Seattle Dance Project

Nonprofit profile at a glance

EIN
208932421
IRS 990-EZ coverage
2009–2012
Forms available
Form 990-EZ 2012
Location
Seattle, WA, USA
Phone
2063210407
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$83,839
Expenses
$71,611
Assets
$24,642

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

6 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

MissionThe Seattle Dance Project is a dance company that seeks to highlight the artistry, professional maturity, and technical prowess of its dancers and choreographers. We do so by providing exciting dance experiences for our audience. We also create unique learning and participating dance events for the Seattle community.Vision Seattle Dance Project gives its artists a real sense of place where they can create a level of artistic accomplishment that would not otherwise be available to them in Seattle. We are interested in nurturing the next generation of artists and dance audiences, alike.

What it reported doing in 2012

In the October 2012 Seattle Dance Project was invited to be a part of the city of Seattle's month long Arts Festival called Arts Crush. Seattle Dance Project performed works from their existing repertoire and also incorporated a student performance from their arts integrated dance residencies that they conduct in the Shoreline School District. Project 6 was held at ACT Theater in March and highlighted the choreography of Jason Ohlberg. During the run we held a student matinee for 200 elementary school students from the Shoreline School District. In June the company held its Adult Dance Immersion at the Dance Fremont Studios and expanded its technique classes to include composition and informative lectures on stretching and how to take care of the aging body.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 100
  • Sustainability: 41
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.1%; rating input score 66
  • Program expense ratio: 77.4%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 14.6%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -25.9% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -10.2% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 15.2% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 66.1% of revenue deployed · 77.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $55K in reported program spending
  • Leadership: top reported pay $18K · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2009 to 2012
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.