Ragya Mahayana Buddhist Cultural Center is located in Marshall, VA. According to its NTEE Classification (X50) the organization is classified as: Buddhism, 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. Ragya Mahayana Buddhist Cultural Center 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, Ragya Mahayana Buddhist Cultural Center generated $93.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $75.0k during the year ending 12/2023. While expenses have increased by 31.3% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GROUP STUDY AND WORK SHOP FACILITATE PUBLIC TEACHING SESSIONS BY BUDDHIST MASTERS AND LAMAS ORGANIZE LECTURES AND SEMINARS TO DISCUSS TOPICS
Describe the Organization's Program Activity:
Part 3
FEBRUARY 2020 GROUPSTUDY NEW YEAR EVENT ONE DAY IN BURKE VA
JULY 2020 GROUPSTUDY BUDDHAS DAY EVENT ONE DAY IN BURKE VA
DECEMBER 2020 GROUPSTUDY THREE DAYS IN MARSHALL VA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shingza Tulku Director Lead Instructo | 60 | $21,000 | |
Dongmei Liang Director Accounting | 40 | $8,000 | |
Wei Liu Director Operation | 25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,465 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,465 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $360 |
| Other expenses | $44,035 |
| Total expenses | $74,995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,122 |
| Other assets | $0 |
| Total assets | $24,122 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,122 |