Vajrapani Institute for Wisdom Culture

EIN: 510181149 501(c)(3)

Boulder Creek, CA

Total Revenue
$546,857
Total Expenses
$946,509
Total Assets
$3,497,664
Net Assets
$3,482,066
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
CA
Principal Officer
Ryan MacLennan
Phone
8313386654
Tax Period
2025-01-01 to 2025-12-31

Vajrapani Institute for Wisdom Culture, founded in 1976, is a small nonprofit that reported $547K in total revenue in fiscal year 2025. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $947K exceeded revenue, resulting in a 73% operating deficit.

Mission

Vajrapani Institute for Wisdom Culture supports the transformation of spiritual teachings into experience through contemplative retreat. As a spiritual community serving the needs of retreaters in all traditions, we are nurtured by the energy of our Tibetan Buddhist founder Lama Thubten Yeshe and our spiritual director Lama Zopa Rinpoche, by our teachers and holy objects, and by the stillness of the California redwood forest. Vajrapani Institute for Wisdom Culture is affiliated with the Foundation for the Preservation of the Mahayana Tradition and is dedicated to preserving Lama Tsong Khapa's rich living tradition of wisdom and compassion.

Program Service Accomplishments

Program 1
Expenses: $813,266 Revenue: $400,702

In 2025, Vajrapani Institute hosted a total of 23 retreats: 18 retreats were held with the teachers of the Foundation for the Preservation of the Mahayana Tradition (FPMT) and 5 retreats were groups...

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In 2025, Vajrapani Institute hosted a total of 23 retreats: 18 retreats were held with the teachers of the Foundation for the Preservation of the Mahayana Tradition (FPMT) and 5 retreats were groups from different spiritual traditions. We also held online pujas and teachings. A total of 1,007 people attended the retreats and online programs in 2025.Of the FPMT retreats, the themes covered included: introduction courses to buddhism and meditation, nature of the mind and training and management training for all of the FPMT centers. We also held a summer youth program for families.We also hosted individuals in our six private retreat cabins for a total of 976 people nights and 155 individuals (equivalent of 70 people taking a 2 week retreat).

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $117,737
Program Service Revenue $400,702
Investment Income $15,171
Other Revenue $13,247
TOTAL REVENUE $546,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $461,582
Fundraising Expenses $0
Program Expenses $813,266
Other Expenses $484,927
TOTAL EXPENSES $946,509

Year-over-Year Comparison

2025 2024 Change
Revenue $546,857 $1,073,249 -0.5%
Expenses $946,509 $856,845 +0.1%
Net Income $-399,652 $216,404 -2.8%
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
4
Independent Members
4
Employees
16
Volunteers
8

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
4
$72,215
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ryan MacLennan Executive Dir. 40.00
Officer
$72,215 $0 $72,215
George Galt CEO 2.00
Officer Director
$0 $0 $0
Beth Dart Secretary 2.00
Officer Director
$0 $0 $0
Don Isaacson Treasurer 2.00
Officer Director
$0 $0 $0
Valerie Thomas Director 2.00
Director
$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
2025 $546,857 $946,509 $3,497,664 $-399,652
2024 $1,073,249 $856,845 $3,852,322 $216,404
2023 $1,339,886 $695,098 $3,609,297 $644,788
2022 $348,205 $553,162 $2,917,992 $-204,957
2021 $161,896 $433,171 $3,173,073 $-271,275
2020 $663,997 $572,595 $3,406,461 $91,402
2019 $1,298,352 $817,807 $3,297,445 $480,545
2018 $1,535,375 $912,640 $2,997,848 $622,735
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