Asheville Downtown Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 112,703 | 112,625 | 78 | 6.5 | 56% |
| 2012 | 325,646 | 316,531 | 9,115 | 2.7 | 15% |
| 2013 | 382,293 | 354,699 | 27,594 | 3.3 | 16% |
| 2014 | 477,335 | 401,732 | 75,603 | 5.2 | 18% |
| 2015 | 508,752 | 415,343 | 93,409 | 7.7 | 21% |
| 2016 | 479,822 | 453,467 | 26,355 | 7.8 | 17% |
| 2017 | 467,983 | 459,612 | 8,371 | 7.9 | 18% |
| 2018 | 482,119 | 467,131 | 14,988 | 8.1 | 19% |
| 2019 | 503,443 | 472,701 | 30,742 | 8.8 | 23% |
| 2020 | 134,324 | 208,519 | −74,195 | 15.7 | 33% |
| 2021 | 157,548 | 169,718 | −12,170 | 18.5 | 36% |
| 2022 | 492,184 | 422,782 | 69,402 | 9.4 | 18% |
| 2023 | 487,847 | 490,777 | −2,930 | 8.0 | 21% |
In its most recent public year (2023), this organization spent $2,930 more than it brought in. Its reserves stood at about 8 months of spending, up from 6.5 in 2011. Staff pay was 21% 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
Asheville Downtown Association 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