Long Beach Area Convention And Visitors Bureau Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,405,286 | 7,145,624 | 259,662 | 2.1 | 42% |
| 2012 | 7,572,398 | 7,572,163 | 235 | 2.0 | 42% |
| 2013 | 7,891,411 | 7,977,749 | −86,338 | 1.7 | 42% |
| 2014 | 8,530,401 | 8,735,691 | −205,290 | 1.3 | 38% |
| 2015 | 9,156,574 | 8,824,280 | 332,294 | 1.7 | 39% |
| 2016 | 10,011,783 | 9,286,142 | 725,641 | 2.6 | 36% |
| 2017 | 10,357,894 | 10,444,347 | −86,453 | 2.2 | 36% |
| 2018 | 10,943,646 | 10,760,519 | 183,127 | 2.3 | 35% |
| 2019 | 11,321,131 | 11,239,907 | 81,224 | 2.3 | 35% |
| 2020 | 8,434,441 | 8,671,091 | −236,650 | 2.7 | 36% |
| 2021 | 9,189,036 | 8,455,773 | 733,263 | 3.8 | 33% |
| 2022 | 11,286,351 | 10,266,501 | 1,019,850 | 4.3 | 37% |
| 2023 | 11,540,721 | 10,696,102 | 844,619 | 5.1 | 41% |
In its most recent public year (2023), this organization brought in $844,619 more than it spent. Its reserves stood at about 5.1 months of spending, up from 2.1 in 2011. Staff pay was 41% of spending.
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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