(January 1, 2013 – December 31, 2013)
During 2013, a total of 262 days of teacher-led courses were offered at the Retreat Center, and 365 days for personal retreats were offered at the Forest Refuge. A total of 54 teachers, including 3 monks and 1 nun from the ordained sangha, taught the Buddha’s priceless teachings throughout this period. Retreat highlights included:
2,696 individuals participated in retreats at IMS during 2013. Some sat more than one retreat yielding a total of 3,087 registrations. Pertinent information about those who sat at IMS is a follows:
Our occupancy rate at the Retreat Center was 92% and at the Forest Refuge it was 83%.
Financial results of operations
Total operating expenses for the year (net of depreciation and investment fees) were $3,894,807. Revenues from registrations for retreats covered 52% of our expenses; the rest came from donations and investment income. Clearly, IMS continues to rely heavily on donations to keep rates affordable and to sustain operations.
Operating revenue (not including investment income)
The following revenue and expense information is derived from our audited financial statement.
Operating expenses (net of depreciation and investment fees)
* Includes donations received for and paid to teachers.
** The operational deficit was covered by the budgeted investment draw.
Please direct any feedback to Linda Spink, IMS Executive Director, at firstname.lastname@example.org.