Metropolitan Detroit Convention & Vistors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,581,804 | 10,629,545 | 952,259 | 11.6 | 32% |
| 2012 | 12,978,706 | 12,620,073 | 358,633 | 9.8 | 29% |
| 2013 | 13,359,273 | 11,763,872 | 1,595,401 | 13.9 | 34% |
| 2014 | 15,389,339 | 14,043,163 | 1,346,176 | 11.7 | 31% |
| 2015 | 19,304,986 | 19,569,000 | −264,014 | 8.2 | 24% |
| 2016 | 16,973,436 | 14,663,877 | 2,309,559 | 12.3 | 29% |
| 2017 | 20,285,541 | 14,701,568 | 5,583,973 | 17.7 | 30% |
| 2018 | 19,892,198 | 15,937,736 | 3,954,462 | 19.3 | 30% |
| 2019 | 19,753,266 | 15,932,722 | 3,820,544 | 22.3 | 30% |
| 2020 | 9,251,508 | 8,181,074 | 1,070,434 | 45.2 | 40% |
| 2021 | 14,015,809 | 9,840,610 | 4,175,199 | 43.0 | 29% |
| 2022 | 20,583,837 | 18,177,635 | 2,406,202 | 9.7 | 21% |
| 2023 | 21,621,370 | 17,732,701 | 3,888,669 | 14.2 | 24% |
In its most recent public year (2023), this organization brought in $3,888,669 more than it spent. Its reserves stood at about 14.2 months of spending, up from 11.6 in 2011. Staff pay was 24% of spending. $2,500,000 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
Metropolitan Detroit Convention & Vistors 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