Civic Intelligence

Folk Arts Rajasthan Inc.

990EZ • Fiscal year 2020 • EIN 20-2025437

Apr 01, 2019 to Mar 31, 2020 • Filed on Oct 07, 2020

c/o LUKAS 314 E 84TH STREET Room 11New York, NY 10028

(212) 628-7210

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.03x

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

2020 filings • NTEE T30 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.04x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • NTEE T30 • <$500k nonprofits • Source year 2020

Net Margin

19th percentile

-53%

Higher net margin than 19% of similar nonprofits.

2020 filings • NTEE T30 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$59,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 67.3% of source-year revenue.

2020 filings • NTEE T30 • <$500k nonprofits • Source year 2020

Asset Growth

29th percentile

-15%

Faster asset growth than 29% of similar nonprofits.

2020 filings • NTEE T30 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-27%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • NTEE T30 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$149,467

Down $26,640 (-15%) from 2019

Net Assets

Down

$145,619

Down $16,856 (-10%) from 2019

Liabilities

Down

$3,848

Down $9,784 (-72%) from 2019

Revenue

Down

$87,727

Down $32,412 (-27%) from 2019

Expenses

Up

$134,583

Up $10,855 (+8.8%) from 2019

Net Income

Down

-$46,856

Down $43,267 (-1206%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2020

Assets$149,467
Liabilities$3,848
Net Assets$145,619

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$87,727
Expenses$134,583
Net Income-$46,856
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Oct 7, 2020
Return Version
2019v5.1
Gross Receipts
$87,727
Mission and Program Overview

Mission

Ich music preservation-education

Educational

Program Services

DescriptionGrantsExpenses
See Schedule O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen LukasExec. Dir/TreasFT$59,000-$59,000
Jeanne FeeneyBoard Chair-$0--
James DaukasSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Folk Arts Rajasthan Inc
EIN
20-2025437
Phone
2126287210
Address
c/o LUKAS 314 E 84TH STREET Room 11, NEW YORK, NY 10028

Signing Officer

Name
Karen Lukas
Title
Exeutive irector
Signed
2020-10-07
Discuss with paid preparer
Yes

Preparer

Firm
Patricia Armstrong CPA
Address
233 West 99th Street Ste 3A, New York, NY 10025
Preparer
Patricia Armstrong
Phone
2126638260
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

Activity Grant, Grantee Lok Kala Sagar Sansthan Jaisalmer Rajasthan India, Cash Grant 38,636, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Bank charges 907

Form 990-EZ, Part I, Line 16, Other Expenses

Depreciation 342

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 1,101

Form 990-EZ, Part I, Line 16, Other Expenses

Marketing 55

Form 990-EZ, Part I, Line 16, Other Expenses

Miscellaneous expenses 3,972

Form 990-EZ, Part I, Line 16, Other Expenses

Office expense and supplies 419

Form 990-EZ, Part I, Line 16, Other Expenses

Program Expenses 3,788

Form 990-EZ, Part I, Line 16, Other Expenses

Technology 354

Form 990-EZ, Part I, Line 16, Other Expenses

Telephone 50

Form 990-EZ, Part I, Line 16, Other Expenses

Transportation 558

Form 990-EZ, Part I, Line 16, Other Expenses

Website 323

Form 990-EZ, Part I, Line 20, Net Assets

Prior period adjustment - Prior year unrecorded contribution 30,000

Form 990-EZ, Part II, Line 24, Other Assets

Inventory Beginning of year 1,500, End of year 0

Form 990-EZ, Part II, Line 24, Other Assets

Equipment - net of depreciation Beginning of year 1,034, End of year 692

Form 990-EZ, Part II, Line 24, Other Assets

Other receivable Beginning of year 566, End of year 636

Form 990-EZ, Part II, Line 24, Other Assets

Prepaid expense Beginning of year 983, End of year 55

Form 990-EZ, Part II, Line 24, Other Assets

Grants receivable Beginning of year 0, End of year 22,500

Form 990-EZ, Part II, Line 26, Liabilities

Accrued expenses Beginning of year 13,632, End of year 3,848

Form 990-EZ, Part III, Line 28

FAR Educational Initiatives support the community-based Merasi School Music Merasi classes for marginalized children. Skill-building youth day-long gatherings foster peer sharing between remote village children and students accessing daily year-round activities. Grants and allocations, including foreign grants 23,224, Program services expenses 53,933

Form 990-EZ, Part III, Line 29

Lok Kala Sagar Sansthan LKSS - FAR with India-based NGO LKSS promotes artistic preservation and cultural exchange of the Merasi 38 generational musical legacy. This year, LKSS became an American India Foundation Clinton Fellow Host, to improve MS/MM core curriculum, integrate Musical Legacy Project components, and cultivate a strong positive self-identity. Two onsite tenured volunteer professionals boosted these goals. Grants and allocations, including foreign grants 9,410 Program services expenses 28,464

Form 990-EZ, Part III, Line 30

Artistic Cultural Exchange - Musical Narrative Project activities continue to document the unique Merasi Intangible Cultural Heritage in digital formats while performances broaden awareness. Grants and allocations, including foreign grants 6,002, Program services expenses 21,035

Raw XML Appendix193 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/ExplanationTxt0Activity Grant, Grantee Lok Kala Sagar Sansthan Jaisalmer Rajasthan India, Cash Grant 38,636, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank charges 907
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation 342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 1,101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Marketing 55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Miscellaneous expenses 3,972
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office expense and supplies 419
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Program Expenses 3,788
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Technology 354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Telephone 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Transportation 558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Website 323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Prior period adjustment - Prior year unrecorded contribution 30,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Inventory Beginning of year 1,500, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Equipment - net of depreciation Beginning of year 1,034, End of year 692
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Other receivable Beginning of year 566, End of year 636
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Prepaid expense Beginning of year 983, End of year 55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Grants receivable Beginning of year 0, End of year 22,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Accrued expenses Beginning of year 13,632, End of year 3,848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19FAR Educational Initiatives support the community-based Merasi School Music Merasi classes for marginalized children. Skill-building youth day-long gatherings foster peer sharing between remote village children and students accessing daily year-round activities. Grants and allocations, including foreign grants 23,224, Program services expenses 53,933
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Lok Kala Sagar Sansthan LKSS - FAR with India-based NGO LKSS promotes artistic preservation and cultural exchange of the Merasi 38 generational musical legacy. This year, LKSS became an American India Foundation Clinton Fellow Host, to improve MS/MM core curriculum, integrate Musical Legacy Project components, and cultivate a strong positive self-identity. Two onsite tenured volunteer professionals boosted these goals. Grants and allocations, including foreign grants 9,410 Program services expenses 28,464
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Artistic Cultural Exchange - Musical Narrative Project activities continue to document the unique Merasi Intangible Cultural Heritage in digital formats while performances broaden awareness. Grants and allocations, including foreign grants 6,002, Program services expenses 21,035
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990-EZ, Part III, Line 30
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ReturnHeader/ReturnTs02020-10-08T10:51:31-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-04-01
ReturnHeader/TaxPeriodEndDt02020-03-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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