Downtown Amarillo Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 216,495 | 261,832 | −45,337 | 2.8 | 42% |
| 2012 | 352,600 | 303,700 | 48,900 | 4.4 | 37% |
| 2013 | 290,431 | 255,801 | 34,630 | 6.8 | 1% |
| 2014 | 281,775 | 276,402 | 5,373 | 6.5 | 43% |
| 2015 | 556,640 | 534,966 | 21,674 | 3.9 | 24% |
| 2016 | 41,540 | 143,824 | −102,284 | 5.8 | 72% |
| 2021 | 65,000 | 4,295 | 60,705 | -250.3 | 0% |
| 2022 | 17,000 | 3,708 | 13,292 | -246.9 | 0% |
| 2023 | 50,000 | 6,444 | 43,556 | -61.0 | 0% |
In its most recent public year (2023), this organization brought in $43,556 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-61 months), down from 2.8 in 2011. Staff pay was 0% 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
Downtown Amarillo 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