Destination Downtown South Boston Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,888 | 122,315 | 18,573 | 20.1 | — |
| 2012 | 170,589 | 153,758 | 16,831 | 17.3 | — |
| 2013 | 167,774 | 335,558 | −167,784 | 1.9 | — |
| 2014 | 161,983 | 146,036 | 15,947 | 5.8 | 52% |
| 2015 | 166,984 | 147,669 | 19,315 | 7.3 | 53% |
| 2016 | 121,530 | 127,393 | −5,863 | 7.9 | 64% |
| 2017 | 248,801 | 232,013 | 16,788 | 4.4 | 34% |
| 2018 | 171,454 | 188,364 | −16,910 | 4.4 | 45% |
| 2019 | 168,371 | 170,713 | −2,342 | 4.7 | 54% |
| 2020 | 161,598 | 147,883 | 13,715 | 6.5 | 64% |
| 2021 | 187,607 | 188,696 | −1,089 | 5.0 | 49% |
| 2022 | 190,486 | 187,803 | 2,683 | 5.2 | 67% |
| 2023 | 340,717 | 207,918 | 132,799 | 12.4 | 56% |
In its most recent public year (2023), this organization brought in $132,799 more than it spent. Its reserves stood at about 12.4 months of spending, down from 20.1 in 2011. Staff pay was 56% 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
Destination Downtown South Boston 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