Newark Sport And Event Commission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 529,306 | 479,232 | 50,074 | 13.1 | 41% |
| 2012 | 640,785 | 552,551 | 88,234 | 13.2 | 36% |
| 2013 | 543,086 | 579,965 | −36,879 | 11.9 | 9% |
| 2014 | 622,442 | 674,300 | −51,858 | 9.3 | 33% |
| 2015 | 621,083 | 670,589 | −49,506 | 8.4 | 35% |
| 2016 | 666,553 | 704,516 | −37,963 | 7.4 | 37% |
| 2017 | 1,140,753 | 658,486 | 482,267 | 16.7 | 34% |
| 2018 | 655,198 | 646,752 | 8,446 | 17.1 | 33% |
| 2019 | 677,933 | 666,367 | 11,566 | 16.8 | 34% |
| 2020 | 515,666 | 579,431 | −63,765 | 18.1 | 34% |
| 2021 | 569,037 | 537,575 | 31,462 | 20.2 | 41% |
| 2022 | 783,333 | 638,451 | 144,882 | 19.7 | 36% |
| 2023 | 1,368,124 | 844,417 | 523,707 | 22.3 | 35% |
In its most recent public year (2023), this organization brought in $523,707 more than it spent. Its reserves stood at about 22.3 months of spending, up from 13.1 in 2011. Staff pay was 35% of spending. $39,513 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
Newark Sport And Event Commission'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