Civic Intelligence

Inversion Ensemble Inc.

990EZ • Fiscal year 2023 • EIN 85-4314611

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 22, 2023

PO Box 200683Austin, TX 78720

(512) 910-7203

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

49th percentile

2.4%

Higher net margin than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$1,800

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

94th percentile

156%

Faster asset growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,765

Up $1,686 (+156%) from 2022

Net Assets

Up

$2,765

Up $1,686 (+156%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$71,478

Down $25,340 (-26%) from 2022

Expenses

Down

$69,792

Down $26,910 (-28%) from 2022

Net Income

Up

$1,686

Up $1,570 (+1353%) from 2022

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0Assets 2022: $1,079Liabilities 2022: $0Net Assets 2022: $1,0792022Assets 2023: $2,765Liabilities 2023: $0Net Assets 2023: $2,7652023Assets 2024: $8,189Liabilities 2024: $250Net Assets 2024: $7,9392024Assets 2025: $5,627Liabilities 2025: $0Net Assets 2025: $5,6272025

Highlighted filing

2023

Assets$2,765
Liabilities$0
Net Assets$2,765

Operations Trend

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

$100K$50K$0-$50KRevenue 2022: $96,818Expenses 2022: $96,702Net Income 2022: $1162022Revenue 2023: $71,478Expenses 2023: $69,792Net Income 2023: $1,6862023Revenue 2024: $89,635Expenses 2024: $84,212Net Income 2024: $5,4232024Revenue 2025: $74,904Expenses 2025: $76,966Net Income 2025: -$2,0622025

Highlighted filing

2023

Revenue$71,478
Expenses$69,792
Net Income$1,686
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 22, 2023
Return Version
2022v5.0
Gross Receipts
$71,478
Mission and Program Overview

Mission

Commissioning and performing new choral music

Program Services

DescriptionGrantsExpenses
"Helios," a concert of choral music inspired by the mythology and science of the planets with a libretto of ancient and contemporary poetry, presented on June 3-4, 2023, in the KMFA Draylen Mason Studio, Austin, TX$0$17,053
"Planet Home," a multimedia collaboration of choral music, the sounds of nature, and images of the natural world that celebrate the beauty of planet Earth, presented on February 25-26, 2023, at The Rosette, Austin, TX$0$11,744
"The Electric Choir," a concert of new choral works accompanied by electronic tracks and instruments, presented on October 22, 2022, in the KMFA Draylen Mason Studio, Austin, TX$0$9,130
Origins, a concert of new choral music inspired by our collective human history, presented by Da Capo on January 21, 2023, at Westminster Presbyterian Church, Austin, TX$0$7,974
"Star Stuff," a concert of new choral music inspiring exploration and a sense of wonder, presented by Nova on June 11, 2023, at Austin Public Library Special Events Center, Austin, TX$0$4,963
"Raise a Glass," a concert of reimagined drinking songs, presented by Coda on August 5, 2022, at Saengerrunde Hall, Austin, TX$0$4,135
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Trevor ShawArtistic DirectorPT$1,800-$1,800
Katrina SaporsantosAdministrative DirectorPT$1,800-$1,800
Kim VitrayPresident-$0--
Lissa AndersonSecretary-$0--
Cathie ParsleyTreasurer-$0--
Jonathan RiemerDirector-$0--
Ann WilsonDirector-$0--
Meredith MorrowDirector-$0--
Filing and Contact Details

Filer

Filer Name
Inversion Ensemble Inc
EIN
85-4314611
Phone
5129107203
Address
PO Box 200683, Austin, TX 78720

Signing Officer

Name
Kim Vitray
Title
President, Board of Directors
Phone
5126588587
Signed
2023-10-22
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Marketing = $4,994; Production = $15,683; Administrative/General = $6,686

Raw XML Appendix201 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/DescriptionProgramSrvcAccomTxt5"Raise a Glass," a concert of reimagined drinking songs, presented by Coda on August 5, 2022, at Saengerrunde Hall, Austin, TX
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Marketing = $4,994; Production = $15,683; Administrative/General = $6,686
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
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ReturnHeader/BusinessOfficerGrp/PhoneNum05126588587
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-22
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ReturnHeader/Filer/BusinessNameControlTxt0INVE
ReturnHeader/Filer/EIN0854314611
ReturnHeader/Filer/PhoneNum05129107203
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ReturnHeader/ReturnTs02024-05-15T15:09:56-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kim
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Vitray
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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Filings