Destination Kent Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 34,393 | 16,335 | 18,058 | 13.3 | — |
| 2017 | 29,885 | 19,432 | 10,453 | 17.6 | — |
| 2018 | 59,862 | 39,547 | 20,315 | 14.8 | — |
| 2019 | 46,195 | 44,219 | 1,976 | 13.8 | — |
| 2020 | 23,221 | 39,760 | −16,539 | 10.3 | — |
| 2021 | 26,165 | 13,117 | 13,048 | 43.3 | — |
| 2022 | 46,160 | 26,830 | 19,330 | 29.8 | — |
| 2023 | 50,624 | 29,971 | 20,653 | 35.0 | — |
In its most recent public year (2023), this organization brought in $20,653 more than it spent. Its reserves stood at about 35 months of spending, up from 13.3 in 2016.
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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