Albert Lea Convention And Visitors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 175,263 | 171,333 | 3,930 | 9.9 | — |
| 2012 | 163,761 | 178,760 | −14,999 | 8.5 | — |
| 2013 | 159,647 | 178,803 | −19,156 | 7.2 | — |
| 2014 | 180,590 | 183,004 | −2,414 | 6.9 | — |
| 2015 | 236,302 | 198,224 | 38,078 | 8.6 | 40% |
| 2016 | 245,498 | 202,929 | 42,569 | 11.0 | 42% |
| 2017 | 230,382 | 233,050 | −2,668 | 9.4 | 37% |
| 2018 | 258,125 | 238,219 | 19,906 | 10.3 | 39% |
| 2019 | 358,527 | 325,845 | 32,682 | 8.7 | 28% |
| 2020 | 150,692 | 170,779 | −20,087 | 15.2 | 46% |
| 2021 | 238,706 | 186,893 | 51,813 | 17.2 | 47% |
| 2022 | 268,177 | 223,718 | 44,459 | 16.7 | 41% |
| 2023 | 247,821 | 233,885 | 13,936 | 16.7 | 41% |
In its most recent public year (2023), this organization brought in $13,936 more than it spent. Its reserves stood at about 16.7 months of spending, up from 9.9 in 2011. Staff pay was 41% 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
Albert Lea Convention And Visitors'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