Next City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 381,939 | 192,623 | 189,316 | 12.7 | 38% |
| 2012 | 841,788 | 407,190 | 434,598 | 18.8 | 38% |
| 2013 | 1,331,611 | 1,125,963 | 205,648 | 9.0 | 31% |
| 2014 | 2,253,662 | 1,438,571 | 815,091 | 13.8 | 30% |
| 2015 | 521,820 | 1,026,324 | −504,504 | 13.5 | 36% |
| 2016 | 1,670,399 | 1,554,246 | 116,153 | 9.8 | 28% |
| 2017 | 768,150 | 1,198,553 | −430,403 | 8.4 | 39% |
| 2018 | 741,609 | 1,098,720 | −357,111 | 5.3 | 39% |
| 2019 | 859,618 | 1,096,989 | −237,371 | 2.7 | 42% |
| 2020 | 1,058,886 | 986,606 | 72,280 | 3.8 | 49% |
| 2021 | 1,057,776 | 1,120,478 | −62,702 | 2.7 | 50% |
| 2022 | 1,444,228 | 1,201,845 | 242,383 | 4.9 | 46% |
| 2023 | 1,417,686 | 1,187,536 | 230,150 | 7.4 | 52% |
In its most recent public year (2023), this organization brought in $230,150 more than it spent. Its reserves stood at about 7.4 months of spending, down from 12.7 in 2011. Staff pay was 52% of spending. $519,574 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
Next City Inc'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