Rochester Downtown Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 283,568 | 291,200 | −7,632 | 0.2 | 65% |
| 2012 | 300,523 | 287,765 | 12,758 | 0.7 | 59% |
| 2013 | 369,059 | 324,965 | 44,094 | 2.3 | 59% |
| 2014 | 407,493 | 420,235 | −12,742 | 1.4 | 48% |
| 2015 | 373,898 | 366,363 | 7,535 | 1.9 | 56% |
| 2016 | 288,188 | 328,895 | −40,707 | 0.6 | 59% |
| 2017 | 440,822 | 343,039 | 97,783 | 4.0 | 56% |
| 2018 | 324,251 | 317,766 | 6,485 | 4.5 | 58% |
| 2019 | 610,003 | 351,018 | 258,985 | 13.0 | 51% |
| 2020 | 1,033,201 | 334,172 | 699,029 | 46.0 | 58% |
| 2021 | 1,037,509 | 604,066 | 433,443 | 34.3 | 45% |
| 2022 | 1,353,094 | 1,404,228 | −51,134 | 13.8 | 31% |
| 2023 | 1,890,890 | 1,676,541 | 214,349 | 13.1 | 28% |
In its most recent public year (2023), this organization brought in $214,349 more than it spent. Its reserves stood at about 13.1 months of spending, up from 0.2 in 2011. Staff pay was 28% of spending. $86,700 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
Rochester Downtown 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