Nonprofit · EIN 86-1053674
LOTUS INSTITUTE INC
Tax-exempt (reinstated) · PATASKALA, OH 43062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $242,522 | $280,351 | -$37,829 | $162,268 | $287 | $161,981 |
| June 30, 2024 | 990 | $237,210 | $192,522 | $44,688 | $199,430 | $287 | $199,143 |
| June 30, 2023 | 990-EZ | $186,293 | $185,395 | $898 | $107,368 | $244 | $107,124 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $152,920
- Membership dues
- $42,194
- Program service revenue
- $89,576
- Investment income
- $26
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $96,000
- Other salaries and wages
- $155,590
- Salaries, compensation and benefits (total)
- $251,590
- Professional fundraising fees
- $0
- Accounting fees
- $6,105
- Program services (functional)
- $264,072
- Management and general (functional)
- $16,279
Balance sheet and other
- Total assets, start of year
- $199,430
- Total assets, end of year
- $162,268
- Total liabilities, end of year
- $287
- Net assets, end of year
- $161,981
- Net assets without donor restrictions
- $161,981
- Gross receipts
- $242,522
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2015
- State of legal domicile
- OH
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET ROWE WARD | Executive Director Officer | 40 | $60,000 |
| LARRY WARD | Founder Director Officer | 40 | $36,000 |
| DIANE LITTLE EAGLE | Board member Trustee or director | 0.5 | $0 |
| ALBERT KARCHER | Board Member Trustee or director | 0.5 | $0 |
| AVA AVALOS | Board Member Trustee or director | 0.5 | $0 |
| GRACE FRANKLIN | Board Member Trustee or director | 0.5 | $0 |
| DIANA PARRA | Board Member Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY WARD | Founder Director Officer | 40 | $44,000 |
| PEGGY ROWE WARD | Founder Director Trustee or director | 40 | $44,000 |
| VICTORIA MAUSISA | Board member Trustee or director | 0.5 | $0 |
| DIANE LITTLE EAGLE | Board member Trustee or director | 0.5 | $0 |
| SALVATORE CARUSO | Board member Trustee or director | 0.5 | $0 |
990-EZ for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY WARD | PRESIDENT | 40 | $42,000 |
| MARGARET ROWE | DIRECTOR OF EDUCATION | 40 | $42,000 |
| VICTORIA MAUSISA | BOARD MEMBER | 1 | $0 |
| SALVATORE CARUSO | BOARD MEMBER | 1 | $0 |
| DIANE LITTLE EAGLE | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1428, PATASKALA, OH 43062-1428
- In care of
- % MARGARET ROWE WARD
- Mailing address (990-N for 2018)
- co GRACE FRANKLIN 11465 CABLE RD SW, PATASKALA OH 43062
- Principal officer (990 for 2024)
- Margaret Rowe Ward, PO Box 1428, Pataskala, OH 43062
- Principal officer (990-N for 2018)
- LARRY WARD, 318 TRAPPER ROAD, TAOS NM 87571
- Signed the 990
- MARGARET ROWE WARD, Executive Director
- Phone
- (267) 992-2750
- Website
- thelotusinstitute.org
Mission
Educational nonprofit offering Buddhist mindfulness practice and resources for activists, educators, artists, and more to promote healing, awareness, and community transformation.
Program accomplishments
- Delivered mindfulness-based programs including online meditations, talks, retreats, and educational content rooted in Buddhist principles. Served activists, educators, and community members with workshops and resources promoting healing, transformation, and socialExpenses $251,590 · revenue $111,877
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1053674
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $162,268
- Income (IRS master file)
- $242,522
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- October 7, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $242,522 | $280,351 | $162,268 | XML |
| 990 | June 2024 | $237,210 | $192,522 | $199,430 | IRS |
| 990-EZ | June 2023 | $186,293 | $185,395 | $107,368 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: LARRY WARD | June 30, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 86-1053674).
Questions about LOTUS INSTITUTE INC
- What is the EIN of LOTUS INSTITUTE INC?
- The employer identification number (EIN) of LOTUS INSTITUTE INC is 86-1053674.
- Is LOTUS INSTITUTE INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to LOTUS INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOTUS INSTITUTE 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 LOTUS INSTITUTE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOTUS INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LOTUS INSTITUTE INC?
- The 990 for the year ended June 30, 2025 names Margaret Rowe Ward.
- Who are the officers and directors of LOTUS INSTITUTE INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $60,000 (MARGARET ROWE WARD, Executive Director).
- How much revenue does LOTUS INSTITUTE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $242,522, expenses of $280,351 and total assets of $162,268 at year end.
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