Hickory Downtown Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 109,541 | 78,491 | 31,050 | 29.0 | 59% |
| 2012 | 85,393 | 94,480 | −9,087 | 22.9 | 50% |
| 2013 | 100,073 | 79,481 | 20,592 | 30.4 | 61% |
| 2014 | 87,040 | 84,147 | 2,893 | 29.1 | 59% |
| 2016 | 85,543 | 86,304 | −761 | 25.0 | 58% |
| 2017 | 100,146 | 101,457 | −1,311 | 21.6 | 49% |
| 2018 | 107,074 | 81,707 | 25,367 | 30.5 | 55% |
| 2019 | 127,273 | 78,574 | 48,699 | 39.2 | 63% |
| 2020 | 32,911 | 91,110 | −58,199 | 26.1 | 61% |
| 2021 | 77,147 | 88,401 | −11,254 | 25.4 | 65% |
| 2022 | 104,876 | 78,033 | 26,843 | 32.9 | 76% |
| 2023 | 149,413 | 101,854 | 47,559 | 17.1 | — |
In its most recent public year (2023), this organization brought in $47,559 more than it spent. Its reserves stood at about 17.1 months of spending, down from 29 in 2011.
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
Hickory Downtown Development Association'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