Indiana Falun Dafa Association Incorporated
- Assets
- $377.7k
- Revenue
- $643.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 01/2009
- Data as of
- 04/2022
- EIN
- 26-3228411
Organization Overview
Indiana Falun Dafa Association Incorporated is located in Indianapolis, IN. The organization was established in 2009. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Falun Dafa Association Incorporated 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 04/2022, Indiana Falun Dafa Association Incorporated generated $643.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $465.5k during the year ending 04/2022. While expenses have increased by 10.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PROMOTE TRADITIONAL CHINESE CULTURE; TO ENHANCE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN OUR COMMUNITIES THROUGH SPREADING FALUN DAFA; TO PROMOTE UNIVERSAL PRINCIPLES OF TRUTHFULNESS, COMPASSION AND FORBEARANCE; AND TO EXTEND THE MORAL ADVANCEMENT OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRESERVE AND PROMOTE TRADITIONAL CHINESE CULTURE, HOSTED THE SHEN YUN PERFORMING ARTS SHOWS AT CLOWES MEMORIAL HALL, INDIANAPOLIS, IN,ON OCTOBER 02, 2021. ABOUT 2,300 PEOPLE ENJOYED THE CLASSICAL CHINESE DANCE AND MUSIC SHOWS. ENRICHED COMMUNITY CULTURE DIVERSITY.
ENHANCED THE HEALTH AND WELL-BEING OF ALL PEOPLE IN OUR COMMUNITIES THROUGH INTRODUCING CHINESE TRADITIONAL MIND AND BODY CULTIVATION AND PRACTICE SYSTEM - FALUN DAFA (FALUN GONG) VIA WEEKLY FREE TEACHING CLASSES AT INDIANAPOLIS DOWNTOWN. THE FREE CLASSES WERE OFFERED BY VOLUNTEERS, NO EXPENSES AND NO REVENUE.
PROMOTED UNIVERSAL PRINCIPLES OF TRUTHFULNESS, COMPASSION AND FORBEARANCE VIA INDIANAPOLIS INTERNATIONAL FESTIVAL, INDIANAPOLIS ASIAN FESTIVAL, AND ETC.THE ACTIVITIES WERE ORGANIZED AND PARTICIPATED BY VOLUNTEERS, NO EXPENSES AND NO REVENUE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hong Zhu President | Officer | 4 | $0 |
Lixuan Tackett Board Member | Officer | 4 | $0 |
Anna Gong Board Member | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $344,244 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,244 |
| Total Program Service Revenue | $298,897 |
| Investment income | $0 |
| 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 | $643,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $283,756 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,000 |
| Travel | $17,953 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $868 |
| All other expenses | $10,509 |
| Total functional expenses | $465,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,669 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $377,669 |
| 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 | $200,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $200,000 |
| Net assets without donor restrictions | $0 |
| 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 | $177,669 |
| Total liabilities and net assets/fund balances | $377,669 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ravinia Festival Association Highland Park, IL | $230,171,878 | $43,242,885 |
Cave Hill Investment Company Louisville, KY | $206,891,533 | $9,697,721 |
Irish Festivals Inc Wauwatosa, WI | $3,948,548 | $3,527,102 |
Artists In Motion Inc Indianapolis, IN | $1,277,049 | $1,242,334 |
Thelma Sadoff Center For The Arts Inc Fond Du Lac, WI | $5,501,310 | $863,155 |
Hoogland Center For The Arts Inc Springfield, IL | $6,969,049 | $1,022,079 |
Kuumba Lynx Chicago, IL | $1,227,292 | $991,440 |
International Violin Competition Of Indianapolis Inc Indianapolis, IN | $1,812,080 | $819,704 |
Natya Dance Theatre Oakbrook, IL | $1,497,460 | $845,551 |
Tobacco Road Incorporated Chicago, IL | $6,766,640 | $242,517 |
Circus Flora Inc Saint Louis, MO | $192,585 | $837,921 |
Indiana Ballet Conservatory Inc Carmel, IN | $193,640 | $651,465 |