Greater Austin Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,248,091 | 3,700,995 | −452,904 | 7.0 | 0% |
| 2012 | 3,300,892 | 4,022,986 | −722,094 | 4.3 | 0% |
| 2013 | 3,812,733 | 4,123,394 | −310,661 | 3.2 | 0% |
| 2014 | 4,461,058 | 3,776,265 | 684,793 | 5.7 | 0% |
| 2015 | 4,917,866 | 4,068,714 | 849,152 | 7.8 | 0% |
| 2016 | 3,718,361 | 3,769,508 | −51,147 | 8.3 | 0% |
| 2017 | 3,461,772 | 4,065,865 | −604,093 | 5.9 | 0% |
| 2018 | 4,179,030 | 3,994,568 | 184,462 | 6.5 | 0% |
| 2019 | 4,748,107 | 3,782,696 | 965,411 | 10.0 | 0% |
| 2020 | 3,694,287 | 3,306,041 | 388,246 | 12.8 | 0% |
| 2021 | 3,944,758 | 2,615,241 | 1,329,517 | 22.3 | 0% |
| 2022 | 3,944,259 | 4,267,855 | −323,596 | 12.8 | 0% |
| 2023 | 3,192,928 | 5,028,369 | −1,835,441 | 6.5 | 45% |
In its most recent public year (2023), this organization spent $1,835,441 more than it brought in. Its reserves stood at about 6.5 months of spending. Staff pay was 45% of spending. $290,138 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
Greater Austin Economic 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