Madison Vipassana Inc
- Assets
- $14.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 06/2002
- Data as of
- 12/2019
- EIN
- 39-2042841
Organization Overview
Madison Vipassana Inc is located in Madison, WI. The organization was established in 2002. 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. Madison Vipassana Inc 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 12/2019, Madison Vipassana Inc generated $43.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $38.6k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
PROVIDE OPPORTUNITIES FOR PRACTICE OF SAMATHA/VIPASSANA MEDITATION AND ACCESS TO THE TEACHINGS OF THE BUDDHA THROUGH MEDITATION RETREATS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Creswell President | 5 | $0 | |
Cathy Loeb Secretary | 5 | $0 | |
Jayson Chung Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $43,166 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $168 |
| Other expenses | $38,445 |
| Total expenses | $38,613 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,492 |
| Other assets | $0 |
| Total assets | $14,352 |
| Total liabilities | $3,710 |
| Net assets or fund balances | $10,642 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sachen Foundation Golden Valley, MN | $2,744,211 | $220,447 |
Illinois Vipassana Association Pecatonica, IL | $2,270,658 | $1,050,702 |
Friends Of Garezers Inc Ada, MI | $5,581,240 | $146,132 |
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 |
Niem Phat Buddhist Temple - Chua Niem Phat Saint Paul, MN | $0 | $0 |
Vietnamese Unified Buddhist Chicago, IL | $2,635,306 | $323,819 |
Institute For Zen Leadership Madison, WI | $92,245 | $155,271 |
Vietnamese Buddhist Association Roseville, MN | $2,409,562 | $275,237 |
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 |