Corporation For Travel Promotion
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,143,890 | 3,452,885 | −308,995 | 1.0 | 8% |
| 2012 | 85,482,663 | 47,844,924 | 37,637,739 | 9.5 | 9% |
| 2013 | 137,677,623 | 85,407,548 | 52,270,075 | 13.0 | 5% |
| 2014 | 236,349,018 | 173,947,171 | 62,401,847 | 10.9 | 1% |
| 2015 | 166,341,859 | 159,509,399 | 6,832,460 | 12.5 | 5% |
| 2016 | 134,464,092 | 150,590,535 | −16,126,443 | 10.0 | 6% |
| 2017 | 158,748,886 | 160,129,929 | −1,381,043 | 11.6 | 6% |
| 2018 | 134,985,497 | 148,562,345 | −13,576,848 | 11.3 | 6% |
| 2019 | 167,968,436 | 154,959,279 | 13,009,157 | 12.4 | 7% |
| 2020 | 75,249,330 | 94,240,260 | −18,990,930 | 15.9 | 10% |
| 2021 | 50,300,586 | 37,015,137 | 13,285,449 | 47.2 | 18% |
| 2022 | 330,030,939 | 91,449,290 | 238,581,649 | 47.6 | 8% |
| 2023 | 175,731,963 | 183,560,698 | −7,828,735 | 27.2 | 6% |
In its most recent public year (2023), this organization spent $7,828,735 more than it brought in. Its reserves stood at about 27.2 months of spending, up from 1 in 2011. Staff pay was 6% of spending. $85,803,876 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
Corporation For Travel Promotion'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