Midtown Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,528 | 74,157 | 15,371 | 154.7 | 0% |
| 2012 | 44,828 | 74,632 | −29,804 | 148.9 | 0% |
| 2013 | 78,956 | 58,842 | 20,114 | 192.9 | 0% |
| 2014 | 15,446 | 54,706 | −39,260 | 198.9 | 0% |
| 2015 | 120,005 | 64,607 | 55,398 | 178.7 | 0% |
| 2016 | 43,351 | 55,964 | −12,613 | 203.6 | 0% |
| 2017 | 529 | 43,109 | −42,580 | 226.0 | 0% |
| 2018 | 22,487 | 34,382 | −11,895 | 279.2 | 0% |
| 2019 | 443 | 51 | 392 | 188341.6 | 0% |
| 2020 | 336 | 1,136 | −800 | 8447.0 | 0% |
| 2021 | 363 | 1,136 | −773 | 8438.9 | 0% |
| 2022 | 318 | 1,461 | −1,143 | 6552.2 | 0% |
| 2023 | 0 | 0 | 0 | — | — |
In its most recent public year (2023), this organization brought in $0 more than it spent.
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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