Invertigo Dance Theatre

Analysis

Invertigo Dance Theatre is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in August 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Invertigo Dance Theatre reported income of $381k and spending of $582k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $381k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Invertigo Dance Theatre sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include International Psychoanalytical Association Fund Delaware ($380k), East Wake Television ($381k) and Buffalo Heritage Carousel Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $90k (15% of expenses). Other salaries and wages came to $285k. At year end it held assets of $325k against liabilities of $40k, net assets of $285k. It reported 32 employees.