The Long Island City Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 456,455 | 562,163 | −105,708 | 6.3 | 73% |
| 2012 | 562,317 | 562,719 | −402 | 6.3 | 71% |
| 2013 | 502,494 | 563,553 | −61,059 | 4.8 | 62% |
| 2014 | 782,701 | 781,906 | 795 | 3.5 | 62% |
| 2015 | 1,211,659 | 1,010,198 | 201,461 | 5.1 | 54% |
| 2016 | 1,393,641 | 1,274,498 | 119,143 | 5.1 | 52% |
| 2017 | 1,590,873 | 1,241,995 | 348,878 | 8.6 | 65% |
| 2018 | 1,714,409 | 1,836,026 | −121,617 | 5.1 | 52% |
| 2019 | 1,952,766 | 1,919,147 | 33,619 | 5.0 | 57% |
| 2020 | 1,589,410 | 1,442,169 | 147,241 | 7.9 | 66% |
| 2021 | 1,565,645 | 1,725,829 | −160,184 | 5.9 | 57% |
| 2022 | 1,584,511 | 1,467,153 | 117,358 | 8.0 | 64% |
| 2023 | 1,523,233 | 1,645,239 | −122,006 | 6.2 | 60% |
In its most recent public year (2023), this organization spent $122,006 more than it brought in. Its reserves stood at about 6.2 months of spending. Staff pay was 60% of spending.
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
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