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Maharishi Foundation USA

Fairfield, IA · EIN 04-3196447 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Maharishi Foundation USA reported $12.4 million in revenue and $13.2 million in expenses for calendar year 2024. Of every $100 it spent, $89.07 went to program services, $10.46 to management and general costs and $0.47 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.3% of the total. The highest compensation it reported for one person was $78,000 (CEO & DIRECTOR). Revenue fell 41% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
89.1%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
10.5%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.5%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.8%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
79.3%58.9%
Highest reported compensation
Part VII-A, columns D–F
$78,000$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.59%1.38%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.96.8
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$11M expenses · 97.5% of program spending · grants $1.1M

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

$123K expenses · 1.0% of program spending

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

$169K expenses · 1.4% of program spending · grants $139K

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

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO & DIRECTOR
Director/trustee, officer, 35.0 hrs/week
$78,000$0$0$78,000
DIRECTOR & COO
Director/trustee, officer, 40.0 hrs/week
$72,000$0$0$72,000
CFO & TREASURER
Officer, 40.0 hrs/week
$36,000$0$0$36,000

0 people received more than $100,000 in reportable compensation from Maharishi Foundation USA (Part VII, line 2). Compensation of current officers, directors and key employees totaled $186K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$12M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$12M$13M89.1%$9.8M$78,000
2023 ⓘ$14M$15M89.8%$11M$78,000
2022 ⓘ$17M$15M87.7%$11M$102,415
2021 ⓘ$15M$14M87.7%$9.4M$78,000
2020 ⓘ$15M$13M86.3%$9.2M$78,000
2019 ⓘ$21M$21M88.9%$7.1M$78,000

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5126
  • Volunteers Part I, line 6182

Private foundation grants it received

9 private foundations reported grants to Maharishi Foundation USA totaling $74,908 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Maharishi Foundation USA's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Maharishi Foundation USA, you can publish a response that is linked from this page.

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Questions people ask

How much of Maharishi Foundation USA's spending goes to programs?

In calendar year 2024, Maharishi Foundation USA reported that 89.1% of its $13.2 million in expenses went to program services, 10.5% to management and general and 0.5% to fundraising (Form 990, Part IX).

How much does Maharishi Foundation USA pay its top executive?

The largest total compensation Maharishi Foundation USA reported for one person in calendar year 2024 was $78,000, for the role of CEO & DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Maharishi Foundation USA get its money?

Of $12.4 million in revenue in calendar year 2024, 11.8% came from contributions and grants and 79.3% from program service revenue (Form 990, Part VIII).

Is Maharishi Foundation USA a registered charity?

The IRS lists EIN 04-3196447 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202512679349300716 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202442749349301064 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312769349300936 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242919349300624 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132089349301388 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202042659349300994 · read the filing

All filings for EIN 04-3196447: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.