Greater Lafayette Convention And Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,397,164 | 944,367 | 452,797 | 9.2 | 34% |
| 2019 | 1,061,097 | 945,007 | 116,090 | 10.7 | 35% |
| 2020 | 856,902 | 769,701 | 87,201 | 14.5 | 44% |
| 2021 | 761,283 | 796,383 | −35,100 | 13.5 | 45% |
| 2022 | 1,163,739 | 998,111 | 165,628 | 12.7 | 39% |
| 2023 | 1,543,767 | 1,357,169 | 186,598 | 11.0 | 41% |
In its most recent public year (2023), this organization brought in $186,598 more than it spent. Its reserves stood at about 11 months of spending, up from 9.2 in 2018. Staff pay was 41% 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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