Downtown Morehead Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 52,140 | 65,637 | −13,497 | 7.0 | — |
| 2012 | 70,757 | 69,932 | 825 | 6.7 | — |
| 2013 | 39,451 | 42,257 | −2,806 | 10.3 | — |
| 2014 | 92,003 | 54,516 | 37,487 | 32.7 | — |
| 2015 | 49,831 | 61,060 | −11,229 | 27.0 | — |
| 2016 | 66,706 | 77,322 | −10,616 | 19.6 | — |
| 2017 | 124,333 | 150,010 | −25,677 | 8.1 | — |
| 2018 | 97,293 | 88,737 | 8,556 | 14.8 | — |
| 2019 | 112,174 | 106,812 | 5,362 | 12.9 | — |
| 2020 | 65,185 | 67,300 | −2,115 | 15.6 | — |
| 2021 | 84,508 | 80,909 | 3,599 | 13.5 | — |
| 2022 | 193,387 | 201,747 | −8,360 | 4.9 | — |
| 2023 | 213,684 | 217,454 | −3,770 | 4.4 | 27% |
| 2024 | 180,679 | 173,706 | 6,973 | 5.9 | 33% |
In its most recent public year (2024), this organization brought in $6,973 more than it spent. Its reserves stood at about 5.9 months of spending, down from 7 in 2011. Staff pay was 33% 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 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
Downtown Morehead 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