Form 990 for tax year 2022
Filed by SOUTHERN USA FALUN DAFA ASSOCIATION.
Totals
- Total revenue
- $8,341,111
- Total expenses
- $8,344,407
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $8,341,111
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $662,317
- Total liabilities, end of year
- $2,130,344
- Net assets or fund balances, end of year
- -$1,468,027
- Program services expenses (Part IX)
- $8,344,407
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,344,407
Program services were 100.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: SY Perf. Arts shows
total $8,341,111
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
12 · Advertising and promotion
total $4,517,677 · program services $4,517,677
-
16 · Occupancy
total $1,313,589 · program services $1,313,589
-
17 · Travel
total $552,416 · program services $552,416
-
24a · Other expenses: Fee to Shen Yun Performing Arts
total $1,960,725 · program services $1,960,725
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $447,829 · end of year $662,317
-
10c · Land, buildings and equipment, net
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,912,560 · end of year $2,130,344
-
27 · Net assets without donor restrictions
beginning of year -$1,464,731 · end of year -$1,468,027
-
28 · Net assets with donor restrictions
end of year $0
Mission and programs · 2022
Mission
Promoted Buddhism principles of Truthfulness, Compassion and Tolerance.
Activities or mission (Part I)
Promote Buddhism principles of Truthfulness, Compassion, and Tolerance
-
Promoted Buddhism principles of Truthfulness, Compassion and Tolerance by running Shen Yun shows.
Expenses $8,344,407 · Revenue $8,341,111
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sean YangSEAN YANG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Hongyi PanHONGYI PAN
Exe Dir - SY Perform Arts Division
- Total calculated
- $0
- Hours/week
- 50
-
Michael Hwang
SecretaryTreasurer
- Total calculated
- $0
- Hours/week
- 5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 November 2024
- IRS schema version
- 2022v5.0
- Source object
- 202413099349301356
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.