Institute Of Metaphysical Science is located in La Jolla, CA. The organization was established in 1961. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute Of Metaphysical Science 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 06/2020, Institute Of Metaphysical Science generated $32.4k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $44.0k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 4 years. 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
2020
Describe the Organization's Program Activity:
Part 3
ORGANIZATION CONDUCTED SEVERAL DIFFERENT RELIGIOUS EDUCATIONAL SEMINARS, DISTRIBUTED RELIGIOUS EDUCATIONAL LITERATURE, LETTERS, QUARTERLY PUBLICATIONS, BOOKS AND TAPES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Betty Albee President | 20 | $0 | |
Kim Albee Secretary | 4 | $0 | |
Craig Coleman Teleconference | 4 | $0 | |
Melinda Swenson Board Member | 4 | $0 | |
Bruce Manuel Editor | 4 | $0 | |
Ron Wallace 1st Vice-Pres | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,293 |
Total Program Service Revenue | $12,966 |
Membership dues | $0 |
Investment income | $5,141 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $32,400 |
Statement of Expenses | |
---|---|
Total expenses | $43,997 |
Balance Sheet | |
---|---|
Total assets | $13,508 |
Total liabilities | $0 |
Net assets or fund balances | $13,508 |