Milwaukee Downtown Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 860,114 | 868,409 | −8,295 | 3.4 | 0% |
| 2012 | 913,569 | 945,844 | −32,275 | 2.7 | 0% |
| 2013 | 1,340,106 | 1,231,755 | 108,351 | 3.1 | 0% |
| 2014 | 1,297,284 | 1,243,454 | 53,830 | 3.6 | 10% |
| 2015 | 1,385,903 | 1,362,583 | 23,320 | 3.5 | 12% |
| 2016 | 1,422,652 | 1,345,834 | 76,818 | 4.2 | 12% |
| 2017 | 2,789,198 | 2,572,010 | 217,188 | 3.8 | 7% |
| 2018 | 6,354,387 | 5,695,618 | 658,769 | 3.1 | 4% |
| 2019 | 3,571,573 | 3,376,538 | 195,035 | 6.0 | 7% |
| 2020 | 2,596,433 | 2,605,173 | −8,740 | 7.7 | 10% |
| 2021 | 3,234,657 | 2,925,889 | 308,768 | 8.1 | 8% |
| 2022 | 3,612,284 | 3,051,613 | 560,671 | 9.7 | 8% |
| 2023 | 2,585,205 | 2,385,148 | 200,057 | 13.5 | 12% |
In its most recent public year (2023), this organization brought in $200,057 more than it spent. Its reserves stood at about 13.5 months of spending, up from 3.4 in 2011. Staff pay was 12% of spending. $1,109,432 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
Milwaukee Downtown 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