Richmond Main Street Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 282,452 | 247,283 | 35,169 | 7.0 | 36% |
| 2012 | 271,786 | 307,457 | −35,671 | 4.0 | 39% |
| 2013 | 387,763 | 410,957 | −23,194 | 2.3 | 31% |
| 2014 | 424,673 | 413,930 | 10,743 | 2.6 | 34% |
| 2015 | 438,123 | 368,742 | 69,381 | 2.5 | 38% |
| 2016 | 390,147 | 362,130 | 28,017 | 3.5 | 36% |
| 2017 | 384,895 | 374,541 | 10,354 | 3.7 | 37% |
| 2018 | 448,376 | 429,618 | 18,758 | 3.8 | 37% |
| 2019 | 403,400 | 388,708 | 14,692 | 4.1 | 43% |
| 2020 | 320,257 | 340,430 | −20,173 | 3.9 | 50% |
| 2021 | 469,176 | 320,933 | 148,243 | 9.7 | 44% |
| 2022 | 310,599 | 340,431 | −29,832 | 8.1 | 38% |
In its most recent public year (2022), this organization spent $29,832 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 7 in 2011. Staff pay was 38% 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 2022. 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
Richmond Main Street Initiative Inc's IRS filings as a feed — one entry per filing year, through 2022. 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