Washington · Nonprofit
THE RESIDENCY
THE RESIDENCY (Washington) receives grants from 19 organizations whose IRS filings report $1,887,134 to it, the largest being SEATTLE FOUNDATION ($1,129,694). 10 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.1M
- Funders on record
- 19
- Grants received
- $1.9M
- Net assets
- $917k
What The Residency does
Mission
The Residency seeks to build a powerful community of young hip-hop artists equipped with the artistic and leadership skills, business acumen, and mentorship necessary to become professional artists and cultural change makers. Through their participation in The Residency, young artists from low-income families acquire tangible artistic and professional skills while also gaining confidence, teamwork, and a deepened understanding of their own identity and power.
As stated on its FY2024 Form 990.
Programs
Month long intensive workshop where up to 45 young people (ages 16-24) participate in either a vocal or production track. During the intensive, youth write original songs, record in a professional studio and perform in front of hundreds of people at a premiere seattle venue. In addition to making, recording and performing their music, the youth participate in a number of engaging panel discussions with leaders in the northwest creative community. The Residency exists to break down barriers to equitable arts learning. We continue to center black, indigenous, & p.o.c identifying young artists from low-income families to help acquire tangible artistic and professional skills while also gaining confidence, teamwork, and a deepened understanding of their own identity and power. In an effort to address financial difficulties and to honor their work as artists, youth participants receive stipends at the completion of The Residency. Further, participants receive subsidized transportation and meals throughout The Residency to minimize potential challenges to full participation in the program.
$146,377 spentof which $21,180 as grants58% of program spendingThe year-round program includes participating in performances in front of hundreds of people at a premiere seattle venue and a number of engaging panel discussions with leaders in the northwest creative community.
$105,214 spent$38,200 earned by the program42% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $251,591.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $357k to $940k (+163%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 15% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.
98% of THE RESIDENCY’s revenue is contributions — more reliant on donations than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base broadened from 2 funders to 11 funders, grant income rose $83k → $343k.
7 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 70% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE RESIDENCY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE RESIDENCY leans on a few funders — its largest provides 60% of grant income and the top three 75%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE RESIDENCY.
Largest funder’s share by year: 2020 52% · 2021 40% · 2022 32% · 2023 30% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of THE RESIDENCY's funders are still giving 2 years after their first grant; 53% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
70% of THE RESIDENCY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $574k that is directly attributable, 69% of it comes from funders outside Washington, across 7 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE RESIDENCY runs a healthier operating margin than three-quarters of the 5,136 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024
Government funding THE RESIDENCY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $95k on record.
- National Endowment for the Arts$95k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE RESIDENCY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE RESIDENCY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE RESIDENCY?
- THE RESIDENCY (Washington) receives grants from 19 organizations whose IRS filings report $1,887,134 to it, the largest being SEATTLE FOUNDATION ($1,129,694). 10 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE RESIDENCY have?
- IRS filings report 19 organizations giving $1,887,134 in grants to THE RESIDENCY, 10 of which have funded it in more than one year.
- Who is the largest funder of THE RESIDENCY?
- SEATTLE FOUNDATION is the largest funder on record, with $1,129,694 in grants. The full list of funders is on this page.
- How can an organization like THE RESIDENCY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Residency →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing