Relax. Revitalize. Recenter

aka TCF   |   New York, NY   |
GuideStar Charity Check


EIN: 13-3016452


The Tai Chi Foundation's mission is to improve health, well-being, and awareness through the study, practice, and teaching of tai chi and qigong, by an increasing number of people worldwide.

Ruling year info



Ms. Vanessa M. Costigan

Main address

PO Box 575

New York, NY 10018 USA

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Subject area info

Arts and culture

Sororities and fraternities

Business and industry

Population served info


NTEE code info

Arts, Cultural Organizations - Multipurpose (A20)

Professional Societies, Associations (Y03)

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Tai Chi Training & Education

The Tai Chi Foundation (TCF) conducts online and in-person classes in tai chi chuan from the beginning level to senior teacher level.

Population(s) Served

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time


Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990


Average of 3.63 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990


Average of 10.3 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990


Average of 0% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990


Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data


Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data


Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of T AI CHI FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

* This organization changed its fiscal year accounting period in 2018. Please refer to its 2018 990s for more information.

Business model indicators

Profitability info 2018 * 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $3,844 $20,513 $46,174 $0 -$37,542
As % of expenses 2.4% 9.4% 31.4% 0.0% -18.5%
Unrestricted surplus (deficit) after depreciation $3,844 $20,513 $46,174 $0 -$37,542
As % of expenses 2.4% 9.4% 31.4% 0.0% -18.5%
Revenue composition info
Total revenue (unrestricted & restricted) $186,994 $237,893 $193,392 $0 $164,798
Total revenue, % change over prior year 0.0% 27.2% -18.7% 0.0% 0.0%
Program services revenue 81.0% 74.6% 55.7% 0.0% 60.2%
Membership dues 6.3% 8.4% 17.1% 0.0% 16.8%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 8.7% 6.7% 20.7% 0.0% 12.5%
Other revenue 4.1% 10.2% 6.6% 0.0% 10.5%
Expense composition info
Total expenses before depreciation $161,007 $217,378 $147,220 $0 $202,741
Total expenses, % change over prior year 0.0% 35.0% -32.3% -100.0% 0.0%
Personnel 42.1% 18.1% 30.5% 0.0% 23.3%
Professional fees 2.7% 21.7% 35.7% 0.0% 27.0%
Occupancy 41.4% 36.5% 3.4% 0.0% 12.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 2.0% 1.7% 2.8% 0.0% 1.3%
All other expenses 11.9% 22.0% 27.6% 0.0% 36.1%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $161,007 $217,378 $147,220 $0 $202,741
One month of savings $13,417 $18,115 $12,268 $0 $16,895
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $174,424 $235,493 $159,488 $0 $219,636

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 6.6 7.6 14.2 0.0 10.2
Months of cash and investments 6.6 7.6 14.2 0.0 10.2
Months of estimated liquid unrestricted net assets 10.8 8.7 16.6 0.0 11.4
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $88,991 $137,156 $174,486 $0 $172,885
Investments $0 $0 $0 $0 $0
Receivables $12,786 $3,653 $851 $0 $1,020
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 1.9% 16.2% 10.4% 0.0% 10.8%
Unrestricted net assets $145,544 $156,981 $203,155 $0 $193,083
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $145,544 $156,981 $203,155 $0 $193,083

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization


Ms. Vanessa M. Costigan

Vanessa has been practicing tai chi since 2007 and became an apprentice in 2010. She resides in Dublin, Ireland, and manages a retail store. She is also a Five Element acupuncturist.

Number of employees

Source: IRS Form 990


Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.


Board of directors
as of 02/20/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Mike Barkham

Mike Barkham

Steve Shulman

Musician and Tai Chi Teacher

Anne Smyers

Anna Teeples

Charlotte Booth

Oliver Hertzfeld


Jesse Leinfelder

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 1/31/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Gender identity
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data


No data

Equity strategies

Last updated: 11/19/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.