Downtown Spokane Development Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,888,107 | 1,636,784 | 251,323 | 5.5 | 65% |
| 2021 | 1,914,264 | 1,725,541 | 188,723 | 6.6 | 56% |
| 2022 | 1,905,060 | 1,997,829 | −92,769 | 5.1 | 67% |
| 2023 | 2,103,424 | 2,101,042 | 2,382 | 4.9 | 61% |
In its most recent public year (2023), this organization brought in $2,382 more than it spent. Its reserves stood at about 4.9 months of spending. Staff pay was 61% of spending. $50,511 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
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