Albany Downtown Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 156,906 | 145,102 | 11,804 | 3.1 | — |
| 2013 | 163,109 | 165,335 | −2,226 | 2.6 | — |
| 2014 | 212,176 | 216,679 | −4,503 | 1.7 | 46% |
| 2015 | 204,105 | 183,159 | 20,946 | 3.4 | 53% |
| 2016 | 181,694 | 181,812 | −118 | 3.4 | 53% |
| 2017 | 220,326 | 188,566 | 31,760 | 5.3 | 51% |
| 2018 | 240,949 | 225,572 | 15,377 | 5.3 | 52% |
| 2019 | 303,139 | 280,820 | 22,319 | 5.2 | 38% |
| 2020 | 261,184 | 226,371 | 34,813 | 8.3 | 51% |
| 2021 | 226,407 | 203,947 | 22,460 | 10.5 | 54% |
| 2022 | 285,474 | 214,471 | 71,003 | 14.0 | 51% |
| 2023 | 311,353 | 286,239 | 25,114 | 11.5 | 40% |
In its most recent public year (2023), this organization brought in $25,114 more than it spent. Its reserves stood at about 11.5 months of spending, up from 3.1 in 2012. Staff pay was 40% 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
Albany Downtown Association'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