VELOCITY DANCE CENTER

SEATTLE, WA, 98102-3203 (206) 325-8773 Est. 1996 EIN 91-2030037

A6E - Performing Arts Schools 990 - Public charity return 501(c)(3)

Mission

Velocity advances contemporary dance and movement-based art by fostering the creative explorations of artists and audiences.

Total Revenue

$928,127

Total Expenses

$957,137

Net Assets

$440,542

5 employees 72 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

5.5 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 35.3%

Expenses ↑ 46.2%

Revenue Sources

Contributions 82.3% Earned revenue 15.5% Investment 1.0% Other 1.0%

Expense Breakdown

Program 91.3% Management 5.3% Fundraising 3.4%

Individual compensation is available on Grow plans.

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$928,127 ↑	$957,137	$440,542
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$685,999 ↑	$654,666	$469,552
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$620,889 ↑	$413,294	$438,112
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$506,879 ↑	$235,660	$230,517
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$345,421 ↓	$482,592	$-40,702
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$631,183 ↑	$707,583	$96,469
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$563,755	$699,939	$172,869