Downtowners Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 41,523 | 38,233 | 3,290 | 7.5 | 75% |
| 2020 | 31,777 | 31,536 | 241 | 9.2 | 88% |
| 2021 | 24,363 | 23,168 | 1,195 | 13.2 | 93% |
| 2022 | 34,060 | 32,370 | 1,690 | 10.0 | 63% |
| 2023 | 34,529 | 35,091 | −562 | 9.1 | 58% |
In its most recent public year (2023), this organization spent $562 more than it brought in. Its reserves stood at about 9.1 months of spending, up from 7.5 in 2019. Staff pay was 58% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works