Maryland Hotel And Lodging Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 375,234 | 436,868 | −61,634 | 3.8 | 30% |
| 2012 | 468,958 | 471,492 | −2,534 | 3.5 | 43% |
| 2013 | 337,803 | 388,437 | −50,634 | 2.6 | 39% |
| 2014 | 317,277 | 312,397 | 4,880 | 3.5 | 48% |
| 2015 | 341,008 | 275,488 | 65,520 | 6.8 | 48% |
| 2016 | 339,782 | 265,726 | 74,056 | 10.4 | 39% |
| 2017 | 381,582 | 325,089 | 56,493 | 10.6 | 36% |
| 2018 | 421,642 | 368,161 | 53,481 | 11.1 | 35% |
| 2019 | 441,896 | 338,572 | 103,324 | 15.7 | 36% |
| 2020 | 267,479 | 308,370 | −40,891 | 15.7 | 57% |
| 2021 | 366,052 | 267,904 | 98,148 | 22.4 | 52% |
| 2022 | 473,739 | 398,617 | 75,122 | 17.3 | 52% |
| 2023 | 538,320 | 450,737 | 87,583 | 17.7 | 49% |
In its most recent public year (2023), this organization brought in $87,583 more than it spent. Its reserves stood at about 17.7 months of spending, up from 3.8 in 2011. Staff pay was 49% 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
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