Columbus Downtown Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,561,683 | 7,682,810 | −1,121,127 | 151.6 | 9% |
| 2012 | 2,744,310 | 3,344,215 | −599,905 | 347.2 | 30% |
| 2013 | 30,611,720 | 6,025,720 | 24,586,000 | 243.6 | 19% |
| 2014 | 20,188,676 | 19,403,602 | 785,074 | 76.4 | 7% |
| 2015 | 34,780,773 | 20,187,261 | 14,593,512 | 81.9 | 7% |
| 2016 | 27,344,851 | 3,001,335 | 24,343,516 | 649.7 | 32% |
| 2017 | 4,954,900 | 5,918,599 | −963,699 | 329.3 | 16% |
| 2018 | 5,466,312 | 8,184,480 | −2,718,168 | 233.4 | 18% |
| 2019 | 20,346,983 | 13,871,331 | 6,475,652 | 144.9 | 22% |
| 2020 | 4,778,604 | 71,078,599 | −66,299,995 | 17.3 | 2% |
| 2021 | 12,117,471 | 11,174,134 | 943,337 | 113.4 | 18% |
| 2022 | 21,128,443 | 14,664,270 | 6,464,173 | 89.9 | 10% |
| 2023 | 21,773,882 | 22,386,898 | −613,016 | 59.1 | 8% |
In its most recent public year (2023), this organization spent $613,016 more than it brought in. Its reserves stood at about 59.1 months of spending, down from 151.6 in 2011. Staff pay was 8% of spending. $2,627,400 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
Columbus Downtown Development Corporation'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