Diavolo Dance Theatre

Analysis

Diavolo Dance Theatre is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 1996, 30 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, Diavolo Dance Theatre reported income of $997k and spending of $995k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $997k (-20%), an average of -7.1% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Diavolo Dance Theatre sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Turnip Green Creative Reuse ($997k), Amas Musical Theatre Inc ($997k) and Smarthistory Inc ($997k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $202k (20% of expenses). Other salaries and wages came to $57k. At year end it held assets of $769k against liabilities of $339k, net assets of $430k. It reported 7 employees.