Civic Intelligence

Academy of Indian Music Inc

EIN 16-1666518 • 501(c)3 • S Plainsfield, NJ

Profile

At the Academy of Indian Music AIM you will find purity in all that we do expect teachings of pure classical music Classical Indian dance forms and even yoga. Its the perfect offering of rhythm and harmony- for your mind, body and soul

902 OAK TREE AVE Room 3S Plainsfield, NJ 07080

aimarts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

5.12x

Higher debt load relative to assets than 97% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

2.16x

Higher debt load relative to revenue than 97% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2015

Net Margin

39th percentile

1.5%

Higher net margin than 39% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Source year 2015

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A23 • <$500k nonprofits • Source year 2015

Asset Growth

52nd percentile

2.4%

Faster asset growth than 52% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-52%

Faster revenue growth than 17% of similar nonprofits.

NTEE A23 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$41,830

Up $990 (+2.4%) from 2014

Liabilities

Down

$214,103

Down $493 (-0.2%) from 2014

Net Assets

Up

-$172,273

Up $1,483 (+0.9%) from 2014

Operations
Liabilities / Revenue97th percentileNet Margin39th percentile

Revenue

Down

$99,344

Down $105,681 (-52%) from 2014

Expenses

Down

$97,861

Down $115,528 (-54%) from 2014

Net Income

Up

$1,483

Up $9,847 (+118%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2011: $29,982Liabilities 2011: $154,530Net Assets 2011: -$124,5482011Assets 2012: $29,003Liabilities 2012: $191,184Net Assets 2012: -$162,1812012Assets 2013: $45,242Liabilities 2013: $210,634Net Assets 2013: -$165,3922013Assets 2014: $40,840Liabilities 2014: $214,596Net Assets 2014: -$173,7562014Assets 2015: $41,830Liabilities 2015: $214,103Net Assets 2015: -$172,2732015

Highlighted filing

2015

Assets$41,830
Liabilities$214,103
Net Assets-$172,273
Open 2015 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2011: $349,316Expenses 2011: $377,491Net Income 2011: -$28,1752011Expenses 2012: $353,8772012Expenses 2013: $260,7482013Revenue 2014: $205,025Expenses 2014: $213,389Net Income 2014: -$8,3642014Revenue 2015: $99,344Expenses 2015: $97,861Net Income 2015: $1,4832015

Highlighted filing

2015

Revenue$99,344
Expenses$97,861
Net Income$1,483
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$41,830
Liabilities
$214,103
Net assets
-$172,273
Revenue
$99,344
Expenses
$97,861
Net income
$1,483
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.42$2.14$1.72$0.99$0.98$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.41$2.15$1.74$2.05$2.13$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$2.11$1.65$2.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$1.91$1.62$3.54
2011Summary only. Only limited summary data is available for this year.$0.30$1.55$1.25$3.49$3.77$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 26, 2016
Return Version
2014v6.0
Gross Receipts
$99,344
Mission and Program Overview

Mission

At the Academy of Indian Music AIM you will find purity in all that we do expect teachings of pure classical music Classical Indian dance forms and even yoga. Its the perfect offering of rhythm and harmony- for your mind, body and soul

Academy of Indian Music Inc.AIM was organized in the State of New Jersey Not-for-profit Corporation Law to provide various social services like teaching music and yoga to its community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,483$8,266▼ $1,217
Cash and Non-Interest-Bearing Accounts$7,587$8,221▲ $634
Accounts Receivable$6,375$6,375→ $0
Total Assets$40,840$41,830▲ $990
Other Assets Total$17,395$18,968▲ $1,573
Liabilities
Unsecured Notes Loans Payable$192,098$188,098▼ $4,000
Accounts Payable and Accrued Expenses$22,498$26,005▲ $3,507
Total Liabilities$214,596$214,103▼ $493
Net Assets / Fund Balance
Unrestricted Net Assets$-173,756$-172,273▲ $1,483
Total Net Assets Fund Balance$-173,756$-172,273▲ $1,483
Total Liabilities and Net Assets / Fund Balance$40,840$41,830▲ $990

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$7,518$21,826$29,344
Equipment$748$6,699$7,447
Other Land Buildings-$3,699$3,699
Other Assets Org$16,002--
Compensation and Service Providers
Top Officer Pay91st percentile

Board Members and Trustees

NameTitle
Ravi NarayanswamyPresident
Uma NarashimhanSecetary
Badri NarayanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,098
Program Service Revenue
$84,246
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,098
Change in Net Assets
$1,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,994
Salaries, Compensation, and Employee Benefits$47,867
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$29,062--$29,062
Occupancy$21,262--$21,262
Office Expenses$18,989--$18,989
Other Employee Benefits$16,076--$16,076
Fees for Services Management$3,693--$3,693
Payroll Taxes$2,729--$2,729
Other Expenses$1,750--$1,750
Depreciation Depletion$1,217--$1,217
Fees for Services Accounting-$1,150-$1,150
Insurance$380--$380
Advertising$145--$145
Total Functional Expenses$96,711$1,150$0$97,861
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is revied by the executive committee before a presentation is made to the board of directors which are each given a copy before the meeting is scheduled so that all questions they have can be addressed at that time. The board committee members review the final form 990 before it is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Each board member is asked to sign conflict of interest agreements that are kept at organizations premises. In signing the conflict of interest agreement they are required to disclose any transactions whether present or future that may cause a conflict or interest at the board meetings. If any conflict of interest arises then that board member is prohibited from participating in that board meetings delibration and decision of that transaction”

Form 990, Part VI, Section B, Line 14

“The organization maintains the records for seven years from the date of trnasaction in the digital form. The data is backed up every two weeks on a centralized server”

Form 990, Part VI, Section C, Line 19

“The governing documents are not available to the public.”

Filing and Contact Details

Filer

Filer Name
Academy of Indian Music Inc
EIN
16-1666518
Phone
9082220111
Address
902 OAK TREE AVE Room 3, S PLAINSFIELD, NJ 07080

Signing Officer

Name
Ravi Narayanswamy
Title
President
Signed
2016-03-26
Discuss with paid preparer
No

Organization Details

Principal Officer
Ravi Narayanswamy
Formed
2003
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
4
Employees
4

Preparer

Preparer
Ravi Ramaswamy Cpacgma Cbm
Phone
7323551640
Raw XML Appendix355 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022498
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt026005
IRS990/AccountsReceivableGrp/BOYAmt06375
IRS990/AccountsReceivableGrp/EOYAmt06375
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Academy of Indian Music Inc.AIM was organized in the State of New Jersey Not-for-profit Corporation Law to provide various social services like teaching music and yoga to its community.
IRS990/AdvertisingGrp/ProgramServicesAmt0145
IRS990/AdvertisingGrp/TotalAmt0145
IRS990/AllOtherContributionsAmt015098
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0RAVI NARAYANSWAMY
IRS990/BooksInCareOfDetail/PhoneNum09082220111
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0902 OAK TREE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPLAINSFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007080
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt07587
IRS990/CashNonInterestBearingGrp/EOYAmt08221
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt015098
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt049994
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt084246
IRS990/CYRevenuesLessExpensesAmt01483
IRS990/CYSalariesCompEmpBnftPaidAmt047867
IRS990/CYTotalExpensesAmt097861
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt099344
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01217
IRS990/DepreciationDepletionGrp/TotalAmt01217
IRS990/Desc0To teach Indian music, Dance and Yoga to the community of New Jersey.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt096645
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01150
IRS990/FeesForServicesAccountingGrp/TotalAmt01150
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt03693
IRS990/FeesForServicesManagementGrp/TotalAmt03693
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form720FiledInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8886TFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RAVI NARAYANSWAMY
IRS990/Form990PartVIISectionAGrp/PersonNm1BADRI NARAYAN
IRS990/Form990PartVIISectionAGrp/PersonNm2UMA NARASHIMHAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt099344
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0380
IRS990/InsuranceGrp/TotalAmt0380
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt032224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09483
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08266
IRS990/LandBldgEquipCostOrOtherBssAmt040490
IRS990/LegalDomicileStateCd0NJ
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0At the Academy of Indian Music AIM you will find purity in all that we do expect teachings of pure classical music Classical Indian dance forms and even yoga. Its the perfect offering of rhythm and harmony- for your mind, body and soul
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-173756
IRS990/NetAssetsOrFundBalancesEOYAmt0-172273
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/ProgramServicesAmt021262
IRS990/OccupancyGrp/TotalAmt021262
IRS990/OfficeExpensesGrp/ProgramServicesAmt018989
IRS990/OfficeExpensesGrp/TotalAmt018989
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017395
IRS990/OtherAssetsTotalGrp/EOYAmt018968
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016076
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016076
IRS990/OtherExpensesGrp/Desc0Telephone
IRS990/OtherExpensesGrp/Desc1Show expense
IRS990/OtherExpensesGrp/Desc2Program expense
IRS990/OtherExpensesGrp/ProgramServicesAmt0708
IRS990/OtherExpensesGrp/ProgramServicesAmt1700
IRS990/OtherExpensesGrp/ProgramServicesAmt21750
IRS990/OtherExpensesGrp/TotalAmt0708
IRS990/OtherExpensesGrp/TotalAmt1700
IRS990/OtherExpensesGrp/TotalAmt21750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029062
IRS990/OtherSalariesAndWagesGrp/TotalAmt029062
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt02729
IRS990/PayrollTaxesGrp/TotalAmt02729
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Ravi Narayanswamy
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt084246
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07964
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt078467
IRS990/PYOtherRevenueAmt061154
IRS990/PYProgramServiceRevenueAmt0135907
IRS990/PYRevenuesLessExpensesAmt0-8364
IRS990/PYSalariesCompEmpBnftPaidAmt0134922
IRS990/PYTotalExpensesAmt0213389
IRS990/PYTotalRevenueAmt0205025
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01483
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0143871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0221502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0299644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0772471
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt061154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt036035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016600
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0113789
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87160
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0772471
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0143871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0221502
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0299644
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08110
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0772471
IRS990ScheduleA/TotalSupportAmt0886260
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0748
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06699
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07447
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07518
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt021826
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt029344
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02966
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt116002
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Prepaid
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Employee Advance
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03699
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03699
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08266
IRS990ScheduleD/TotalBookValueOtherAssetsAmt018968
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIED BY THE EXECUTIVE COMMITTEE BEFORE A PRESENTATION IS MADE TO THE BOARD OF DIRECTORS WHICH ARE EACH GIVEN A COPY BEFORE THE MEETING IS SCHEDULED SO THAT ALL QUESTIONS THEY HAVE CAN BE ADDRESSED AT THAT TIME. THE BOARD COMMITTEE MEMBERS REVIEW THE FINAL FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS ASKED TO SIGN CONFLICT OF INTEREST AGREEMENTS THAT ARE KEPT AT ORGANIZATIONS PREMISES. IN SIGNING THE CONFLICT OF INTEREST AGREEMENT THEY ARE REQUIRED TO DISCLOSE ANY TRANSACTIONS WHETHER PRESENT OR FUTURE THAT MAY CAUSE A CONFLICT OR INTEREST AT THE BOARD MEETINGS. IF ANY CONFLICT OF INTEREST ARISES THEN THAT BOARD MEMBER IS PROHIBITED FROM PARTICIPATING IN THAT BOARD MEETINGS DELIBRATION AND DECISION OF THAT TRANSACTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAINTAINS THE RECORDS FOR SEVEN YEARS FROM THE DATE OF TRNASACTION IN THE DIGITAL FORM. THE DATA IS BACKED UP EVERY TWO WEEKS ON A CENTRALIZED SERVER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt040840
IRS990/TotalAssetsEOYAmt041830
IRS990/TotalAssetsGrp/BOYAmt040840
IRS990/TotalAssetsGrp/EOYAmt041830
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt015098
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01150
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt096711
IRS990/TotalFunctionalExpensesGrp/TotalAmt097861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0214596
IRS990/TotalLiabilitiesEOYAmt0214103
IRS990/TotalLiabilitiesGrp/BOYAmt0214596
IRS990/TotalLiabilitiesGrp/EOYAmt0214103
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-173756
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-172273
IRS990/TotalProgramServiceExpensesAmt096645
IRS990/TotalProgramServiceRevenueAmt084246
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099344
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt040840
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt041830
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-173756
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-172273
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0192098
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0188098
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0902 Oak Tree Ave
IRS990/USAddress/CityNm0s Plainsfield
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007080
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0aimarts.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RAVI NARAYANSWAMY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ACADEMY OF INDIAN MUSIC INC
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0161666518
ReturnHeader/Filer/PhoneNum09082220111
ReturnHeader/Filer/USAddress/AddressLine1Txt0902 OAK TREE AVE Room 3
ReturnHeader/Filer/USAddress/CityNm0S PLAINSFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007080
ReturnHeader/PreparerPersonGrp/PhoneNum07323551640
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAVI RAMASWAMY CPACGMA CBM
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-03-26T09:56:14-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.