Minnesota Northwoods Tourism Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 102,756 | 151,658 | −48,902 | 10.6 | 0% |
| 2012 | 100,791 | 117,123 | −16,332 | 12.0 | 0% |
| 2013 | 86,862 | 62,701 | 24,161 | 27.1 | 0% |
| 2014 | 85,299 | 114,507 | −29,208 | 11.8 | — |
| 2015 | 80,265 | 116,990 | −36,725 | 7.7 | — |
| 2016 | 59,276 | 55,021 | 4,255 | 17.4 | — |
| 2017 | 63,234 | 55,300 | 7,934 | 19.0 | — |
| 2018 | 70,721 | 57,782 | 12,939 | 20.9 | — |
| 2019 | 69,885 | 56,126 | 13,759 | 24.5 | — |
| 2020 | 76,456 | 47,008 | 29,448 | 36.7 | — |
| 2021 | 83,178 | 31,986 | 51,192 | 73.2 | — |
| 2022 | 66,337 | 22,254 | 44,083 | 128.9 | — |
| 2023 | 72,767 | 87,495 | −14,728 | 30.8 | — |
In its most recent public year (2023), this organization spent $14,728 more than it brought in. Its reserves stood at about 30.8 months of spending, up from 10.6 in 2011.
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
Minnesota Northwoods Tourism 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