Maryland Tourism Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 214,893 | 186,676 | 28,217 | 5.1 | 0% |
| 2012 | 38,842 | 72,018 | −33,176 | 8.3 | — |
| 2013 | 26,116 | 58,564 | −32,448 | 11.3 | — |
| 2014 | 25,953 | 26,020 | −67 | 25.4 | — |
| 2015 | 23,610 | 23,346 | 264 | 27.4 | — |
| 2016 | 32,296 | 30,508 | 1,788 | 22.5 | — |
| 2017 | 29,393 | 29,944 | −551 | 22.9 | — |
| 2018 | 19,847 | 31,272 | −11,425 | 17.4 | — |
| 2019 | 23,135 | 19,724 | 3,411 | 29.7 | — |
In its most recent public year (2019), this organization brought in $3,411 more than it spent. Its reserves stood at about 29.7 months of spending, up from 5.1 in 2011.
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 2019. 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
Maryland Tourism Education Foundation Inc's IRS filings as a feed — one entry per filing year, through 2019. 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