Minneapolis Downtown Improvement District
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,992,701 | 7,282,869 | 709,832 | 3.2 | 15% |
| 2021 | 8,257,561 | 7,877,158 | 380,403 | 3.5 | 15% |
| 2022 | 8,197,330 | 8,859,577 | −662,247 | 2.2 | 15% |
| 2023 | 10,001,153 | 10,372,277 | −371,124 | 1.5 | 14% |
In its most recent public year (2023), this organization spent $371,124 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 3.2 in 2020. Staff pay was 14% 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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