Greater Minocqua Area Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 683,623 | 654,897 | 28,726 | 4.1 | 26% |
| 2021 | 975,034 | 729,904 | 245,130 | 7.7 | 21% |
| 2022 | 877,439 | 890,578 | −13,139 | 6.1 | 19% |
| 2023 | 1,042,298 | 916,996 | 125,302 | 7.6 | 19% |
In its most recent public year (2023), this organization brought in $125,302 more than it spent. Its reserves stood at about 7.6 months of spending, up from 4.1 in 2020. Staff pay was 19% 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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