Metropolitan Economic Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,357,559 | 2,150,030 | 207,529 | 14.3 | 56% |
| 2012 | 3,202,937 | 2,797,263 | 405,674 | 12.7 | 51% |
| 2013 | 3,176,094 | 3,085,225 | 90,869 | 11.9 | 52% |
| 2014 | 4,003,903 | 3,211,610 | 792,293 | 14.4 | 52% |
| 2015 | 3,857,602 | 3,557,547 | 300,055 | 14.0 | 54% |
| 2016 | 7,171,173 | 4,026,359 | 3,144,814 | 21.7 | 52% |
| 2017 | 5,982,625 | 5,829,336 | 153,289 | 15.3 | 45% |
| 2018 | 7,372,838 | 6,346,017 | 1,026,821 | 16.0 | 41% |
| 2019 | 5,856,303 | 6,699,083 | −842,780 | 13.7 | 40% |
| 2020 | 7,589,215 | 6,034,922 | 1,554,293 | 18.3 | 41% |
| 2021 | 12,064,856 | 7,934,680 | 4,130,176 | 20.1 | 32% |
| 2022 | 6,566,738 | 9,518,584 | −2,951,846 | 13.1 | 33% |
| 2023 | 9,291,098 | 8,074,691 | 1,216,407 | 17.2 | 34% |
In its most recent public year (2023), this organization brought in $1,216,407 more than it spent. Its reserves stood at about 17.2 months of spending, up from 14.3 in 2011. Staff pay was 34% of spending. $3,302,174 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
Metropolitan Economic Development Association'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