Niagara Tourism And Convention Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,122,336 | 2,623,336 | −501,000 | 31.4 | 31% |
| 2021 | 8,211,628 | 3,101,673 | 5,109,955 | 46.1 | 27% |
| 2022 | 5,163,192 | 4,466,952 | 696,240 | 32.8 | 25% |
| 2023 | 5,074,388 | 5,303,627 | −229,239 | 28.1 | 22% |
In its most recent public year (2023), this organization spent $229,239 more than it brought in. Its reserves stood at about 28.1 months of spending, down from 31.4 in 2020. Staff pay was 22% of spending. $4,647,201 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works