Drikung Meditation Center Inc, Jokhang Institute in Arlington, Massachusetts (MA)

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Drikung Meditation Center Inc, Jokhang Institute
Employer Identification Number (EIN)043459087
Name of OrganizationDrikung Meditation Center Inc
Secondary NameJokhang Institute
In Care of NameAlexis Tsapatsaris
Address15 Bartlett Avenue, Arlington, MA 02476
Websitehttp://DrikungBoston.org
SubsectionReligious Organization
Ruling Date05/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$60,193
Amount of Income$51,942
Form 990 Revenue Amount$51,942
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Buddhist


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Amount of income in 2012: $51,942 (it was $51,942 in 2013)
Drikung Meditation Center Inc, Jokhang Institute: 

 $51,942
Other organizations performing similar types of work: 

 $68,913

Assets in 2012: $60,193 (it was $60,193 in 2013)
This organization: 

 $60,193
Other organizations performing similar types of work: 

 $112,218

Expenses in 2013: $48,489
Drikung Meditation Center Inc, Jokhang Institute: 

 $48,489
Other organizations performing similar types of work: 

 $50,512

Income to expenses ratio in 2013: 1.1
Drikung Meditation Center Inc, Jokhang Institute: 

 1.1
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 10.5%
Drikung Meditation Center Inc, Jokhang Institute: 

 10.5%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20112013
Total revenue$20,656$51,942
Contributions, gifts, grants, and similar amounts received$20,656$5,464
Program service revenue including government fees and contracts$0$46,478
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$58,917$48,489
Total net assets$38,345$59,297
Excess/Deficit for the year$-38,261$3,453
Net assets or fund balances at beginning of year$76,606$55,844
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$59,297
Balance Sheets
20112013
Total assets$58,574$60,193
Total liabilities$20,229$896
Net assets or fund balances$38,345$59,297
Other Information
20112013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$206,517
Subtotal Support$206,517
Gifts, grants, contributions, and membership fees received$206,517
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$228,514
Public Support$206,517
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$21,997
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$68,455
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Tibetan Buddhist Resources Center1430 Massachusetts Ave, Cambridge, MA 02138-3831MA2000-05$748,329
2Samanta Bhadra Buddhist Center Inc155 Quincy Ave, Braintree, MA 02184-3701MA2009-04$740,293
3Pointing Out The Great Way Foundation18 Audubon Ln, Carlisle, MA 01741-1500MA2012-08$135,646
4American Wisdom Association7 Marshall St, Billerica, MA 01821-4006MA2009-05$87,660
5Rime Shedrub Ling Tibetan Buddhist Center81 Gulf Rd, Belchertown, MA 01007-9729MA2002-10$73,907
6Drikung Meditation Center Inc, Jokhang Institute15 Bartlett Avenue, Arlington, MA 02476MA2000-05$51,942
7Tuong Van Buddhist Temple Inc47 Wilbur St, Lowell, MA 01851-2707MA2012-11$46,329
8New England Buddhist Vihara &meditation Center162 Old Upton Rd, Grafton, MA 01519-1308MA2010-02$39,794
9Pashupatinath Buddha Foundation Of New England16 Saunders Rd, Norwood, MA 02062-3214MA2014-07$33,459
10Bodhicitta Center For The Encouragement Of Compassion In The397 Copeland St, Brockton, MA 02301-7056MA2001-09$0
11Boston Buddha Vararam Temple, Wat Boston Buddha Vararam125 North Rd, Bedford, MA 01730-1063MA2001-03$0
12Boundless Way Zen1030 Pleasant St, Worcester, MA 01602-1334MA2010-11$0
13Community And Personal Awareness Support Systems Inc, Dedicated Life Institute51 Westchester Rd, Newton, MA 02458MA2014-07$0
14Dhammakaya Meditation Center Boston65 Roberts St, Quincy, MA 02169-6466MA2011-02$0
15Dharmalaya Inc2353 Mass Ave Apt 66, Cambridge, MA 02140-1245MA2014-03$0
16Dharmanectar Org Inc467 Columbus Avenue, Boston, MA 02116MA2014-09$0
17Gin Te Buddhist Center Inc34 Fordham Rd 3rd Flr, Allston, MA 02134-3006MA2002-03$0
18Green River Zen Center29 E Taylor Hill Rd, Montague, MA 01351-9508MA2013-09$0
19Houn-An Dharma Cloud Hermitage Inc, Dba Charles River Zen210 Belmont St Apt 8, Watertown, MA 02472-3557MA2003-02$0
20Hue Lam Meditation Temple2 Vernon St, Fitchburg, MA 01420-3723MA2006-06$0
Number of organizations performing similar types of work
Alaska2
Alabama11
Arkansas16
Arizona41
California615
Colorado57
Connecticut10
District of Columbia4
Delaware2
Florida86
Georgia42
Hawaii32
Iowa13
Idaho8
Illinois40
Indiana14
Kansas13
Kentucky9
Louisiana18
Massachusetts60
Maryland33
Maine8
Michigan35
Minnesota31
Missouri20
Mississippi3
Montana10
North Carolina36
North Dakota1
Nebraska3
New Hampshire10
New Jersey38
New Mexico26
Nevada21
New York226
Ohio25
Oklahoma10
Oregon43
Pennsylvania41
Rhode Island7
South Carolina15
South Dakota2
Tennessee21
Texas118
Utah12
Virginia47
Vermont6
Washington83
Wisconsin15
West Virginia3
Wyoming1
International7
Total2,050

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