Downtown Kalamazoo Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,231,872 | 1,250,152 | −18,280 | 9.0 | 40% |
| 2012 | 1,210,508 | 1,414,720 | −204,212 | 6.3 | 38% |
| 2013 | 578,402 | 947,685 | −369,283 | 4.7 | 32% |
| 2014 | 379,383 | 482,445 | −103,062 | 6.6 | 56% |
| 2015 | 578,817 | 654,848 | −76,031 | 3.7 | 44% |
| 2016 | 598,754 | 733,259 | −134,505 | 1.1 | 48% |
| 2017 | 673,381 | 639,929 | 33,452 | 1.9 | 44% |
| 2018 | 918,367 | 878,508 | 39,859 | 2.0 | 44% |
| 2019 | 798,311 | 802,232 | −3,921 | 2.1 | 59% |
| 2020 | 993,277 | 850,314 | 142,963 | 4.0 | 60% |
| 2021 | 1,367,192 | 1,202,419 | 164,773 | 4.5 | 44% |
| 2022 | 197,159 | 611,196 | −414,037 | 0.7 | — |
| 2023 | 7,231 | 48,332 | −41,101 | -1.6 | — |
In its most recent public year (2023), this organization spent $41,101 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), down from 9 in 2011.
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
Downtown Kalamazoo Inc'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