Downtown Reno Business Improvement District
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 130,000 | 85,322 | 44,678 | 6.3 | — |
| 2019 | 2,526,676 | 2,188,595 | 338,081 | 2.1 | 9% |
| 2020 | 2,863,831 | 2,762,303 | 101,528 | 2.1 | 14% |
| 2021 | 3,419,129 | 3,061,946 | 357,183 | 3.3 | 12% |
| 2022 | 2,994,626 | 3,165,129 | −170,503 | 2.5 | 12% |
| 2023 | 3,261,713 | 3,222,994 | 38,719 | 2.6 | 12% |
In its most recent public year (2023), this organization brought in $38,719 more than it spent. Its reserves stood at about 2.6 months of spending, down from 6.3 in 2018. Staff pay was 12% of spending. $10,000 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
Downtown Reno Business Improvement District'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