Greater Beaufort-Port Royal Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,131,327 | 1,076,049 | 55,278 | 4.6 | 28% |
| 2022 | 1,266,706 | 1,157,826 | 108,880 | 5.0 | 27% |
| 2023 | 1,367,852 | 1,251,300 | 116,552 | 5.7 | 30% |
In its most recent public year (2023), this organization brought in $116,552 more than it spent. Its reserves stood at about 5.7 months of spending, up from 4.6 in 2021. Staff pay was 30% 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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