an artistic ecosystem to support the learning that happens in the community in dance, music and visual arts. We do this through Education addressed through the number of workshops we offer on an ongoing basis and with visiting master artists.Through Performances of exceptional artists to motivate and inspire students and provide them with a goal to advance their own engagement with their art form at whatever stage of learning they are at. Through Outreach, done through panel discussion with arts leaders, artist and students, through Fireside Chats and Demonstrations in public spaces like public libraries, Corporate venues with intention of reaching new audiences and expanding our own reach.
What it reported doing in 2025
Through performances, we have served approximately 1900 Adults and 800 children and Young Adults. Through workshops, we have served approximately 200 adults and 100 children in dance, 100 adults in visual arts, and 50 children. Ongoing programs: Dance - 50 sessions annually (4 classes per month) Music - 50 sessions annually (4 classes per month) Visual arts - virtual sessions between 2020 - 2024 - 20 sessions annually (on average, 2 classes per month) & In person since 2023 - 34 sessions annually (3 master intensives + 4 workshops + community outreach events -6 + Community arts Exhibition for 3 weeks). Details of the programs are: Technique Enhancement Program for the Indian classical dance, Bharata Natyam conducted by Sankhya Dance Company led by Vaibav Arekar. It started in May 2020. Carnatic Vocal Initiative for Carnatic music led by Anugrah Lakshmana and his mentor Jayashree Aravind. It started in January 2025. Visual Arts: Visual Arts Program was begun in June 2020 through virtual workshops. Since 2024 summer, two in-person events are hosted in visual arts: Master intensives and workshops by Master visual artists who come from India. Community Art Exhibition of the Triangle Area for artists and their students. Dance Performances by established visiting artists and emerging artists. This program has been initiated since August 2020, first virtually through its Baithak Series and Legacy Series. Since 2023, in-person performances and workshops by these visiting artists.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 96% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 65
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.3%; rating input score 76
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.7%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 76.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $44K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.