Downtown Mobile District Management Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,360,922 | 1,297,870 | 63,052 | 3.2 | 20% |
| 2012 | 1,253,981 | 1,299,591 | −45,610 | 2.7 | 23% |
| 2013 | 1,385,113 | 1,218,977 | 166,136 | 4.6 | 27% |
| 2014 | 1,401,993 | 1,341,341 | 60,652 | 4.7 | 24% |
| 2015 | 1,519,969 | 1,352,640 | 167,329 | 6.2 | 23% |
| 2016 | 1,349,651 | 1,465,477 | −115,826 | 4.7 | 24% |
| 2017 | 1,459,727 | 1,596,175 | −136,448 | 3.3 | 22% |
| 2018 | 2,010,531 | 1,635,344 | 375,187 | 6.0 | 23% |
| 2019 | 1,738,555 | 1,584,966 | 153,589 | 7.3 | 22% |
| 2020 | 1,619,877 | 1,808,119 | −188,242 | 5.2 | 26% |
| 2021 | 1,703,591 | 1,752,281 | −48,690 | 5.3 | 28% |
| 2022 | 1,855,907 | 1,982,623 | −126,716 | 4.6 | 27% |
| 2023 | 2,006,199 | 2,011,110 | −4,911 | 5.3 | 27% |
In its most recent public year (2023), this organization spent $4,911 more than it brought in. Its reserves stood at about 5.3 months of spending, up from 3.2 in 2011. Staff pay was 27% 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 Mobile District Management 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