Greater Philadelphia Tourism Marketing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,942,117 | 11,086,793 | −1,144,676 | 6.1 | 29% |
| 2012 | 11,193,486 | 11,318,886 | −125,400 | 5.9 | 29% |
| 2013 | 10,356,134 | 10,743,567 | −387,433 | 5.7 | 33% |
| 2014 | 11,443,713 | 11,211,093 | 232,620 | 5.5 | 35% |
| 2015 | 11,812,762 | 10,799,369 | 1,013,393 | 6.8 | 36% |
| 2016 | 15,999,384 | 12,166,954 | 3,832,430 | 9.8 | 33% |
| 2017 | 13,940,558 | 13,005,447 | 935,111 | 10.0 | 33% |
| 2018 | 14,947,794 | 16,092,927 | −1,145,133 | 7.3 | 29% |
| 2019 | 15,869,947 | 15,932,006 | −62,059 | 7.3 | 30% |
| 2020 | 9,681,050 | 11,600,153 | −1,919,103 | 8.2 | 36% |
| 2021 | 8,019,397 | 8,849,705 | −830,308 | 10.3 | 36% |
| 2022 | 13,494,636 | 12,566,060 | 928,576 | 7.4 | 26% |
| 2023 | 19,412,592 | 16,183,653 | 3,228,939 | 8.5 | 25% |
In its most recent public year (2023), this organization brought in $3,228,939 more than it spent. Its reserves stood at about 8.5 months of spending, up from 6.1 in 2011. Staff pay was 25% of spending. $375,000 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
Greater Philadelphia Tourism Marketing Corporation'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