North Metro Minneapolis Convention & Vistors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,086,529 | 1,031,250 | 55,279 | 4.6 | 39% |
| 2012 | 1,143,600 | 1,020,672 | 122,928 | 6.1 | 40% |
| 2013 | 1,265,788 | 1,171,507 | 94,281 | 6.3 | 37% |
| 2014 | 1,369,381 | 1,195,871 | 173,510 | 7.9 | 37% |
| 2015 | 1,488,333 | 1,331,168 | 157,165 | 9.1 | 37% |
| 2016 | 1,615,178 | 1,328,029 | 287,149 | 11.7 | 35% |
| 2017 | 1,620,171 | 1,730,263 | −110,092 | 8.2 | 30% |
| 2018 | 1,664,728 | 1,910,429 | −245,701 | 5.9 | 28% |
| 2019 | 1,733,180 | 1,805,965 | −72,785 | 5.9 | 32% |
| 2020 | 851,711 | 1,126,625 | −274,914 | 6.4 | 34% |
| 2021 | 1,372,355 | 1,095,722 | 276,633 | 9.6 | 45% |
| 2022 | 870,822 | 804,791 | 66,031 | 13.2 | 41% |
| 2023 | 959,655 | 765,174 | 194,481 | 16.9 | 36% |
In its most recent public year (2023), this organization brought in $194,481 more than it spent. Its reserves stood at about 16.9 months of spending, up from 4.6 in 2011. Staff pay was 36% 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
North Metro Minneapolis Convention & Vistors 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