Philadelphia Visitor Center Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,369,939 | 4,832,979 | 536,960 | 31.1 | 29% |
| 2012 | 7,405,341 | 7,516,757 | −111,416 | 19.0 | 19% |
| 2013 | 6,056,966 | 8,712,917 | −2,655,951 | 13.3 | 18% |
| 2014 | 6,831,758 | 5,381,643 | 1,450,115 | 26.9 | 28% |
| 2015 | 5,116,979 | 5,233,074 | −116,095 | 26.7 | 33% |
| 2016 | 5,935,380 | 6,905,624 | −970,244 | 18.3 | 27% |
| 2017 | 6,646,018 | 7,578,952 | −932,934 | 15.5 | 25% |
| 2018 | 8,552,672 | 13,738,219 | −5,185,547 | 3.7 | 14% |
| 2019 | 8,101,776 | 8,999,946 | −898,170 | 4.4 | 22% |
| 2020 | 4,565,273 | 5,158,918 | −593,645 | 6.0 | 38% |
| 2021 | 3,512,191 | 3,927,501 | −415,310 | 10.8 | 43% |
| 2022 | 7,568,170 | 5,618,625 | 1,949,545 | 10.2 | 40% |
| 2023 | 7,331,890 | 7,336,597 | −4,707 | 8.1 | 36% |
In its most recent public year (2023), this organization spent $4,707 more than it brought in. Its reserves stood at about 8.1 months of spending, down from 31.1 in 2011. Staff pay was 36% of spending. $3,479,010 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
Philadelphia Visitor Center 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