Annual Report

IMS Annual Report of Operations for the Year 2023
(January 1, 2023 – December 31, 2023)

Retreats and Online Programming

IMS’s mission is to offer the dharma to as many as possible without discrimination or financial burden. Sliding-scale pricing is offered to every retreatant, if needed, up to a 50% discount. Approximately half of retreatants utilize some portion of this discount to participate in meditation retreats.

At the Retreat Center, IMS held thirty-seven (37) residential retreats throughout 2023. One of these is our Three-Month Retreat.

The Forest Refuge offered residential retreats all 12 months of 2023, including four (4) themed month-long retreats.

IMS Online offered sixty-four (64) virtual programs which included four (4) separate monthly gatherings that repeat each month.

Financial Results of Operations

Operating Revenue

  • Retreat Programming: $3,954,500
  • Donation Contributions: $3,911,090
  • Sales: $1,634

Total operating revenue: $7,867,224

Operating Expenses

  • Retreat Programming: $7,609,413
  • Personnel: $720,095
  • Development & Outreach: $362,501

Total operating expenses: $8,692,009

Other Revenue

IMS is fortunate to have the support of an annual endowment drawdown, which allows us to offer retreats to all, without regard to financial limitation.

  • Investment Dividends & Interest: $543,480
  • Assets released from Endowment Funds to support operations: $701,004

Please direct any feedback to Executive Director Inger Forland at ingerf@dharma.org.