Greater Cleveland Media Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 557,487 | 617,558 | −60,071 | 0.8 | 47% |
| 2012 | 570,664 | 572,222 | −1,558 | 0.9 | 48% |
| 2013 | 867,028 | 710,777 | 156,251 | 3.3 | 56% |
| 2014 | 617,420 | 660,741 | −43,321 | 2.8 | 54% |
| 2015 | 802,954 | 848,122 | −45,168 | 1.5 | 48% |
| 2016 | 885,320 | 1,000,009 | −114,689 | -0.1 | 56% |
| 2017 | 753,961 | 896,306 | −142,345 | -2.0 | 63% |
| 2018 | 1,046,218 | 817,201 | 229,017 | 1.2 | 63% |
| 2019 | 762,379 | 766,763 | −4,384 | 1.2 | 63% |
| 2020 | 742,990 | 686,325 | 56,665 | 2.3 | 65% |
| 2021 | 741,943 | 522,000 | 219,943 | 8.1 | 58% |
| 2022 | 889,604 | 845,314 | 44,290 | 5.6 | 56% |
| 2023 | 662,379 | 1,009,695 | −347,316 | 0.6 | 54% |
In its most recent public year (2023), this organization spent $347,316 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 54% of spending. $5,000 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
Greater Cleveland Media Development Corporation'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