School of World Music & Dance
Nonprofit profile at a glance
- EIN
- 611597539
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Novi, MI, USA
- Phone
- 2487674409
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $8,859
- Expenses
- $10,539
- Assets
- $9,633
- Liabilities
- $8,859
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Lalitha Ramamoorthy (President)
- Sashikiran Narasimhan (Vice President)
People named in this filing
- Lalitha Ramamoorthy (President)
- Ravi Gopal (Treasurer)
- Sashikiran Narasimhan (Vice 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
Our mission is to establish a premier educational program dedicated to teaching and nurturing students in different forms of world music and dance, organize cultural events in our community focusing on music and dance art forms throughout the world, and to provide financial assistance to deserving students and teachers to further education in music and dance.
What it reported doing in 2024
Instruction of students in Carnatic (South Indian classical music) and Bharathanatyam (South Indian classical dance) to presrve these traditions and to further their education in music and dance.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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: 25
- Growth: 0
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: -19%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.92; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 84.1%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -17% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: -18.2% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -6.6% per year; rating input score 0; 21st 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 · $11K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2014 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 24/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.