Visalia Visitors And Conventionbureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 432,795 | 363,482 | 69,313 | 5.7 | 46% |
| 2021 | 508,998 | 423,727 | 85,271 | 7.3 | 41% |
| 2022 | 456,814 | 423,236 | 33,578 | 8.3 | 35% |
| 2023 | 485,220 | 439,788 | 45,432 | 9.2 | 36% |
In its most recent public year (2023), this organization brought in $45,432 more than it spent. Its reserves stood at about 9.2 months of spending, up from 5.7 in 2020. Staff pay was 36% 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
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