Downtown Manhattan Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 515,675 | 514,936 | 739 | 7.8 | 52% |
| 2012 | 682,060 | 665,238 | 16,822 | 6.3 | 55% |
| 2013 | 594,015 | 573,622 | 20,393 | 7.7 | 44% |
| 2014 | 458,726 | 317,211 | 141,515 | 19.4 | 23% |
| 2015 | 461,202 | 402,019 | 59,183 | 17.0 | 34% |
| 2016 | 461,873 | 557,221 | −95,348 | 10.2 | 24% |
| 2017 | 538,764 | 624,562 | −85,798 | 7.5 | 25% |
| 2018 | 591,777 | 749,055 | −157,278 | 3.7 | 26% |
| 2019 | 583,721 | 814,887 | −231,166 | 0.0 | 26% |
| 2020 | 608,927 | 809,231 | −200,304 | -2.9 | 31% |
| 2021 | 782,539 | 873,313 | −90,774 | -4.0 | 31% |
| 2022 | 855,851 | 856,559 | −708 | -4.1 | 32% |
| 2023 | 867,279 | 930,742 | −63,463 | -4.6 | 30% |
In its most recent public year (2023), this organization spent $63,463 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.6 months), down from 7.8 in 2011. Staff pay was 30% 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
Downtown Manhattan Community Development Corporation'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