Downtown Southport Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,486 | 23,696 | 4,790 | 5.3 | — |
| 2012 | 128,893 | 11,458 | 117,435 | 133.9 | — |
| 2013 | 30,207 | 8,637 | 21,570 | 207.7 | — |
| 2014 | −60,679 | 36,891 | −97,570 | 16.9 | — |
| 2015 | 7,687 | 17,096 | −9,409 | 29.8 | — |
| 2016 | 8,712 | 21,309 | −12,597 | 20.7 | — |
| 2017 | 46,601 | 45,487 | 1,114 | 10.0 | — |
| 2018 | 56,229 | 38,090 | 18,139 | 17.7 | — |
| 2019 | 67,213 | 62,044 | 5,169 | 11.8 | — |
| 2020 | 8,014 | 28,568 | −20,554 | 17.1 | — |
| 2021 | 59,788 | 32,398 | 27,390 | 25.2 | — |
| 2022 | 67,599 | 60,130 | 7,469 | 15.1 | — |
| 2023 | 63,893 | 69,836 | −5,943 | 12.0 | — |
In its most recent public year (2023), this organization spent $5,943 more than it brought in. Its reserves stood at about 12 months of spending, up from 5.3 in 2011.
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 Southport 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