Downtown Racine Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 288,003 | 318,336 | −30,333 | -1.4 | 48% |
| 2012 | 221,584 | 242,517 | −20,933 | -0.3 | 59% |
| 2013 | 221,678 | 209,187 | 12,491 | 0.6 | 66% |
| 2014 | 225,251 | 224,189 | 1,062 | 0.5 | 63% |
| 2015 | 216,941 | 204,393 | 12,548 | 1.3 | 67% |
| 2016 | 191,765 | 209,919 | −18,154 | 0.2 | 64% |
| 2017 | 207,422 | 206,390 | 1,032 | 0.3 | 66% |
| 2018 | 212,099 | 190,298 | 21,801 | 1.8 | 67% |
| 2019 | 197,795 | 209,938 | −12,143 | 0.9 | 64% |
| 2020 | 186,740 | 179,905 | 6,835 | 1.5 | 63% |
| 2021 | 226,116 | 187,966 | 38,150 | 3.9 | 64% |
| 2022 | 232,145 | 206,623 | 25,522 | 5.0 | 61% |
| 2023 | 222,246 | 224,940 | −2,694 | 4.4 | 67% |
In its most recent public year (2023), this organization spent $2,694 more than it brought in. Its reserves stood at about 4.4 months of spending, up from -1.4 in 2011. Staff pay was 67% 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
Downtown Racine Corp'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