Sheet Metal Industry Promotion Fund Of New York City
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,218,913 | 1,160,519 | 58,394 | 7.5 | 29% |
| 2012 | 1,406,560 | 1,126,394 | 280,166 | 10.7 | 16% |
| 2013 | 1,380,085 | 1,146,114 | 233,971 | 13.0 | 16% |
| 2014 | 1,501,531 | 1,236,028 | 265,503 | 14.6 | 11% |
| 2015 | 1,354,852 | 1,261,985 | 92,867 | 15.2 | 21% |
| 2016 | 1,463,304 | 1,264,348 | 198,956 | 17.0 | 19% |
| 2017 | 1,479,514 | 1,233,220 | 246,294 | 19.9 | 13% |
| 2018 | 1,735,590 | 1,355,469 | 380,121 | 21.4 | 12% |
| 2019 | 1,637,328 | 1,368,895 | 268,433 | 23.6 | 12% |
| 2020 | 1,289,400 | 1,320,110 | −30,710 | 24.2 | 14% |
| 2021 | 1,302,242 | 1,369,137 | −66,895 | 22.7 | 15% |
| 2022 | 1,385,938 | 1,530,333 | −144,395 | 19.2 | 13% |
| 2023 | 1,179,227 | 1,666,391 | −487,164 | 14.1 | 11% |
In its most recent public year (2023), this organization spent $487,164 more than it brought in. Its reserves stood at about 14.1 months of spending, up from 7.5 in 2011. Staff pay was 11% 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
Sheet Metal Industry Promotion Fund Of New York City'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