This presentation applies ideas of psychologist Carl Jung to examine the internal structure of Bharatanatyam, an Indian Classical dance form. Taking inspiration from Acrobats of the Gods: Dance and Transformation by Joan Dexter Blackmer and from the presenter’s training in Bharatanatyam, the presentation relates Jung’s analysis of alchemy as a psychological process and relates it to the spiritual practice that is Indian Classical dance. Alchemy as a spiritual process involves the integration of matter and spirit, which is evident in the practice of sacred dance. The presentation cross-examines the traditional stages of the alchemical process with the stages of learning the repertoire in Bharatnatyam. The traditional repertoire of a performance, called the margam, is shown to contain a deep psychological structure, which is mirrored by the stages within alchemy. The performance of Bharatnatyam becomes not just a theatrical experience but a spiritual system helpful in the process of individuation.