Science For Monks
- Assets
- $312.8k
- Revenue
- $418.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Boston, MA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-3217838
Organization Overview
Science For Monks is located in Boston, MA. The organization was established in 2016. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Science For Monks 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, Science For Monks generated $418.5k in total revenue. All expenses for the organization totaled $249.2k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE TIBETAN MONASTICS IN SCIENCE AND DIALOGUE, ENCOURAGE AND ENGAGE SCIENCE CENTER LEADERSHIP IN THE TIBETAN MONASTIC COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH INSTITUTES, WORKSHOPS, EXHIBITIONS, CONFERENCES, RESEARCH INVESTIGATIONS, AND MENTORSHIP VISITS, OUR PROGRAMS BRIDGE EASTERN AND WESTERN KNOWLEDGE, BRINGING SCIENCE TO MONASTICS AND BUDDHIST WISDOM TO THE WORLD OF SCIENCE AND TO A GLOBAL AUDIENCE. OUR PROGRAMS INVEST IN THE CAPACITY OF THE TIBETAN MONASTIC COMMUNITY IN INDIA, NEPAL, AND BHUTAN TO DRIVE NEW LEARNING AND SCIENTIFIC INQUIRY. THIS IS THE SIXTH YEAR OF THE ORGANIZATION AND IT IS PROJECTED TO GROW SLOWLY IN THE COMING YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryce Johnson President | OfficerTrustee | 40 | $47,913 |
Bobby Sager Chairman | OfficerTrustee | 0.25 | $0 |
Michael Byrne Secretary Treasuer/director | OfficerTrustee | 40 | $0 |
Ken Tsunoda Treasurer | OfficerTrustee | 0.25 | $0 |
Geshe Lhakdor Director | Trustee | 0.25 | $0 |
Financial Statements
| 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 | $418,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $418,532 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| 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 | $418,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,370 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,755 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,083 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,116 |
| Fees for services: Accounting | $0 |
| 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 | $15,786 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $582 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $190 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $249,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,701 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $85,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $312,824 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $312,824 |
| 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 | $312,824 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Science For Monks has recieved totaling $197,032.
| Awarding Organization | Amount |
|---|---|
John Templeton Foundation West Conshohocken, PA PURPOSE: INTERFACES FOR ENGAGEMENT: PROGRAMMING MONASTIC SCIENCE CENTERS | $197,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Rhode Island Research Foundation Kingston, RI | $7,209,460 | $8,986,945 |
Public Archaeology Laboratory Inc Pawtucket, RI | $13,550,975 | $5,708,480 |
William & Mary Greve Foundation Inc Norfolk, CT | $26,806,956 | $4,445,583 |
American Vacuum Society Incorporated New York, NY | $15,639,477 | $3,580,323 |
Art Science Research Laboratory Inc New York, NY | $240,453 | $3,090,633 |
Interaction Institute Boston, MA | $4,627,027 | $4,733,561 |
New York Wine Grape Foundation Penn Yan, NY | $1,037,774 | $2,662,535 |
Fragrance Foundation Inc New York, NY | $4,383,743 | $2,574,957 |
Policy Research Inc Delmar, NY | $614,854 | $1,916,396 |
The Solar Foundation Albany, NY | $0 | $1,336,664 |
Research Institute For Learning And Development Lexington, MA | $900,600 | $1,374,678 |
New York State Association For Latham, NY | $359,200 | $986,634 |