The Legacy Midtown Park Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 2,543,548 | 478,720 | 2,064,828 | 51.6 | 0% |
| 2016 | 4,342,249 | 689,752 | 3,652,497 | 395.9 | 0% |
| 2017 | 6,542,508 | 395,513 | 6,146,995 | 872.3 | 0% |
| 2018 | 4,058,768 | 312,211 | 3,746,557 | 1232.3 | 41% |
| 2019 | 1,017,646 | 425,507 | 592,139 | 816.8 | 0% |
| 2020 | 2,284,689 | 3,530,918 | −1,246,229 | 83.6 | 35% |
| 2021 | 7,399,995 | 23,348,109 | −15,948,114 | 5.8 | 29% |
| 2022 | 20,044,250 | 35,833,271 | −15,789,021 | 0.8 | 29% |
| 2023 | 33,031,798 | 39,134,260 | −6,102,462 | -0.6 | 34% |
In its most recent public year (2023), this organization spent $6,102,462 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 51.6 in 2015. Staff pay was 34% 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
The Legacy Midtown Park 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