Midtown Cleveland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,410,152 | 853,954 | 556,198 | 16.8 | 21% |
| 2012 | 1,451,051 | 1,082,652 | 368,399 | 17.3 | 16% |
| 2013 | 617,349 | 824,301 | −206,952 | 19.7 | 24% |
| 2014 | 984,049 | 770,239 | 213,810 | 24.4 | 22% |
| 2015 | 608,589 | 865,760 | −257,171 | 17.2 | 21% |
| 2016 | 1,232,084 | 704,955 | 527,129 | 30.2 | 36% |
| 2017 | 881,161 | 800,640 | 80,521 | 28.1 | 40% |
| 2018 | 1,682,107 | 920,502 | 761,605 | 33.9 | 40% |
| 2019 | 1,500,418 | 1,856,399 | −355,981 | 15.1 | 26% |
| 2020 | 1,415,860 | 1,246,670 | 169,190 | 24.7 | 43% |
| 2021 | 2,038,574 | 1,947,377 | 91,197 | 16.9 | 35% |
| 2022 | 1,800,353 | 1,771,209 | 29,144 | 18.3 | 36% |
| 2023 | 1,552,530 | 1,681,652 | −129,122 | 18.9 | 42% |
In its most recent public year (2023), this organization spent $129,122 more than it brought in. Its reserves stood at about 18.9 months of spending, up from 16.8 in 2011. Staff pay was 42% of spending. $988,977 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
Midtown Cleveland'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