Civic Intelligence

Shruti Foundation Inc.

990EZ • Fiscal year 2023 • EIN 47-4865713

Sep 01, 2022 to Aug 31, 2023 • Filed on Feb 16, 2024

5337 Starhill PLTampa, FL 33624

(813) 549-9288

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

55th percentile

5.9%

Higher net margin than 55% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

65th percentile

11%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

4.0%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$19,888

Up $2,015 (+11%) from 2022

Net Assets

Up

$19,888

Up $2,015 (+11%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$34,306

Up $1,317 (+4.0%) from 2022

Expenses

Up

$32,291

Up $4,623 (+17%) from 2022

Net Income

Down

$2,015

Down $3,306 (-62%) from 2022

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2019: $9,126Liabilities 2019: $02019Assets 2020: $9,346Liabilities 2020: $02020Assets 2021: $12,552Liabilities 2021: $0Net Assets 2021: $12,5522021Assets 2022: $17,873Liabilities 2022: $0Net Assets 2022: $17,8732022Assets 2023: $19,888Liabilities 2023: $0Net Assets 2023: $19,8882023Assets 2024: $0Net Assets 2024: $19,8802024Assets 2025: $0Net Assets 2025: $31,4792025

Highlighted filing

2023

Assets$19,888
Liabilities$0
Net Assets$19,888

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2019: $41,745Expenses 2019: $33,839Net Income 2019: $7,9062019Revenue 2020: $23,838Expenses 2020: $23,367Net Income 2020: $4712020Revenue 2021: $17,165Expenses 2021: $11,607Net Income 2021: $5,5582021Revenue 2022: $32,989Expenses 2022: $27,668Net Income 2022: $5,3212022Revenue 2023: $34,306Expenses 2023: $32,291Net Income 2023: $2,0152023Revenue 2024: $35,518Expenses 2024: $35,357Net Income 2024: $1612024Revenue 2025: $121,094Expenses 2025: $109,496Net Income 2025: $11,5982025

Highlighted filing

2023

Revenue$34,306
Expenses$32,291
Net Income$2,015
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Feb 16, 2024
Return Version
2022v5.0
Gross Receipts
$34,306
Mission and Program Overview

Mission

The Shruti Foundation is a Non-Profit organization based in Tampa, FL, whose mission is to preserve and promote the rich cultural heritage of Indian Classical music, and showcase Indian music interactively with other music from around the world through public concerts, workshops, and educational outreach programs. Uniting the world through the power of music and dance.

The Shruti Foundation is a Non-Profit Organization based in Tampa, Florida, whose mission is to preserve and promote the rich and cultural heritage of Indian Classical music, as well as to showcase Indian music interactively with other music from around the world through public concerts, workshops, and educational outreach programs. 'UNITING THE WORLD THROUGH THE POWER OF MUSIC AND DANCE'

Program Services

DescriptionGrantsExpenses
Shruti Foundation organize annually "East West Music & Dance Festival' at the Water Works Park in Tampa, Which is one of the most vibrant multicultural gathering for Tampa Bay Community.The event is supported by a Special Events Partnership Grant from the Cultural Arts Commission, part of the Arts Council of Hillsborough County.$5,000$14,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shankh LahiriPresidentPT$0--
Satish AnkalikarDirectorPT$0--
Ajay kokeramOperation And MarketingPT$0--
Avinash SharmaDirectorPT$0--
Sunil MajethiaDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Shruti Foundation
EIN
47-4865713
Phone
8135499288
Address
5337 Starhill PL, Tampa, FL 33624

Signing Officer

Name
Shankh Lahiri
Title
President
Phone
8135499288
Signed
2024-02-16
Supplemental Narrative

Additional Explanations

Part I, Line 16

Artists' Transportation, accommodation, and Hospitality Expenses - $1401.00 ( Flights, Local traveling, Food, and Accommodation expenses for visiting performers who conducted workshops and public events for the Tampabay Community). $5000 grant received from Arts Council Hillsborough, Tampa a Special Events Partnership Grant from the Cultural Arts Commission, part of the Arts Council of Hillsborough County. This grant fund was used for Shruti Foundation's annual 'East West Music and Dance Festival' at the Water Works Park, Tampa. The entire festival was free entry for all people. Our Mission is to preserve and promote the rich and cultural heritage of Indian Classical music and to showcase Indian music interactively with other cultures worldwide through public concerts, workshops, and educational outreach programs. Overall, the Shruti Foundation received huge responses from local communities and worldwide. More than 4000 viewers attended via Facebook, YouTube, and Zoom, apart from in-person events throughout the year.

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