International Falls & Rainy Lake Convention & Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 194,479 | 180,249 | 14,230 | 1.1 | 19% |
| 2013 | 161,276 | 153,456 | 7,820 | 1.9 | 22% |
| 2014 | 185,188 | 178,288 | 6,900 | 2.1 | 21% |
| 2015 | 173,568 | 176,462 | −2,894 | 1.9 | 23% |
| 2016 | 192,262 | 174,175 | 18,087 | 3.2 | 26% |
| 2017 | 184,932 | 207,470 | −22,538 | 1.4 | 22% |
| 2018 | 182,913 | 183,556 | −643 | 1.5 | 26% |
| 2019 | 202,204 | 196,678 | 5,526 | 1.7 | 24% |
| 2020 | 166,466 | 176,907 | −10,441 | 1.2 | 28% |
| 2021 | 203,034 | 139,809 | 63,225 | 7.0 | 36% |
| 2022 | 200,246 | 122,626 | 77,620 | 15.5 | 25% |
In its most recent public year (2022), this organization brought in $77,620 more than it spent. Its reserves stood at about 15.5 months of spending, up from 1.1 in 2012. Staff pay was 25% 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 2022. 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
International Falls & Rainy Lake Convention & Visitors Bureau's IRS filings as a feed — one entry per filing year, through 2022. 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