Nonprofit · EIN 04-3196447
MAHARISHI FOUNDATION USA INC
Tax-exempt · FAIRFIELD, IA 52556
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,351,796 | $13,230,827 | -$879,031 | $14,490,692 | $4,679,772 | $9,810,920 |
| December 31, 2023 | 990 | $14,393,869 | $14,780,812 | -$386,943 | $15,436,117 | $4,746,166 | $10,689,951 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,458,982
- Program service revenue
- $9,794,957
- Investment income
- $325,423
- Royalties
- $100,497
- Other revenue
- $772,434
Expenses
- Grants and similar amounts paid
- $1,248,414
- Compensation of officers, directors and key employees
- $186,000
- Other salaries and wages
- $2,368,995
- Salaries, compensation and benefits (total)
- $2,763,243
- Professional fundraising fees
- $0
- Legal fees
- $34,004
- Accounting fees
- $23,000
- Occupancy
- $1,634,848
- Travel
- $167,595
- Depreciation
- $177,214
- Program services (functional)
- $11,784,690
- Management and general (functional)
- $1,383,816
- Fundraising (functional)
- $62,321
Balance sheet and other
- Total assets, start of year
- $15,436,117
- Total assets, end of year
- $14,490,692
- Total liabilities, end of year
- $4,679,772
- Net assets, end of year
- $9,810,920
- Land, buildings and equipment
- $3,121,629
- Net assets without donor restrictions
- $8,181,121
- Net assets with donor restrictions
- $1,629,799
- Gross receipts
- $12,351,796
- Employees
- 126
- Volunteers
- 182
- Year formed
- 1993
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN HAGELIN | CEO & DIRECTOR Trustee or director, Officer | 35 | $78,000 |
| LEONARD HINTZ | DIRECTOR & COO Trustee or director, Officer | 40 | $72,000 |
| GARY KORF | CFO & TREASURER Officer | 40 | $36,000 |
| DR BEVAN G MORRIS | PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| TOM FACTOR | DIRECTOR Trustee or director | 1 | $0 |
| Howard Settle | director Trustee or director | 1 | $0 |
| Eric Schwartz | director Trustee or director | 1 | $0 |
| Neil Paterson | director Trustee or director | 1 | $0 |
| Maureen Wynne | director Trustee or director | 1 | $0 |
| Robert Daniels | director Trustee or director | 1 | $0 |
| Leonard Goldman | secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOHN HAGELIN | CEO & DIRECTOR Trustee or director, Officer | 35 | $78,000 |
| LEONARD HINTZ | DIRECTOR & COO Trustee or director, Officer | 40 | $72,000 |
| GARY KORF | CFO & TREASURER Officer | 40 | $41,700 |
| MICHAEL LACKMAN | CTO Officer | 0.25 | $38,400 |
| DR BEVAN G MORRIS | PRESIDENT & DIRECTOR Trustee or director, Officer | 1 | $0 |
| TOM FACTOR | DIRECTOR Trustee or director | 1 | $0 |
| Howard Settle | director Trustee or director | 1 | $0 |
| Eric Schwartz | director Trustee or director | 1 | $0 |
| Neil Paterson | director Trustee or director | 1 | $0 |
| Maureen Wynne | director Trustee or director | 1 | $0 |
| Robert Daniels | director Trustee or director | 1 | $0 |
| Leonard Goldman | secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 670, FAIRFIELD, IA 52556-0012
- In care of
- % GARY KORF
- Principal officer (990 for 2024)
- JOHN HAGELIN, PO BOX 670, FAIRFIELD, IA 52556
- Signed the 990
- JOHN HAGELIN, EXECUTIVE DIRECTOR
- Phone
- (641) 209-1879
- Website
- WWW.TM.ORG
- Return prepared by
- FRITH-SMITH & ARCHIBALD LLP
Mission
MAHARISHI FOUNDATION USA IS A NOT-FOR-PROFIT EDUCATIONAL ORGANIZATION WHOSE PURPOSE IS TO ADMINISTER AND SUPERVISE THE TEACHING OF TRANSCENDENTAL MEDITATION PROGRAMS AND ITS ADVANCED PROGRAMS THROUGHOUT THE UNITED STATES. THIS INCLUDES OFFERING PROGRAMS IN ALL AREAS OF MAHARISHI'S VEDIC SCIENCE AND TECHNOLOGY THAT ARE NEEDED TO CREATE HEALTHY, HAPPY, ENLIGHTENED INDIVIDUALS IN A PROSPEROUS AND HARMONIOUS SOCIETY.
Program accomplishments
- Teaching Transcendental Meditation to 15,510 people throughout the United States in venues open to the general public. Transcendental Meditation and Consciousness Based Education was taught to 2,357 students, in public and private school settings. It also was taught to Veterans and others with PTSD. Grant funding was included in the expenses of this program to accommodate more individuals. 1,353 participants enrolled in The Advanced Programs of Trancendental Meditation. The Program was predominantly taught by traveling Expert Faculty who visited cities all over the U.S.Expenses $11,493,350 · grants $1,109,040
- In-Residence program for Maharishi Vedic Experts funded by donations. Additionally, In-Residence program for an average of 65 practitioners of the TM-Sidhis, participating in group coherence creating programs.Expenses $122,627
- Average of 40 practitioners of the TM-Sidhis techniques, participating in daily assemblies of group coherence creating programs. Grant funding is included in the program.Expenses $168,713 · grants $139,374
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3196447
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Group exemption
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 9247 (1 member organizations)
- Assets (IRS master file)
- $14,490,692
- Income (IRS master file)
- $12,351,796
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,351,796 | $13,230,827 | $14,490,692 | XML |
| 990 | December 2023 | $14,393,869 | $14,780,812 | $15,436,117 | XML |
| 990 | December 2022 | $16,591,088 | $14,933,322 | $15,761,689 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3196447).
Questions about MAHARISHI FOUNDATION USA INC
- What is the EIN of MAHARISHI FOUNDATION USA INC?
- The employer identification number (EIN) of MAHARISHI FOUNDATION USA INC is 04-3196447.
- Is MAHARISHI FOUNDATION USA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to MAHARISHI FOUNDATION USA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Group exemption).
- Which annual return does MAHARISHI FOUNDATION USA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAHARISHI FOUNDATION USA INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAHARISHI FOUNDATION USA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAHARISHI FOUNDATION USA INC?
- The 990 for the year ended December 31, 2024 names JOHN HAGELIN.
- Who are the officers and directors of MAHARISHI FOUNDATION USA INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $78,000 (DR JOHN HAGELIN, CEO & DIRECTOR).
- How much revenue does MAHARISHI FOUNDATION USA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,351,796, expenses of $13,230,827 and total assets of $14,490,692 at year end.
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