Civic Intelligence

Shruti Foundation Inc.

990EZ • Fiscal year 2024 • EIN 47-4865713

Sep 01, 2023 to Aug 31, 2024 • Filed on Jan 23, 2024

Organization Profilewww.shrutifoundationtampa.org
5337 Starhill PlaceTampa, FL 33624

(813) 549-9288

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

44th percentile

0.5%

Higher net margin than 44% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$3,300

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

3.5%

Faster revenue growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $19,888 (-100%) from 2023

Net Assets

Down

$19,880

Down $8 (-0.0%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin44th percentile

Revenue

Up

$35,518

Up $1,212 (+3.5%) from 2023

Expenses

Up

$35,357

Up $3,066 (+9.5%) from 2023

Net Income

Down

$161

Down $1,854 (-92%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

2024

Assets$0
Liabilities-
Net Assets$19,880
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

2024

Revenue$35,518
Expenses$35,357
Net Income$161
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jan 23, 2024
Return Version
2023v6.0
Gross Receipts
$35,518
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.

Program Services

DescriptionGrantsExpenses
Shruti Fountation organies annually the 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 be a Special Events Partnership Grant from the Cultural Arts Commission, part of the Arts Council of Hillsborough County.$5,000$0
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shankh LahiriPresidentPT$3,300-$3,300
Satish AnkalikarDirectorPT$0--
Sunil MajethiaDirectorPT$0--
Jigisha M DesaiDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Shruti Foundation Inc
EIN
47-4865713
Phone
8135499288
Address
5337 STARHILL PLACE, TAMPA, FL 33624

Signing Officer

Name
Shankh Lahiri
Title
President
Phone
8135499288
Signed
2024-01-23
Discuss with paid preparer
Yes

Preparer

Firm
Nirvana Associates LLC
Address
1342 LINDZLU ST, WINTER GARDEN, FL 34787
Preparer
Dharmendra Ramdehal
Phone
4076255142
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Transportation, accommodations, hospitality, and food expenses for performers who conducted workshops and public events for Tampa Bay community 2005.”

Raw XML Appendix149 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum08135499288
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Crystal Springs
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033524
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05000
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt018347
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019719
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019880
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019880
IRS990EZ/OccupancyRentUtltsAndMaintAmt07113
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Shankh Lahiri
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Satish Ankalikar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sunil Majethia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jigisha M Desai
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02005
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The 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.
IRS990EZ/PrintingPublicationsPostageAmt01098
IRS990EZ/ProgramServiceRevenueAmt012171
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Shruti Fountation organies annually the 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 be a Special Events Partnership Grant from the Cultural Arts Commission, part of the Arts Council of Hillsborough County.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035357
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt035518
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.shrutifoundationtampa.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt035518
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt035518
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt035518
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt035518
IRS990ScheduleA/TotalSupportAmt035518
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Transportation, accommodations, hospitality, and food expenses for performers who conducted workshops and public events for Tampa Bay community 2005.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHANKH LAHIRI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08135499288
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHRUTI FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SHRU
ReturnHeader/Filer/EIN0474865713
ReturnHeader/Filer/PhoneNum08135499288
ReturnHeader/Filer/USAddress/AddressLine1Txt05337 STARHILL PLACE
ReturnHeader/Filer/USAddress/CityNm0TAMPA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033624
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810900591
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01342 LINDZLU ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINTER GARDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034787
ReturnHeader/PreparerPersonGrp/PhoneNum04076255142
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DHARMENDRA RAMDEHAL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-01-23T17:55:23-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$19,880
Revenue
$35,518
Expenses
$35,357
Net income
$161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.31$1.21$1.09$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.20$0.36$0.35$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.34$0.32$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.33$0.28$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.17$0.12$0.06
2020Summary only. Only limited summary data is available for this year.$0.09$0.00$0.24$0.23$0.00
2019Summary only. Only limited summary data is available for this year.$0.09$0.00$0.42$0.34$0.08