Rochester Mn Convention & Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,790,145 | 1,839,898 | −49,753 | 0.4 | 32% |
| 2012 | 1,871,901 | 1,732,954 | 138,947 | 1.4 | 34% |
| 2013 | 2,199,173 | 1,842,628 | 356,545 | 3.6 | 32% |
| 2014 | 2,237,585 | 2,046,197 | 191,388 | 4.4 | 32% |
| 2015 | 2,514,469 | 2,165,363 | 349,106 | 6.1 | 33% |
| 2016 | 2,506,697 | 2,461,512 | 45,185 | 5.5 | 34% |
| 2017 | 2,785,240 | 3,070,107 | −284,867 | 3.3 | 29% |
| 2018 | 2,901,429 | 2,874,589 | 26,840 | 3.6 | 31% |
| 2019 | 3,074,246 | 2,715,514 | 358,732 | 5.5 | 35% |
| 2020 | 6,134,775 | 5,165,329 | 969,446 | 5.1 | 12% |
| 2021 | 6,781,864 | 6,938,482 | −156,618 | 3.5 | 14% |
| 2022 | 10,988,617 | 11,636,562 | −647,945 | 1.4 | 11% |
| 2023 | 11,902,792 | 12,464,284 | −561,492 | 0.8 | 11% |
In its most recent public year (2023), this organization spent $561,492 more than it brought in. Its reserves stood at about 0.8 months of spending. Staff pay was 11% 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
Rochester Mn 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