Mill City Commons
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 115,315 | 101,754 | 13,561 | 6.1 | — |
| 2012 | 113,333 | 104,965 | 8,368 | 6.8 | — |
| 2013 | 125,372 | 120,846 | 4,526 | 6.4 | — |
| 2014 | 149,136 | 137,095 | 12,041 | 6.7 | — |
| 2015 | 154,583 | 133,313 | 21,270 | 8.8 | — |
| 2016 | 167,527 | 157,535 | 9,992 | 8.2 | — |
| 2017 | 195,235 | 165,062 | 30,173 | 10.0 | — |
| 2018 | 185,192 | 166,754 | 18,438 | 11.2 | — |
| 2019 | 175,519 | 179,560 | −4,041 | 10.2 | — |
| 2020 | 211,368 | 150,166 | 61,202 | 17.0 | 71% |
| 2021 | 186,728 | 154,354 | 32,374 | 19.1 | — |
| 2022 | 173,258 | 159,290 | 13,968 | 19.5 | — |
| 2023 | 180,784 | 171,315 | 9,469 | 18.8 | 67% |
In its most recent public year (2023), this organization brought in $9,469 more than it spent. Its reserves stood at about 18.8 months of spending, up from 6.1 in 2011. Staff pay was 67% of spending. $269,020 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 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
Mill City Commons'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