2024-11-14T19:56:56-07:00 2023-12-31 990EZ 2023-01-01 364560082 TAMIL ASSOCIATION OF MINNESOTA TAMI 7864269738 6119 Baney CT Minnetonka MN 55345 Ram Chinnadurai treasurer 7864269738 2024-10-27 1 2023 2024-10-15 13:58:12Z X www.mntamilsangam.org X X 50826 X 47395 0 1171 2260 0 0 0 0 0 0 0 0 0 0 0 50826 171581 0 0 2000 17695 30536 7761 229573 -178747 210377 0 31630 210377 31630 0 0 0 0 210377 31630 0 0 210377 31630 MINNESOTA TAMIL SANGAM is a member based, non-profit organization formed exclusively for CHARITABLE, CULTURAL, EDUCATIONAL purposes of promoting Tamil Culture to Tamil community in the state of Minnesota within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as now enacted or hereafter amended, including, for such purposes, the making of distributions to organizations that also qualify as Section 501(c)(3) exempt organizations. MNTS Tamil School was an educational wing and MNTS Scholarship Endowment primarily focusing scholarships for undergraduate students have separated from this organization during 2023 tax year. Almost 2000 adults and 300 kids benefited. This cultural organization exhibits and demonstrates the cultural values and teaches the values to the next generation. And also demonstrated different art forms. Conducted Arts workshop in 2022 which benefitted 50 Artists and 2150 audiences(150 in person and 2000 online) This has been made possible by grants from Minnesota State Arts Board and a Liberal donation by Tamil members. 0 0 0 Sachidanandhan Venkatakrishnan President 5 0 Murugaiyan Subramanian Treasurer 5 0 Balamurugan Ramasamy School - Director 5 0 Arangarajan Karuppaiah School - Treasurer 5 0 X 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MN Murugaiyan Subramanian 6119 Baney CT Minnetonka MN 55345 9524265200 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 186766 133936 104027 17185 47395 489309 186766 133936 104027 17185 47395 489309 0 0 0 0 0 0 489309 0 0 0 0 0 0 186766 133936 104027 17185 47395 489309 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 10 #1. Check issued for $104,268 towards the bank account associated with MNTS Tamil School new EIN (88-3438980). #2. Check issued for $ 67,312 towards the endowment account (Z40-358634-1) associated with MNTS Tamil School new EIN (88-3438980). Though this account has been maintained as a separate endowment entity, this was not reported separately to IRS as a vested account in the past. The total net transactions were reported in a summarized format. MNTS Tamil School which has been originally operating under MNTS EIN (36-4560082) has been re-established under new EIN (88-3438980) as on date (7/27/2022) which has been further approved by IRS under 501 C3 - Non Profit Category. These transfers have been enacted based on the MNTS board meeting resolution dated 02/20/2023 MNTS general body ratification dated 3/25/2023. Form 990-EZ, Part I, Line 16 Membership - Charge Correction refund - 260$ Check Book purchase - 39$ Food purchase check to the vendor - 1160$ Food expenses for multiple Sangam events - $6302 Form 990-EZ, Part V, Line 33 #1. Check issued for $104,268 towards the bank account associated with MNTS Tamil School new EIN (88-3438980). #2. Check issued for $ 67,312 towards the endowment account (Z40-358634-1) associated with MNTS Tamil School new EIN (88-3438980). Though this account has been maintained as a separate endowment entity, this was not reported separately to IRS as a vested account in the past. The total net transactions were reported in a summarized format. MNTS Tamil School which has been originally operating under MNTS EIN (36-4560082) has been re-established under new EIN (88-3438980) as on date (7/27/2022) which has been further approved by IRS under 501 C3 - Non Profit Category. These transfers have been enacted based on the MNTS board meeting resolution dated 02/20/2023 MNTS general body ratification dated 3/25/2023. This Organization has gone through significant changes including structure and core purpose. This also includes financial transactions and adjustments detailed in Schedule O. This demanded a thorough reconciliation which caused delay in filing.