Indianapolis Downtown Marketing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,404,507 | 1,830,722 | −426,215 | 3.5 | 50% |
| 2021 | 2,024,884 | 1,981,984 | 42,900 | 3.9 | 42% |
| 2022 | 1,710,996 | 2,250,692 | −539,696 | -1.2 | 37% |
| 2023 | 2,109,293 | 2,570,935 | −461,642 | -2.4 | 34% |
In its most recent public year (2023), this organization spent $461,642 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 3.5 in 2020. Staff pay was 34% 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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