Ludington Area Convention & Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 416,758 | 277,111 | 139,647 | 11.1 | 0% |
| 2012 | 549,614 | 496,665 | 52,949 | 7.5 | 0% |
| 2013 | 628,015 | 642,471 | −14,456 | 5.5 | 0% |
| 2014 | 743,306 | 660,245 | 83,061 | 6.9 | 0% |
| 2015 | 738,878 | 799,403 | −60,525 | 4.8 | 0% |
| 2016 | 769,603 | 682,044 | 87,559 | 7.1 | 0% |
| 2017 | 839,052 | 743,357 | 95,695 | 8.1 | 0% |
| 2018 | 868,151 | 802,271 | 65,880 | 8.8 | 0% |
| 2019 | 872,335 | 977,675 | −105,340 | 5.9 | 0% |
| 2020 | 732,822 | 686,037 | 46,785 | 9.3 | 0% |
| 2021 | 1,042,410 | 774,333 | 268,077 | 12.4 | 0% |
| 2022 | 1,098,432 | 862,517 | 235,915 | 14.4 | 0% |
| 2023 | 1,071,319 | 1,279,922 | −208,603 | 7.7 | 0% |
In its most recent public year (2023), this organization spent $208,603 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 11.1 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
Ludington Area Convention & Visitors 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