Destination Duluth
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 19,526 | 14,548 | 4,978 | 6.1 | — |
| 2015 | 42,767 | 48,011 | −5,244 | 0.5 | — |
| 2016 | 36,775 | 35,881 | 894 | 2.0 | — |
| 2017 | 47,694 | 39,477 | 8,217 | 2.2 | — |
| 2018 | 24,205 | 30,533 | −6,328 | 0.4 | — |
| 2021 | 63,742 | 41,378 | 22,364 | 8.2 | — |
| 2022 | 85,549 | 64,013 | 21,536 | 9.4 | — |
| 2023 | 101,720 | 87,330 | 14,390 | 8.8 | — |
In its most recent public year (2023), this organization brought in $14,390 more than it spent. Its reserves stood at about 8.8 months of spending, up from 6.1 in 2014.
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
Destination Duluth'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