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Florida · Nonprofit

Raaga Inc

Raaga Inc (Florida) receives grants from 4 organizations whose IRS filings report $12,200 to it, the largest being Asvins Foundation ($8,500). 2 of them have funded it in more than one year.

Revenue FY2025
$20k
Funders on record
4
Grants received
$12k
Net assets
$11k
2/4 repeat fundersgrants exceed reported revenue in one year
01What it does

What Raaga Inc does

Mission

Promoting classical music

As stated on its FY2025 Form 990-EZ.

Programs

  1. Rajhesh Vaidhya Concert 4/7/2024

    $9,311 spent
    40% of program spending
  2. Shankh Lahiri - WAHH Fusion concert 10/26/24

    $7,716 spent
    33% of program spending
  3. Charulatha mani/b ananthakrishnan 9/9/24

    $6,061 spent
    26% of program spending

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $23,088.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($38k) Expenses 100 ($35k) Net assets 100 ($7k)2018 Revenue 79 ($30k) Expenses 90 ($31k) Net assets 84 ($6k)2019 Revenue 32 ($12k) Expenses 12 ($4k) Net assets 199 ($14k)2020 Revenue 8 ($3k) Expenses 7 ($2k) Net assets 209 ($15k)2023 Revenue 63 ($24k) Expenses 69 ($24k) Net assets 179 ($13k)2024 Revenue 77 ($30k) Expenses 73 ($26k) Net assets 236 ($17k)2025 Revenue 51 ($20k) Expenses 70 ($25k) Net assets 164 ($11k)
2017201820192020202320242025
Revenue (51)Expenses (70)Net assets (164)Peer revenue range

Balance sheet

Total assets at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $6k to $14k (+137%).

$7k
$6k
$14k
$15k
$13k
$17k
$11k
2017201820192020202320242025
Total assets

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of Raaga Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (78% for the typical peer).

This organization
Typical peer · 18,855 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

$3k
’17
−$1k
’18
$8k
’19
$683
’20
−$147
’23
$4k
’24
−$5k
’25
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $4k → $1k.

From the IRS filings of Raaga Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Raaga Inc leans on a few funders — its largest provides 70% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

70%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2020 75% · 2021 80% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Raaga Inc draws 90% of its grant income from funders outside Florida, across 4 states in all.

NY
IA
DE
FL

In-state vs out-of-state, by year

’20
’21
’23
Florida out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Raaga Inc's revenue fell 49% between 2017 and 2025.

Operating margin−26% · bottom quartile
Revenue growth (annualized)−8% · below the median

this organization peer median middle 50% of peers· 10,713 arts & culture nonprofits under $100k, FY2025

Organizations like Raaga Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Raaga Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Raaga Inc?
Raaga Inc (Florida) receives grants from 4 organizations whose IRS filings report $12,200 to it, the largest being Asvins Foundation ($8,500). 2 of them have funded it in more than one year.
How many funders does Raaga Inc have?
IRS filings report 4 organizations giving $12,200 in grants to Raaga Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Raaga Inc?
Asvins Foundation is the largest funder on record, with $8,500 in grants. The full list of funders is on this page.
How can an organization like Raaga Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Raaga →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing