Midland Downtown Park Conservancy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,920,538 | 13,698,234 | −8,777,696 | 2.2 | 1% |
| 2021 | 1,983,650 | 2,106,108 | −122,458 | 13.3 | 12% |
| 2022 | 1,289,049 | 1,978,412 | −689,363 | 10.0 | 16% |
| 2023 | 1,536,142 | 1,098,126 | 438,016 | 22.8 | 34% |
In its most recent public year (2023), this organization brought in $438,016 more than it spent. Its reserves stood at about 22.8 months of spending, up from 2.2 in 2020. Staff pay was 34% of spending. $2,089,951 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
Midland Downtown Park Conservancy'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