Yoga Alliance and Yoga Alliance Registry have released their 2012 financials by posting them on this website. Combined revenue for the organizations in 2012 was approximately $3.37 million, which represents a four percent increase over the $3.25 million generated in 2011. They ended the year with a surplus of $1,053,595, which was up from $78,806 in 2011.
According to the financial statements, the not-for-profit organizations also had approximately $3 million in total assets as of Dec. 31, 2012, including almost $2.4 million in cash and short-term investments.
"In financial terms, Yoga Alliance had an extraordinarily successful year in 2012," said President and CEO Richard Karpel, who joined Yoga Alliance in July. "Now it's time to convert that financial success into programs, services and benefits for yoga teachers, schools and studios, which we are working hard to do."
Since January of 2013, Yoga Alliance has launched several new programs for its members, including a liability insurance plan for yoga teachers and studios, along with a series of online workshops. And to preserve the teaching and practice of yoga across the U.S., Yoga Alliance recently stepped in to support the defense in the case of Sedlock v Baird in Encinitas, Calif., which is attempting to shut down a yoga program in schools.
Regarding its financials, which are posted on the website as PDFs, Yoga Alliance staff would be happy to answer questions from members. Questions about the financials should be sent to info(at)yogaalliance.org, with the subject line “Financials.”
Yoga Alliance Registry, a 501(c)(3) tax-exempt organization founded in 1999, sets standards for the training of yoga teachers, and operates a registry of yoga schools and teachers who follow those standards. Yoga Alliance, a 501(c)(6) nonprofit association incorporated in 2011, is Yoga Alliance Registry’s sister membership organization.