Nonprofit · EIN 23-7165910
ANANDA MARGA INC
Also known as ANANDA MARGA OF MADISON INC
Tax-exempt · MADISON, WI 53711
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $85,240 | $85,876 | -$636 | $526,032 | $0 | $526,032 |
| December 31, 2024 | 990 | $83,143 | $85,963 | -$2,820 | $522,718 | $0 | $522,718 |
| December 31, 2023 | 990 | $65,274 | $79,110 | -$13,836 | $528,822 | $3,205 | $525,617 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,151
- Program service revenue
- $69,247
- Investment income
- $4,238
- Net gain from sales of assets
- -$46
- Other revenue
- $4,604
Expenses
- Grants and similar amounts paid
- $14,988
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,308
- Accounting fees
- $2,733
- Occupancy
- $17,875
- Depreciation
- $27,417
- Program services (functional)
- $62,832
- Management and general (functional)
- $22,898
- Fundraising (functional)
- $146
Balance sheet and other
- Total assets, start of year
- $522,718
- Total assets, end of year
- $526,032
- Total liabilities, end of year
- $0
- Net assets, end of year
- $526,032
- Land, buildings and equipment
- $371,536
- Publicly traded securities
- $102,900
- Net assets without donor restrictions
- $526,032
- Gross receipts
- $89,286
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1971
- State of legal domicile
- WI
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAREN KINSEY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| VELGA DUNIS | TREASURER Trustee or director, Officer | 2 | $0 |
| BETH WORTZEL | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAREN KINSEY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| VELGA DUNIS | TREASURER Trustee or director, Officer | 2 | $0 |
| BETH WORTZEL | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM POWELL | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAREN KINSEY | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| VELGA DUNIS | TREASURER Trustee or director, Officer | 2 | $0 |
| BETH WORTZEL | SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1305 WHENONA DR, MADISON, WI 53711-3734
- Principal officer (990 for 2025)
- JIM POWELL, 1305 WHENONA DR, MADISON, WI 537113734
- Signed the 990
- JIM POWELL, PRESIDENT
- Phone
- (608) 251-8088
- Website
- ANANDAMARGAOFMADISON.ORG
- Return prepared by
- WEGNER CPAS LLP
Mission
ANANDA MARGA OF MADISON, INC. IS A SPIRITUAL ORGANIZATION DEDICATED TO PROVIDING YOGA AND MEDITATION TO THE GENERAL PUBLIC AND TO PERFORMING COMMUNITY SERVICE AND CHARITY.
Program accomplishments
- ANANDA MARGA OF MADISON PROVIDED WEEKLY MEDITATION CLASSES ON ZOOM TO THE GENERAL PUBLIC FOR FREE, A MEDITATION GROUP FOR PEER PSYCHOTHERAPISTS (6 MONTHS), MINDFULNESS CLASSES FOR STAFF AT MERITER HOSPITAL (ONGOING), INDIVIDUAL SPIRITUAL GUIDANCE, AND A YOGIC PHILOSOPHY CLASS TWICE PER MONTH. ANANDA MARGA OF MADISON ALSO HOSTS A BI-ANNUAL WEEKEND RETREAT WHICH INCLUDES GROUP MEDIATION, GROUP SPIRITUAL PRACTICE, AND PROGRAM ON YOGA PHILOSOPHY.Expenses $47,844 · revenue $69,247
- ANANDA MARGA OF MADISON PROVIDED SUPPORT TO AN ORPHANAGE FOR GIRLS IN INDIA, TO A SCHOOL FOR GIRLS IN INDIA, AND TO A SCHOOL IN HAITI. ALSO PROVIDED CLOTHING TO CHILDREN IN MOROCCO.Expenses $9,000 · grants $9,000
- ANANDA MARGA OF MADISON SPONSORS A FULL-TIME RELIGIOUS WORKER WHO TEACHES MEDITATION, PROVIDES INDIVIDUAL SPIRITUAL GUIDANCE, AND GIVES LECTURES ON YOGA PHILOSOPHY TO VARIOUS INDIVIDUALS AND ANANDA MARGA CENTERS IN THE UNITED STATES.Expenses $5,988 · grants $5,988
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. 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 | 990 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
- 23-7165910
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1972
- Accounting year ends
- December
- Files
- Not required (church)
- Group exemption
- 2306: ANANDA MARGA INC
- Assets (IRS master file)
- $526,032
- Income (IRS master file)
- $89,286
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $85,240 | $85,876 | $526,032 | XML |
| 990 | December 2024 | $83,143 | $85,963 | $522,718 | IRS |
| 990 | December 2023 | $65,274 | $79,110 | $528,822 | XML |
| 990 | December 2022 | $64,225 | $71,827 | $537,083 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 23-7165910).
Questions about ANANDA MARGA INC
- What is the EIN of ANANDA MARGA INC?
- The employer identification number (EIN) of ANANDA MARGA INC is 23-7165910.
- Is ANANDA MARGA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Which annual return does ANANDA MARGA INC file?
- Form Not required (church). Churches are not required to file.
- When is the next return of ANANDA MARGA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ANANDA MARGA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ANANDA MARGA INC?
- The 990 for the year ended December 31, 2025 names JIM POWELL.
- Who are the officers and directors of ANANDA MARGA INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does ANANDA MARGA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $85,240, expenses of $85,876 and total assets of $526,032 at year end.
Other nonprofits in MADISON
- UNIVERSITY OF WISCONSIN FOUNDATION EIN 39-0743975 · last filed 990 for 2025
- MERITER HOSPITAL INC EIN 39-0806367 · last filed 990 for 2024
- GROUP HEALTH COOPERATIVE OF SOUTH CENTRAL WI EIN 39-1199466 · last filed 990 for 2024
- WISCONSIN COUNTIES ASSOCIATION GROUP HEALTH TR EIN 39-1692308 · last filed 990 for 2024
- WISCONSIN ALUMNI RESEARCH FOUNDATION EIN 39-0833612 · last filed 990 for 2025
- ASCENDIUM EDUCATION SOLUTIONS INC EIN 39-1853833 · last filed 990 for 2025
- TELEPHONE AND DATA SYSTEMS INC EMPLOYEES BENEFIT TRUST EIN 36-3930160 · last filed 990 for 2024
- ASCENDIUM EDUCATION GROUP INC EIN 39-1090394 · last filed 990 for 2025