Midtown Business Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,112,121 | 8,833,553 | 278,568 | 3.6 | 20% |
| 2012 | 7,895,931 | 7,909,031 | −13,100 | 4.1 | 24% |
| 2013 | 7,707,056 | 8,240,581 | −533,525 | 3.1 | 24% |
| 2014 | 5,897,881 | 6,276,632 | −378,751 | 3.4 | 31% |
| 2015 | 7,451,920 | 7,222,966 | 228,954 | 3.3 | 34% |
| 2016 | 11,643,734 | 11,506,475 | 137,259 | 2.2 | 25% |
| 2017 | 8,569,738 | 8,923,665 | −353,927 | 2.4 | 31% |
| 2018 | 9,608,894 | 9,506,520 | 102,374 | 2.4 | 33% |
| 2019 | 9,187,939 | 9,148,660 | 39,279 | 2.5 | 38% |
| 2020 | 9,696,597 | 9,696,597 | 0 | 2.4 | 38% |
| 2021 | 10,845,776 | 10,845,776 | 0 | 2.1 | 36% |
| 2022 | 13,307,886 | 13,307,886 | 0 | 1.7 | 35% |
| 2023 | 15,853,455 | 15,853,455 | 0 | 1.5 | 28% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 1.5 months of spending, down from 3.6 in 2011. Staff pay was 28% 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
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