Downtown Durham Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 366,863 | 468,297 | −101,434 | 3.2 | 64% |
| 2012 | 392,484 | 463,636 | −71,152 | 1.4 | 66% |
| 2013 | 930,577 | 879,751 | 50,826 | 1.4 | 35% |
| 2014 | 955,103 | 906,185 | 48,918 | 2.0 | 34% |
| 2015 | 1,019,470 | 1,049,566 | −30,096 | 1.6 | 33% |
| 2016 | 1,049,822 | 1,014,465 | 35,357 | 2.1 | 36% |
| 2017 | 1,122,681 | 1,063,382 | 59,299 | 2.6 | 26% |
| 2018 | 1,167,155 | 1,162,280 | 4,875 | 2.5 | 27% |
| 2019 | 1,320,689 | 1,265,427 | 55,262 | 2.8 | 27% |
| 2020 | 1,635,064 | 1,512,532 | 122,532 | 3.3 | 27% |
| 2021 | 1,532,538 | 1,546,598 | −14,060 | 3.1 | 27% |
| 2022 | 1,586,578 | 1,577,564 | 9,014 | 3.1 | 25% |
| 2023 | 1,940,210 | 1,912,395 | 27,815 | 2.7 | 29% |
In its most recent public year (2023), this organization brought in $27,815 more than it spent. Its reserves stood at about 2.7 months of spending. Staff pay was 29% 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 Durham 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