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Maharishi University Of Management Public Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / University or Technological Institute (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.99M (2022)

Expenses
$1.99M (2022)

Total Assets
$1.23M (2022)

Total Liabilities
$429k (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,989,722
Expenses
$1,987,167
Net Income
$2,555
Net Assets
$797,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,989,679
100.0%
Program Services $0
Investment Income $43
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,226,319
Total Liabilities $429,009
Net Assets $797,310
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $24,000 $0 $3,600
David Todt (Trustee) $0 $35,568 $20,040
Tom Brooks (Trustee) $0 $35,568 $19,020
Michael Spivak (Treasurer) $0 $35,568 $18,660
Robert Keith Wallace (Trustee) $0 $18,673 $20,400
Josephine Faeurso (Trustee) $0 $0 $0
Nick Rosania (Secretary) $0 $0 $0
Dr Maureen Wynne (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,590,716
Expenses
$942,975
Net Income
$647,741
Net Assets
$812,429
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,590,649
100.0%
Program Services $0
Investment Income $67
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $812,429
Total Liabilities $0
Net Assets $812,429
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $24,000 $0 $3,600
Michael Spivak (Treasurer) $0 $32,593 $19,200
David Todt (Trustee) $0 $30,195 $20,400
Tom Brooks (Trustee) $0 $31,120 $19,200
Robert Keith Wallace (Trustee) $0 $11,750 $20,400
Josephine Faeurso (Trustee) $0 $0 $0
Nick Rosania (Secretary) $0 $0 $0
Dr Maureen Wynne (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,160,358
Expenses
$2,201,675
Net Income
-$41,317
Net Assets
$164,688
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,159,314
100.0%
Program Services $0
Investment Income $1,044
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $164,688
Total Liabilities $0
Net Assets $164,688
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $24,000 $0 $7,200
Michael Spivak (Treasurer) $0 $32,593 $19,200
David Todt (Trustee) $0 $30,195 $20,400
Tom Brooks (Trustee) $0 $31,120 $19,200
Robert Keith Wallace (Trustee) $0 $11,750 $2,400
Josephine Faeurso (Trustee) $0 $0 $0
Nick Rosania (Secretary) $0 $0 $0
Dr Maureen Wynne (Trustee) $0 $0 $0
Dr Robert Wynne (Vp (Until 6/) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,288,032
Expenses
$1,460,348
Net Income
-$172,316
Net Assets
$206,005
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,284,454
99.7%
Program Services $0
Investment Income $3,578
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $24,000
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $206,005
Total Liabilities $0
Net Assets $206,005
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $26,000 $0 $13,260
Robert Keith Wallace (Trustee) $0 $31,869 $27,720
Michael Spivak (Treasurer) $0 $18,600 $17,520
Tom Brooks (Trustee) $0 $18,600 $29,490
David Todt (Trustee) $0 $16,200 $29,850
Dr Robert Wynne (Vice Preside) $0 $0 $0
Nick Rosania (Secretary) $0 $0 $0
Josephine Faeurso (Trustee) $0 $0 $0
Dr Maureen Wynne (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,450,199
Expenses
$1,310,203
Net Income
$139,996
Net Assets
$378,321
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,449,731
100.0%
Program Services $0
Investment Income $468
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $26,000
2.0%
Assets/Debt
Total Assets $378,321
Total Liabilities $0
Net Assets $378,321
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $0 $0 $0
Michael Spivak (Treasurer) $0 $0 $0
Josephine Faeurso (Trustee) $0 $0 $0
Robert Keith Wallace (Trustee) $0 $0 $0
Dr Robert Wynne (Trustee) $0 $0 $0
Dr Maureen Wynne (Asst Treasur) $0 $0 $0
Tom Brooks (Asst Treasur) $0 $0 $0
Susan Tracy (Secretary) $0 $0 $0
Carl Zimmerman (Asst Secreta) $0 $0 $0
David Todt (Asst Treasur) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$578,162
Expenses
$478,234
Net Income
$99,928
Net Assets
$238,325
Notable Sources of Revenue Percent of Total Revenue
Contributions $577,818
99.9%
Program Services $0
Investment Income $344
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $238,325
Total Liabilities $0
Net Assets $238,325
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $0 $0 $0
Josephine Faeurso (Trustee) $0 $0 $0
Robert Keith Wallace (Trustee) $0 $0 $0
Dr Robert Wynne (Trustee) $0 $0 $0
Dr Maureen Wynne (Treasurer) $0 $0 $0
Tom Brooks (Asst Treasur) $0 $0 $0
Michael Spivak (Asst Treasur) $0 $0 $0
Susan Tracy (Secretary) $0 $0 $0
Carl Zimmerman (Asst Secreta) $0 $0 $0
David Todt (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$332,516
Expenses
$289,657
Net Income
$42,859
Net Assets
$138,397
Notable Sources of Revenue Percent of Total Revenue
Contributions $332,335
99.9%
Program Services $0
Investment Income $181
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $138,397
Total Liabilities $0
Net Assets $138,397
Compensation
Key Employees and Officers Compensation Related Other
Dr Bevan Morris (President) $0 $0 $0
Dr Maureen Wynne (Treasurer) $0 $0 $0
Tom Brooks (Asst Treasur) $0 $0 $0
Michael Spivak (Asst Treasur) $0 $0 $0
Susan Tracy (Secretary) $0 $0 $0
Carl Zimmerman (Asst Secreta) $0 $0 $0
David Todt (Treasurer) $0 $0 $0
Josephine Faeurso (Trustee) $0 $0 $0
Robert Keith Wallace (Trustee) $0 $0 $0
Dr Robert Wynne (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$358,866
Expenses
$300,477
Net Income
$58,389
Net Assets
$95,538
Notable Sources of Revenue Percent of Total Revenue
Contributions $358,709
100.0%
Program Services $0
Investment Income $157
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $95,538
Total Liabilities $0
Net Assets $95,538
Compensation
Key Employees and Officers Compensation Related Other
Maureen Wynne (Treasurer) $0 $0 $0
Tom Brooks (Asst Treasurer) $0 $0 $0
Michael Spivak (Asst Treasurer) $0 $0 $0
Susan Tracy (Secretary) $0 $0 $0
Carl Zimmerman (Asst Secretary) $0 $0 $0
Dr Bevan Morris (Pres/Trustee) $0 $0 $0
David Todt (Treasurer) $0 $0 $0
Josephine Faeurso (Trustee) $0 $0 $0
Robert Keith Wallace (Trustee) $0 $0 $0
Dr Robert Wynne (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$307,964
Expenses
$618,590
Net Income
-$310,626
Net Assets
$37,149
Notable Sources of Revenue Percent of Total Revenue
Contributions $307,938
100.0%
Program Services $0
Investment Income $26
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,149
Total Liabilities $0
Net Assets $37,149
Compensation
Key Employees and Officers Compensation Related Other
Maureen Wynne (Treasurer) $0 $0 $0
Tom Brooks (Asst Treasurer) $0 $0 $0
Michael Spivak (Asst Treasurer) $0 $17,900 $0
Susan Tracy (Secretary) $0 $0 $0
Carl Zimmerman (Asst Secretary) $0 $0 $0
Dr Bevan Morris (Pres/Trustee) $0 $15,350 $0
David Todt (Treasurer) $0 $0 $0
Josephine Faeurso (Trustee) $0 $0 $0
Robert Keith Wallace (Trustee) $0 $25,760 $0
Dr Robert Wynne (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$10,162
Expenses
$33,038
Net Income
-$22,876
Net Assets
$347,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,650
85.1%
Program Services $0
Investment Income $12
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,500
14.8%
Assets/Debt
Total Assets $347,775
Total Liabilities $0
Net Assets $347,775

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$24,404
Expenses
$23,506
Net Income
$898
Net Assets
$370,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,354
99.8%
Program Services $0
Investment Income $50
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $370,651
Total Liabilities $0
Net Assets $370,651

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$67,722
Expenses
$61,430
Net Income
$6,292
Net Assets
$369,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,665
99.9%
Program Services $0
Investment Income $57
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $369,753
Total Liabilities $0
Net Assets $369,753

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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