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Nonprofiteer
← SHEN YUN PERFORMING ARTS INC

Form 990 for tax year 2024

Filed by SHEN YUN PERFORMING ARTS INC.

Totals

Total revenue
$44,826,468
Total expenses
$21,191,463
Contributions and grants received
$6,193,264
Grants paid
$0
Program service revenue
$33,771,696
Investment income
$3,447,363
Other revenue
$1,414,145
Total assets, end of year
$290,328,696
Total liabilities, end of year
$246,897
Net assets or fund balances, end of year
$290,081,799
Program services expenses (Part IX)
$20,685,987
Management and general expenses
$505,476
Fundraising expenses
$0
Program service expenses (Part III)
$20,685,987

Program services were 97.6% 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.

  • 1f · All other contributions, gifts and grants

    $6,193,264

  • 1g · Noncash contributions included above

    $1,465,532

  • 2a · Program service revenue: Program Revenue

    total $33,771,696 · related or exempt $33,771,696

  • 3 · Investment income

    total $3,447,363 · related or exempt $3,447,363

  • 5 · Royalties

    total $1,413,929 · related or exempt $1,413,929

  • 10a · Gross sales of inventory

    $685

  • 10b · Cost of goods sold

    $469

  • 10c · Net income from sales of inventory

    total $216

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $98,800 · program services $98,800

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $6,793,921 · program services $6,793,921

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $88,655 · program services $88,655

  • 10 · Payroll taxes

    total $762,854 · program services $762,854

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $259,352 · management and general $259,352

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $45,113 · management and general $45,113

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $42,567 · management and general $42,567

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,670,074 · program services $1,669,126 · management and general $948

  • 17 · Travel

    total $649,205 · program services $573,957 · management and general $75,248

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $652,985 · program services $650,010 · management and general $2,975

  • 23 · Insurance

    total $163,441 · program services $163,441

  • 24a · Other expenses: Production Cost

    total $3,364,473 · program services $3,364,473

  • 24b · Other expenses: Misc Equipment Expense

    total $921 · program services $921

  • 24c · Other expenses: Facility, Theater and Office Rental

    total $664,429 · program services $664,429

  • 24d · Other expenses: Charitable Contribution

    total $5,855,400 · program services $5,855,400

  • 24e · All other expenses

    total $79,273 · management and general $79,273

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $72,218,764 · end of year $54,179,726

  • 2 · Savings and temporary cash investments

    beginning of year $177,001,833 · end of year $218,927,114

  • 4 · Accounts receivable

    beginning of year $9,011,731 · end of year $8,124,876

  • 8 · Inventories for sale or use

    beginning of year $181,589 · end of year $175,551

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,266,342 · end of year $4,451,245

  • 10a · Land, buildings and equipment: cost or other basis

    $11,374,778

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,904,594

  • 10c · Land, buildings and equipment, net

    beginning of year $851,883 · end of year $4,470,184

  • 15 · Other assets

    beginning of year $3,642,354

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,596 · end of year $246,897

  • 27 · Net assets without donor restrictions

    beginning of year $266,165,900 · end of year $290,081,799

Mission and programs · 2024

Mission

To share the goodness of Falun Dafa and the values of Truth, Compassion, and Forbearance through the performing arts. To bring together talented artists from different nationalities to present the cultural and spiritual heritage of China, and remind todays people of the ways of tradition, bringing people to a better place.

Activities or mission (Part I)

To share the goodness of Falun Dafa and the values of Truth, Compassion, and Forbearance through the arts. To present the cultural and spiritual heritage of China and ways of tradition, bringing people to a better place.

  • Shen Yun is a classical chinese dance performing arts company and we perform in various cities in US, North America, South America, EU, UK, Australia and Asia.

    Expenses $20,685,987 · Revenue $33,771,696

As filed on the 2024 return.

Listed in Part VII

  • Yu Zhou

    President/Treasurer

    Total calculated
    $51,100
    From this org
    $51,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    35
  • Hao Wang

    Board of Director

    Total calculated
    $36,900
    From this org
    $36,900
    From related orgs
    $0
    Other
    $0
  • Ying Chen

    Board of Director

    Total calculated
    $10,800
    From this org
    $10,800
    From related orgs
    $0
    Other
    $0
  • Yi Cai

    Board of Director

    Total calculated
    $0
  • Kangang Xu

    Secretary

    Total calculated
    $0
    Hours/week
    35

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
2024
Filed
23 October 2025
IRS schema version
2024v5.1
Source object
202543069349300264

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