The Temple Of Understanding Inc is located in West Tisbury, MA. The organization was established in 1961. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temple Of Understanding 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 12/2023, Temple Of Understanding Inc generated $188.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $187.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE WORLDWIDE INTERFAITH EDUCATION AND DIALOGUE FOR THE PURPOSE OF ACHEIVING UNDERSTANDING AND HARMONY AMONG THE PEOPLE OF THE WORLD'S RELIGIONS.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,621 |
| Total Program Service Revenue | $26,635 |
| Membership dues | $0 |
| Investment income | $11,274 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $188,530 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,833 |
| Occupancy, rent, utilities, and maintenance | $7,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $177,292 |
| Total expenses | $187,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,305 |
| Other assets | $0 |
| Total assets | $247,305 |
| Total liabilities | $143,641 |
| Net assets or fund balances | $103,664 |