Navarasa Dance Theater Inc

Analysis

Navarasa Dance Theater Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Navarasa Dance Theater Inc reported income of $114k and spending of $128k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $114k (-14%), an average of -14% a year. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Navarasa Dance Theater Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Schenectady Civic Players Inc ($114k), An Occassion for the Arts Inc ($114k) and Revels North Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.