Bloomington-Normal Area Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,001,528 | 1,030,822 | −29,294 | 26.2 | 29% |
| 2021 | 758,705 | 735,546 | 23,159 | 37.1 | 37% |
| 2022 | 968,562 | 992,247 | −23,685 | 27.2 | 30% |
| 2023 | 1,449,277 | 1,437,832 | 11,445 | 18.9 | 26% |
In its most recent public year (2023), this organization brought in $11,445 more than it spent. Its reserves stood at about 18.9 months of spending, down from 26.2 in 2020. Staff pay was 26% of spending. $3,493 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
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