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Nonprofit · EIN 85-0287800

PROJECT TIBET INC

Tax-exempt · SANTA FE, NM 87501

Financials

$60K$65K2023$53K$63K2024$428K$72K2025
Revenue Expenses · by fiscal year end
Financials of PROJECT TIBET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$427,688$71,751$355,937$516,070$0$516,070
June 30, 2025990$53,487$62,734-$9,247$161,348$437$160,911
June 30, 2024990$59,729$64,630-$4,901$169,882$122$169,760
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$367,876
Program service revenue
$0
Investment income
$5,024
Net rental income
$3,747
Net income from sales of inventory
$51,041
Other revenue
$54,788

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$21,312
Salaries, compensation and benefits (total)
$22,994
Professional fundraising fees
$0
Accounting fees
$1,066
Depreciation
$96
Program services (functional)
$43,010
Management and general (functional)
$28,741

Balance sheet and other

Total assets, start of year
$161,348
Total assets, end of year
$516,070
Total liabilities, end of year
$0
Net assets, end of year
$516,070
Land, buildings and equipment
$309,764
Gross unrelated business income
$3,747
Gross receipts
$457,038
Employees
1

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 June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
THUPTEN J THONDUPPRESIDENT
Officer
40$21,312
TSERING THONDUPSECRETARY
Trustee or director
20$0
PEMA RABGAYTREASURER
Trustee or director
1$0
990 for the year ended June 30, 2025: 3 people
NameTitleHours / weekCompensation
THUPTEN J THONDUPPRESIDENT
Officer
40$20,784
TSERING THONDUPSECRETARY
Trustee or director
20$0
PEMA RABGAYTREASURER
Trustee or director
1$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
THUPTEN J THONDUPPRESIDENT
Officer
40$17,238
TSERING THONDUPSECRETARY
Trustee or director
20$0
PEMA RABGAYTREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
403 CANYON RD, SANTA FE, NM 87501-2855
Principal officer (990 for 2025)
THUPTEN J THONDUP, 403 CANYON RD, SANTA FE, NM 875012717
Signed the 990
THUPTEN J THONDUP, President
Phone
(505) 982-3002
Return prepared by
LYNN TRACEY CPA

Mission

EDUCATIONAL

990 for the year ended June 30, 2026

Program accomplishments

  • TIBETAN CHILDREN'S EDUCATIONAL SCHOLARSHIPS.
    Expenses $22,099
  • MAINTAIN A TIBETAN CULTURAL CENTER WITH A LIBRARY OF MATERIALS ON TIBET, MAYAHANA, BUDDHISM AND RELATED TOPICS; ALSO MAINTAIN A SHRINE AND MEDITATION FACILITY. SERVES APPROXIMATELY 250.
    Expenses $20,911

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-0287800
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
1981
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$516,070
Income (IRS master file)
$457,038

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$427,688$71,751$516,070XML
990June 2025$53,487$62,734$161,348XML
990June 2024$59,729$64,630$169,882XML
990June 2023$68,356$76,927$177,051IRS
990June 2022$75,484$41,190$185,253IRS
990-EZJune 2021–––IRS
990-EZJune 2019–––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 85-0287800).

Questions about PROJECT TIBET INC

What is the EIN of PROJECT TIBET INC?
The employer identification number (EIN) of PROJECT TIBET INC is 85-0287800.
Is PROJECT TIBET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to PROJECT TIBET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROJECT TIBET 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 PROJECT TIBET INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROJECT TIBET INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of PROJECT TIBET INC?
The 990 for the year ended June 30, 2026 names THUPTEN J THONDUP.
Who are the officers and directors of PROJECT TIBET INC?
The 990 for the year ended June 30, 2026 lists 3 people; 1 received compensation from the organization, the highest $21,312 (THUPTEN J THONDUP, PRESIDENT).
How much revenue does PROJECT TIBET INC have?
On its 990 for the year ended June 30, 2026 it reported revenue of $427,688, expenses of $71,751 and total assets of $516,070 at year end.

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