Down By Downtown Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 81,459 | 85,105 | −3,646 | 0.1 | — |
| 2017 | 99,144 | 90,895 | 8,249 | 1.2 | — |
| 2018 | 102,675 | 95,303 | 7,372 | 2.1 | — |
| 2019 | 108,077 | 97,516 | 10,561 | 3.2 | — |
| 2020 | 66,403 | 68,790 | −2,387 | 4.1 | — |
| 2021 | 68,702 | 74,194 | −5,492 | 3.0 | — |
| 2022 | 179,365 | 159,545 | 19,820 | 2.9 | — |
| 2023 | 159,694 | 151,503 | 8,191 | 3.7 | — |
In its most recent public year (2023), this organization brought in $8,191 more than it spent. Its reserves stood at about 3.7 months of spending, up from 0.1 in 2016.
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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