Civic Intelligence

Folk Arts Rajasthan Inc

EIN 20-2025437 • 501(c)3 • New York, NY

Profile

EDUCATIONAL

314 E 84th STREET STE 11New York, NY 10028-4491

www.folkartsrajasthan.org

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

18th percentile

-32%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

98th percentile

$56,667

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 60.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

43rd percentile

-6.1%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

45th percentile

-5.0%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Down

$133,836

Down $25,277 (-16%) from 2024

Liabilities

Up

$13,585

Up $4,803 (+55%) from 2024

Net Assets

Down

$120,251

Down $30,080 (-20%) from 2024

Revenue

Down

$93,733

Down $24,542 (-21%) from 2024

Expenses

Up

$123,813

Up $8,474 (+7.3%) from 2024

Net Income

Down

-$30,080

Down $33,016 (-1125%) from 2024

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $162,942Liabilities 2011: $2,8102011Assets 2012: $181,261Liabilities 2012: $2,810Net Assets 2012: $178,4512012Assets 2013: $169,844Liabilities 2013: $8,346Net Assets 2013: $161,4982013Assets 2014: $179,956Liabilities 2014: $12,110Net Assets 2014: $167,8462014Assets 2015: $205,895Liabilities 2015: $2,437Net Assets 2015: $203,4582015Assets 2016: $213,846Liabilities 2016: $16,059Net Assets 2016: $197,7872016Assets 2017: $206,142Liabilities 2017: $10,298Net Assets 2017: $195,8442017Assets 2018: $178,919Liabilities 2018: $12,855Net Assets 2018: $166,0642018Assets 2019: $176,107Liabilities 2019: $13,632Net Assets 2019: $162,4752019Assets 2020: $149,467Liabilities 2020: $3,848Net Assets 2020: $145,6192020Assets 2021: $179,732Liabilities 2021: $18,063Net Assets 2021: $161,6692021Assets 2022: $179,736Liabilities 2022: $13,139Net Assets 2022: $166,5972022Assets 2023: $151,770Liabilities 2023: $4,375Net Assets 2023: $147,3952023Assets 2024: $159,113Liabilities 2024: $8,782Net Assets 2024: $150,3312024Assets 2025: $133,836Liabilities 2025: $13,585Net Assets 2025: $120,2512025

Highlighted filing

2025

Assets$133,836
Liabilities$13,585
Net Assets$120,251

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $125,076Expenses 2011: $132,212Net Income 2011: -$7,1362011Revenue 2012: $148,511Expenses 2012: $130,192Net Income 2012: $18,3192012Revenue 2013: $93,317Expenses 2013: $110,270Net Income 2013: -$16,9532013Revenue 2014: $119,534Expenses 2014: $113,186Net Income 2014: $6,3482014Revenue 2015: $143,748Expenses 2015: $108,136Net Income 2015: $35,6122015Revenue 2016: $140,124Expenses 2016: $145,795Net Income 2016: -$5,6712016Revenue 2017: $159,917Expenses 2017: $162,103Net Income 2017: -$2,1862017Revenue 2018: $104,098Expenses 2018: $133,635Net Income 2018: -$29,5372018Revenue 2019: $120,139Expenses 2019: $123,728Net Income 2019: -$3,5892019Revenue 2020: $87,727Expenses 2020: $134,583Net Income 2020: -$46,8562020Revenue 2021: $146,044Expenses 2021: $129,994Net Income 2021: $16,0502021Revenue 2022: $124,841Expenses 2022: $119,913Net Income 2022: $4,9282022Revenue 2023: $103,933Expenses 2023: $123,135Net Income 2023: -$19,2022023Revenue 2024: $118,275Expenses 2024: $115,339Net Income 2024: $2,9362024Revenue 2025: $93,733Expenses 2025: $123,813Net Income 2025: -$30,0802025

Highlighted filing

2025

Revenue$93,733
Expenses$123,813
Net Income-$30,080

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.34$0.14$1.20$0.94$1.24$0.30
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.09$1.50$1.18$1.15$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.04$1.47$1.04$1.23$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.80$0.13$1.67$1.25$1.20$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.18$1.62$1.46$1.30$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.49$0.04$1.46$0.88$1.35$0.47
2019Detailed filing. Detailed filing data is available for this year.$1.76$0.14$1.62$1.20$1.24$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.79$0.13$1.66$1.04$1.34$0.30
2017Detailed filing. Detailed filing data is available for this year.$2.06$0.10$1.96$1.60$1.62$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.16$1.98$1.40$1.46$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.06$0.02$2.03$1.44$1.08$0.36
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.12$1.68$1.20$1.13$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.08$1.61$0.93$1.10$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.03$1.78$1.49$1.30$0.18
2011Summary only. Only limited summary data is available for this year.$1.63$0.03$1.25$1.32$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Jan 10, 2026
Return Version
2024v5.2
Gross Receipts
$93,733
Mission and Program Overview

Mission

Educational

Ich music preservation-education

Program Services

DescriptionGrantsExpenses
MERASI SCHOOL FUNCTIONS AS AN ELEMENTARY-LEVEL TUTORIAL, SERVING AS A CORNERSTONE FOR LEARNING AND PERSONAL GROWTH FOR MERASI CHILDREN. (CONTINUED ON SCHEDULE O)$28,763$55,331
LOK KALA SAGAR SANSTHAN/LKSS ACTS AS A DYNAMIC HUB PRESERVING AND PROMOTING THE MERASIS MUSICAL INTANGIBLE HERITAGE.(CONTINUED ON SCHEDULE O)$13,543$29,357
MUSICAL NARRATIVE PROJECT/MNP FOCUSES ON MERASI DOCUMENTING THEIR CULTURAL HERITAGE THROUGH STORYTELLING, MEDIA, AND ACQUIRING COMMUNITY DATA. (CONTINUED ON SCHEDULE O)$177$4,745
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN LUKASExecutive Director - TreasurerFT$56,667-$56,667
JEANNE FEENEYBoard Chair-$0--
JAMES DAUKASSecretary-$0--
ASHA KHAN MERASIDirector-$0--
SARWAR KHANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Folk Arts Rajasthan Inc
EIN
20-2025437
In Care Of
% KAREN LUKAS
Phone
6464362210
Address
314 E 84th STREET STE 11, New York, NY 10028-4491

Signing Officer

Name
Karen Lukas
Title
Exec Directortreasurer
Phone
2126287210
Signed
2026-01-10
Discuss with paid preparer
No

Preparer

Firm
Pr CPA Solutions LLC
Address
10325 KENSINGTON PKWY No 205, Kensington, MD 20895
Preparer
Ismenia Pena-romero
Phone
2024311046
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountCC REWARDS 61

List of grants and similar amounts paid Part I line 10

Activity EDUCATION AND MUSIC Grantee LOK KALA SAGAR SANSTHAN Street BUILDING 36 MERASI PARA NEAR PATWONCity, Province, Country, Postal HAVALI JAISALMER, RAJASTHAN India 345001Amount 13,543Activity EDUCATIONAL Grantee THE MERASI SCHOOL Street BUILDING 36 MERASI PARA NEAR PATWONCity, Province, Country, Postal HAVALI JAISALMER, RAJASTHAN India 345001Amount 28,763Activity ARTISTIC CULTURAL EXCHANGE Grantee THE MERASI SCHOOL Street BUILDING 36 MERASI PARA NEAR PATWONCity, Province, Country, Postal BUILDING 36 MERASI PAR, RAJASTHAN India 345001Amount 177

Description of other expenses Part I line 16

Description AmountBANK CHARGES 941REPAIRS & MAINTENANCE 129TRAVEL 4,101INSURANCE 856OFFICE EXPENSES & SUPPLIES 2,509TELEPHONE 159TECHNOLOGY 323WEBSITE 415MISCELLANEOUS 9

Description of other assets Part II line 24

Category Beginning of Year End of YearPREPAIDS 927 5,347OTHER ASSETS 50 50

Description of total liabilities Part II line 26

Category Beginning of Year End of YearA/P & ACCRUED EXPENSES 8,782 13,585

General explanation attachment

- form 990, part iii, line 28, program service accomplishments (continued):it is a deeply rooted, community-based program designed to assist critical educational goals. Grants of $28,763 foster free elementary activity-based learning opportunities for marginalized students.- form 990, part iii, line 30, program service accomplishments (continued):sharing their legacy fosters global cultural understanding from the ground up, with the goal of ensuring that the merasi maintain control over their cultural narratives without external influence. Grants of $177 ensure that the merasis traditions are preserved and represented authentically.- form 990, part iii, line 29, program service accomplishments (continued):classes incorporate the rich cultural tradition of the merasi as it passes on to rising generations of the community.grants of $13,543 support these efforts.

Raw XML Appendix188 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCC REWARDS 61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity EDUCATION AND MUSIC Grantee LOK KALA SAGAR SANSTHAN Street BUILDING 36 MERASI PARA NEAR PATWONCity, Province, Country, Postal HAVALI JAISALMER, RAJASTHAN India 345001Amount 13,543Activity EDUCATIONAL Grantee THE MERASI SCHOOL Street BUILDING 36 MERASI PARA NEAR PATWONCity, Province, Country, Postal HAVALI JAISALMER, RAJASTHAN India 345001Amount 28,763Activity ARTISTIC CULTURAL EXCHANGE Grantee THE MERASI SCHOOL Street BUILDING 36 MERASI PARA NEAR PATWONCity, Province, Country, Postal BUILDING 36 MERASI PAR, RAJASTHAN India 345001Amount 177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountBANK CHARGES 941REPAIRS & MAINTENANCE 129TRAVEL 4,101INSURANCE 856OFFICE EXPENSES & SUPPLIES 2,509TELEPHONE 159TECHNOLOGY 323WEBSITE 415MISCELLANEOUS 9
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5- FORM 990, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED):IT IS A DEEPLY ROOTED, COMMUNITY-BASED PROGRAM DESIGNED TO ASSIST CRITICAL EDUCATIONAL GOALS. GRANTS OF $28,763 FOSTER FREE ELEMENTARY ACTIVITY-BASED LEARNING OPPORTUNITIES FOR MARGINALIZED STUDENTS.- FORM 990, PART III, LINE 30, PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED):SHARING THEIR LEGACY FOSTERS GLOBAL CULTURAL UNDERSTANDING FROM THE GROUND UP, WITH THE GOAL OF ENSURING THAT THE MERASI MAINTAIN CONTROL OVER THEIR CULTURAL NARRATIVES WITHOUT EXTERNAL INFLUENCE. GRANTS OF $177 ENSURE THAT THE MERASIS TRADITIONS ARE PRESERVED AND REPRESENTED AUTHENTICALLY.- FORM 990, PART III, LINE 29, PROGRAM SERVICE ACCOMPLISHMENTS (CONTINUED):CLASSES INCORPORATE THE RICH CULTURAL TRADITION OF THE MERASI AS IT PASSES ON TO RISING GENERATIONS OF THE COMMUNITY.GRANTS OF $13,543 SUPPORT THESE EFFORTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ISMENIA PENA-ROMERO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-01-10T19:30:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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