Richmond Metropolitan Convention & Vistors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,250,573 | 4,683,463 | −432,890 | 2.2 | 39% |
| 2013 | 4,749,473 | 4,613,338 | 136,135 | 2.6 | 41% |
| 2014 | 4,658,132 | 4,707,689 | −49,557 | 2.5 | 41% |
| 2015 | 4,941,636 | 4,743,770 | 197,866 | 2.9 | 43% |
| 2016 | 5,454,485 | 5,313,172 | 141,313 | 2.9 | 5% |
| 2017 | 5,961,729 | 5,592,423 | 369,306 | 3.6 | 4% |
| 2018 | 6,381,915 | 5,885,409 | 496,506 | 4.4 | 4% |
| 2019 | 6,872,876 | 6,460,876 | 412,000 | 4.8 | 37% |
| 2020 | 6,763,761 | 5,945,903 | 817,858 | 6.9 | 40% |
| 2021 | 8,138,093 | 5,942,860 | 2,195,233 | 11.3 | 4% |
| 2022 | 6,903,665 | 7,081,797 | −178,132 | 9.2 | 4% |
| 2023 | 6,800,653 | 8,868,553 | −2,067,900 | 4.5 | 3% |
| 2024 | 18,502,068 | 13,005,517 | 5,496,551 | 8.2 | 26% |
In its most recent public year (2024), this organization brought in $5,496,551 more than it spent. Its reserves stood at about 8.2 months of spending, up from 2.2 in 2012. Staff pay was 26% of spending. $281,071 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 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
Richmond Metropolitan Convention & Vistors Bureau's IRS filings as a feed — one entry per filing year, through 2024. 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