Overview
What is Sangha Studio?
Sangha Studio is a nonprofit organization situated in Burlington, Vermont, specifically at 120 Pine Street. Their primary mission is to foster a empowered community through the shared practice of yoga. They offer a variety of programs and classes, including community yoga sessions and affinity classes, tailored to serve underrepresented demographics such as BIPOC individuals, the LGBTQIA2S+ community, people in larger bodies, and those with mobility challenges. Sangha Studio's programs extend beyond their physical location, reaching out to community organizations as well. They also provide membership scholarships for those in financial need and offer a yoga teacher training scholarship program for the same demographic. The organization operates with a donation-based model for their yoga classes and yoga service programs. With a team of 49 employees, Sangha Studio strives to make yoga accessible and inclusive for all.
Official website here: www.sanghastudio.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating
Sangha Studio has achieved a solid Three-Star rating from Charity Navigator, indicating a generally positive performance in accountability and finance. With a score of 73 in this category and a strong program expense ratio of 83.32%, the organization effectively directs a significant portion of its funds to its programs. Furthermore, the independent board structure is commendable, featuring 60% independent members and a compliance with guidelines on conflict of interest and transparency.
The organization excels in its cultural and community engagement, receiving a perfect score of 100 in this area. It demonstrates a robust commitment to stakeholder feedback, having perfect scores for both feedback collection and usage. Additionally, its practices and challenges are rated similarly high, reflecting a comprehensive approach to community involvement and responsiveness.
Despite these strengths, there is always room for growth, particularly in further enhancing financial accountability. While the organization has a favorable liabilities to assets ratio of 49.59%, ongoing monitoring and improvement in this area could bolster its financial stability in the long term. Overall, Sangha Studio presents a strong case for support with its effective governance and community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Sangha Studio legitimate?
Sangha Studio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sangha Studio submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $67,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,162
For more financial information, click here
Official website here: www.sanghastudio.org
What is the mission statement of Sangha Studio?
Sangha Studio's mission is centered around establishing a strong, empowered community through the shared practice of yoga. They achieve this by offering donations-based yoga classes and yoga service programs. The studio hosts community yoga programs and affinity classes, catering to various demographics, including BIPOC individuals, the LGBTQIA2S+ community, people in larger bodies, and those with mobility challenges. Moreover, Sangha Studio provides membership scholarship programs for individuals in financial need and offers yoga teacher training scholarships for the same demographic.
Official website here: www.sanghastudio.org
Who is the CEO of Sangha Studio?
Caitlin Pascucci is the Board Chair of Sangha Studio.
Official website here: www.sanghastudio.org
What is the revenue of Sangha Studio?
Sangha Studio's revenue in 2022 was $598,804.
Official website here: www.sanghastudio.org
Who are the executives of Sangha Studio and what are their salaries?
The average compensation at Sangha Studio during 2022 was $9,556. There are 49 employees at Sangha Studio.
Here are 6 key members and their salaries:
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Official website here: www.sanghastudio.org
Where can I find the form 990 for Sangha Studio?
Sangha Studio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanghastudio.org
Learn more at the official website: www.sanghastudio.org
Mission Statement of Sangha Studio
Sangha Studio, a nonprofit organization, is committed to building an empowered community through the shared practice of yoga. They achieve this by offering donations-based yoga classes and various yoga service programs. The primary focus of their activities is on serving diverse communities, including BIPOC individuals, the LGBTQIA2S+ community, people with large bodies, and those with mobility challenges.
Sangha Studio hosts community yoga programs and affinity classes, both at their studio locations and outside community organizations. These classes are available through various services, including in-person, hybrid, and virtual options. To ensure inclusivity, they offer membership scholarship programs for free or subsidized yoga memberships to individuals in financial need.
Moreover, Sangha Studio provides a yoga teacher training scholarship program targeting the same demographic. This initiative aims to empower individuals within these communities by equipping them with the skills to teach yoga and share the transformative benefits of the practice with others. By building an empowered community through yoga, Sangha Studio fosters personal growth, resilience, and a sense of unity among its participants.
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Impact
July, 2024
Sangha Studio's impact is centered around building an empowered community through shared yoga practice. By offering donations-based yoga classes and service programs, they provide accessible opportunities for individuals from diverse backgrounds, including BIPOC individuals, the LGBTQIA2S+ community, people in large bodies, and those with mobility challenges. Through community yoga programs, affinity classes, and membership scholarship programs, Sangha Studio aims to make the practice of yoga inclusive and financially accessible to those in need. Their mission is to create a space where all individuals can experience the benefits of yoga and foster a sense of empowerment and community.
This information is meant to be a general summary of Sangha Studio. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35
- Program Service Revenue: $585,329
- Gross Receipts: $598,804
Assets and Liabilities:
- Total Assets: $42,868
- Total Liabilities: $21,262
- Net Assets: $21,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YOGA SERVICE PROGRAMS
Revenue
$585,329
Organization Details
Founding Year
2015
Principal Officer
Caitlin Pascucci
Main Address
120 PINE STREET, BURLINGTON, VT, 05401
Website
www.sanghastudio.orgNTEE Category
Code: N20 - Recreation
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