Levydance Inc

Analysis

Levydance Inc is a registered charity in United States, based in Topanga, CA. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Levydance Inc reported income of $58k and spending of $40k, leaving 31% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $273k to $58k (-79%), an average of -40% a year. The sharpest change came in the year to June 2023, when income rose by 97%. Over the whole period it spent 153% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Levydance Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Indian Creek Band Boosters Inc ($58k), Fred T Foard Music Boosters Inc ($58k) and Nite Lite Theatre Inc ($58k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.