Downtown Redevelopment Authority Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 177,268 | 162,714 | 14,554 | 33.0 | 46% |
| 2012 | 28,210 | 48,012 | −19,802 | 96.4 | 37% |
| 2013 | 43,952 | 101,443 | −57,491 | 38.5 | 13% |
| 2014 | 181,451 | 125,571 | 55,880 | 36.5 | 49% |
| 2015 | 3,413 | 40,928 | −37,515 | 100.8 | 40% |
| 2016 | −3,689 | 42,752 | −46,441 | 83.5 | 43% |
| 2017 | 31,446 | 19,230 | 12,216 | 193.3 | 23% |
| 2018 | 42,223 | 20,862 | 21,361 | 190.4 | 0% |
| 2019 | 27,619 | 26,904 | 715 | 148.0 | 0% |
| 2020 | 273,160 | 119,209 | 153,951 | 48.9 | 0% |
| 2021 | 2,107 | 47,242 | −45,135 | 111.9 | 51% |
| 2022 | −7,807 | 91,109 | −98,916 | 45.0 | 31% |
| 2023 | −2,021 | 92,783 | −94,804 | 31.9 | 63% |
In its most recent public year (2023), this organization spent $94,804 more than it brought in. Its reserves stood at about 31.9 months of spending, down from 33 in 2011. Staff pay was 63% 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 Redevelopment Authority 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