Watertown Convention & Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 458,946 | 483,634 | −24,688 | 7.8 | 17% |
| 2012 | 470,478 | 456,467 | 14,011 | 8.6 | 17% |
| 2013 | 471,094 | 468,521 | 2,573 | 8.5 | 21% |
| 2014 | 471,458 | 473,811 | −2,353 | 8.3 | 22% |
| 2015 | 474,161 | 494,402 | −20,241 | 7.5 | 19% |
| 2016 | 506,169 | 512,060 | −5,891 | 7.1 | 19% |
| 2017 | 511,063 | 526,357 | −15,294 | 6.6 | 21% |
| 2018 | 532,834 | 475,545 | 57,289 | 8.7 | 25% |
| 2019 | 584,422 | 555,668 | 28,754 | 8.1 | 25% |
| 2020 | 814,610 | 555,992 | 258,618 | 13.6 | 23% |
| 2021 | 603,478 | 523,533 | 79,945 | 16.3 | 30% |
| 2022 | 630,249 | 672,398 | −42,149 | 12.0 | 25% |
| 2023 | 650,348 | 703,136 | −52,788 | 11.1 | 25% |
In its most recent public year (2023), this organization spent $52,788 more than it brought in. Its reserves stood at about 11.1 months of spending, up from 7.8 in 2011. Staff pay was 25% of spending. $430,036 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 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
Watertown Convention & Visitors Bureau Inc's IRS filings as a feed — one entry per filing year, through 2023. 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