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The Epoch Times

Website:

www.theepochtimes.com
Location:

New York, NY
Tax ID:

22-3848589
Tax-Exempt Status:

501(c)(3)

Budget (2021):

Revenue: $121,545,102
Expenses: $96,333,350
Assets: $35,086,092
Type:

Newspaper
Formation:

2002
CFO:

Bill Guan
CFO's Salary (2022):

$0 from The Epoch Times, $85,200 from New Tang Dynast 14

References

  1. The Epoch Times Association Inc, Return of Organization Exempt from Income Tax (Form 990), 2022, Part VII, Section A, Line 1a.
Budget (2022):

Total Revenue: $127,999,557
Total Expenses: $127,585,898
Total Assets: $36,747,516 15

References

  1. The Epoch Times Association Inc, Return of Organization Exempt from Income Tax (Form 990), 2022, Part I & II

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The Epoch Times is a newspaper that was established in Atlanta, Georgia, in 2000 by Chinese-Americans affiliated with the Falun Gong religious movement. Originally published in the U.S. in the Chinese language, the Epoch Times has been a vocal opponent of the Chinese Communist Party (CCP), which has persecuted the Falun Gong in mainland China, and began publishing an English-language edition in 2003. The Epoch Times is now based in New York City. 6 DonorsTrust ($80,900 in 2022),  7 and the Sonoma County Community Foundation ($15,000 in 2022). 8

Financial Controversy

In June 2024, Bill (Weidong) Guan, the chief financial officer of the Epoch Times, was arrested for his alleged involvement in a money-laundering scheme over several years, involving more than $67 million. The federal prosecutors in the case alleged that this scheme was the catalyst for a recent and rapid rise in revenue at the Epoch Times. 12

Dana Cheng is a co-founder, senior editor of China news, and member of the board at the Epoch Times. 13

John Zhong Tang is a co-founder and former chief executive officer of the Epoch Times. Tang resigned from the Epoch Times, New Tang Dynasty Television, and their subsidiaries on June 7, 2024. 0){ let parent=divs[divs.length-1].parentNode; let footer=divs[divs.length-1]; delete divs[divs.length-1]; for (let i=2; i