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Filing year 2023

INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC

Louisville, Colorado·EIN 84-1337452·NTEE B20P · Education·501(c)(3)
Total revenue
$672k
Total assets
$528k
Total expenses
$760k
Reported officers
7
Mission

The Institute of Taoist Education and Acupuncture, Inc. (ITEA) is dedicated to excellence in the teaching of pure Classical Five-Element Acupuncture (CF-EA), as taught by J.R. and J.B. Worsley. The school is committed to producing graduates who have a deep understanding and respect for the integrity of the human body, mind, and spirit as it exists within nature, and who have developed the inner qualities needed to be effective healers. The Institute is further committed to serving the public at the highest levels of competence and knowledge of CF-EA, through inspiring its graduates to educate the public and to teach future students.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Colorado.

Visionary
Officer (Unspecified)
$65k
$71k
President
25th percentile to median
$65k
$71k
Treasurer
Officer (Unspecified)
$56k
$61k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $65k in 2022 to $65k in 2023.

$65k
2022
$65k
2023
In today's dollarsEst.
Down 4% in real terms$74k to $71k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 7%.

$65k in 2022 to $65k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC

What does the Chief Executive Officer of INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC earn?

In 2023, the Chief Executive Officer of INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC received $65,231 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Colorado, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC compare with similar nonprofits?

Compared with the same role at Education organizations in Colorado, the 2023 pay of the Chief Executive Officer at INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC falls between the 25th percentile and the median. In 2023, the highest total compensation at INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC's revenue and expenses?

In 2023, INSTITUTE OF TAOIST EDUCATION AND ACCUPUNCTURE INC reported $672k in total revenue and $760k in total expenses on its IRS Form 990.

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