Welcome to Adishakti

Adishakti's finance

Adishakti is financed via:

Grants and donations, and Self-generated revenues

Grants & donations

Adishakti is grateful for financial support received since its inception from a range of prominent organizations, trusts and individuals, This support has enabled: Infrastructure development – theatre, guest-house, residences, solar power generators, gardens Research, Artist Collaborations, exchanges and residencies, Acquisition and/or construction of musical instruments and other performance equipment , Development of an extensive performing arts, cinema, literary and music library.

Private individuals

Charles Wallace India trust

The Bryan Guinness Charitable Trust

Self-generated revenues

An important goal of Adishakti is self-sustainability
To this end, Adishakti has deliberately increased its self-generated revenues, which are derived from:
Guest-house rentals, Performance fees, and Produce sales – cow's milk and coconuts.
In the past Adishakti has also derived revenue from interest on grants. However, these grants have been expended on programs, development and operations and interest is not expected to continue.

Self - Generated Income
Actual
Year	2002	2003	2004
Guest house rentals	n/a	n/a	1,14,000
Adisakti's perfomance fees	25,000	25,000	3,16,390
Produce sales - coconuts	n/a	n/a	7,200
Produce sales - cow's milk	n/a	n/a	14,112
Interest	12,07,004	6,29,016	6,14,417
Total Self-generated Income (excludes Corpus income)	12,32,004	6,54,016	10,93,119

Adishakti's future plans

Proposed future activities
Financial requirements
The need to raise a Corpus

Proposed future activities

Adishakti plans to continue its artistic work in the following key ways, namely by:

Conducting ongoing artist exchanges and residencies with:

Sri Krishnan, an instrument maker from Palghat, heir to a family tradition of making instruments like the eddikya, mizhavu, chenda and madalam

Sri Ramesh Lakshmanji Kalaripayattu practitioner

K Girish Tantric practitioner , Director, Tantric Vidya Peetham, Alwaye

M.P.S. Namboodripad Kathakkali guru

Bireshwar Gautam Thumari and Kathak performer

Australian visual and performing artists via the AsiaLink foundation

Actors from the International Theatre Centre, Lisbon, Portugal, 2005

Actors Translit, Barcelona, Spain, 2005

Researching new forms and developing new performances Extending collaborations with Asian neighbors, including:

Japan – a continuation of pre-existing collaborations
China - with martial arts practitioners who are also performers
Pakistan – with theatrical and performance artists

Engaging with expert practitioners from other fields, including:

Soudhamini, film maker

Sampandanada Mishra Chhanda Shastra expert

Dr. Ramachandra Gandhi Philosopher

Dr. Ashis Nandi Cultural psychologist

Dr Muhamad Kunhi, Director of Forest Research

Dr. Mahesh Rangarajan Environmental historian and journalist

Tayeb Mehta Visual artist .

Adishakti also plans to offer its space, free of charge, for one month in the year to theatre companies across India, to enable them to create new work In addition to its artistic work, Adishakti plans to increase its self-generated revenues by: Renting out the Theatre, Offering accommodation and meals in its Guest House to artists from India and around the world, Improving yields on produce sales.

Future financial requirements

In order to achieve its plans for the future, Adishakti anticipates growth in expenditure between 2005-2007. While self-generated revenue is also predicted to grow, budget forecasts show that in the absence of alternative additional funding, Adishakti will experience a significant shortfall in future years.

	2002	2003	2004	2005	2006	2007	2008
Total grant income	9,46,0079	30,38,006	16,48,046	-	-	-	-
Total Self-generated income	12,36,004	6,54,016	10,93,119	6,81,712	11,82,412	16,89,160	16,89,160
Total Expenditure	24,00,000	24,11,000	24,11,000	30,88,600	31,19,800	36,01,000	36,01,000
Budget surplus / (Shortfall) without corpus	82,92,083	12,81,002	3,30,165	-24,06,888	-19,37,388	-19,11,840	-19,11,840

The need to raise a Corpus

Adishakti is seeking to raise a Rupees 6 Crore Corpus over the next 3 years from interested organizations and individuals. (It has already raised Rs. 500,000 from the Sir Ratan Tata Trust towards this Corpus). The Corpus will be preserved, and part of the interest generated from it will be used along with Adishakti's self-generated income to finance operational costs. The rest will be “ploughed back” into the Corpus. Such a scheme will give Adishakti more certainty over its otherwise precarious future, and enable it to accommodate program growth and inflation.

	2002	2003	2004	2005	2006	2007	2008
Corpus raised				2,00,00,000	2,00,00,000	2,00,00,000
Interest on Corpus	n/a	n/a	n/a	10,00,000	20,00,000	31,00,000	31,00,000
Total grant Income	94,60,079	30,38,006	16,48,046
Total Self-generated Income	12,32,004	6,54,016	10,93,119	6,81,712	11,82,412	16,89,160	16,89,160
Total Expenditure	24,00,000	24,11,000	24,11,000	30,88,600	31,19,800	36,01,000	36,01,000

Sponsorship benefits

Adishakti would like to tailor a benefits package to the needs of each of its sponsors – one that fully recognises their important contribution.
Among the possible benefits which could be discussed are:
Branding and naming rights Publicity in Adishakti's documentation, at performances, workshops and other events
Invitations to performances and special introductions to artists
Sabbaticals for sponsors and their affiliates at the Adishakti campus
Participation in workshops and residencies.

Detailed financials

A detailed budget showing historical and forecast revenue and expenditure for the years 2002 - 2008, supported by assumptions, is available to interested sponsors upon request.

If you are interested in contributing to Adishakti please go to the contact page and write to us.