Art Of Living Foundation
- Assets
- $30.5m
- Revenue
- $23.4m
- Investments
- $0.0
- Employees
- 31
- Location
- Walnut Creek, CA
- Founding
- 02/1995
- Data as of
- 12/2023
- EIN
- 77-0240101
Organization Overview
Art Of Living Foundation is located in Walnut Creek, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Art Of Living Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Art Of Living Foundation 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, Art Of Living Foundation generated $23.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $27.8m during the year ending 12/2023. While expenses have increased by 20.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TEACH ART OF LIVING COURSES, SUPPORT AND PERFORM CHARITABLE SERVICE PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERATED DONATIONS TO BUY AND DONATE FOOD, MASKS AND OTHER MEDICAL HELP TO THE HOSPITALS WORKING FOR COVID-19 PATIENTS. DONATIONS RECEIVED TO ACQUIRE A BUILDING FOR THE CENTER IN ATLANTA. DONATIONS RECEIVED TO SUPPORT EVENTS TO GET A BUILDING FOR THE CENTER IN DALLAS.
ART OF LIVING COURSES AND SERVICE PROJECTS; THE ART OF LIVING FOUNDATION CONDUCTED COURSES AND WORKSHOPS TO TEACH THOUSANDS OF PEOPLE STRESS RELIEF PRACTICES AND TECHNIQUES, YOGIC AND HEALTH PRACTICES, NON-VIOLENCE AND COMMUNITY SERVICE THROUGH ITS PROGRAMS.
THE ART OF LIVING FOUNDATION PROVIDED GRANTS TO NON-PROFIT ORGANIZATIONS IN INDIA UNDER THE DOLLAR A DAY PROGRAM TO BUILD SCHOOLS, HIRE TEACHERS AND PROVIDE SUPPLIES AND MATERIALS IN ORDER TO EDUCATE AND FINANCIALLY ASSIST THOUSANDS OF RURAL POOR CHILDREN AND THEIR FAMILIES.
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 |
|---|---|---|---|
Ruchika Lal Chairman | OfficerTrustee | 4 | $0 |
Kinjal Desai Board Member | Trustee | 4 | $0 |
David Dunbar Secretary | OfficerTrustee | 4 | $0 |
Michael Hirschberg Board Member | Trustee | 4 | $0 |
Chirag Patel Board Member | Trustee | 4 | $0 |
Jasbir Singh Treasurer | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Epic Aero Inc Flight Rental | 12/30/23 | $0 |
Cloudalgo Ptv Ltd Web & It Services | 12/30/23 | $0 |
Athreya Llc Consulting | 12/30/23 | $0 |
Salesforcecom Inc Web & It Services | 12/30/23 | $0 |
Sumeru Inc-v Advertising | 12/30/23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $13,010,892 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,010,893 |
| Total Program Service Revenue | $10,075,863 |
| Investment income | $136,395 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $106,263 |
| 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 | $83,368 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,412,782 |
| 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 | $1,240,336 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $282,591 |
| Payroll taxes | $98,095 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,340 |
| Fees for services: Accounting | $73,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $461,422 |
| Advertising and promotion | $3,220,746 |
| Office expenses | $573,683 |
| Information technology | $0 |
| Royalties | $207,569 |
| Occupancy | $604,363 |
| Travel | $1,467,442 |
| 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 | $440,453 |
| Insurance | $165,112 |
| All other expenses | $1,145,850 |
| Total functional expenses | $27,767,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,022,013 |
| Savings and temporary cash investments | $709,161 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $152,468 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $159,923 |
| Prepaid expenses and deferred charges | $362,802 |
| Net Land, buildings, and equipment | $11,217,634 |
| Investments—publicly traded securities | $154,023 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $509,568 |
| Other assets | $226,854 |
| Total assets | $30,514,446 |
| Accounts payable and accrued expenses | $3,357,475 |
| Grants payable | $0 |
| Deferred revenue | $340,197 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,487 |
| Total liabilities | $3,720,159 |
| Net assets without donor restrictions | $23,707,441 |
| Net assets with donor restrictions | $3,086,846 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $30,514,446 |