Summersville Convention And Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 332,905 | 300,740 | 32,165 | 7.9 | 26% |
| 2020 | 270,393 | 293,681 | −23,288 | 7.2 | 23% |
| 2021 | 169,482 | 147,183 | 22,299 | 16.1 | 23% |
| 2022 | 256,186 | 155,839 | 100,347 | 20.6 | 18% |
| 2023 | 284,869 | 221,156 | 63,713 | 17.9 | 16% |
In its most recent public year (2023), this organization brought in $63,713 more than it spent. Its reserves stood at about 17.9 months of spending, up from 7.9 in 2019. Staff pay was 16% 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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