Velodrome Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 747,853 | 513,135 | 234,718 | 31.5 | 43% |
| 2012 | 730,696 | 561,540 | 169,156 | 34.1 | 42% |
| 2013 | 791,288 | 659,751 | 131,537 | 33.6 | 34% |
| 2014 | 838,717 | 720,541 | 118,176 | 32.9 | 16% |
| 2015 | 808,885 | 657,289 | 151,596 | 37.7 | 12% |
| 2016 | 833,606 | 775,056 | 58,550 | 33.6 | 16% |
| 2017 | 804,764 | 766,224 | 38,540 | 37.2 | 15% |
| 2018 | 649,509 | 1,130,543 | −481,034 | 18.7 | 14% |
| 2019 | 673,621 | 842,538 | −168,917 | 25.7 | 19% |
| 2020 | 764,416 | 993,440 | −229,024 | 20.6 | 16% |
| 2021 | 936,928 | 935,151 | 1,777 | 23.4 | 18% |
| 2022 | 771,660 | 801,190 | −29,530 | 22.8 | 21% |
| 2023 | 656,499 | 933,936 | −277,437 | 18.0 | 24% |
In its most recent public year (2023), this organization spent $277,437 more than it brought in. Its reserves stood at about 18 months of spending, down from 31.5 in 2011. Staff pay was 24% of spending. $1,082,281 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Velodrome Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works