Midtown Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 31,016 | 20,286 | 10,730 | 6.3 | — |
| 2019 | 29,118 | 29,325 | −207 | 4.3 | — |
| 2020 | 15,102 | 18,352 | −3,250 | 4.8 | — |
| 2021 | 15,085 | 13,557 | 1,528 | 7.8 | — |
| 2022 | 13,146 | 13,654 | −508 | 7.3 | — |
| 2023 | 15,254 | 14,044 | 1,210 | 8.1 | — |
In its most recent public year (2023), this organization brought in $1,210 more than it spent. Its reserves stood at about 8.1 months of spending, up from 6.3 in 2018.
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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