Wichita Downtown Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 729,158 | 770,149 | −40,991 | 4.6 | 44% |
| 2012 | 728,677 | 766,063 | −37,386 | 4.0 | 50% |
| 2013 | 692,414 | 606,650 | 85,764 | 6.8 | 57% |
| 2014 | 756,032 | 710,254 | 45,778 | 6.6 | 49% |
| 2015 | 615,568 | 734,791 | −119,223 | 4.6 | 46% |
| 2016 | 664,573 | 607,426 | 57,147 | 6.5 | 46% |
| 2017 | 940,373 | 871,034 | 69,339 | 5.5 | 36% |
| 2018 | 897,885 | 805,323 | 92,562 | 7.3 | 33% |
| 2019 | 857,449 | 963,876 | −106,427 | 4.8 | 35% |
| 2020 | 941,080 | 794,356 | 146,724 | 8.0 | 44% |
| 2021 | 816,570 | 943,349 | −126,779 | 5.1 | 39% |
| 2022 | 905,514 | 958,567 | −53,053 | 4.4 | 38% |
| 2023 | 934,520 | 913,394 | 21,126 | 4.9 | 35% |
In its most recent public year (2023), this organization brought in $21,126 more than it spent. Its reserves stood at about 4.9 months of spending. Staff pay was 35% of spending. $77,882 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
Wichita Downtown Development Corporation'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