Tibetcenter
- Assets
- $135.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 36-4282929
Organization Overview
Tibetcenter is located in Chicago, IL. The organization was established in 2000. 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. Tibetcenter 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, Tibetcenter generated $17.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $23.7k during the year ending 12/2021. While expenses have increased by 7.3% 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
2021
Describe the Organization's Program Activity:
Part 3
OTHER THAN A FEW YOGA CLASSES, DISTRIBUTION OF TIBETEDUCATOR AND LENDING OF BOOKS ON TIBET, THE DALAI LAMA, AND TIBETAN BUDDHISM, THE CENTER COULD NOT ORGANIZE PROGRAMS AS IN THE EARLIER YEARS BECAUSE OF THE COVID-19 PANDEMIC, THAT RESTRICTED GATHERING OF PUBLIC, TRAVELING OF TIBETAN SCHOLARS FROM INDIA. THE CENTER IS STARTING WITH ITS REGULAR PROGRAMS BEGINNING TUESDAY, MAY 24, 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yiwong Tenzin Secretary | 10 | $8,122 | |
Tashi Tsering Phuri President | 10 | $6,000 | |
Tsering Dolma Treasurer | 10 | $0 | |
Samten Wangmo Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,655 |
| 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 | $17,655 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $14,122 |
| Salaries, other compensation, and employee benefits | $3,600 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,955 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $23,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,681 |
| Other assets | $0 |
| Total assets | $135,352 |
| Total liabilities | $13,680 |
| Net assets or fund balances | $121,672 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tibetcenter has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Vipassana Association Pecatonica, IL | $2,270,658 | $1,050,702 |
Congregation Of Vietnamese Buddhists Chicago-Quang Minh Tmple Chicago, IL | $1,059,522 | $369,487 |
Tsogyaling Meditation Center Of Evanston Evanston, IL | $2,454,459 | $340,777 |
Chua Quan Am Kansas City Buddhist Association Kansas City, MO | $190,307 | $318,764 |
Vietnamese Unified Buddhist Chicago, IL | $2,635,306 | $323,819 |
Institute For Zen Leadership Madison, WI | $92,245 | $155,271 |
Kumbum Chamtse-Ling Inc Bloomington, IN | $973,683 | $343,042 |
Swaminarayan Satsang Mandal Of Chicago Palatine, IL | $1,871,471 | $868,890 |
Bultasa Buddhist Temple Of Chicago Chicago, IL | $2,297,868 | $295,845 |
Lien Hoa Buddhist Temple-Chua Lien Hoa Chicago, IL | $708,756 | $198,900 |
Ishaya Foundation St James, MO | $338,527 | $0 |
Vietnamese And American Buddhist Association Corp Indianapolis, IN | $169,387 | $0 |