Greater Ontario Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,184,690 | 2,308,364 | −123,674 | -0.6 | 0% |
| 2015 | 2,423,950 | 2,655,773 | −231,823 | -1.6 | 0% |
| 2019 | 3,196,618 | 3,577,340 | −380,722 | -3.0 | 0% |
| 2023 | 3,729,066 | 4,843,247 | −1,114,181 | -3.0 | 0% |
| 2024 | 5,343,606 | 4,925,170 | 418,436 | -1.9 | 0% |
In its most recent public year (2024), this organization brought in $418,436 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from -0.6 in 2014. Staff pay was 0% 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 2024. 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
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