Totals
- Total revenue
- $620,889
- Total expenses
- $413,294
- Contributions and grants received
- $527,680
- Grants paid
- $16,700
- Program service revenue
- $90,561
- Investment income
- -$243
- Other revenue
- $2,891
- Total assets, end of year
- $444,424
- Total liabilities, end of year
- $6,312
- Net assets or fund balances, end of year
- $438,112
- Program services expenses (Part IX)
- $329,199
- Management and general expenses
- $58,707
- Fundraising expenses
- $25,388
- Program service expenses (Part III)
- $329,199
Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$4,655
-
1c · Fundraising events
$28,182
-
1e · Government grants (contributions)
$213,561
-
1f · All other contributions, gifts and grants
$281,282
-
1g · Noncash contributions included above
$15,085
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $90,561 · related or exempt $90,561
-
3 · Investment income
total $344 · excluded $344
-
7b · Less cost or other basis and sales expenses
securities $587
-
7c · Gain or loss
securities -$587
-
7d · Net gain or loss
total -$587 · excluded -$587
-
8a · Fundraising events: gross income
$6,905
-
8a · Fundraising events: contributions included on line 1c
$28,182
-
8b · Fundraising events: direct expenses
$7,987
-
8c · Net income from fundraising events
total -$1,082 · excluded -$1,082
-
10a · Gross sales of inventory
$3,973
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $3,973 · excluded $3,973
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $16,700 · program services $16,700
-
5 · Compensation of officers, directors and key employees
total $39,352 · program services $25,442 · management and general $7,095 · fundraising $6,815
-
7 · Other salaries and wages
total $91,057 · program services $53,347 · management and general $27,788 · fundraising $9,922
-
9 · Other employee benefits
total $21,270 · program services $15,952 · management and general $2,659 · fundraising $2,659
-
10 · Payroll taxes
total $13,758 · program services $8,303 · management and general $3,680 · fundraising $1,775
-
11c · Fees: accounting
total $11,367 · program services $8,525 · management and general $1,421 · fundraising $1,421
-
11g · Fees: other
total $113,530 · program services $112,872 · management and general $658
-
12 · Advertising and promotion
total $3,559 · program services $3,559
-
13 · Office expenses
total $8,057 · program services $4,708 · management and general $2,485 · fundraising $864
-
14 · Information technology
total $13,440 · program services $9,500 · management and general $3,302 · fundraising $638
-
16 · Occupancy
total $42,495 · program services $38,600 · management and general $3,895
-
17 · Travel
total $13,795 · program services $13,771 · management and general $24
-
20 · Interest
total $466 · management and general $466
-
22 · Depreciation, depletion and amortization
total $1,160 · program services $870 · management and general $145 · fundraising $145
-
23 · Insurance
total $2,937 · program services $2,203 · management and general $367 · fundraising $367
-
24a · Other expenses: SUPPLIES
total $9,514 · program services $9,127 · management and general $345 · fundraising $42
-
24b · Other expenses: BANK & MERCHANT SERVICE
total $8,644 · program services $3,896 · management and general $4,160 · fundraising $588
-
24c · Other expenses: EXCISE TAXES
total $1,218 · program services $914 · management and general $152 · fundraising $152
-
24e · All other expenses
total $975 · program services $910 · management and general $65
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $256,100 · end of year $426,171
-
2 · Savings and temporary cash investments
beginning of year $2,442 · end of year $2,442
-
3 · Pledges and grants receivable
beginning of year $394 · end of year $5,360
-
4 · Accounts receivable
beginning of year $3,784 · end of year $200
-
9 · Prepaid expenses and deferred charges
end of year $3,471
-
10a · Land, buildings and equipment: cost or other basis
$40,191
-
10b · Land, buildings and equipment: accumulated depreciation
$39,761
-
10c · Land, buildings and equipment, net
beginning of year $1,590 · end of year $430
-
15 · Other assets
beginning of year $0 · end of year $6,350
-
17 · Accounts payable and accrued expenses
beginning of year $5,563 · end of year $6,312
-
24 · Unsecured notes and loans payable
beginning of year $28,230
-
27 · Net assets without donor restrictions
beginning of year $163,593 · end of year $221,312
-
28 · Net assets with donor restrictions
beginning of year $66,924 · end of year $216,800
Mission and programs · 2022
Mission
VELOCITY ADVANCES CONTEMPORARY DANCE AND MOVEMENT-BASED ART BY FOSTERING THE CREATIVE EXPLORATIONS OF ARTISTS AND AUDIENCES.
Activities or mission (Part I)
VELOCITY IS SEATTLE'S CENTER DEDICATED TO CONTEMPORARY DANCE. EVERYDAY WE SUPPORT AND ADVANCE ARTISTS AND EMERGING IDEAS THROUGH COMMISSIONING, PRESENTING, RESIDENCIES, CREATIVE EXCHANGE AND ACCESS TO SPACE, FUNDING, SCHOLARSHIPS, EMPLOYMENT AND TOURING OPPORTUNITIES. WE PROVIDE QUALITY MOVEMENT EDUCATION TO DANCERS FROM BEGINNERS TO PROFESSIONAL, IN A BROAD RANGE OF MOVEMENT STYLES. WE PRODUCE PROGRAMS THAT INTRODUCE AUDIENCES TO A WIDE SPECTRUM OF CONTEMPORARY DANCE PRACTICES AND AESTHETICS AND BRING TOGETHER REGIONAL TALENT AND WORLD CLASS INNOVATORS. WE PROVIDE OUTREACH AND HUMANITIES PROGRAMS THAT ENGAGE MINDS AND INSPIRE PARTICIPATION, WHILE PROMOTING CROSS-DISCIPLINARY DIALOG AND MEANINGFUL LINKS BETWEEN ARTISTS AND THE COMMUNITY.
-
EDUCATION: VELOCITY'S EDUCATION PROGRAMS INCLUDE WORKSHOPS, CLASSES, AND THE SEATTLE FESTIVAL OF DANCE + IMPROVISATION. IN 2022, VELOCITY EMPLOYED A TOTAL OF 66 TEACHING ARTISTS AND OFFERED EDUCATION PROGRAMS TO OVER 1500 PARTICIPANTS. SFD+I, THE YEARLY EDUCATIONAL FESTIVAL, REPRESENTED THE BULK OF THESE CLASSES WITH 86 CLASSES AND INTENSIVE OFFERINGS. VELOCITY ALSO PROVIDED $16,700 IN PARTIAL AND FULL TUITION SCHOLARSHIPS FOR PARTICIPANTS DURING THE FESTIVAL.
Expenses $165,789 · Grants $16,700 · Revenue $57,080
-
RESIDENCY PROGRAMS: VELOCITY'S RESIDENCIES SUPPORTED 34 ARTISTS THROUGH FIVE DIFFERENT PROGRAMS: MADE IN SEATTLE, THE BRIDGE PROJECT, CREATIVE RESIDENCIES, CURATING ARTIST IN RESIDENCE, AND EMERGE QTBIPOC RESIDENCY COHORT. THESE PROGRAMS PROVIDED FUNDING, SPACE, MENTORSHIP, AND OTHER RESOURCES TO ARTISTS AT DIFFERENT STAGES IN THEIR CAREERS TO HELP THEM DURING THE CRITICAL AND OFTEN UNDER-RESOURCED TIME OF PROCESS AND DEVELOPMENT.
Expenses $89,862 · Revenue $21,691
-
PERFORMANCE: IN 2022, VELOCITY PRESENTED 201 ARTISTS AND HOSTED 287 LIVE AND VIRTUAL PERFORMANCES AND EVENTS. VELOCITY'S PERFORMANCES INCLUDE THE OUTPUT OF RESIDENCY PROGRAMS AS WELL AS THE AMPLIFICATION OF LOCAL ARTISTS' WORK THROUGH CO-PRESENTING OR INVITING ARTISTS FROM OTHER COMMUNITIES.
Expenses $73,548 · Revenue $11,790
As filed on the 2022 return.
Listed in Part VII
-
COLLEEN BORST
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
ELIZABETH BELLO
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
URVI NARANG
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
CAMERON COLLINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
JARMAN HAUSER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
ERIN JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $44,381
- From this org
- $39,352
- From related orgs
- $0
- Other
- $5,029
- Hours/week
- 30
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322339349300897
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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