First Capitol Tourism Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 779,924 | 788,027 | −8,103 | 1.5 | 40% |
| 2012 | 844,598 | 837,281 | 7,317 | 1.5 | 49% |
| 2013 | 853,255 | 853,329 | −74 | 1.4 | 46% |
| 2014 | 859,544 | 783,060 | 76,484 | 2.7 | 40% |
| 2015 | 892,753 | 774,361 | 118,392 | 4.6 | 35% |
| 2016 | 957,223 | 907,164 | 50,059 | 4.6 | 31% |
| 2017 | 994,024 | 977,791 | 16,233 | 4.5 | 29% |
| 2018 | 982,159 | 1,021,684 | −39,525 | 3.8 | 28% |
| 2019 | 886,762 | 994,628 | −107,866 | 2.6 | 28% |
| 2020 | 773,024 | 694,675 | 78,349 | 5.1 | 35% |
| 2021 | 942,876 | 648,907 | 293,969 | 10.9 | 39% |
| 2022 | 863,594 | 790,240 | 73,354 | 10.1 | 32% |
| 2023 | 912,392 | 959,126 | −46,734 | 7.7 | 30% |
In its most recent public year (2023), this organization spent $46,734 more than it brought in. Its reserves stood at about 7.7 months of spending, up from 1.5 in 2011. Staff pay was 30% 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
First Capitol Tourism Development 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