Nuv Yug Cultural Organization
Nonprofit profile at a glance
- EIN
- 050545220
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2010, Form 990-EZ 2024
- Location
- Raleigh, NC, USA
- Phone
- 9192289867
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $51,448
- Expenses
- $55,871
- Assets
- $33,133
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Ujjwal Srivastava (President and Trustee)
- Ashish Pancholi (Vice President, Treasurer)
- Pritika De (Vice President)
- Harshad Kolte (Vice President)
People named in this filing
- Ujjwal Srivastava (President and Trustee)
- Ashish Pancholi (Vice President, Treasurer)
- Richa Kapoor (VP Cultural Programs and Trustee)
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
To promote awareness of Indian Cultural Arts
What it reported doing in 2024
During the financial year 2024-2025, Nuv Yug India Fest was held during March 22 at the Jim Graham Building, State Fairgrounds, Raleigh. This event included over 1200 artists and attracted over 9,000 attendees. Free admission was offered to all attendees.
Operating model
- Revenue model
- Earned-program. 73% 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
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: 100
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -8.6%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -6.2% per year; rating input score 0; 33rd percentile among comparable filings
- Revenue growth: -5.3% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: 1.3% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.