Science for Monks FY2021 filing

Tax-deductible

Boston, MA501(c)(3)Science & TechnologyEIN 47-3217838Revenue $419K in FY2021

On file with the IRSscienceformonksandnuns.org151 Tremont St Apt 21k, 02111-1119 · Boston, MATax-exempt since Apr 2016Private non-operating foundation

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Engage tibetan monastics in Science and dialogue, encourage and engage Science center leadership in the tibetan monastic community

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$48K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
5 of 5
filings with a surplus
Average surplus $59K a year · 19% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$48K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $528K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$419K
+11% vs prior year
Spent
$249K
To programs
81%
Net assets
$313K
By yearFY2020–FY2024
Revenue
$419K
FY2021▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$376K
FY2021$419K
FY2022$247K
FY2023$304K
FY2024$226K
Expenses
$249K
FY2021▼ -19%
Tap a bar for its year
Expenses by fiscal year
FY2020$308K
FY2021$249K
FY2022$227K
FY2023$270K
FY2024$223K
Net assets
$313K
FY2021▲ +59%
Tap a bar for its year
Net assets by fiscal year
FY2020$197K
FY2021$313K
FY2022$334K
FY2023$546K
FY2024$549K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2016.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $203K Management & general 19% · $46K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $48K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$47,913Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasuer/Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Bryce Johnson$47,913$104,329

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Connects Tibetan monks with science and dialogue, fostering understanding and leadership.

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Provided by the organization

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1 program · $203K · in their own filed words · FY2021
01

Through institutes, workshops, exhibitions, conferences, research investigations, and mentorship visits, our programs bridge eastern and western knowledge, bringing science to monastics and buddhist wisdom to the world of science and to a global audience.

$203Kprogram expense

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 · FY2023
Total grants receivedfrom 2 funders$528K
Grants paid · 7 grants · $101K · 2021–2024
Individual RecipientFY2024$5,000
Individual RecipientFY2024$5,000
Individual RecipientFY2024$1,494
Library of Tivetan Works and ArchivesFY2022$46,431
Andrew W Mellon FoundationNY · FY2022$28,300
Gyudmed Tantric UniversityFY2022$5,000
Andrew W Mellon FoundationNY · FY2021$10,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$419K
Ln 12
Gifts and grantsLn 1h$419K
Investment incomeLn 3$9
Money outPt IX
$249K
Ln 25
Programscol B$203K
Managementcol C$46K
Owns and owesPt X
$313K
net assets · Ln 32
Cash and savingsLn 1–2$228K
Total assetsLn 16$313K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$419K
Investment incomeLn 3$9
Total revenueLn 12$419K
Assets in detailPt X, end of year
CashLn 1$228K
Cash and savings togetherLn 1–2$228K
InvestmentsLn 11–13$85K
Total assetsLn 16$313K
LiabilitiesLn 26$0
Net assetsLn 32$313K
OperationsPt I, VI
EmployeesI 51
VolunteersI 64
Fiscal year endsHeaderDecember
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 FY21End FY21
Cash and savingsLn 1–2$99K$228K
InvestmentsLn 11–13$85K
Total assetsLn 16$197K$313K
LiabilitiesLn 26$0$0
Net assetsLn 32$197K$313K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants and assistance to foreign recipientsLn 3$30K$30K
Pay of current officers, directors and key staffLn 5$61K$61K
Other salaries and wagesLn 7$21K$7K$14K
Payroll taxesLn 10$6K$4K$1K
Legal feesLn 11b$28K$28K
Office expensesLn 13$16K$13K$3K
TravelLn 17$582$582
Conferences, conventions and meetingsLn 19$190$190
Other expenses (24a–d)Ln 24$77K$77K
Total functional expensesLn 25$249K$203K$46K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $226K$223K$3K$549K 990 PDF
FY2023 $304K$270K$34K$546K 990 PDF
FY2022 $247K$227K$21K$334K 990 PDF
FY2021 Viewing $419K$249K$169K$313K 990 PDF
FY2020 $376K$308K$68K$197K 990 PDF

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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 FY2021 990 (6 parts)
Part I · Summary $418,541 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $348,532$418,532
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $27,553$9
I-11 Other revenuePrior year $2$0
I-12 Total revenuePrior year $376,087$418,541
I-13 Grants and similar amounts paidPrior year $42,262$40,370
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $134,720$87,344
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $131,115$121,476
I-18 Total expensesPrior year $308,097$249,190
I-19 Revenue less expensesPrior year $67,990$169,351
Part VI · Governance 4 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
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 $418,541 across 4 lines filed
VIII-1f All other contributions, gifts and grants$418,532
VIII-1h Total contributions, gifts and grants$418,532
VIII-3 Investment incomeExcluded from tax $9$9
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $9$418,541
Part IX · Statement of functional expenses $249,190 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-3 Grants and assistance to foreign recipientsPrograms $30,370$30,370
IX-5 Pay of current officers, directors and key staffPrograms $60,755$60,755
IX-7 Other salaries and wagesPrograms $7,284 · Management $13,799$21,083
IX-10 Payroll taxesPrograms $4,405 · Management $1,101$5,506
IX-11b Legal feesManagement $28,116$28,116
IX-13 Office expensesPrograms $12,629 · Management $3,157$15,786
IX-17 TravelPrograms $582$582
IX-19 Conferences, conventions and meetingsPrograms $190$190
IX-24 Other expenses (24a–d)Programs $76,802$76,802
IX-25 Total functional expensesPrograms $203,017 · Management $46,173 · Fundraising $0$249,190
Part X · Balance sheet $312,824 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $98,719$227,701
X-11 Publicly traded securities$85,123
X-16 Total assetsStart of year $196,576$312,824
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $196,576$312,824
X-32 Total net assets or fund balancesStart of year $196,576$312,824
X-33 Total liabilities and net assetsStart of year $196,576$312,824
Part XI · Reconciliation of net assets $312,824 net assets at year end
XI-1 Total revenue$418,541
XI-2 Total expenses$249,190
XI-3 Revenue less expenses$169,351
XI-4 Net assets at start of year$196,576
XI-8 Prior period adjustments−$53,103
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$312,824

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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