Wilmington Downtown Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 199,825 | 198,871 | 954 | 38.0 | 47% |
| 2013 | 235,019 | 262,995 | −27,976 | 27.4 | 37% |
| 2014 | 221,933 | 213,988 | 7,945 | 34.2 | 36% |
| 2015 | 244,439 | 241,418 | 3,021 | 30.4 | 48% |
| 2016 | 226,211 | 237,394 | −11,183 | 30.4 | 49% |
| 2017 | 309,524 | 266,116 | 43,408 | 29.1 | 40% |
| 2018 | 523,718 | 465,438 | 58,280 | 18.1 | 24% |
| 2019 | 598,403 | 578,899 | 19,504 | 15.0 | 22% |
| 2020 | 766,010 | 772,244 | −6,234 | 11.1 | 16% |
| 2021 | 662,088 | 632,161 | 29,927 | 15.5 | 15% |
| 2022 | 901,109 | 811,662 | 89,447 | 13.4 | 14% |
| 2023 | 806,553 | 703,886 | 102,667 | 17.2 | 6% |
| 2024 | 1,009,206 | 917,353 | 91,853 | 14.4 | 8% |
In its most recent public year (2024), this organization brought in $91,853 more than it spent. Its reserves stood at about 14.4 months of spending, down from 38 in 2012. Staff pay was 8% of spending. $575,637 of its net assets are donor-restricted.
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 2024. 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
Wilmington Downtown Inc's IRS filings as a feed — one entry per filing year, through 2024. 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