2025-02-06T11:44:05-06:00 2024-03-31 390859910 BAKER TILLY ADVISORY GROUP LP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2023-04-01 941700607 INSTITUTE OF BUDDHIST STUDIES INST 5108091444 2140 DURANT AVE BERKELEY CA 94704 DR SCOTT MITCHELL PRESIDENT 5108091444 2025-02-03 1 0 BRIAN YACKER P00401346 9492222999 2025-02-03 2023 2025-03-06 01:10:19Z DAVID MATSUMOTO 2140 DURANT AVE BERKELEY CA 94704 3317453 0 X WWW.SHIN-IBS.EDU X 1969 CA TO PROVIDE GRADUATE LEVEL EDUCATION IN THE FULL BREADTH OF THE BUDDHIST TRADITION. 11 11 27 12 0 0 2561008 1630260 583440 446483 78546 144351 1756 572 3224750 2221666 299738 289680 0 0 1688988 1694111 0 0 118063 539007 517547 2527733 2501338 697017 -279672 8614475 9217344 591367 503175 8023108 8714169 TO PROVIDE GRADUATE LEVEL EDUCATION IN THE FULL BREADTH OF THE BUDDHIST TRADITION WITH SPECIALIZED EDUCATION SUPPORTING PURE LAND AND CONTEMPORARY SHIN BUDDHIST STUDIES, WHILE ADVANCING JODO SHINSHU BUDDHIST MINISTRY AND BUDDHIST CHAPLAINCY. 0 0 1479649 289680 444183 TO PROVIDE GRADUATE LEVEL DEGREE PROGRAMS IN BUDDHIST STUDIES CULMINATING WITH MASTER OF ART, MASTER OF BUDDHIST STUDIES OR MASTER OF DIVINITY DEGREES TO PREPARE STUDENTS FOR BUDDHIST MINISTRY OR CHAPLAINCY. A RANGE OF CERTIFICATE PROGRAMS ARE OFFERED AND CAN BE COMPLETED BASED ON THE STUDENT'S AREA OF SPECIALIZATION (BUDDHIST CHAPLAINCY, SHIN BUDDHISM CERTIFICATE, BUDDHISM AND CONTEMPORARY PSYCHOLOGY, AND THERAVADA BUDDHIST STUDIES). SPONSOR PUBLIC LECTURES, SEMINARS, CONFERENCES AND SYMPOSIA, PUBLISH JOURNALS, TRANSLATE ARTICLES, AND LECTURES. 93990 2300 DORMITORY-STYLE HOUSING IS MADE AVAILABLE TO STUDENTS. 1573639 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 0 0 CA X RIVER CULLEN 5108091445 2140 DURANT AVENUE BERKELEY CA 94704 SUSAN PHUNG INT. ACCOUNTING MGR. (UNTIL 12/2023) 40.00 X 210909 0 16085 LINDA SHIOZAKI DIRECTOR OF FINANCE (UNTIL 12/2023) 40.00 X 137116 0 47608 DR SCOTT MITCHELL DEAN OF FACULTY & STUDENT AFFAIRS 40.00 X 117045 0 29978 PAULA ARAI PROFESSOR 40.00 X 112995 0 21373 DAVID MATSUMOTO PRESIDENT 40.00 X 28657 0 84554 NANCY LIN ASSISTANT PROFESSOR 40.00 X 102337 0 0 RIVER CULLEN DIR. OF FIN./ADMIN. (STARTED 01/24) 40.00 X 47667 0 7704 DR LEROY MORISHITA CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 DR PATRICIA HIRAMOTO TRUSTEE 2.00 X 0 0 0 MS CHERYL IKEMIYA TRUSTEE 2.00 X 0 0 0 REV KATSUYA KUSUNOKI TRUSTEE 2.00 X 0 0 0 REV KIYONOBU KUWAHARA TRUSTEE 2.00 X 0 0 0 MS PEGGY OKABAYASHI TRUSTEE 2.00 X 0 0 0 MR CHARLES OZAKI TRUSTEE 2.00 X 0 0 0 REV CANDICE SHIBATA TRUSTEE 2.00 X 0 0 0 REV DENNIS SHINSEKI TRUSTEE 2.00 X 0 0 0 MR RICHARD STAMBUL TRUSTEE 2.00 X 0 0 0 REV JON TURNER TRUSTEE 2.00 X 0 0 0 REV MARVIN HARADA CHANCELLOR 2.00 X 0 0 0 756726 0 207302 5 0 1 0 0 1630260 11802 1630260 GRADUATE PROGRAMS 611710 444183 444183 DORMITORY RENTS 611600 2300 2300 446483 113633 113633 572 572 1126505 1095787 30718 30718 30718 2221666 446483 0 144923 289680 289680 568262 182614 335806 49842 776502 597678 137384 41440 250274 143234 101862 5178 99073 60838 34191 4044 5197 5197 60835 60835 50279 50279 26488 1300 25188 1515 1515 25032 4229 19631 1172 105068 71165 18586 15317 8891 8164 501 226 2259 2259 5894 5189 681 24 26905 16492 9645 768 AFFILIATION FEES 92775 92775 REPAIRS & MAINT. 30417 30417 PACIFIC WORLD PUB. 25025 25025 INSTRUCTION EXPENSES 20305 20211 42 52 30662 23113 7549 2501338 1573639 809636 118063 487335 341669 1402410 1376006 165208 92795 3225 8845 11159 12466 488275 203744 172353 284531 6356459 7082572 16326 18460 8614475 9217344 464096 308239 109043 104200 15953 18460 72276 2275 0 591367 503175 X 842901 892952 7180207 7821217 8023108 8714169 8614475 9217344 -279672 970733 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5337445 260970 918747 84094 66527 6366541 5867643 170200 -321883 306630 71885 5337445 6407609 249831 -251112 251443 287242 5867643 4495663 249920 1790608 128582 6407609 3544280 1493284 -371752 170149 4495663 0.00000 0.74073 0.25927 1 0 57600 57600 302150 85347 216803 122350 115207 7143 6175 3190 2985 284531 X 2852440 970733 -289680 681053 2171387 50279 50279 2221666 2161379 0 2161379 50279 289680 339959 2501338 PART IV, LINE 2B: THE INSTITUTE ACTS AS AN AGENT ON BEHALF OF RYUKOKU UNIVERSITY PROGRAMS OPERATED IN THE U.S. PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE TO PROVIDE STUDENT SCHOLARSHIPS, SUPPORT LIBRARY PURCHASES, OPERATIONS, FACILITIES/BUILDINGS, AND INSTITUTIONAL DEVELOPMENT TO BENEFIT THE STUDENTS AND SCHOLARS OF THE INSTITUTE. PART X, LINE 2: THE INSTITUTE QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND BY CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE INSTITUTE HAS TAKEN ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. THE BOARD OF TRUSTEES (THE "BOARD") BELIEVES THAT ANY POSITIONS THE INSTITUTE HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -289,680. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARHIPS 289,680. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SCHOOL POLICIES ARE GENERALLY MADE KNOWN AT THE TIME OF ORIENTATION OR REGISTRATION. ALSO, THE STUDENT HANDBOOK AND COURSE CATALOG REITERATES POLICIES. THE CATALOG IS AVAILABLE ONLINE ON THE SCHOOL WEBSITE. 1 SCHOLARSHIPS 55 289680 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED AS TUITION DISCOUNTS. SCHOLARSHIP APPLICATIONS ARE REVIEWED BY THE SCHOLARSHIP COMMITTEE, WITH ATTENTION TO BOTH STUDENT GOALS AND PROGRESS, AND DONOR INTENT. SCHOLARSHIP FUNDS ARE ALLOCATED BASED ON DONOR INTENT. 0 0 0 0 0 0 0 0 0 SUSAN PHUNG INT. ACCOUNTING MGR. (UNTIL 12/2023) 210909 0 0 0 0 0 0 0 16085 0 226994 0 0 0 LINDA SHIOZAKI DIRECTOR OF FINANCE (UNTIL 12/2023) 137116 0 0 0 0 0 0 0 47608 0 184724 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE DOES NOT KEEP MINUTES OF DISCUSSIONS AND DECISIONS REGARDING CONFIDENTIAL MATTERS. ALL MATTERS REQUIRING FIDUCIARY OVERSIGHT ARE REFERRED TO THE FULL BOARD FOR DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE PREPARED FORM 990 IS REVIEWED AT THE BOARD MEETING PRIOR TO SUBMISSION OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST AS IT OCCURS. ADDITIONALLY, BOARD OF TRUSTEES AND OFFICERS ARE REQUIRED TO SIGN AN ANNUAL AFFIRMATION. IF A POTENTIAL CONFLICT IS BROUGHT UP, A DISCUSSION WITH THE INTERESTED PERSON HAPPENS, AFTER THE DISCUSSION, THE INTERESTED PERSON IS EXCUSED AND THE REMAINING BOARD DETERMINES WHETHER A CONFLICT EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, THE INTERESTED PERSON IS NOT ALLOWED TO TAKE PART IN THE CONVERSATION REGARDING THE CONFLICTS OR IN THE DECISIONS. THE PROCESS AND DECISION IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOCUMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.