Civic Intelligence

Levydance Inc.

990EZ • Fiscal year 2022 • EIN 30-0147677

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 04, 2023

101 S Topanga Canyon Blvd Unit 1402Los Angeles, CA 90290

(951) 638-0866

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.77x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

97th percentile

2.06x

Higher debt load relative to revenue than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

3rd percentile

-240%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$24,215

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 81.6% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

9th percentile

-54%

Faster asset growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-73%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$79,307

Down $94,936 (-54%) from 2021

Net Assets

Down

$18,287

Down $71,245 (-80%) from 2021

Liabilities

Down

$61,020

Down $23,691 (-28%) from 2021

Revenue

Down

$29,685

Down $79,007 (-73%) from 2021

Expenses

Down

$100,930

Down $110,939 (-52%) from 2021

Net Income

Up

-$71,245

Up $31,932 (+31%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2013: $207,029Liabilities 2013: $6,915Net Assets 2013: $200,1142013Assets 2014: $214,437Liabilities 2014: $31,697Net Assets 2014: $182,7402014Assets 2018: $323,686Liabilities 2018: $26,203Net Assets 2018: $297,4832018Assets 2019: $243,526Liabilities 2019: $32,125Net Assets 2019: $211,4012019Assets 2020: $240,438Liabilities 2020: $27,940Net Assets 2020: $212,4982020Assets 2021: $174,243Liabilities 2021: $84,711Net Assets 2021: $89,5322021Assets 2022: $79,307Liabilities 2022: $61,020Net Assets 2022: $18,2872022

Highlighted filing

2022

Assets$79,307
Liabilities$61,020
Net Assets$18,287

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2013: $264,4392013Revenue 2014: $303,137Expenses 2014: $320,511Net Income 2014: -$17,3742014Revenue 2018: $309,505Expenses 2018: $259,204Net Income 2018: $50,3012018Revenue 2019: $272,664Expenses 2019: $363,398Net Income 2019: -$90,7342019Revenue 2020: $235,968Expenses 2020: $230,111Net Income 2020: $5,8572020Revenue 2021: $108,692Expenses 2021: $211,869Net Income 2021: -$103,1772021Revenue 2022: $29,685Expenses 2022: $100,930Net Income 2022: -$71,2452022

Highlighted filing

2022

Revenue$29,685
Expenses$100,930
Net Income-$71,245
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 4, 2023
Return Version
2021v4.0
Gross Receipts
$29,685
Mission and Program Overview

Mission

LevyDance combines dance design theater and we investigate the use of emotions in new technology to produce multi-sensory theatrical art experiences that connect people to the arts

LEVYdance exists to ignite awareness of our shared human experience through the art of dance

Program Services

DescriptionGrantsExpenses
Beyond presenting its own artistic work LEVYdance supports and mentors emerging artists in its community space. Through subsided studio rental arts and administration mentorship and access to audience feedback LEVYdance supports the growth of emerging artists across many different disciplines$0$39,546
LEVYdance develops and conducts both free and ticketed events to highlight cutting-edge performance arts. With Covid restrictions during the 2021-2022 fiscal year the company was still able to present performances of RIFT to smaller audiences as well as in open publics spaces$0$18,020
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Garance MarneurExecutive Artistic DirectorFT$24,215-$24,215
Michaela CruzeCompany ArtistPT$401-$401
Keanu BradyCompany ArtistPT$401-$401
Filing and Contact Details

Filer

Filer Name
Levydance Inc
EIN
30-0147677
In Care Of
% Benjamin Levy
Address
101 S TOPANGA CANYON BLVD UNIT 1402, Los Angeles, CA 90290

Signing Officer

Name
Victoria Irwin
Title
President
Signed
2023-04-04
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

| Other Expenses:, Amount:| photography and promotion, $2550.00| Insurance, $4695.00| Office Supplies and Materials, $205.00| IT software and website, $3074.00| Travel and Parking, $323.00| Food And Beverage, $670.00| Production and Event Materials and Supplies, $215.00| Dues and Subscriptions- Northern California Grantmakers, $19471.00| Service fees Filing Fees, $873.00| Bank and Payroll fees, $323.00| Northern California Grantmakers Interest Expense, $946.00| Miscellaneous Expenditure, $35.00| Depreciation, $17802.00|

Part II, line 24

| Asset Name:, BOY Amount:, EOY Amount:| Accounts Receivables, $82000, $35809| Depreciation, $17817, 0| Other Assets, $499, 0| Prepaid Expenses, $4954, $43126|

Part II, line 26

| Liabilities Name:, BOY Amount:, EOY Amount:| Other liabilities, $4975, $35809| Mortgages or other loans payable, $79736, $25211|

Raw XML Appendix149 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Beyond presenting its own artistic work LEVYdance supports and mentors emerging artists in its community space. Through subsided studio rental arts and administration mentorship and access to audience feedback LEVYdance supports the growth of emerging artists across many different disciplines
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| photography and promotion, $2550.00| Insurance, $4695.00| Office Supplies and Materials, $205.00| IT software and website, $3074.00| Travel and Parking, $323.00| Food And Beverage, $670.00| Production and Event Materials and Supplies, $215.00| Dues and Subscriptions- Northern California Grantmakers, $19471.00| Service fees Filing Fees, $873.00| Bank and Payroll fees, $323.00| Northern California Grantmakers Interest Expense, $946.00| Miscellaneous Expenditure, $35.00| Depreciation, $17802.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Asset Name:, BOY Amount:, EOY Amount:| Accounts Receivables, $82000, $35809| Depreciation, $17817, 0| Other Assets, $499, 0| Prepaid Expenses, $4954, $43126|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Other liabilities, $4975, $35809| Mortgages or other loans payable, $79736, $25211|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReasonableCauseExplanation/ExplanationTxt0Our tax exempt organization was severely impacted by COVID 19. We were displaced from our location which was the only source of earned revenue for the company. Without being able to host performances and fundraisers the company lost all of its revenue forcing it to suddenly let go of all administrative staff. The Board of Directors did not have access to the company's financials or Quickbooks data until March 2023 after a long process to recover the account from Quickbooks. We have immediately began to prepare the filing. We request a full waiver of all penalties and fees associated with the late return as these circumstances were unforeseen and completely out of our control. We have filed previous returns on time or have been granted extensions in advance. We are now building the organization back up from zero and do not have the funds to pay the IRS a penalty and would need to close the organization permanently if the waiver is not granted. Thank you for your kind consideration.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Victoria Irwin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEVYDANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0LEVY
ReturnHeader/Filer/EIN0300147677
ReturnHeader/Filer/ForeignPhoneNum09516380866
ReturnHeader/Filer/InCareOfNm0% Benjamin Levy
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 S TOPANGA CANYON BLVD UNIT 1402
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090290
ReturnHeader/ReturnTs02023-04-04T07:21:27-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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