Downtown Parking Management Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 4,046,656 | 3,680,708 | 365,948 | 6.1 | 22% |
| 2015 | 4,102,355 | 4,815,366 | −713,011 | 4.4 | 26% |
| 2016 | 4,272,369 | 4,023,439 | 248,930 | 7.7 | 0% |
| 2017 | 4,131,247 | 4,285,154 | −153,907 | 4.0 | 0% |
| 2018 | 4,214,314 | 4,432,793 | −218,479 | 3.3 | 0% |
| 2019 | 4,443,686 | 4,532,350 | −88,664 | 3.0 | 0% |
| 2020 | 2,574,821 | 3,523,841 | −949,020 | 0.6 | 0% |
| 2021 | 2,696,142 | 3,554,058 | −857,916 | -2.3 | 0% |
| 2022 | 3,106,069 | 3,352,996 | −246,927 | -3.3 | 0% |
| 2023 | 3,375,643 | 3,765,392 | −389,749 | -4.2 | 0% |
In its most recent public year (2023), this organization spent $389,749 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.2 months), down from 6.1 in 2014. 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
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