Grand Rapids-Kent Cty Convention Center & Vistors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,610,395 | 4,534,633 | 75,762 | 5.1 | 35% |
| 2012 | 5,243,305 | 5,255,630 | −12,325 | 4.3 | 30% |
| 2013 | 7,245,997 | 6,831,761 | 414,236 | 4.1 | 28% |
| 2014 | 7,833,320 | 7,258,291 | 575,029 | 4.8 | 26% |
| 2015 | 9,255,955 | 8,101,145 | 1,154,810 | 6.0 | 26% |
| 2016 | 9,755,704 | 9,464,464 | 291,240 | 5.5 | 23% |
| 2017 | 10,573,566 | 9,881,210 | 692,356 | 6.1 | 25% |
| 2018 | 11,261,443 | 11,088,353 | 173,090 | 5.6 | 25% |
| 2019 | 11,708,443 | 10,821,359 | 887,084 | 6.7 | 27% |
| 2020 | 6,496,669 | 5,860,997 | 635,672 | 13.8 | 33% |
| 2021 | 9,465,987 | 7,415,780 | 2,050,207 | 14.1 | 30% |
| 2022 | 13,100,368 | 11,285,811 | 1,814,557 | 11.0 | 28% |
| 2023 | 13,241,426 | 13,685,394 | −443,968 | 8.8 | 26% |
In its most recent public year (2023), this organization spent $443,968 more than it brought in. Its reserves stood at about 8.8 months of spending, up from 5.1 in 2011. Staff pay was 26% 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
Grand Rapids-Kent Cty Convention Center & 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