Mobile Convention & Visitors Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,554,630 | 3,580,661 | −26,031 | 2.7 | 31% |
| 2012 | 3,199,078 | 3,167,793 | 31,285 | 3.2 | 32% |
| 2013 | 3,354,067 | 3,159,567 | 194,500 | 3.9 | 29% |
| 2014 | 3,588,868 | 3,852,610 | −263,742 | 2.4 | 25% |
| 2015 | 3,494,628 | 3,510,634 | −16,006 | 2.6 | 29% |
| 2017 | 3,788,569 | 3,584,950 | 203,619 | 4.5 | 28% |
| 2018 | 3,845,750 | 3,934,357 | −88,607 | 3.9 | 27% |
| 2019 | 3,685,148 | 3,738,947 | −53,799 | 3.9 | 31% |
| 2020 | 3,423,697 | 2,794,004 | 629,693 | 7.9 | 38% |
| 2021 | 3,833,596 | 3,372,363 | 461,233 | 8.2 | 33% |
| 2022 | 4,602,432 | 4,484,816 | 117,616 | 6.5 | 28% |
| 2023 | 5,195,285 | 4,917,063 | 278,222 | 6.6 | 30% |
In its most recent public year (2023), this organization brought in $278,222 more than it spent. Its reserves stood at about 6.6 months of spending, up from 2.7 in 2011. Staff pay was 30% of spending. $97,600 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
Mobile Convention & Visitors Corporation'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