Miami Downtown Redevelopment Authority
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 992,340 | 181,194 | 811,146 | 95.7 | 28% |
| 2012 | 290,690 | 259,059 | 31,631 | 68.4 | 28% |
| 2013 | 199,378 | 284,767 | −85,389 | 58.7 | 26% |
| 2014 | 138,073 | 150,345 | −12,272 | -5.2 | — |
| 2015 | 165,417 | 181,299 | −15,882 | -7.2 | — |
| 2016 | 282,823 | 259,344 | 23,479 | -3.0 | 23% |
| 2017 | 309,441 | 308,894 | 547 | -2.5 | 33% |
| 2018 | 298,082 | 189,023 | 109,059 | 1.1 | 33% |
| 2019 | 396,348 | 359,248 | 37,100 | 1.3 | 26% |
| 2020 | 315,737 | 278,553 | 37,184 | 2.4 | 29% |
| 2021 | 252,193 | 222,252 | 29,941 | 3.6 | 33% |
| 2022 | 430,249 | 314,846 | 115,403 | 6.5 | 28% |
| 2023 | 359,944 | 294,592 | 65,352 | 9.3 | 30% |
In its most recent public year (2023), this organization brought in $65,352 more than it spent. Its reserves stood at about 9.3 months of spending, down from 95.7 in 2011. Staff pay was 30% 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
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