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EIN 85-0325587

The Ayurvedic Institute

IRS 501(c) type
501(c)(3)
Num. employees
52
City
Asheville
State
North Carolina
Year formed
1984
Most recent tax filings
2023-06-01
NTEE code, primary
B50: Graduate, Professional Schools
Description
The Ayurvedic Institute was established to teach and train people in traditional medicine and the healing arts. Its mission is to educate individuals in these areas. Members of The Institute, which has about 1000 members, receive a quarterly journal with educational articles and school activity information. Programs were offered to approximately 1500 people for tuition.
Total revenues
$3,038,895
2023
Total expenses
$2,542,765
2023
Total assets
$6,240,684
2023
Num. employees
52
2023

Program areas at The Ayurvedic Institute

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.
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.
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.

Personnel at The Ayurvedic Institute

NameTitleCompensation
Sneha RaichadaDirector of Operations - Dean of Education; Campus Director
Vasant Lad, MAScAyurvedic Physician and Executive Director
Vasant LadPresident$275,000
Michael StoneTreasurer$0
Sharon ScaltritoSecretary$0
...and 1 more key personnel

Financials for The Ayurvedic Institute

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,766
Program services$1,477,981
Investment income and dividends$8,517
Tax-exempt bond proceeds$0
Royalty revenue$22,462
Net rental income$51,905
Net gain from sale of non-inventory assets$1,091,624
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$376,047
Miscellaneous revenues$1,593
Total revenues$3,038,895

Form 990s for The Ayurvedic Institute

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-16990View PDF
2022-062023-05-15990View PDF
2021-062022-05-12990View PDF
2020-062021-05-05990View PDF
2019-062020-09-29990View PDF
...and 9 more Form 990s
Data update history
March 27, 2024
Updated personnel
Identified 2 new personnel
March 22, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
MembershipsTax deductible donationsAccepts online donations
General information
Address
62 Orange St
Asheville, NC 28801
Metro area
Asheville, NC
County
Buncombe County, NC
Website URL
ayurveda.com/ 
Phone
(505) 291-9698
Facebook page
TheAyurvedicInstitute 
Twitter profile
@ayurvedicinst 
IRS details
EIN
85-0325587
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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