Downtown Framingham Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 31,952 | 30,536 | 1,416 | 4.7 | — |
| 2012 | 64,610 | 73,367 | −8,757 | 0.5 | — |
| 2013 | 83,622 | 79,676 | 3,946 | 1.1 | — |
| 2014 | 96,347 | 78,725 | 17,622 | 3.8 | — |
| 2015 | 125,066 | 129,423 | −4,357 | 1.9 | — |
| 2016 | 103,492 | 116,797 | −13,305 | 0.7 | — |
| 2017 | 113,212 | 107,102 | 6,110 | 1.5 | — |
| 2018 | 111,343 | 177,334 | −65,991 | -3.6 | — |
| 2019 | 111,272 | 160,938 | −49,666 | -7.6 | — |
| 2020 | 91,840 | 149,201 | −57,361 | -12.9 | — |
| 2021 | 146,474 | 151,994 | −5,520 | -13.1 | — |
| 2022 | 141,311 | 138,235 | 3,076 | -14.1 | — |
In its most recent public year (2022), this organization brought in $3,076 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-14.1 months), down from 4.7 in 2011.
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 2022. 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 Framingham Inc's IRS filings as a feed — one entry per filing year, through 2022. 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