Greater Grand Forks Convention & Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 929,903 | 908,825 | 21,078 | 5.0 | 32% |
| 2012 | 1,027,730 | 996,746 | 30,984 | 4.9 | 31% |
| 2013 | 1,301,774 | 1,146,023 | 155,751 | 5.9 | 30% |
| 2014 | 1,291,701 | 1,316,980 | −25,279 | 4.9 | 29% |
| 2015 | 1,188,643 | 1,140,071 | 48,572 | 6.2 | 36% |
| 2016 | 1,102,885 | 1,262,894 | −160,009 | 4.0 | 33% |
| 2017 | 1,219,380 | 1,331,875 | −112,495 | 2.8 | 32% |
| 2018 | 1,128,354 | 1,214,908 | −86,554 | 2.2 | 31% |
| 2019 | 1,148,241 | 1,178,407 | −30,166 | 3.5 | 32% |
| 2020 | 753,787 | 891,221 | −137,434 | 2.7 | 36% |
| 2021 | 1,017,150 | 905,940 | 111,210 | 8.7 | 34% |
| 2022 | 1,332,447 | 1,292,637 | 39,810 | 5.7 | 29% |
| 2023 | 1,591,190 | 1,405,848 | 185,342 | 6.2 | 30% |
In its most recent public year (2023), this organization brought in $185,342 more than it spent. Its reserves stood at about 6.2 months of spending, up from 5 in 2011. Staff pay was 30% of spending. $183,598 of its net assets are donor-restricted.
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
Greater Grand Forks 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