Blue Mountain Center Of Meditation Inc
- Assets
- $4.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 21
- Location
- Tomales, CA
- Founding
- 05/1967
- Data as of
- 12/2023
- EIN
- 94-6131608
Organization Overview
Blue Mountain Center Of Meditation Inc is located in Tomales, CA. The organization was established in 1967. As of 12/2023, Blue Mountain Center Of Meditation Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Mountain Center Of Meditation 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 12/2023, Blue Mountain Center Of Meditation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. While expenses have increased by 1.4% 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
TO CHANGE LIVES AND BUILD A BETTER WORLD BY PUBLISHING SRI EKNATH EASWARAN'S TIMELESS WORDS, TEACHING HIS EIGHT POINT PROGRAM OF PASSAGE MEDITATION, PRESERVING HIS LEGACY AND MAINTAINING A SPIRITUAL COMMUNITY DEDICATED TO THE DAILY PRACTICE OF PASSAGE MEDITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ONLINE RETREATS WHICH INCLUDED RECORDED TALKS BY EASWARAN, MEDITATION SESSIONS AND GROUP WORKSHOPS DESIGNED TO EXPAND ONE'S UNDERSTANDING OF PASSAGE MEDITATION AND ITS APPLICATION TO DAILY LIFE. OFFERED A SLIDING SCALE FEE STRUCTURE AND SCHOLARSHIPS TO OUR MEDITATION RETREATS TO MAKE THEM AVAILABLE TO ALL. HELD FREE WEEKLY PUBLIC FELLOWSHIP WEBINAR TO PROVIDE INSPIRATION, OFFERED A FREE MONTHLY VIDEOTAPED TALK SUBSCRIPTION AND PROVIDED FREE ACCESS TO THE EASWARAN DIGITAL LIBRARY OF VIDEO AND AUDIO TALKS, FOR LEADING THE SPIRITUAL LIFE IN THE HOME AND COMMUNITY, AND FREE ONLINE INSTRUCTIONS AND RESOURCES TO LEARN PASSAGE MEDITATION.
PUBLICATION AND SALE OF BOOKS, AUDIO AND VIDEO RECORDINGS OF EKNATH EASWARAN'S SPIRITUAL TALKS; PUBLICATION OF A FREE JOURNAL FOR SPIRITUAL LIVING TO PROVIDE INSPIRATION AND HOPE TO THE READERS; FREE OFFERINGS ON OUR WEBSITE TO SUPPORT A MEDITATION PRACTICE AND PROVIDE INSPIRATION; MAINTAINING A COMPLETE ARCHIVE OF EKNATH EASWARAN'S WRITTEN AND RECORDED TEACHINGS.THE MEDITATION METHOD (PASSAGE MEDITATION) IS NONDENOMINATIONAL AND NONSECTARIAN. IT CAN BE USED WITHIN EACH PERSONS OWN CULTURAL AND RELIGIOUS OR NON-RELIGIOUS BACKGROUND.
MAINTAINED A SPIRITUAL COMMUNITY IN ORDER TO DEMONSTRATE EKNATH EASWARAN'S EIGHT POINT PROGRAM AND TO PRESERVE THE PURITY OF THESE TEACHINGS AND LEGACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bishop-Retired 32024 Trustee/presi | OfficerTrustee | 38 | $47,612 |
Joan Barnicle-Resigned 62024 Treasurer/secre | OfficerTrustee | 38 | $46,630 |
Katherine Madison Nichols Trustee | Trustee | 37 | $42,759 |
Satish Kappagantula Planning Offr | OfficerTrustee | 37 | $40,037 |
Beth Ann O'connell Trustee | Trustee | 20 | $9,617 |
Sultana Harvey Trustee | Trustee | 5 | $3,640 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $821,672 |
| Noncash contributions included in lines 1a–1f | $10,137 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $821,672 |
| Total Program Service Revenue | $98,950 |
| Investment income | $75,705 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $19,556 |
| Net Rental Income | $12,000 |
| Net Gain/Loss on Asset Sales | -$206 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $482,623 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,510,300 |
| 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. | $190,295 |
| Compensation of current officers, directors, key employees. | $75,852 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $402,616 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $49,541 |
| Payroll taxes | $46,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,595 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $40,343 |
| Information technology | $55,762 |
| Royalties | $0 |
| Occupancy | $96,263 |
| Travel | $0 |
| 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 | $91,060 |
| Insurance | $44,234 |
| All other expenses | $61,093 |
| Total functional expenses | $1,633,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,546 |
| Savings and temporary cash investments | $999,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $143,532 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $235,458 |
| Prepaid expenses and deferred charges | $6,325 |
| Net Land, buildings, and equipment | $1,038,624 |
| Investments—publicly traded securities | $1,532,893 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,527 |
| Other assets | $0 |
| Total assets | $4,220,619 |
| Accounts payable and accrued expenses | $106,769 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,050 |
| Total liabilities | $156,819 |
| Net assets without donor restrictions | $4,063,800 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,220,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blue Mountain Center Of Meditation Inc Tomales, CA | $4,220,619 | $1,510,300 |
Institute For The Study Of Human Knowledge San Jose, CA | $857,289 | $320,894 |
California Yoga Teachers Association Martinez, CA | $1,826,527 | $309,567 |
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Foundation Of I Inc Freedom Of The Cosmos Waianae, HI | $880,119 | $64,671 |
Berkeley Aikikai Berkeley, CA | $105,317 | $0 |
Teleos Institute Scottsdale, AZ | $30,585 | $0 |
Eureka Society Mount Shasta, CA | $715,741 | $129,641 |
San Francisco Bay Area Yan Xin Qigong Society San Francisco, CA | $1,336,642 | $107,400 |