Form 990 for tax year 2023
Filed by MAHARISHI INTERNATIONAL UNIVERSITY.
Totals
- Total revenue
- $55,349,155
- Total expenses
- $59,432,190
- Contributions and grants received
- $9,432,142
- Grants paid
- $4,776,619
- Program service revenue
- $44,641,493
- Investment income
- $83,283
- Other revenue
- $1,192,237
- Total assets, end of year
- $87,333,276
- Total liabilities, end of year
- $30,309,364
- Net assets or fund balances, end of year
- $57,023,912
- Program services expenses (Part IX)
- $38,345,558
- Management and general expenses
- $20,483,919
- Fundraising expenses
- $602,713
- Program service expenses (Part III)
- $38,345,558
Program services were 64.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$600,564
-
1f · All other contributions, gifts and grants
$8,831,578
-
2a · Program service revenue: TUITION AND FEES
total $36,979,286 · related or exempt $36,979,286
-
2b · Program service revenue: ROOM AND BOARD
total $5,933,114 · related or exempt $5,933,114
-
2c · Program service revenue: AUXILIARY ENTERPRISES
total $1,729,093 · related or exempt $1,729,093
-
3 · Investment income
total $194,766 · excluded $194,766
-
6a · Gross rents
real property $249,697
-
6c · Rental income or loss
real property $249,697
-
6d · Net rental income or loss
total $249,697 · excluded $249,697
-
7a · Gross sales of assets other than inventory
other assets $4,165,937
-
7b · Less cost or other basis and sales expenses
other assets $4,277,420
-
7c · Gain or loss
other assets -$111,483
-
7d · Net gain or loss
total -$111,483 · related or exempt -$111,483
-
8a · Fundraising events: gross income
$87,494
-
8c · Net income from fundraising events
total $87,494 · excluded $87,494
-
11a · Other revenue: OTHER REVENUE
total $855,046 · related or exempt $855,046
-
11e · Other revenue, total
$855,046
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $365,112 · program services $365,112
-
2 · Grants to domestic individuals
total $4,411,507 · program services $4,411,507
-
5 · Compensation of officers, directors and key employees
total $828,363 · program services $678,279 · management and general $150,084
-
7 · Other salaries and wages
total $20,615,517 · program services $14,959,183 · management and general $5,285,332 · fundraising $371,002
-
9 · Other employee benefits
total $6,235,945 · program services $4,214,457 · management and general $2,021,488
-
10 · Payroll taxes
total $1,389,011 · program services $967,704 · management and general $392,956 · fundraising $28,351
-
11b · Fees: legal
total $32,983 · management and general $32,983
-
11c · Fees: accounting
total $72,307 · management and general $72,307
-
11g · Fees: other
total $5,414,235 · program services $4,345,338 · management and general $972,578 · fundraising $96,319
-
12 · Advertising and promotion
total $2,769,193 · program services $6,416 · management and general $2,762,777
-
13 · Office expenses
total $63,109 · program services $16,735 · fundraising $46,374
-
14 · Information technology
total $80,630 · program services $859 · management and general $76,065 · fundraising $3,706
-
16 · Occupancy
total $4,297,708 · program services $3,013,520 · management and general $1,283,938 · fundraising $250
-
17 · Travel
total $157,334 · program services $60,789 · management and general $72,213 · fundraising $24,332
-
20 · Interest
total $951,097 · program services $659,233 · management and general $291,864
-
22 · Depreciation, depletion and amortization
total $2,765,803 · program services $1,957,465 · management and general $808,338
-
23 · Insurance
total $1,100,517 · program services $14,208 · management and general $1,086,309
-
24a · Other expenses: BAD DEBTS
total $4,521,166 · management and general $4,521,166
-
24b · Other expenses: SUPPLIES
total $2,400,685 · program services $1,714,785 · management and general $653,521 · fundraising $32,379
-
24c · Other expenses: BOOKS
total $959,968 · program services $959,968
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,558,922 · end of year $3,811,767
-
3 · Pledges and grants receivable
beginning of year $210,717 · end of year $210,717
-
4 · Accounts receivable
beginning of year $24,852,976 · end of year $24,942,399
-
7 · Other notes and loans receivable
beginning of year $962,404 · end of year $213,463
-
8 · Inventories for sale or use
beginning of year $284,856 · end of year $26,494
-
9 · Prepaid expenses and deferred charges
beginning of year $489,066 · end of year $382,782
-
10a · Land, buildings and equipment: cost or other basis
$112,027,881
-
10b · Land, buildings and equipment: accumulated depreciation
$68,726,761
-
10c · Land, buildings and equipment, net
beginning of year $45,557,277 · end of year $43,301,120
-
12 · Investments: other securities
beginning of year $14,260,400 · end of year $11,902,396
-
15 · Other assets
beginning of year $3,176,197 · end of year $2,542,138
-
17 · Accounts payable and accrued expenses
beginning of year $4,094,738 · end of year $3,557,043
-
19 · Deferred revenue
beginning of year $530,726 · end of year $1,269,364
-
20 · Tax-exempt bond liabilities
beginning of year $7,060,631 · end of year $6,753,906
-
23 · Secured mortgages and notes payable
beginning of year $20,332,396 · end of year $18,101,493
-
25 · Other liabilities
beginning of year $1,659,528 · end of year $627,558
-
27 · Net assets without donor restrictions
beginning of year $52,951,796 · end of year $50,536,912
-
28 · Net assets with donor restrictions
beginning of year $7,723,000 · end of year $6,487,000
Mission and programs · 2023
Mission
EDUCATION USED TO DEVELOP EVERY STUDENT'S CREATIVE POTENTIAL THROUGH MAHARISHI'S CONSCIOUSNESS-BASED EDUCATION, THEREBY RAISING EVERY NATION TO INVINCIBILITY AND CREATING PEACE AND PROSPERITY FOR OUR WORLD FAMILY.
-
PROVIDES ACCREDITED POST SECONDARY EDUCATION TO APPROXIMATELY 2,547 STUDENTS INCLUDING BACHELOR'S DEGREES, MASTER'S DEGREES AND PHD'S IN ARTS, SCIENCES, BUSINESS AND HUMANITIES.
Expenses $34,327,106 · Grants $3,118,884 · Revenue $42,278,493
-
PROVIDES GRADE SCHOOL, GRADES 1 - 12, TO APPROXIMATELY 142 STUDENTS WHERE IT IDENTIFIES ESSENTIAL CONCEPTS AND SKILLS IN LITERACY, MATHEMATICS, SCIENCE, SOCIAL STUDIES, AND 21ST CENTURY SKILLS. ENHANCES STUDENT ENGAGEMENT BY EMPHASIZING INTEREST, ROBUST AND RELEVANT LEARNING EXPERIENCES. TAKES LEARNING TO A DEEPER LEVEL BY MOVING STUDENTS BEYOND SUPERFICIAL KNOWLEDGE TO DEEP CONCEPTUAL AND PROCEDURAL KNOWLEDGE. PROVIDES DIRECTION FOR TEACHERS REGARDING EFFECTIVE INSTRUCTION AND ASSESSMENT.
Expenses $4,018,452 · Grants $1,292,623 · Revenue $2,363,000
As filed on the 2023 return.
Listed in Part VII
-
Dr John HagelinDR JOHN HAGELIN
PRESIDENT
- Total calculated
- $150,084
- From this org
- $150,084
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $150,084
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $150,084
-
Dr Keith WallaceDR KEITH WALLACE
TRUSTEE
- Total calculated
- $60,816
- From this org
- $42,816
- From related orgs
- $0
- Other
- $18,000
- Hours/week
- 35 + 0.5 related
-
Dr Bevan MorrisDR BEVAN MORRIS
PRES-CHAIR E
- Total calculated
- $27,600
- From this org
- $0
- From related orgs
- $24,000
- Other
- $3,600
- Hours/week
- 0.5 + 35 related
-
Dr Carolyn KingDR CAROLYN KING
TRUSTEE
- Total calculated
- $13,600
- From this org
- $6,400
- From related orgs
- $0
- Other
- $7,200
- Hours/week
- 0.5
-
Dr Jeffrey Abramson ResignedDR JEFFREY ABRAMSON RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Rogers Badgett ResignedDR ROGERS BADGETT RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Bruce CurrivanDR BRUCE CURRIVAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Jim DavisMR JIM DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mrs Diane DavisMRS DIANE DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Martin DavyDR MARTIN DAVY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Susan DillbeckDR SUSAN DILLBECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Michael DimickMR MICHAEL DIMICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Barbara DreierDR BARBARA DREIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Tom FactorDR TOM FACTOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mrs Josephine B FauersoMRS JOSEPHINE B FAUERSO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Mr W Scott GouldMR W SCOTT GOULD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Michael HeinrichMR MICHAEL HEINRICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Doug Greenfield ResignedMR DOUG GREENFIELD RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Mrs Toby LiebMRS TOBY LIEB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Ed MalloyMR ED MALLOY
TRUSTEE/CHAI
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Ted McLaughlin ResignedMR TED MCLAUGHLIN RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Neil PatersonDR NEIL PATERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Eric SchwartzMR ERIC SCHWARTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Ram ShrivastavaMR RAM SHRIVASTAVA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Tom StanleyDR TOM STANLEY
TRUSTEE/VICE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Laura WegeDR LAURA WEGE
TRUSTEE/VICE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Maureen WynneDR MAUREEN WYNNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
Ms Rena BooneMS RENA BOONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Lorenza GarghettiDR LORENZA GARGHETTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Nakisha HobbsDR NAKISHA HOBBS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Kwesi OrgleDR KWESI ORGLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Andy ZhongDR ANDY ZHONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Jane Schmidt-WilkDR JANE SCHMIDT-WILK
FACULTY TRUS
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Scott HerriottDR SCOTT HERRIOTT
PROVOST
- Total calculated
- $72,798
- From this org
- $54,798
- From related orgs
- $0
- Other
- $18,000
- Hours/week
- 35
-
Dr Nat GoldhaberDR NAT GOLDHABER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Paul Gelderloos ResignedDR PAUL GELDERLOOS RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Michael Dillbeck ResignedDR MICHAEL DILLBECK RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Ravi Patel ResignedDR RAVI PATEL RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Mr Bob Daniels ResignedMR BOB DANIELS RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Vernon Katz ResignedDR VERNON KATZ RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Fred Gratzon ResignedDR FRED GRATZON RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Ms Joni Kimberlin ResignedMS JONI KIMBERLIN RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Vincent Argiro ResignedDR VINCENT ARGIRO RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Ramani Ayer ResignedDR RAMANI AYER RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Rashi Glazer ResignedDR RASHI GLAZER RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Christopher Hartnett ResignedDR CHRISTOPHER HARTNETT RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Mr David Lynch ResignedMR DAVID LYNCH RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Steve Rubin ResignedDR STEVE RUBIN RESIGNED
TRUSTEE EMER
- Total calculated
- $0
- Hours/week
- 0
-
Dr Rod EasonDR ROD EASON
VP-ENROLLMEN
- Total calculated
- $50,030
- From this org
- $50,030
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
-
Mr Michael SpivakMR MICHAEL SPIVAK
TREASURER
- Total calculated
- $47,988
- From this org
- $29,988
- From related orgs
- $0
- Other
- $18,000
- Hours/week
- 35 + 1 related
-
Mrs Susan TracyMRS SUSAN TRACY
ASSISTANT SE
- Total calculated
- $0
- Hours/week
- 0.5
-
Mr Tom BrooksMR TOM BROOKS
VP OF OPERAT
- Total calculated
- $53,166
- From this org
- $35,166
- From related orgs
- $0
- Other
- $18,000
- Hours/week
- 35 + 0.5 related
-
Mr David Todt Left 63023MR DAVID TODT LEFT 63023
CHIEF ADMIN
- Total calculated
- $0
-
Chris Muller Joined 7123CHRIS MULLER JOINED 7123
COO
- Total calculated
- $146,560
- From this org
- $146,560
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
-
Dr Craig PearsonDR CRAIG PEARSON
ASSISTANT TO
- Total calculated
- $59,767
- From this org
- $41,767
- From related orgs
- $0
- Other
- $18,000
- Hours/week
- 35
-
Gaurav RijalGAURAV RIJAL
VP OF FINANC
- Total calculated
- $13,050
- From this org
- $10,350
- From related orgs
- $0
- Other
- $2,700
- Hours/week
- 35 + 1 related
-
Bill Smith Joined 7123BILL SMITH JOINED 7123
VP OF ONLINE
- Total calculated
- $160,503
- From this org
- $160,503
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $160,503
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $160,503
-
Najeeb NajeebNAJEEB NAJEEB
FACULTY
- Total calculated
- $152,180
- From this org
- $152,180
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $152,180
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $152,180
-
Payman SalekPAYMAN SALEK
FACULTY
- Total calculated
- $200,942
- From this org
- $200,942
- From related orgs
- $0
- Other
- $0
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $200,942
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $200,942
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$165,202
CONSC.-BASED EDUCATI
-
$100,000
RESEARCH IN CONSCIOU
-
RESEARCH IN CONSCIOU
-
BRAHMANANDA SARASWATI FOUNDATION
$44,275
CONSC. BASED EDUCATI
-
COMMUNITY EDUCATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MAHARISHI INTERNATIONAL UNIV FOUND
501C3 · SUP ORG · IA · controlled entity
Directly controlled by MAHARISHI UNIVERSITY OF MANAGEMENT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MAHARISHI INTERNATIONAL UNI RE LLC REAL ESTATE CORPORATION
REALESTATE · IA · income $3,181,723 · assets $205,889
Directly controlled by MUM
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
PLEASANT PLAIN INVESTMENT LTD
EXCLUDED · RENTS · IA · share of income $249,697 · share of assets $3,287,903
Directly controlled by MAHARISHI UNIVERSITY OF MANAGEMENT
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
PLEASANT PLAIN MOBILE HOME CORP
C CORP · RENTS · IA · share of income $1,125
Directly controlled by MAHARISHI UNIVERSITY OF MANAGEMENT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511009349301711
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