Lotus Center Of Silver City is located in Silver City, NM. The organization was established in 2015. According to its NTEE Classification (X70) the organization is classified as: Hinduism, 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. Lotus Center Of Silver City 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, Lotus Center Of Silver City generated $136.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $103.4k during the year ending 12/2022. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
YOGA, MEDITATION ECSTATIC DANCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Goin President | 60 | $15,031 | |
Rebecca Glenn Director | 10 | $7,210 | |
Katherine Feist Director | 5 | $0 | |
Natalie Hall Director | 5 | $0 | |
Suzanne Gershenson Treasurer | 5 | $0 | |
Tina Oldknow Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,612 |
| Total Program Service Revenue | $42,117 |
| Membership dues | $0 |
| Investment income | $81 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,367 |
| Other Revenue | $26,315 |
| Total Revenue | $136,492 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,255 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $19,361 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,804 |
| Total expenses | $103,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,803 |
| Other assets | $0 |
| Total assets | $298,077 |
| Total liabilities | $192,169 |
| Net assets or fund balances | $105,908 |