Ayurvedic Institute

Organization Overview

Ayurvedic Institute is located in Albuquerque, NM. The organization was established in 1986. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Ayurvedic Institute employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ayurvedic Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Ayurvedic Institute generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE AYURVEDIC INSTITUTE WAS ESTABLISHED TO TEACH AND TRAIN PEOPLE IN TRADITIONAL MEDICINE AND HEALING ARTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION: THE AYURVEDIC INSTITUTE WAS ESTABLISHED TO TEACH AND TRAIN PEOPLE IN TRADITIONAL MEDICINE AND THE HEALING ARTS. PROGRAMS WERE OFFERED TO APPROXIMATELY 1500 PEOPLE.


EDUCATIONAL SALES: MANY SUPPORTING EDUCATIONAL MATERIALS ARE USED IN OUR TEACHING PROGRAMS. THESE ARE ESSENTIAL TO THE LEARNING PROCESS AND INCLUDE BOOKS, TAPES AND HERBS.


MEMBERSHIP: MEMBERSHIP IN THE INSTITUTE ENTITLES MEMBERS TO RECEIVE OUR INFORMATIVE QUARTERLY JOURNAL WHICH CONTAINS EDUCATIONAL ARTICLES AND SCHOOL ACTIVITY INFORMATION. THE INSTITUTE HAS ABOUT 1000 MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Vasant Lad
President/chairman
$42,240
Michael Stone
Treasurer
$0
Sharon Scaltrito
Secretary
$0
Harish Raichada
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $50,000
All other contributions, gifts, grants, and similar amounts not included above$6,668
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$56,668
Total Program Service Revenue$2,439,377
Investment income $1,951
Tax Exempt Bond Proceeds $0
Royalties $16,885
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,514,881

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ayurvedic Institute has recieved totaling $20,000.

Awarding OrganizationAmount
Vanguard Charitable Endowment Program

Southeastern, PA

PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE

$20,000
View Grant Recipient Profile

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