Fargo Moorhead Convention & Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,098,787 | 1,799,936 | 298,851 | 14.0 | 27% |
| 2012 | 2,372,272 | 2,405,335 | −33,063 | 10.3 | 23% |
| 2013 | 2,493,004 | 2,422,523 | 70,481 | 10.6 | 23% |
| 2014 | 2,869,433 | 2,223,220 | 646,213 | 15.1 | 26% |
| 2015 | 2,873,860 | 3,050,218 | −176,358 | 10.3 | 21% |
| 2016 | 2,985,976 | 3,165,708 | −179,732 | 9.2 | 0% |
| 2017 | 3,000,961 | 2,484,433 | 516,528 | 14.3 | 29% |
| 2018 | 3,088,458 | 3,099,736 | −11,278 | 11.4 | 23% |
| 2019 | 3,195,136 | 3,368,190 | −173,054 | 9.9 | 23% |
| 2020 | 2,286,077 | 2,864,865 | −578,788 | 9.2 | 26% |
| 2021 | 2,547,498 | 2,432,574 | 114,924 | 11.4 | 25% |
| 2022 | 3,851,718 | 2,795,342 | 1,056,376 | 14.4 | 26% |
| 2023 | 1,507,493 | 1,658,479 | −150,986 | 29.6 | 21% |
In its most recent public year (2023), this organization spent $150,986 more than it brought in. Its reserves stood at about 29.6 months of spending, up from 14 in 2011. Staff pay was 21% 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
Fargo Moorhead Convention & Visitors Bureau Inc'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