Convergence Events Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 264,544 | 212,485 | 52,059 | 9.8 | 0% |
| 2012 | 326,553 | 279,030 | 47,523 | 9.5 | 0% |
| 2013 | 442,949 | 310,843 | 132,106 | 13.6 | 0% |
| 2014 | 382,582 | 417,270 | −34,688 | 9.1 | 0% |
| 2015 | 406,778 | 388,093 | 18,685 | 10.4 | 0% |
| 2016 | 418,043 | 489,658 | −71,615 | 6.5 | 0% |
| 2017 | 460,272 | 521,368 | −61,096 | 4.7 | 0% |
| 2018 | 474,184 | 498,168 | −23,984 | 4.3 | 0% |
| 2019 | 490,735 | 524,767 | −34,032 | 3.3 | 0% |
| 2020 | 189,668 | 85,277 | 104,391 | 35.2 | 0% |
| 2021 | 238,846 | 312,971 | −74,125 | 6.8 | 0% |
| 2022 | 350,893 | 450,570 | −99,677 | 2.0 | 0% |
| 2023 | 450,956 | 370,425 | 80,531 | 5.1 | 0% |
In its most recent public year (2023), this organization brought in $80,531 more than it spent. Its reserves stood at about 5.1 months of spending, down from 9.8 in 2011. Staff pay was 0% 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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