Galesburg Downtown Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 170,094 | 179,003 | −8,909 | 26.7 | 34% |
| 2012 | 166,824 | 171,271 | −4,447 | 27.6 | 39% |
| 2013 | 171,078 | 139,011 | 32,067 | 36.8 | 42% |
| 2014 | 163,469 | 179,494 | −16,025 | 27.4 | 34% |
| 2015 | 157,090 | 195,961 | −38,871 | 22.7 | 32% |
| 2016 | 176,379 | 179,763 | −3,384 | 24.6 | 36% |
| 2017 | 143,596 | 187,673 | −44,077 | 20.7 | 35% |
| 2018 | 174,657 | 200,337 | −25,680 | 17.9 | 31% |
| 2019 | 181,806 | 192,622 | −10,816 | 17.9 | 26% |
| 2020 | 160,277 | 138,528 | 21,749 | 26.8 | 38% |
| 2021 | 149,169 | 210,235 | −61,066 | 14.2 | 24% |
| 2022 | 157,052 | 195,364 | −38,312 | 12.9 | 28% |
| 2023 | 209,570 | 128,259 | 81,311 | 27.3 | 45% |
In its most recent public year (2023), this organization brought in $81,311 more than it spent. Its reserves stood at about 27.3 months of spending. Staff pay was 45% 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
Galesburg Downtown Council'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