Rockford Area Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,322,218 | 2,187,500 | 134,718 | 4.5 | 32% |
| 2012 | 2,547,018 | 2,479,033 | 67,985 | 4.3 | 29% |
| 2013 | 2,404,024 | 2,395,382 | 8,642 | 3.9 | 32% |
| 2014 | 2,462,211 | 2,438,663 | 23,548 | 3.9 | 33% |
| 2015 | 2,551,365 | 2,501,089 | 50,276 | 4.1 | 33% |
| 2016 | 2,379,550 | 2,404,303 | −24,753 | 4.1 | 36% |
| 2017 | 2,607,231 | 2,741,336 | −134,105 | 3.0 | 33% |
| 2018 | 2,798,031 | 2,684,857 | 113,174 | 3.6 | 34% |
| 2019 | 3,053,275 | 3,141,168 | −87,893 | 2.7 | 32% |
| 2020 | 2,740,614 | 2,948,522 | −207,908 | 2.1 | 36% |
| 2021 | 2,180,359 | 2,053,354 | 127,005 | 2.9 | 40% |
| 2022 | 3,193,388 | 3,147,257 | 46,131 | 2.1 | 31% |
| 2023 | 3,133,223 | 3,372,337 | −239,114 | 1.1 | 31% |
In its most recent public year (2023), this organization spent $239,114 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 4.5 in 2011. Staff pay was 31% 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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