Downtown Sturgis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 61,893 | 52,988 | 8,905 | 3.5 | — |
| 2017 | 19,149 | 20,388 | −1,239 | 8.5 | — |
| 2018 | 46,498 | 15,981 | 30,517 | 33.7 | — |
| 2019 | 54,969 | 46,494 | 8,475 | 13.8 | — |
| 2020 | 37,430 | 44,324 | −6,894 | 12.6 | — |
| 2021 | 4,283 | 41,614 | −37,331 | 2.7 | — |
| 2023 | 79,983 | 65,736 | 14,247 | 7.9 | — |
In its most recent public year (2023), this organization brought in $14,247 more than it spent. Its reserves stood at about 7.9 months of spending, up from 3.5 in 2016.
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 Sturgis Foundation'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