Fairbanks Convention And Visitors Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,660,523 | 2,794,701 | −134,178 | 9.2 | 47% |
| 2021 | 5,662,617 | 5,785,752 | −123,135 | 4.5 | 42% |
| 2022 | 4,788,348 | 3,544,488 | 1,243,860 | 12.8 | 39% |
| 2023 | 5,633,326 | 4,076,910 | 1,556,416 | 17.4 | 0% |
In its most recent public year (2023), this organization brought in $1,556,416 more than it spent. Its reserves stood at about 17.4 months of spending, up from 9.2 in 2020. Staff pay was 0% of spending. $6,893 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
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