Shen Yun Foundation INC

Tax-deductible

Middletown, NY501(c)(3)ReligionEIN 46-3845346Revenue $525K in FY2024

On file with the IRS2222 Mt Hope Rd, 10940-7338 · Middletown, NYTax-exempt since Aug 2014Supporting org, Type I — 509(a)(3)

Tell your story. Claim this org

Main activities are support the Shen Yun show production, show promotion and show performances. Raising awareness about traditional Chinese Culture, especially about Shen Yun Performing Arts and Fei Tian College.

501(c)(3) charity; gifts are tax-deductible.
2¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $801K a year · 44% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
2%
of spending
Concern: 2% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
402 mo
of spending, in cash
Looks good: 402.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $60K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$525K
-63% vs prior year
Spent
$427K
To programs
2%
Net assets
$19.4M
By yearFY2020–FY2024
Revenue
$525K
FY2024▼ -63%
Tap a bar for its year
Revenue by fiscal year
FY2020$922K
FY2021$2.9M
FY2022$3.3M
FY2023$1.4M
FY2024$525K
Expenses
$427K
FY2024▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$448K
FY2021$203K
FY2022$3.4M
FY2023$520K
FY2024$427K
Net assets
$19.4M
FY2024▲ +0.5%
Tap a bar for its year
Net assets by fiscal year
FY2020$15.9M
FY2021$18.6M
FY2022$18.4M
FY2023$19.3M
FY2024$19.4M

From the FY2024 Form 990 (year ending September 2024) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

2 cents of each dollar spent went to programs.

Program services 2% · $9K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Shen Yun Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes traditional Chinese culture through supporting and showcasing performing arts and educational programs.

Questions for Shen Yun Foundation INC

Tap to ask. Shen Yun Foundation INC sees how many people are interested.

Your first name shows with your question. Shen Yun Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2023
01

Interest Income 524796 Expenses for program247,518

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$60K
Grants paid · 4 grants · $3.9M · 2021–2023
Shen Yun Performing Arts INCNY · FY2023$247,519
Shen Yun Performing Arts INCNY · FY2022$352,049
Shen Yun Performing Arts INCNY · FY2021$3,169,381
Dragon Springs Buddhist INCNY · FY2021$130,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$525K
Ln 12
Investment incomeLn 3$525K
Money outPt IX
$427K
Ln 25
Programscol B$9K
Owns and owesPt X
$19.4M
net assets · Ln 32
Cash and savingsLn 1–2$14.3M
Total assetsLn 16$19.4M
LiabilitiesLn 26$2K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$525K
Total revenueLn 12$525K
Assets in detailPt X, end of year
CashLn 1$14.3M
Cash and savings togetherLn 1–2$14.3M
Land, buildings, equipmentLn 10c$15K
Total assetsLn 16$19.4M
LiabilitiesLn 26$2K
Net assetsLn 32$19.4M
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$14.2M$14.3M
Land, buildings, equipmentLn 10c$24K$15K
Total assetsLn 16$19.3M$19.4M
LiabilitiesLn 26$3K$2K
Net assetsLn 32$19.3M$19.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$248K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$156K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$13K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$775
All other expensesLn 24e$0
Total functional expensesLn 25$427K$9K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $525K$427K$98K$19.4M 990 PDF
FY2023 $1.4M$520K$903K$19.3M 990 PDF
FY2022 $3.3M$3.4M−$175K$18.4M 990 PDF
FY2021 $2.9M$203K$2.7M$18.6M 990 PDF
FY2020 $922K$448K$475K$15.9M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $524,796 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,029,000$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $394,027$524,796
I-11 Other revenue$0
I-12 Total revenuePrior year $1,423,027$524,796
I-13 Grants and similar amounts paidPrior year $352,049$247,519
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $153,506$169,134
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $14,310$10,095
I-18 Total expensesPrior year $519,865$426,748
I-19 Revenue less expensesPrior year $903,162$98,048
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $524,796 across 2 lines filed
VIII-3 Investment income$524,796
VIII-12 Total revenue$524,796
Part IX · Statement of functional expenses $426,748 across 30 lines filed
IX-1 Grants to domestic organizations$247,519
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$156,000
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$13,134
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $9,320$9,320
IX-23 Insurance$0
IX-24 Other expenses (24a–d)$775
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $9,320 · Management $0 · Fundraising $0$426,748
Part X · Balance sheet $19,433,094 assets, 7 lines filed
Asset lines not itemized here account for $5,118,750; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $14,193,464$14,299,612
X-10c Land, buildings and equipment, netStart of year $24,052$14,732
X-16 Total assetsStart of year $19,336,266$19,433,094
X-25 Other liabilitiesStart of year $2,805$1,784
X-26 Total liabilitiesStart of year $2,805$1,784
X-32 Total net assets or fund balancesStart of year $19,333,461$19,431,310
X-33 Total liabilities and net assetsStart of year $19,336,266$19,433,094
Part XI · Reconciliation of net assets $19,431,310 net assets at year end
XI-1 Total revenue$524,796
XI-2 Total expenses$426,748
XI-3 Revenue less expenses$98,048
XI-4 Net assets at start of year$19,333,461
XI-9 Other changes in net assets−$199
XI-10 Net assets at end of year$19,431,310

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.