Red Wing Downtown Council Main Street Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 118,496 | 98,158 | 20,338 | 8.3 | — |
| 2012 | 96,578 | 118,994 | −22,416 | 4.6 | — |
| 2013 | 80,042 | 73,979 | 6,063 | 8.4 | — |
| 2014 | 243,719 | 221,043 | 22,676 | 4.0 | 19% |
| 2015 | 197,072 | 204,547 | −7,475 | 3.9 | — |
| 2016 | 195,272 | 202,910 | −7,638 | 3.5 | — |
| 2017 | 105,493 | 87,808 | 17,685 | 10.5 | — |
| 2018 | 131,760 | 134,586 | −2,826 | 6.6 | — |
| 2019 | 117,523 | 131,093 | −13,570 | 5.5 | — |
| 2020 | 178,979 | 126,871 | 52,108 | 10.7 | — |
| 2021 | 199,939 | 201,407 | −1,468 | 5.2 | — |
| 2022 | 315,476 | 199,721 | 115,755 | 12.2 | 0% |
| 2023 | 174,021 | 251,598 | −77,577 | 6.0 | 0% |
In its most recent public year (2023), this organization spent $77,577 more than it brought in. Its reserves stood at about 6 months of spending, down from 8.3 in 2011. Staff pay was 0% 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
Red Wing Downtown Council Main Street 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