Machik Corp, operating under the name Machik, is located in Washington, DC. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2022, Machik employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Machik is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Machik generated $178.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $261.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MACHIK'S PRIMARY PURPOSE IS TO GROW A GLOBAL COMMUNITY FOR A STRONGER FUTURE FOR TIBET THROUGH CIVIC ENGAGEMENT, GENDER EQUITY, SOCIAL INNOVATION, AND GOVERNANCE. THE ORGANIZATION PRIORTIZES COMMUNITY-BASED INITIATIVES THAT DRAW ON INNOVATIVE SOLUTIONS. MACHIK ALSO ENGAGES IN RESEARCH THAT SERVES THE PURPOSE OF THE OVERALL MISSION OF THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC ENGAGEMENT PROGRAM--MACHIK CONTINUED TO GROW PUBLIC EDUCATION TO A BROAD COMMUNITY OF TIBETANS, AMERICANS AND GLOBAL CITIZENS ABOUT THE VITAL IMPORTANCE OF ENGAGEMENT FOR TIBET THROUGH A NUMBER OF INNOVATIVE INITIATIVES SUCH AS MACHIK WEEKEND, MACHK KORA, AND MACHIK COMMENCEMENT CELEBRATION. THE 16TH ANNUAL MACHIK WEEKEND WAS WELL-ATTENDED WITH APPROXIMATELY 300 PEOPLE ATTENDING, INCLUDING IN-PERSON AND VIRTUALLY. THE DIVERSE PARTICIPANTS LEARNED MORE ABOUT SOCIAL INNOVATION AND ENGAGEMENT FOR TIBET, AND BUILDING GREATER UNDERSTANDING AMONG DIVERSE GROUPS. THE MACHIK COMMENCEMENT CELEBRATION ONCE AGAIN CONVENED TIBETANS AND SUPPORTERS FROM AROUND THE WORLD FOR A CONVERSATION ABOUT THE VALUE AND IMPACT OF EDUCATION AND THE SOCIAL RESPONSIBILITY THAT COMES WITH EDUATION. THE MACHIK COMMUNITY SCREENING PROGRAM CONTINUED TO ENGAGE DIVERSE AUDIENCES ABOUT TIBETAN LANGUAGE RESILIENCE AND SHARED KEY VIEWPOINTS THROUGH STORIES TOLD THROUGH TIBETAN STANDPOINTS.
GENDER EQUITY PROGRAM--MACHIK WAS FOUNDED ON A CORE COMMITMENT TO PROMOTING WOMEN'S EDUCATION, CAPACITY BUILDING AND EMPOWERMENT. ONE OF OUR OVERARCHING PROGRAM PRIORITIES HAS BEEN THE DEVELOPMENT OF PROJECTS THAT REDUCE THE STRUCTURAL INEQUALITIES FACING TIBETAN WOMEN TODAY. IN ALL PROGRAMS ACROSS THE BOARD, WE PRIORITIZE WOMEN'S ACCESS TO OPPORTUNITIES AND TO LEADERSHIP ROLES. WE WORK TO ENSURE WOMEN'S AND GIRLS' REPRESENTATION IN ALL OUR PROGRAMS. WELL OVER HALF OF MACHIK PROGRAM PARTICIPANTS ARE ALSO FEMALE. WE PUBLICLY HIGHLIGHT KEY TOPICS SUCH AS GENDER DISPARITY AND GENDER BASED VIOLENCE IN THE TIBETAN COMMUNITY. THIS YEAR WE ALSO CONTINUED TO PROMOTE GENDER EQUITY IN TIBETAN COMMUNITIES, INCLUDING MENTORSHIP OF TIBETAN WOMEN INTERNS, VOLUNTEERS, AND CHANGEMAKERS FROM TIBET. WE HIGHLIGHTED HEALTHY MASCULINITY THROUGH A KEY PANEL AT THE 16TH MACHIK WEEKEND.
GOVERNANCE PROGRAM--WE CONTINUED TO PARTNER WITH GWU ON GOVERNANCE AS IT RELATES TO RESEARCH, EDUCATION AND SOCIAL INNOVATION IN TIBET AS THIS AFFECTS OUR PROGRAMS WITH THE TIBET GOVLAB. THIS PROGRAM CONTINUED RESEARCH TO CREATE MORE UNDERSTANDING OF TIBETAN INNOVATION, COMMUNITY NEEDS AND POSSIBLE WAYS FORWARD.
SOCIAL INNOVATION PROGRAM--MACHIK FIRST INNOVATED THE EFFORT TO SPECIFICALLY IDENTIFY AND SUPPORT SOCIAL INNOVATORS IN TIBET. WE CONTINUED TO SUPPORT THEM BY WORKING TO CONNECT TIBETAN INNOVATORS TO NEW NETWORKS AND TO GLOBAL INSTITUTIONS. WE CREATE NEW PLATFORMS FOR THEIR STORIES AND VISIONS WHICH IN TURN GENERATE GREATER LEARNING AND UNDERSTANDING OF TIBETAN LIVES TODAY. IN 2022, WE CONTINUED TO BUILD BRIDGES OF UNDERSTANDING BY FEATURING NINE SPEAKERS FROM TIBET AT THE 16TH MACHIK WEEKEND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Losang Rabgey President/ Treasurer | Officer | 40 | $64,900 |
Tashi Rabgey Vice President/ Secretary | OfficerTrustee | 15 | $0 |
Rebecca Martin Chair Of Board Of Directors | Trustee | 4 | $0 |
Barbara Kelley Director | Trustee | 2 | $0 |
Tim Ward Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $161,039 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $161,039 |
Total Program Service Revenue | $4,928 |
Investment income | $12,646 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $178,613 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $55,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $64,900 |
Compensation of current officers, directors, key employees. | $2,596 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,311 |
Pension plan accruals and contributions | $1,947 |
Other employee benefits | $11,904 |
Payroll taxes | $8,767 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $18,078 |
Information technology | $4,222 |
Royalties | $0 |
Occupancy | $10,965 |
Travel | $3,904 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,364 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $286 |
Insurance | $4,253 |
All other expenses | $0 |
Total functional expenses | $261,349 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,527 |
Savings and temporary cash investments | $917,731 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,274 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,500 |
Total assets | $970,032 |
Accounts payable and accrued expenses | $18,189 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $18,189 |
Net assets without donor restrictions | $951,843 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $970,032 |