Downtown New London Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,486 | 55,296 | −3,810 | 3.9 | — |
| 2012 | 69,212 | 46,201 | 23,011 | 10.6 | — |
| 2013 | 25,903 | 58,937 | −33,034 | 1.6 | — |
| 2014 | 40,506 | 41,874 | −1,368 | 1.8 | — |
| 2015 | 22,593 | 46,522 | −23,929 | -4.5 | — |
| 2016 | 29,544 | 43,687 | −14,143 | 3.6 | 50% |
| 2017 | 36,497 | 32,247 | 4,250 | 9.0 | 59% |
| 2018 | 178,582 | 178,596 | −14 | 1.2 | 6% |
| 2019 | 129,056 | 151,801 | −22,745 | 1.2 | 7% |
| 2020 | 21,629 | 25,802 | −4,173 | 1.7 | 19% |
| 2021 | 43,598 | 33,254 | 10,344 | 5.1 | 0% |
| 2022 | 18,519 | 14,259 | 4,260 | 15.5 | — |
| 2023 | 22,441 | 9,597 | 12,844 | 39.0 | — |
In its most recent public year (2023), this organization brought in $12,844 more than it spent. Its reserves stood at about 39 months of spending, up from 3.9 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works