Three Aksha EIN 36-4620708 Form 990 (PDF) Claim this org

Three Aksha FY2024 filing

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Preserves and builds on South Indian Bharatanatyam dance traditions. For fiscal year 2024 it reported $217K in revenue, $217K in expenses, and $36K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Philadelphia, PA
Filings
5 on file (2021–2024)
Revenue
$217KFY2024
Expenses
$217K
Net assets
$36K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  36-4620708 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Preserves and builds on South Indian Bharatanatyam dance traditions.
Leadership
Viji Rao · Artistic Director · $60K
Money in and out
$217K revenue, $217K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$217K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$36K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $750
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+0.3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$217K
FY2024▲ +16%
Expenses
$217K
FY2024
Total assets
$36K
FY2024
Total liabilities
$0
FY2024
Total revenue
$217K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$36K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$750
Total assetsPt X · Ln 16$36K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThree Aksha
EINHdr · item D36-4620708
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A23)
Ruling yearIRS BMFFeb 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Artistic Director
$60,000Pt VII · Sec A
Master Artist
$6,000Pt VII · Sec A
Master Artist
$6,000Pt VII · Sec A
Master Artist
$6,000Pt VII · Sec A
Marketing Publicity Manager
$0Pt VII · Sec A
Grant Writer
$0Pt VII · Sec A

Viji Rao’s $60K as Artistic Director is at the 55th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Viji Rao$60,000$60,000$48,000$36,000$33,000
Sheejit Krishna$6,000$9,000$6,000$6,000
Ajay Warriar$6,000$9,000$4,000$8,000
Praveen D Rao$6,000$9,000$5,000$8,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $217K of program spending, described in the organization's own filed words · FY2024.
01

Dance instruction and performances according to the mission of the organization.

$217Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$176K · 81%
Contributions & grants$41K · 19%
Program service revenue81%$176K
Contributions & grants19%$41K
Total revenueLn 12$217K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$217K
Total functional expensesLn 25$217K

Balance Sheet

Part X · end of year
CashLn 1$36K
Total assetsLn 16$36K
Total liabilitiesLn 26$0
Total net assetsLn 32$36K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $36K · Operating expenses/yr $217K
2.0 months
Where the money goes
Program services
Program services $217K · Total expenses $217K
100%
Management & General
Management & general $0 · Total expenses $217K
0%
Fundraising
Fundraising $0 · Total expenses $217K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $41K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $41K · Total revenue $217K
19%
Government reliance
Government grants $0 · Total revenue $217K
0%
Earned-income share
Program service revenue $176K · Total revenue $217K
81%
Investment reliance
Investment income $0 · Total revenue $217K
0%
Program self-sufficiency
Program service revenue $176K · Total expenses $217K
81%
Growth & trend
Revenue growth (YoY)
This year $217K · Prior year $187K
+16%
Net-asset trend (YoY)
End of year $36K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $217K · Expenses $217K
+0.3%
Liabilities-to-Assets
Total liabilities — · Total assets $36K
Net-asset ratio
Net assets $36K · Total assets $36K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $36K
0%
People & payroll
Highest Reported Total Compensation
Individual Viji Rao · Reported title Artistic Director · Highest reported compensation $60K · Total expenses $217K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $78K · Total expenses $217K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 16%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$236K revenue · ⤓ 990 PDF
FY2024$217K revenue · viewing · ⤓ 990 PDF
FY2023$187K revenue · ⤓ 990 PDF
FY2022$149K revenue · ⤓ 990 PDF
FY2021$115K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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