Downtown Statesville Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 151,543 | 149,233 | 2,310 | 7.5 | 59% |
| 2012 | 247,132 | 151,411 | 95,721 | 15.0 | 60% |
| 2013 | 152,847 | 147,720 | 5,127 | 15.7 | 62% |
| 2014 | 163,054 | 153,402 | 9,652 | 15.9 | 64% |
| 2015 | 161,233 | 157,123 | 4,110 | 15.9 | 64% |
| 2016 | 205,135 | 185,487 | 19,648 | 14.7 | 62% |
| 2017 | 234,705 | 227,251 | 7,454 | 12.4 | 56% |
| 2018 | 226,398 | 213,658 | 12,740 | 13.9 | 58% |
| 2019 | 203,700 | 231,346 | −27,646 | 11.4 | 55% |
| 2020 | 255,196 | 225,677 | 29,519 | 13.3 | 41% |
| 2021 | 179,844 | 171,349 | 8,495 | 18.2 | 42% |
| 2022 | 239,570 | 226,767 | 12,803 | 14.4 | 43% |
| 2023 | 333,452 | 310,299 | 23,153 | 11.4 | 37% |
In its most recent public year (2023), this organization brought in $23,153 more than it spent. Its reserves stood at about 11.4 months of spending, up from 7.5 in 2011. Staff pay was 37% 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
Downtown Statesville 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