Nonprofit · EIN 86-0760237
OSHO ACADEMY INC
Tax-exempt · SANTA BARBARA, CA 93108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | -$96,043 | $394,459 | -$490,502 | $5,375 | $1,072 | $4,303 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,135
- Investment income
- -$99,178
- Net gain from sales of assets
- -$99,181
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $171,000
- Other salaries and wages
- $54,000
- Salaries, compensation and benefits (total)
- $242,549
- Professional fundraising fees
- $0
- Legal fees
- $9,789
- Accounting fees
- $18,441
- Occupancy
- $26,177
- Depreciation
- $2,338
- Program services (functional)
- $313,725
- Management and general (functional)
- $80,734
Balance sheet and other
- Total assets, start of year
- $554,866
- Total assets, end of year
- $5,375
- Total liabilities, end of year
- $1,072
- Net assets, end of year
- $4,303
- Gross receipts
- $42,833
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1994
- State of legal domicile
- CA
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WALLY | PRESIDENT Trustee or director, Officer | 50 | $85,500 |
| SUE KRESGE | TREASURER Trustee or director, Officer | 50 | $85,500 |
| ORNELLA FACCIN | VICE PRESIDENT & SECRETARY Trustee or director, Officer | 20 | $0 |
| HENNING ANSORG | DIRECTOR Trustee or director | 20 | $0 |
| MARTINA KUHL | DIRECTOR Trustee or director | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 121 SUMMIT LN, SANTA BARBARA, CA 93108-2323
- In care of
- % JOHN W WALLY
- Mailing address (990-N for 2024)
- 121 SUMMIT LN, SANTA BARBARA CA 93108
- Principal officer (990 for 2023)
- JOHN WALLY, 1330 CACIQUE STREET, SANTA BARBARA, CA 93103
- Principal officer (990-N for 2024)
- JOHN WALLY, 1330 CACIQUE STREET, SANTA BARBARA CA 93103
- Signed the 990
- JOHN WALLY, PRESIDENT
- Phone
- (928) 254-0606
- Website
- OSHOACADEMY.COM
- Return prepared by
- WD HANSEN CPA PC
California records
California keeps its own records of charities and corporations. Search them by EIN 86-0760237 or by the name OSHO ACADEMY INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO PRESENT AND EXPLAIN THE TEACHINGS, GUIDANCE, AND RELIGIOUS PHILOSOPHY OF OSHO AND/OR ABOUT OSHO.
Program accomplishments
- OPERATE A SCHOOL DEDICATED TO THE TEACHINGS OF OSHOExpenses $313,725 · grants $60,000 · revenue -$96,043
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-0760237
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Religion-related (X99)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: JOHN WALLY | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | -$96,043 | $394,459 | $5,375 | XML |
| 990 | December 2022 | $73,627 | $565,316 | $554,866 | 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 86-0760237).
Questions about OSHO ACADEMY INC
- What is the EIN of OSHO ACADEMY INC?
- The employer identification number (EIN) of OSHO ACADEMY INC is 86-0760237.
- Is OSHO ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to OSHO ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OSHO ACADEMY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of OSHO ACADEMY 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 OSHO ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
- Who is the principal officer of OSHO ACADEMY INC?
- The 990 for the year ended December 31, 2023 names JOHN WALLY.
- Who are the officers and directors of OSHO ACADEMY INC?
- The 990 for the year ended December 31, 2023 lists 5 people; 2 received compensation from the organization, the highest $85,500 (JOHN WALLY, PRESIDENT).
- How much revenue does OSHO ACADEMY INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of -$96,043, expenses of $394,459 and total assets of $5,375 at year end.
Other nonprofits in SANTA BARBARA
- COTTAGE HEALTH EIN 77-0431902 · last filed 990 for 2024
- MENA KDEC MINISTRIES EIN 82-4750584 · last filed 990 for 2025
- AMERICAN EUROPEAN BETHEL MISSION INC EIN 95-1647803 · last filed 990 for 2024
- MINDWORKS INC EIN 38-3973476 · last filed 990 for 2025
- FOLLOW HIM MEDIA INC EIN 87-0958394 · last filed 990-PF for 2024
- FRIENDS OF RELIEF RETURNED INTERNATIONAL FOUNDATION EIN 20-6064460 · last filed 990 for 2025
- THE GOOD CALL MINISTRIES EIN 32-0159725 · last filed 990 for 2025
- KEITH HUDSON MINISTRIES INC EIN 20-0151879 · last filed 990-EZ for 2024
All nonprofits in SANTA BARBARA · California · Religion-related