The Utica Center For Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 622,495 | 518,168 | 104,327 | 11.4 | 25% |
| 2012 | 743,070 | 799,056 | −55,986 | 6.6 | 18% |
| 2013 | 729,478 | 728,199 | 1,279 | 7.2 | 22% |
| 2014 | 618,674 | 613,295 | 5,379 | 8.7 | 40% |
| 2015 | 592,632 | 576,219 | 16,413 | 11.4 | 39% |
| 2016 | 716,625 | 647,960 | 68,665 | 11.4 | 5% |
| 2017 | 1,645,586 | 653,748 | 991,838 | 29.6 | 6% |
| 2018 | 3,428,032 | 804,797 | 2,623,235 | 63.1 | 5% |
| 2019 | 1,114,303 | 1,037,903 | 76,400 | 49.8 | 5% |
| 2020 | 1,198,555 | 1,244,758 | −46,203 | 41.1 | 4% |
| 2021 | 1,355,029 | 1,445,322 | −90,293 | 34.6 | 3% |
| 2022 | 1,783,813 | 2,082,377 | −298,564 | 23.9 | 2% |
| 2023 | 2,510,781 | 2,124,985 | 385,796 | 25.8 | 4% |
In its most recent public year (2023), this organization brought in $385,796 more than it spent. Its reserves stood at about 25.8 months of spending, up from 11.4 in 2011. Staff pay was 4% of spending. $3,825,284 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
The Utica Center For Development'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