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Fargo-Moorhead Convention & Visitors Bureau Inc
Pub 78

Fargo-Moorhead Convention & Visitors Bureau Inc
Pub 78

Fargo, ND, US
501(c)
EIN
45-0363220
Regional Funder
funder logo

Fargo-Moorhead Convention & Visitors Bureau Inc
Pub 78

Fargo, ND, US
501(c)
EIN
45-0363220
Regional Funder

Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024

$1,507,493

Program Services
95%
Investments
3%
Other
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,658,479

Grants
36%
Salaries & Benefits
25%
Offices, Occupancy & IT
15%
Other
13%
Advertising & Promotion
8%
Fees to Service Providers
3%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,225,813
$1,436,740
-66%
Membership Dues
$0
$0
-
Investments
$71,132
$46,127
-35%
Other
$49,468
$24,626
-50%
Total Revenues
$4,346,413
$1,507,493
-65%
Expenses
2023
2024
Change
Grants
$578,450
$600,229
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,027,678
$409,364
-60%
Fees to Service Providers
$157,343
$47,549
-70%
Advertising & Promotion
$451,350
$133,585
-70%
Offices, Occupancy & IT
$457,842
$247,973
-46%
Interest
$0
$0
-
Depreciation
$38,802
$12,232
-68%
Other
$753,867
$207,547
-72%
Total Expenses
$3,465,332
$1,658,479
-52%
Net income
2023
2024
Change
Net income
+$881,081
-$150,986
-117%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$3,465,332
$1,658,479
-52%
Income Statement
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