Discover Downtown Petersburg Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 59,627 | 42,156 | 17,471 | 5.4 | — |
| 2018 | 61,175 | 55,640 | 5,535 | 5.3 | — |
| 2019 | 64,381 | 60,981 | 3,400 | 5.5 | — |
| 2020 | 21,210 | 13,759 | 7,451 | 30.8 | — |
| 2021 | 26,695 | 8,339 | 18,356 | 77.3 | — |
| 2022 | 51,484 | 42,447 | 9,037 | 17.7 | — |
| 2023 | 63,299 | 67,695 | −4,396 | 10.3 | — |
In its most recent public year (2023), this organization spent $4,396 more than it brought in. Its reserves stood at about 10.3 months of spending, up from 5.4 in 2017.
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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