Nonprofit · EIN 82-2178569
SOUTH INDIAN FINE ARTS ACADEMY - SIFAA
Tax-exempt (reinstated) · CARY, NC 27513
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $133,755 | $90,154 | $43,601 | $68,918 | – | $68,918 |
| December 31, 2024 | 990-EZ | $99,917 | $96,032 | $3,885 | $25,317 | – | $25,317 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $50,278
- Membership dues
- $60,100
- Other revenue
- $23,377
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $55,000
- Occupancy
- $32,500
- Printing, publications and postage
- $120
- Other expenses
- $2,534
- Program services (functional)
- $90,000
Balance sheet and other
- Total assets, start of year
- $25,317
- Total assets, end of year
- $68,918
- Total liabilities, end of year
- –
- Net assets, end of year
- $68,918
- Cash, savings and investments
- $68,918
- Gross receipts
- $133,755
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chitra Ramanarayanan | Communications Director & Secretary | 10 | $0 |
| Rajaraman Jayakrishnan | Treasurer | 10 | $0 |
| Lakshmi Chellamani | Board of Director Culture & Arts | 10 | $0 |
| Ramana Jayanty | Board of Director - Events | 10 | $0 |
| Madhu Rangappagowda | President - Board of Director | 15 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chitra Ramanarayanan | Communications Director & Secretary | 10 | $0 |
| Rajaraman Jayakrishnan | Treasurer | 10 | $0 |
| Lakshmi Chellamani | Board of Director Culture & Arts | 10 | $0 |
| Ramana Jayanty | Board of Director - Events | 10 | $0 |
| Madhu Rangappagowda | Operations - Board of Director | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 1040 KENNICOTT AVE, CARY, NC 27513-8450
- In care of
- % MADHU RANGAPPAGOWDA
- Mailing address (990-N for 2023)
- 1040 Kennicott Ave, Cary NC 27513
- Principal officer (990-N for 2023)
- Madhu Rangappagowda, 1040 Kennicott Ave, Cary NC 27513
- Signed the 990-EZ
- Madhu Rangappagowda, President and Board of Director
- Website
- www.sifaa.org
Mission
SIFAA is dedicated to preserving and promoting the rich heritage of South Indian classical arts while fostering cultural enrichment and community engagement. Our mission is to provide premier platforms for renowned South Indian performing artists to showcase their excellence while also supporting and nurturing aspiring community artists in North Carolina. Through high quality concerts from professional musicians collaboration and performance opportunities for community artists we aim to celebrate tradition inspire creativity and build a rich artistic community. While our goal has always been to strive to bridge and create cultural awareness through Carnatic music SIFAA has also been keen to support and strengthen our younger generation and their love for this genre of music. The RTP area has been blessed to have a lot of practitioners and teachers who call this area home. SIFAA has conducted yearly music competitions with judges invited from India and across the US to provide ad
Program accomplishments
- Fall concert series - This series of concerts from visiting artists performing Vocal and Instrumental concerts from Sept 2025 to Dec 2025Expenses $43,000 · grants $10,000
- Spring concert series - This series of concerts from visiting artists performing Vocal and Instrumental concerts from March 2025 to June 2025Expenses $35,000 · grants $10,000
- SIFAA provides the platform for the community in Indian classical traditional folk dance music and art forms. We provide avenues and platforms for the artists in the community to perform learn and spread the knowledge. The goal is to facilitate learning in an engaging manner hands on learning of visual art. This continuous learning serves our goal to help the art thrive and increase the quality of performances .We plan on bringing these new aspects to showcase this year compared to last year. Triangle area has seen an explosion of people moving in from other parts of the country where a subset of people are interested in the Indian art forms.2023 Participation:- Fall Festival artists 112 Livestream Viewing 2800 On-premise foot traffic 1000+,Participants demographics 90% Adults 10% Kids Mostly Americans of Indian Origin2024 Participation goals:-Fall Festival artists 97,Livestream Viewing 3000+,On-premise foot traffic 1500+,Participants demographics 90% Adults 10% KidsMostly Americans of Indian OriginExpenses $12,000 · grants $12,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 82-2178569
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $68,918
- Income (IRS master file)
- $133,755
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- September 6, 2017
- Reinstated
- Effective July 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $133,755 | $90,154 | $68,918 | IRS |
| 990-EZ | December 2024 | $99,917 | $96,032 | $25,317 | IRS |
| 990-N for 2023 Officer: Madhu Rangappagowda | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Madhu Rangappagowda | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Madhu Rangappagowda | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Madhu Rangappagowda | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2178569).
Questions about SOUTH INDIAN FINE ARTS ACADEMY - SIFAA
- What is the EIN of SOUTH INDIAN FINE ARTS ACADEMY - SIFAA?
- The employer identification number (EIN) of SOUTH INDIAN FINE ARTS ACADEMY - SIFAA is 82-2178569.
- Is SOUTH INDIAN FINE ARTS ACADEMY - SIFAA tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective July 15, 2017.
- Are donations to SOUTH INDIAN FINE ARTS ACADEMY - SIFAA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTH INDIAN FINE ARTS ACADEMY - SIFAA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTH INDIAN FINE ARTS ACADEMY - SIFAA due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTH INDIAN FINE ARTS ACADEMY - SIFAA last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of SOUTH INDIAN FINE ARTS ACADEMY - SIFAA?
- The 990-N for 2023 names Madhu Rangappagowda.
- Who are the officers and directors of SOUTH INDIAN FINE ARTS ACADEMY - SIFAA?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SOUTH INDIAN FINE ARTS ACADEMY - SIFAA have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $133,755, expenses of $90,154 and total assets of $68,918 at year end.
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