Marconi Conference Center Operating Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,370,976 | 1,771,967 | −400,991 | 21.4 | 34% |
| 2013 | 1,440,031 | 1,781,035 | −341,004 | 19.0 | 35% |
| 2014 | 1,652,112 | 1,849,125 | −197,013 | 17.0 | 35% |
| 2015 | 1,601,025 | 1,873,675 | −272,650 | 15.0 | 36% |
| 2016 | 2,124,788 | 2,107,107 | 17,681 | 13.4 | 37% |
| 2017 | 1,772,360 | 2,236,161 | −463,801 | 10.2 | 44% |
| 2018 | 1,978,794 | 2,219,065 | −240,271 | 9.0 | 44% |
| 2019 | 2,139,661 | 2,129,478 | 10,183 | 9.4 | 45% |
| 2020 | 1,419,568 | 1,884,784 | −465,216 | 7.7 | 48% |
| 2021 | 224,941 | 457,860 | −232,919 | 25.4 | 18% |
| 2022 | 84,043 | 1,243,560 | −1,159,517 | -1.8 | — |
| 2023 | 10 | 22,428 | −22,418 | -114.1 | — |
In its most recent public year (2023), this organization spent $22,418 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-114.1 months), down from 21.4 in 2012.
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
Marconi Conference Center Operating 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