Hospitality Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 461,915 | 446,614 | 15,301 | 28.1 | 0% |
| 2013 | 476,963 | 460,394 | 16,569 | 27.8 | 0% |
| 2014 | 487,287 | 567,228 | −79,941 | 20.9 | 0% |
| 2015 | 524,880 | 553,957 | −29,077 | 22.1 | 0% |
| 2016 | 521,675 | 493,651 | 28,024 | 25.3 | 0% |
| 2017 | 507,074 | 681,993 | −174,919 | 15.6 | 0% |
| 2018 | 572,817 | 570,714 | 2,103 | 19.3 | 0% |
| 2019 | 511,707 | 543,422 | −31,715 | 18.7 | 0% |
| 2020 | 415,114 | 507,931 | −92,817 | 22.3 | 0% |
| 2021 | 728,340 | 667,384 | 60,956 | 17.5 | 71% |
| 2022 | 801,334 | 880,006 | −78,672 | 11.2 | 69% |
| 2023 | 856,399 | 1,054,968 | −198,569 | 7.7 | 61% |
In its most recent public year (2023), this organization spent $198,569 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 28.1 in 2012. Staff pay was 61% 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
Hospitality Minnesota'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