TL Tango Lovers Organization Inc

Analysis

TL Tango Lovers Organization Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2012, 14 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, TL Tango Lovers Organization Inc reported income of $223k and spending of $223k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $375k to $223k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, TL Tango Lovers Organization Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Middlebury Community TV ($223k), Rhizome DC ($224k) and Island County Historical Society ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $38k (17% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.