Midland County Convention And Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 837,596 | 714,291 | 123,305 | 5.8 | 0% |
| 2012 | 879,143 | 749,871 | 129,272 | 7.6 | 0% |
| 2013 | 867,267 | 777,360 | 89,907 | 8.7 | 0% |
| 2014 | 975,789 | 818,768 | 157,021 | 10.6 | 0% |
| 2015 | 916,820 | 807,190 | 109,630 | 12.4 | 0% |
| 2016 | 966,642 | 843,258 | 123,384 | 13.6 | 0% |
| 2017 | 1,088,213 | 985,839 | 102,374 | 12.9 | 0% |
| 2018 | 1,100,631 | 970,225 | 130,406 | 14.7 | 0% |
| 2019 | 1,045,919 | 1,094,681 | −48,762 | 12.5 | 0% |
| 2020 | 394,261 | 674,471 | −280,210 | 15.3 | 0% |
| 2021 | 699,384 | 828,151 | −128,767 | 10.6 | 0% |
| 2022 | 920,205 | 1,212,172 | −291,967 | 4.3 | 0% |
| 2023 | 1,063,575 | 953,206 | 110,369 | 6.9 | 0% |
In its most recent public year (2023), this organization brought in $110,369 more than it spent. Its reserves stood at about 6.9 months of spending, up from 5.8 in 2011. Staff pay was 0% 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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