Lama Foundation FY2023 filing

Tax-deductible

San Cristobal, NM501(c)(3)Since 1968Arts & CultureEIN 85-0202741Revenue $280K in FY2023

On file with the IRSPo Box 240, 87564-0240 · San Cristobal, NMTax-exempt since Apr 1968Publicly supported — 509(a)(2)

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A sustainale spiritual community and educational center dedicated to the awakening of consciousness spiritual practice and respect for all traditions services and stewardship of the land.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$1K 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $19K a year · 6% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1K
to officers and key staff · 0.3% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 19.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names 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
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$280K
+2% vs prior year
Spent
$373K
To programs
77%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$280K
FY2023▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$471K
FY2021$406K
FY2022$274K
FY2023$280K
FY2024$281K
FY2025$268K
Expenses
$373K
FY2023▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$199K
FY2021$292K
FY2022$321K
FY2023$373K
FY2024$398K
FY2025$285K
Net assets
$1.6M
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.7M
FY2022$1.7M
FY2023$1.6M
FY2024$1.5M
FY2025$1.4M

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1968.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $287K Management & general 8% · $29K Fundraising 15% · $57K

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

11 people listed on the 990; $1K paid to officers and key staff.

Part VII, Section A · reportable compensation
$1,008Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Diane Adkins’s $5K as Accounting is at the 4th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2023FY2022
Diane Adkins$5,364——
Lucas Kestrel Sego$4,836——
Paolo Caserta—$1,008—
Chole Soleste Starr$858——
Julie Tato——$600

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 15aYes

Programs and updates

Fosters a spiritual community and learning center for consciousness, practice, and land stewardship.

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Provided by the organization

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1 program · $287K · in their own filed words · FY2023
01

Educational programs & workshops conducted in a variety of subjects including spiritual retreats and seminars, natural building techniques, permaculture, yoga and meditation.Residency is a primary focus of Lama Foundation and is year round. There were 12 residents in 2023.About 10 major events and other weekly and occasional events.

$287Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$280K
Ln 12
Fees for servicesLn 2g$220K
Gifts and grantsLn 1h$34K
Other incomeLn 4–11$22K
Money outPt IX
$373K
Ln 25
Programscol B$287K
Managementcol C$29K
Fundraisingcol D$57K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$606K
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$34K
Fees for servicesLn 2g$220K
Investment incomeLn 3$4K
Other incomeLn 4–11$22K
Gains on assetsLn 7$0
Total revenueLn 12$280K
Assets in detailPt X, end of year
CashLn 1$45K
SavingsLn 2$561K
Cash and savings togetherLn 1–2$606K
InvestmentsLn 11–13$91K
Land, buildings, equipmentLn 10c$871K
Other assetsLn 15$3K
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$685K$606K
InvestmentsLn 11–13$87K$91K
Land, buildings, equipmentLn 10c$887K$871K
Total assetsLn 16$1.7M$1.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.7M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
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$1K$1K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$7K$7K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$79K$25K$54K
Advertising and promotionLn 12$1K$856$86$184
Office expensesLn 13$1K$930$499
Information technologyLn 14$3K$3K$10
RoyaltiesLn 15$0
OccupancyLn 16$27K$26K$1K
TravelLn 17$9K$9K
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$44K$44K
InsuranceLn 23$5K$4K$1K
Other expenses (24a–d)Ln 24$182K$172K$9K$942
All other expensesLn 24e$13K$4K$7K$2K
Total functional expensesLn 25$373K$287K$29K$57K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $268K$285K−$17K$1.4M 990 PDF
FY2024 $281K$398K−$117K$1.5M 990 PDF
FY2023 Viewing $280K$373K−$93K$1.6M 990 PDF
FY2022 $274K$321K−$47K$1.7M 990 PDF
FY2021 $406K$292K$114K$1.7M 990 PDF
FY2020 $471K$199K$272K$1.6M 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 FY2023 990 (6 parts)
Part I · Summary $280,456 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $82,014$34,181
I-9 Program service revenuePrior year $155,925$219,833
I-10 Investment incomePrior year $4,168$4,104
I-11 Other revenuePrior year $31,671$22,338
I-12 Total revenuePrior year $273,778$280,456
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$1,008
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $320,645$372,435
I-18 Total expensesPrior year $320,645$373,443
I-19 Revenue less expensesPrior year −$46,867−$92,987
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $280,456 across 9 lines filed
Lines not itemized here account for $22,338 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$34,181
VIII-1h Total contributions, gifts and grants$34,181
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $219,833$219,833
VIII-3 Investment incomeExcluded from tax $4,104$4,104
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $242,171 · Excluded from tax $4,104$280,456
Part IX · Statement of functional expenses $373,443 across 31 lines filed
IX-1 Grants to domestic organizations$0
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 staffPrograms $1,008$1,008
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $7,182$7,182
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $24,906 · Fundraising $54,000$78,906
IX-12 Advertising and promotionPrograms $856 · Management $86 · Fundraising $184$1,126
IX-13 Office expensesPrograms $930 · Management $499$1,429
IX-14 Information technologyManagement $3,063 · Fundraising $10$3,073
IX-15 Royalties$0
IX-16 OccupancyPrograms $25,737 · Management $1,070$26,807
IX-17 TravelPrograms $9,410$9,410
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 $43,794$43,794
IX-23 InsurancePrograms $3,909 · Management $1,240$5,149
IX-24 Other expenses (24a–d)Programs $172,465 · Management $8,836 · Fundraising $942$182,243
IX-24e All other expensesPrograms $3,796 · Management $7,304 · Fundraising $2,216$13,316
IX-25 Total functional expensesPrograms $286,811 · Management $29,280 · Fundraising $57,352$373,443
Part X · Balance sheet $1,570,647 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $58,821$45,210
X-2 Savings and temporary cash investmentsStart of year $626,630$560,520
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $887,046$870,737
X-11 Publicly traded securitiesStart of year $87,340$91,001
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $3,179$3,179
X-16 Total assetsStart of year $1,663,016$1,570,647
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,663,016$1,570,647
X-33 Total liabilities and net assetsStart of year $1,663,016$1,570,647
Part XI · Reconciliation of net assets $1,570,647 net assets at year end
XI-1 Total revenue$280,456
XI-2 Total expenses$373,443
XI-3 Revenue less expenses−$92,987
XI-4 Net assets at start of year$1,663,016
XI-5 Net unrealized gains (losses) on investments$618
XI-10 Net assets at end of year$1,570,647

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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