Elgin Area Convention & Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 325,552 | 347,106 | −21,554 | 3.2 | 60% |
| 2012 | 334,432 | 372,122 | −37,690 | 1.7 | 57% |
| 2013 | 456,479 | 482,552 | −26,073 | 0.7 | 45% |
| 2014 | 354,987 | 432,838 | −77,851 | -1.4 | 52% |
| 2015 | 468,490 | 424,959 | 43,531 | -0.2 | 27% |
| 2016 | 406,907 | 386,887 | 20,020 | 0.6 | 44% |
| 2017 | 448,597 | 406,025 | 42,572 | 1.7 | 48% |
| 2018 | 436,769 | 510,019 | −73,250 | 1.0 | 60% |
| 2019 | 472,210 | 415,979 | 56,231 | 2.9 | 35% |
| 2020 | 536,519 | 446,109 | 90,410 | 5.1 | 42% |
| 2021 | 408,614 | 259,582 | 149,032 | 15.7 | 58% |
| 2022 | 560,662 | 458,809 | 101,853 | 11.5 | 39% |
| 2023 | 547,994 | 474,810 | 73,184 | 13.0 | 44% |
In its most recent public year (2023), this organization brought in $73,184 more than it spent. Its reserves stood at about 13 months of spending, up from 3.2 in 2011. Staff pay was 44% 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
Elgin Area Convention & Visitors Bureau'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