INVERTIGO DANCE THEATRE (EIN 262085983) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

LAURA KARLIN

Phone

4242292141

Tax Period

2023-01-01 to 2023-12-31

INVERTIGO DANCE THEATRE, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $381K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $582K exceeded revenue, resulting in a 53% operating deficit.

Mission

INVERTIGO DANCE THEATRE CREATES THOUGHT-PROVOKING PERFORMANCES AND PROGRAMS THAT TELL COMPELLING STORIES, PROMOTE ARTISTIC AND PHYSICAL EMPOWERMENT, UTILIZE DIVERSITY IN COLLABORATION, AND ARE ACCESSIBLE TO COMMUNITIES THAT MIGHT NOT OTHERWISE FIND JOY IN DANCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $352,403

Program Service Revenue $28,106

Investment Income $0

Other Revenue $0

TOTAL REVENUE $380,509

Expense Breakdown

Grants Paid $261

Salaries & Benefits $451,208

Fundraising Expenses $67,316

Program Expenses $443,029

Other Expenses $130,293

TOTAL EXPENSES $581,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$380,509	$776,450	-0.5%
Expenses	$581,762	$416,459	+0.4%
Net Income	$-201,253	$359,991	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$89,812

Total Directors

$89,812

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA KARLIN	PRESIDENT/BOARD MEMBER	40.00	Officer Director	$88,865	$947	$89,812
CARLA SPARKS	BOARD MEMBER	2.00	Director	$0	$0	$0
FIONA KARLIN	BOARD MEMBER	6.00	Officer Director	$0	$0	$0
LINDA BERGHOFF	BOARD MEMBER	4.00	Director	$0	$0	$0
FRANCINE RINGOLD	BOARD MEMBER	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$380,509	$581,762	$324,947	$-201,253
2022	$776,450	$416,459	$570,254	$359,991
2021	$539,296	$501,672	$234,795	$37,624
2020	$537,336	$491,925	$273,366	$45,411
2019	$425,534	$428,489	$116,632	$-2,955
2018	$321,632	$310,262	$120,658	$11,370

INVERTIGO DANCE THEATRE