Nonprofit · EIN 39-1896290
MAHARISHI UNIVERSITY OF MANAGEMENT
Tax-exempt · FAIRFIELD, IA 52556
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,844,890 | $1,849,360 | -$4,470 | $189,494 | $155,919 | $33,575 |
| June 30, 2024 | 990 | $3,181,723 | $3,951,712 | -$769,989 | $205,889 | $167,844 | $38,045 |
| June 30, 2023 | 990 | $2,515,868 | $2,516,196 | -$328 | $1,130,521 | $323,687 | $806,834 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,844,735
- Program service revenue
- $0
- Investment income
- $155
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,809,085
- Compensation of officers, directors and key employees
- $26,100
- Salaries, compensation and benefits (total)
- $28,097
- Professional fundraising fees
- $0
- Travel
- $2,322
- Program services (functional)
- $1,849,360
Balance sheet and other
- Total assets, start of year
- $205,889
- Total assets, end of year
- $189,494
- Total liabilities, end of year
- $155,919
- Net assets, end of year
- $33,575
- Land, buildings and equipment
- $8,170
- Net assets without donor restrictions
- $33,575
- Gross receipts
- $1,844,890
- Employees
- 1
- Volunteers
- 7
- Year formed
- 1997
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MR GAURAV RIJAL | VP OF FINANC Officer | 1 | $0 | $116,004 | $2,600 |
| DR KEITH WALLACE | TRUSTEE Trustee or director | 0.5 | $0 | $66,595 | $24,700 |
| MR TOM BROOKS | TRUSTEE Trustee or director | 0.5 | $0 | $46,816 | $24,700 |
| DR BEVAN MORRIS | PRESIDENT Trustee or director, Officer | 35 | $27,500 | $0 | $7,020 |
| MR MICHAEL SPIVAK | TREASURER Trustee or director, Officer | 1 | $0 | $9,500 | $24,700 |
| MRS JOSEPHINE B FAEURSO | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MR NICK ROSANIA | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DR MAUREEN WYNNE | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR KEITH WALLACE | TRUSTEE Trustee or director | 0.5 | $0 | $42,816 | $18,000 |
| MR TOM BROOKS | TRUSTEE Trustee or director | 0.5 | $0 | $35,166 | $18,000 |
| MR MICHAEL SPIVAK | TREASURER Trustee or director, Officer | 1 | $0 | $29,988 | $18,000 |
| DR BEVAN MORRIS | PRESIDENT Trustee or director, Officer | 35 | $24,000 | $0 | $3,600 |
| MR GAURAV RIJAL | VP OF FINANC Officer | 1 | $0 | $10,350 | $2,700 |
| MR DAVID TODT RESIGNED 72023 | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| MRS JOSEPHINE B FAEURSO | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MR NICK ROSANIA | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DR MAUREEN WYNNE | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MR DAVID TODT | TRUSTEE Trustee or director | 0.5 | $0 | $41,169 | $20,040 |
| MR MICHAEL SPIVAK | TREASURER Trustee or director, Officer | 1 | $0 | $35,568 | $18,660 |
| MR TOM BROOKS | TRUSTEE Trustee or director | 0.5 | $0 | $34,884 | $19,020 |
| DR KEITH WALLACE | TRUSTEE Trustee or director | 0.5 | $0 | $31,200 | $20,400 |
| DR BEVAN MORRIS | PRESIDENT Trustee or director, Officer | 30 | $24,000 | $0 | $3,600 |
| MRS JOSEPHINE B FAEURSO | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| NICK ROSANIA | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DR MAUREEN WYNNE | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 N 4TH ST MR778, FAIRFIELD, IA 52556-5201
- In care of
- % PAYROLL OFFICE
- Principal officer (990 for 2024)
- DR BEVAN MORRIS, TREASURERS OFFICE, FAIRFIELD, IA 52557
- Signed the 990
- MR GAURAV RIJAL, VP OF FINANCIAL OPS
- Phone
- (641) 472-1110
- Return prepared by
- FORGE FINANCIAL & MANAGEMENT CONSULTING
Mission
SUPPORT OF EDUCATIONAL AND CHARITABLE PROGRAMS AND ACTIVITES OF MAHARISHI INTERNATIONAL UNIVERSITY.
Program accomplishments
- SUPPORT EDUCATIONAL AND CHARITABLE PROGRAMS AND ACTIVITES OF MAHARISHI INTERNATIONAL UNIVERSITY.Expenses $1,849,360 · grants $1,809,085
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1896290
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $189,494
- Income (IRS master file)
- $1,844,890
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,844,890 | $1,849,360 | $189,494 | XML |
| 990 | June 2024 | $3,181,723 | $3,951,712 | $205,889 | XML |
| 990 | June 2023 | $2,515,868 | $2,516,196 | $1,130,521 | XML |
| 990 | June 2022 | $1,989,722 | $1,987,167 | $1,226,319 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1896290).
Questions about MAHARISHI UNIVERSITY OF MANAGEMENT
- What is the EIN of MAHARISHI UNIVERSITY OF MANAGEMENT?
- The employer identification number (EIN) of MAHARISHI UNIVERSITY OF MANAGEMENT is 39-1896290.
- Is MAHARISHI UNIVERSITY OF MANAGEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to MAHARISHI UNIVERSITY OF MANAGEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MAHARISHI UNIVERSITY OF MANAGEMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAHARISHI UNIVERSITY OF MANAGEMENT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAHARISHI UNIVERSITY OF MANAGEMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAHARISHI UNIVERSITY OF MANAGEMENT?
- The 990 for the year ended June 30, 2025 names DR BEVAN MORRIS.
- Who are the officers and directors of MAHARISHI UNIVERSITY OF MANAGEMENT?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization.
- How much revenue does MAHARISHI UNIVERSITY OF MANAGEMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,844,890, expenses of $1,849,360 and total assets of $189,494 at year end.
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