Civic Intelligence

Folk Arts Rajasthan Inc.

990EZ • Fiscal year 2021 • EIN 20-2025437

Apr 01, 2020 to Mar 31, 2021 • Filed on Dec 05, 2021

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

83rd percentile

0.10x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • NTEE T30 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.12x

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

2021 filings • NTEE T30 • <$500k nonprofits • Source year 2021

Net Margin

53rd percentile

11%

Higher net margin than 53% of similar nonprofits.

2021 filings • NTEE T30 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$60,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 41.1% of source-year revenue.

2021 filings • NTEE T30 • <$500k nonprofits • Source year 2021

Asset Growth

65th percentile

20%

Faster asset growth than 65% of similar nonprofits.

2021 filings • NTEE T30 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

74th percentile

66%

Faster revenue growth than 74% of similar nonprofits.

2021 filings • NTEE T30 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$179,732

Up $30,265 (+20%) from 2020

Net Assets

Up

$161,669

Up $16,050 (+11%) from 2020

Liabilities

Up

$18,063

Up $14,215 (+369%) from 2020

Revenue

Up

$146,044

Up $58,317 (+66%) from 2020

Expenses

Down

$129,994

Down $4,589 (-3.4%) from 2020

Net Income

Up

$16,050

Up $62,906 (+134%) from 2020

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

2021

Assets$179,732
Liabilities$18,063
Net Assets$161,669

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

2021

Revenue$146,044
Expenses$129,994
Net Income$16,050
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Dec 5, 2021
Return Version
2020v4.1
Gross Receipts
$146,044
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$60,000-$60,000
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
Executive Director
Phone
2126287210
Signed
2021-12-05
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
9173318115
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Rewards 410

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

Activity , Grantee Lok Kala Sagar Sansthan Jaisalmer Rajasthan India, Cash Grant 36,207, Relationship

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

Bank charges 1,853

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

Depreciation 342

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

Fundraising 3,432

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

Insurance 529

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

Miscellaneous expenses 2,090

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

Office expense and supplies 377

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

Program Expenses 2,508

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

Technology 215

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

Telephone 50

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

Website 499

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

Equipment - net of depreciation Beginning of year 692, End of year 350

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

Other receivable Beginning of year 636, End of year 1,633

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

Prepaid expense Beginning of year 55, End of year 481

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

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

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

Security deposit Beginning of year 0, End of year 50

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

Accrued expenses Beginning of year 3,848, End of year 4,048

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

Loan payable Beginning of year 0, End of year 14,015

Form 990-EZ, Part III, Line 28

FAR Educational Initiatives support the community-based Merasi School Music Merasi programs for 65 marginalized children and their families. Pandemic emergency relief was incorporated into the delivery of educational materials. Quarterly Sammelans are skill-building day-long gatherings of 125 youth, fostering peer sharing between remote village children with students accessing daily year-round activities. Gatherings were paused during pandemic lockdown. Grants and allocations, including foreign grants 27,772 Program services expenses 59,539

Form 990-EZ, Part III, Line 29

Lok Kala Sagar Sansthan LKSS - FAR with India-based NGO LKSS promotes music preservation and cultural exchange of the Merasi 38 generational legacy. This year, LKSS was awarded its second American India Foundation Clinton Fellow to improve MS/MM core curriculum. Grants and allocations, including foreign grants 7,445 Program services expenses 25,096

Form 990-EZ, Part III, Line 30

Artistic Cultural Exchange - Musical Narrative Project activities continue to collect and transcribe the Intangible Cultural Heritage for curriculum integration. Grants and allocations, including foreign grants 990 Program services expenses 7,611

Raw XML Appendix192 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/ExplanationTxt1Activity , Grantee Lok Kala Sagar Sansthan Jaisalmer Rajasthan India, Cash Grant 36,207, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank charges 1,853
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Fundraising 3,432
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 529
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous expenses 2,090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office expense and supplies 377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Expenses 2,508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Technology 215
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Telephone 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Website 499
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Equipment - net of depreciation Beginning of year 692, End of year 350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Other receivable Beginning of year 636, End of year 1,633
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Prepaid expense Beginning of year 55, End of year 481
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Grants receivable Beginning of year 22,500, End of year 22,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Security deposit Beginning of year 0, End of year 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Accrued expenses Beginning of year 3,848, End of year 4,048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Loan payable Beginning of year 0, End of year 14,015
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19FAR Educational Initiatives support the community-based Merasi School Music Merasi programs for 65 marginalized children and their families. Pandemic emergency relief was incorporated into the delivery of educational materials. Quarterly Sammelans are skill-building day-long gatherings of 125 youth, fostering peer sharing between remote village children with students accessing daily year-round activities. Gatherings were paused during pandemic lockdown. Grants and allocations, including foreign grants 27,772 Program services expenses 59,539
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Lok Kala Sagar Sansthan LKSS - FAR with India-based NGO LKSS promotes music preservation and cultural exchange of the Merasi 38 generational legacy. This year, LKSS was awarded its second American India Foundation Clinton Fellow to improve MS/MM core curriculum. Grants and allocations, including foreign grants 7,445 Program services expenses 25,096
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Artistic Cultural Exchange - Musical Narrative Project activities continue to collect and transcribe the Intangible Cultural Heritage for curriculum integration. Grants and allocations, including foreign grants 990 Program services expenses 7,611
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
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 II, Line 24, Other 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 26, Liabilities
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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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