Greater Lansing Convention And Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,901,601 | 3,817,057 | 84,544 | 8.0 | 34% |
| 2012 | 4,166,728 | 3,915,044 | 251,684 | 8.6 | 37% |
| 2013 | 4,660,824 | 4,493,542 | 167,282 | 7.9 | 34% |
| 2014 | 4,930,798 | 4,826,169 | 104,629 | 7.6 | 35% |
| 2015 | 5,259,514 | 4,876,185 | 383,329 | 8.5 | 36% |
| 2016 | 5,882,122 | 5,609,815 | 272,307 | 8.0 | 33% |
| 2017 | 6,004,794 | 5,817,404 | 187,390 | 8.1 | 33% |
| 2018 | 6,055,318 | 6,089,388 | −34,070 | 7.6 | 35% |
| 2019 | 6,004,272 | 6,022,420 | −18,148 | 7.6 | 35% |
| 2020 | 3,030,740 | 2,650,569 | 380,171 | 19.0 | 40% |
| 2021 | 5,706,120 | 3,358,528 | 2,347,592 | 23.4 | 31% |
| 2022 | 5,862,903 | 5,029,741 | 833,162 | 17.1 | 33% |
| 2023 | 6,700,594 | 6,489,733 | 210,861 | 13.7 | 32% |
In its most recent public year (2023), this organization brought in $210,861 more than it spent. Its reserves stood at about 13.7 months of spending, up from 8 in 2011. Staff pay was 32% 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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