Downtown Merchants Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 349,848 | 350,978 | −1,130 | 0.5 | 58% |
| 2012 | 319,997 | 321,167 | −1,170 | 0.5 | 73% |
| 2013 | 320,373 | 325,790 | −5,417 | 0.3 | 66% |
| 2014 | 344,283 | 344,277 | 6 | 0.3 | 67% |
| 2015 | 299,036 | 299,036 | 0 | 0.3 | 63% |
| 2016 | 304,903 | 309,605 | −4,702 | 1.2 | 76% |
| 2017 | 346,499 | 339,843 | 6,656 | 1.1 | 75% |
| 2018 | 338,586 | 337,997 | 589 | 0.5 | 80% |
| 2019 | 308,677 | 297,356 | 11,321 | 1.5 | 84% |
| 2020 | 258,586 | 258,249 | 337 | 1.7 | 86% |
| 2021 | 292,896 | 297,203 | −4,307 | 1.4 | 83% |
| 2022 | 332,226 | 332,144 | 82 | 1.4 | 83% |
| 2023 | 439,836 | 438,993 | 843 | 1.1 | 82% |
In its most recent public year (2023), this organization brought in $843 more than it spent. Its reserves stood at about 1.1 months of spending. Staff pay was 82% 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
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