Destination Downtown Lancaster Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 189,009 | 181,357 | 7,652 | 6.9 | 53% |
| 2021 | 189,666 | 177,422 | 12,244 | 7.8 | 57% |
| 2022 | 277,725 | 252,511 | 25,214 | 6.7 | 51% |
| 2023 | 252,889 | 277,026 | −24,137 | 4.8 | 45% |
In its most recent public year (2023), this organization spent $24,137 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 6.9 in 2020. Staff pay was 45% of spending. $26,757 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
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