Michigan Association Of Convention & Visitor Bureaus
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,391 | 77,148 | −4,757 | 5.4 | — |
| 2012 | 81,275 | 71,893 | 9,382 | 7.3 | — |
| 2013 | 85,047 | 79,892 | 5,155 | 7.4 | — |
| 2014 | 84,808 | 82,196 | 2,612 | 7.6 | — |
| 2015 | 97,049 | 91,701 | 5,348 | 7.5 | — |
| 2016 | 98,417 | 92,843 | 5,574 | 8.1 | — |
| 2017 | 108,474 | 101,306 | 7,168 | 8.3 | — |
| 2018 | 144,605 | 142,489 | 2,116 | 6.1 | — |
| 2019 | 156,527 | 158,258 | −1,731 | 5.3 | — |
| 2020 | 398,566 | 339,492 | 59,074 | 4.6 | 0% |
| 2021 | 364,158 | 303,380 | 60,778 | 7.5 | 0% |
| 2022 | 491,597 | 378,638 | 112,959 | 9.6 | 0% |
| 2023 | 554,300 | 471,562 | 82,738 | 9.8 | 0% |
In its most recent public year (2023), this organization brought in $82,738 more than it spent. Its reserves stood at about 9.8 months of spending, up from 5.4 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
Michigan Association Of Convention & Visitor Bureaus'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