Travel Salem
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,929,947 | 3,919,458 | 10,489 | 0.5 | 10% |
| 2013 | 2,632,027 | 2,589,190 | 42,837 | 1.0 | 14% |
| 2014 | 2,822,989 | 2,798,041 | 24,948 | 1.0 | 14% |
| 2015 | 2,904,842 | 2,897,378 | 7,464 | 1.0 | 17% |
| 2017 | 3,759,241 | 3,893,599 | −134,358 | 0.9 | 16% |
| 2018 | 3,822,392 | 3,963,312 | −140,920 | 0.5 | 13% |
| 2019 | 4,411,793 | 4,247,461 | 164,332 | 0.9 | 19% |
| 2020 | 4,207,858 | 3,771,333 | 436,525 | 2.4 | 17% |
| 2021 | 4,311,015 | 3,684,927 | 626,088 | 4.5 | 14% |
| 2022 | 5,433,877 | 4,716,174 | 717,703 | 5.4 | 14% |
| 2023 | 2,928,523 | 2,302,916 | 625,607 | 14.2 | 39% |
In its most recent public year (2023), this organization brought in $625,607 more than it spent. Its reserves stood at about 14.2 months of spending, up from 0.5 in 2012. Staff pay was 39% of spending. $1,469,263 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
Travel Salem'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