Memphis Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,177,832 | 7,672,594 | 505,238 | 20.1 | 37% |
| 2012 | 8,115,323 | 8,062,279 | 53,044 | 19.2 | 33% |
| 2013 | 8,600,346 | 8,255,999 | 344,347 | 19.3 | 34% |
| 2014 | 9,340,557 | 8,550,109 | 790,448 | 19.7 | 33% |
| 2015 | 9,699,266 | 8,854,196 | 845,070 | 20.2 | 34% |
| 2016 | 16,418,198 | 9,691,695 | 6,726,503 | 26.8 | 30% |
| 2017 | 19,974,263 | 13,086,389 | 6,887,874 | 26.2 | 26% |
| 2018 | 16,149,071 | 13,746,282 | 2,402,789 | 27.0 | 28% |
| 2019 | 17,195,460 | 14,936,706 | 2,258,754 | 26.7 | 28% |
| 2020 | 17,172,027 | 14,759,905 | 2,412,122 | 28.2 | 30% |
| 2022 | 18,472,607 | 14,540,287 | 3,932,320 | 35.5 | 26% |
| 2023 | 19,186,089 | 17,040,937 | 2,145,152 | 31.4 | 24% |
In its most recent public year (2023), this organization brought in $2,145,152 more than it spent. Its reserves stood at about 31.4 months of spending, up from 20.1 in 2011. Staff pay was 24% of spending. $12,320,404 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
Memphis Convention And Visitors Bureau'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