Promote Iowa City Area Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 116,141 | 0 | 116,141 | — | — |
| 2017 | 586,834 | 431,514 | 155,320 | 7.5 | 0% |
| 2018 | 619,525 | 656,748 | −37,223 | 4.3 | 0% |
| 2019 | 644,332 | 717,105 | −72,773 | 2.7 | 0% |
| 2020 | 410,821 | 212,616 | 198,205 | 20.3 | 0% |
| 2021 | 675,950 | 516,567 | 159,383 | 12.1 | 0% |
| 2022 | 842,332 | 776,375 | 65,957 | 9.0 | 0% |
| 2023 | 958,512 | 906,949 | 51,563 | 8.4 | 0% |
In its most recent public year (2023), this organization brought in $51,563 more than it spent. Its reserves stood at about 8.4 months of spending. Staff pay was 0% 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
Promote Iowa City Area 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