Kurukulla Center For Tibetan Buddhist Studies Inc
- Assets
- $672.1k
- Revenue
- $142.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Medford, MA
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 04-3074862
Organization Overview
Kurukulla Center For Tibetan Buddhist Studies Inc is located in Medford, MA. The organization was established in 1990. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Kurukulla Center For Tibetan Buddhist Studies Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kurukulla Center For Tibetan Buddhist Studies Inc 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 12/2021, Kurukulla Center For Tibetan Buddhist Studies Inc generated $142.9k 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 (11.6%) each year. All expenses for the organization totaled $132.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TEACHINGS IN BUDDHIST PHILOSOPHY
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL SUPPORT PROGRAMS: THE CENTER HOLDS WEEKLY CLASSES, GROUP PRACTICES AND OTHER EVENTS TO PROMOTE THE STUDY AND PRACTICE OF THE TIBETAN BUDDHIST TRADITION. THE CENTER OFFERS REGULAR CLASSES OF PHILOSOPHICAL TOPICS, GROUP PRACTICES AND CELEBRATIONS, VISITING TEACHERS SPEAKING ON A VARIETY OF RELATED TOPICS, A SMALL BOOKSTORE AND YOGA CLASSES. THE CENTER ALSO HOUSES A RESIDENT GESHE (TEACHER). IN FOLLOWING THE BUDDHIST TRADITION, THE GESHE HAS TAKEN A VOW OF POVERTY AND IS SUPPORTED BY THE CENTER.
BUILDING PROJECT:THIS PROGRAM SUPPORTS THE IMPROVEMENT AND MAINTENANCE OF THE BUILDINGS AND GROUNDS WHICH ARE THE SITE OF ALL LOCAL PROGRAMS AND MEETINGS HELD IN FURTHERANCE OF THE CENTER'S MISSION. THIS PROGRAM INCLUDES CULTURAL PRESERVATION PROJECTS SUCH AS THE CONSTRUCTION OF A STUPA (SACRED MONUMENT) ON THE GROUNDS. THE BUILDING, WHICH WAS PURCHASED IN 2001, IS ALSO USED TO HOUSE THE RESIDENT TEACHERS, RESIDENT TRANSLATOR AND VISITING TEACHERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryce Schintzius Executive Director | OfficerTrustee | 20 | $0 |
Shelley Hagan Secretary | OfficerTrustee | 0.3 | $0 |
Jennifer Miller Treasurer | OfficerTrustee | 0.3 | $0 |
Wendy Cook President | OfficerTrustee | 0.3 | $0 |
Harry Duvall Board Member | Trustee | 0.3 | $0 |
Tsering Lama Board Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,401 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $124,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,441 |
| Total Program Service Revenue | $0 |
| Investment income | $134 |
| 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 | -$2,638 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,937 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,891 |
| Payroll taxes | $2,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,840 |
| Fees for services: Accounting | $7,036 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,122 |
| Advertising and promotion | $540 |
| Office expenses | $17,467 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $158 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,005 |
| Insurance | $14,395 |
| All other expenses | $0 |
| Total functional expenses | $132,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,581 |
| Savings and temporary cash investments | $40,033 |
| 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 | $3,591 |
| Net Land, buildings, and equipment | $394,080 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $180,794 |
| Total assets | $672,079 |
| Accounts payable and accrued expenses | $769 |
| 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 | $769 |
| Net assets without donor restrictions | $629,049 |
| Net assets with donor restrictions | $42,261 |
| 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 | $672,079 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kurukulla Center For Tibetan Buddhist Studies Inc has recieved totaling $6,801.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,568 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |