Iowa City Area Sports Commission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 106,774 | 138,627 | −31,853 | -2.8 | 0% |
| 2022 | 354,062 | 223,423 | 130,639 | 5.3 | 0% |
| 2023 | 1,370,700 | 1,209,144 | 161,556 | 2.6 | 10% |
| 2024 | 672,564 | 660,304 | 12,260 | 5.0 | 22% |
In its most recent public year (2024), this organization brought in $12,260 more than it spent. Its reserves stood at about 5 months of spending, up from -2.8 in 2021. Staff pay was 22% 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 2024. 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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