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Nonprofit · EIN 20-1849707

DHARMA DRUM RETREAT CENTER INC

Tax-exempt · PINE BUSH, NY 12566

Financials

$714K$659K2023$819K$761K2024
Revenue Expenses · by fiscal year end
Financials of DHARMA DRUM RETREAT CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$819,360$760,821$58,539$3,839,808$12,508$3,827,300
December 31, 2023990$713,979$658,948$55,031$3,781,046$12,285$3,768,761
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$478,092
Program service revenue
$297,492
Investment income
$8,794
Net rental income
$17,500
Other revenue
$34,982

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$83,316
Salaries, compensation and benefits (total)
$97,869
Professional fundraising fees
$0
Legal fees
$7,045
Accounting fees
$22,705
Depreciation
$23,908
Program services (functional)
$728,278
Management and general (functional)
$32,543

Balance sheet and other

Total assets, start of year
$3,781,046
Total assets, end of year
$3,839,808
Total liabilities, end of year
$12,508
Net assets, end of year
$3,827,300
Land, buildings and equipment
$48,664
Net assets without donor restrictions
$3,717,122
Net assets with donor restrictions
$110,178
Gross receipts
$819,360
Employees
11
Year formed
2004
State of legal domicile
NY

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.

NameTitleHours / weekCompensation
Yuh-Jaan WeyBoard member
Trustee or director, Officer
2$0
Iris WangBoard Member
Trustee or director, Officer
2$0
Tsung Ping WangDirector
Trustee or director, Officer
40$0
Chunyen WangBoard Member
Trustee or director, Officer
2$0
Guo YuanAbbot
Officer
40$0
Hung-Lung HungPresident
Officer
4$0
Grace Su Ching ChiangSecretary
Officer
20$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Yuh-Jaan WeyBoard member
Trustee or director, Officer
2$0
Iris WangBoard Member
Trustee or director, Officer
2$0
Tsung Ping WangDirector
Trustee or director, Officer
40$0
Chunyen WangBoard Member
Trustee or director, Officer
2$0
Guo YuanAbbot
Officer
40$0
Hung-Lung HungPresident
Officer
4$0
Grace Su Ching ChiangSecretary
Officer
20$0

Address and contacts

Address (IRS master file)
184 QUANNACUT RD, PINE BUSH, NY 12566-5443
In care of
% REBECCA LI
Principal officer (990 for 2024)
TSUNGPING WANG, 184 QUANNACUT ROAD, PINE BUSH, NY 12566
Signed the 990
TSUNGPING WANG, DIRECTOR
Phone
(847) 951-3602
Return prepared by
CAROL C HO CPA

Mission

The mission of Dharma Drum Retreat Center Inc is to promote the practice of Chinese Chan Buddhism in the western hemisphere. The teaching practiced and taught is based on the Dharma Drum Mountain Lineage developed by the founder Chan Master Sheng Yen.

990 for the year ended December 31, 2024

Program accomplishments

  • The mission of Dharma Drum Retreat Center is to promote the practice of Chinese Chan Buddhism and to operate and maintain a place of worship.
    Expenses $728,278 · revenue $297,492

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1849707
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X50)
Assets (IRS master file)
$3,839,808
Income (IRS master file)
$819,360

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$819,360$760,821$3,839,808XML
990December 2023$713,979$658,948$3,781,046XML
990December 2022$759,582$480,669$3,732,596IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 20-1849707).

Questions about DHARMA DRUM RETREAT CENTER INC

What is the EIN of DHARMA DRUM RETREAT CENTER INC?
The employer identification number (EIN) of DHARMA DRUM RETREAT CENTER INC is 20-1849707.
Is DHARMA DRUM RETREAT CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to DHARMA DRUM RETREAT CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DHARMA DRUM RETREAT CENTER 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 DHARMA DRUM RETREAT CENTER 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 DHARMA DRUM RETREAT CENTER 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 DHARMA DRUM RETREAT CENTER INC?
The 990 for the year ended December 31, 2024 names TSUNGPING WANG.
Who are the officers and directors of DHARMA DRUM RETREAT CENTER INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does DHARMA DRUM RETREAT CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $819,360, expenses of $760,821 and total assets of $3,839,808 at year end.

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