Industrial Development Board
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,832 | 159,303 | −20,471 | 151.3 | 48% |
| 2012 | 327,424 | 143,689 | 183,735 | 183.1 | 55% |
| 2013 | 140,444 | 284,911 | −144,467 | 86.1 | 27% |
| 2014 | 254,471 | 232,376 | 22,095 | 107.1 | 32% |
| 2015 | 227,548 | 255,710 | −28,162 | 95.9 | 30% |
| 2016 | 206,591 | 222,825 | −16,234 | 109.2 | 33% |
| 2017 | 189,748 | 222,941 | −33,193 | 107.3 | 25% |
| 2018 | 436,877 | 439,935 | −3,058 | 54.3 | 23% |
| 2019 | 554,730 | 401,016 | 153,714 | 64.2 | 11% |
| 2020 | 242,745 | 221,682 | 21,063 | 117.3 | 21% |
| 2021 | 291,372 | 225,847 | 65,525 | 118.6 | 24% |
| 2022 | 1,645,711 | 406,048 | 1,239,663 | 106.3 | 14% |
| 2023 | 217,339 | 322,299 | −104,960 | 130.0 | 19% |
In its most recent public year (2023), this organization spent $104,960 more than it brought in. Its reserves stood at about 130 months of spending, down from 151.3 in 2011. Staff pay was 19% 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
Industrial Development Board'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