MAHARISHI FOUNDATION USA INC

EIN: 043196447 501(c)(3)

FAIRFIELD, IA

Total Revenue
$12,351,796
Total Expenses
$13,230,827
Total Assets
$14,490,692
Net Assets
$9,810,920
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MA
Principal Officer
JOHN HAGELIN
Phone
6412091879
Tax Period
2024-01-01 to 2024-12-31

MAHARISHI FOUNDATION USA INC, founded in 1993, is a mid-sized nonprofit that reported $12.4M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

MAHARISHI FOUNDATION USA IS A NOT-FOR-PROFIT EDUCATIONAL ORGANIZATION WHOSE PURPOSE IS TO ADMINISTER AND SUPERVISE THE TEACHING OF TRANSCENDENTAL MEDITATION PROGRAMS AND ITS ADVANCED PROGRAMS THROUGHOUT THE UNITED STATES. THIS INCLUDES OFFERING PROGRAMS IN ALL AREAS OF MAHARISHI'S VEDIC SCIENCE AND TECHNOLOGY THAT ARE NEEDED TO CREATE HEALTHY, HAPPY, ENLIGHTENED INDIVIDUALS IN A PROSPEROUS AND HARMONIOUS SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $11,493,350

Teaching Transcendental Meditation to 15,510 people throughout the United States in venues open to the general public. Transcendental Meditation and Consciousness Based Education was taught to 2,357...

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Teaching Transcendental Meditation to 15,510 people throughout the United States in venues open to the general public. Transcendental Meditation and Consciousness Based Education was taught to 2,357 students, in public and private school settings. It also was taught to Veterans and others with PTSD. Grant funding was included in the expenses of this program to accommodate more individuals. 1,353 participants enrolled in The Advanced Programs of Trancendental Meditation. The Program was predominantly taught by traveling Expert Faculty who visited cities all over the U.S.

Program 2
Expenses: $122,627

In-Residence program for Maharishi Vedic Experts funded by donations. Additionally, In-Residence program for an average of 65 practitioners of the TM-Sidhis, participating in group coherence creating...

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In-Residence program for Maharishi Vedic Experts funded by donations. Additionally, In-Residence program for an average of 65 practitioners of the TM-Sidhis, participating in group coherence creating programs.

Program 3
Expenses: $168,713

Average of 40 practitioners of the TM-Sidhis techniques, participating in daily assemblies of group coherence creating programs. Grant funding is included in the program.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,458,982
Program Service Revenue $9,794,957
Investment Income $325,423
Other Revenue $772,434
TOTAL REVENUE $12,351,796

Expense Breakdown

Grants Paid $1,248,414
Salaries & Benefits $2,763,243
Fundraising Expenses $62,321
Program Expenses $11,784,690
Other Expenses $9,219,170
TOTAL EXPENSES $13,230,827

Year-over-Year Comparison

2024 2023 Change
Revenue $12,351,796 $14,393,869 -0.1%
Expenses $13,230,827 $14,780,812 -0.1%
Net Income $-879,031 $-386,943 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
126
Volunteers
182

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$186,000
Total Directors
9
$150,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JOHN HAGELIN CEO & DIRECTOR 35.0
Officer Director
$78,000 $0 $78,000
LEONARD HINTZ DIRECTOR & COO 40.0
Officer Director
$72,000 $0 $72,000
GARY KORF CFO & TREASURER 40.0
Officer
$36,000 $0 $36,000
DR BEVAN G MORRIS PRESIDENT & DIRECTOR 1.0
Officer Director
$0 $0 $0
TOM FACTOR DIRECTOR 1.0
Director
$0 $0 $0
Howard Settle director 1.0
Director
$0 $0 $0
Eric Schwartz director 1.0
Director
$0 $0 $0
Neil Paterson director 1.0
Director
$0 $0 $0
Maureen Wynne director 1.0
Director
$0 $0 $0
Robert Daniels director 1.0
Director
$0 $0 $0
Leonard Goldman secretary 1.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $12,351,796 $13,230,827 $14,490,692 $-879,031
2023 $14,393,869 $14,780,812 $15,436,117 $-386,943
2022 $16,591,088 $14,933,322 $15,761,689 $1,657,766
2021 $14,517,484 $14,343,922 $13,469,857 $173,562
2020 $14,805,981 $12,676,659 $12,159,563 $2,129,322
2019 $20,772,301 $21,024,192 $10,236,384 $-251,891
2018 $25,795,659 $25,468,467 $10,832,195 $327,192
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