S โ€” Community Improvement & Capacity BuildingEIN: 411696432ยท Ruling Year: 1993

Bloomington Convention And Visitors Bureau

Bloomington, Minnesota

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$6.1M
Total Revenue
๐Ÿ“Š
$5.9M
Total Expenses
๐Ÿฆ
$4.0M
Net Assets
๐Ÿ“‹
$4.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
53.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,058,251โ†‘8%$5,861,763โ†‘25%$8,622,425โ†‘4%
2022$5,604,990โ†‘31%$4,693,311โ†‘51%$8,311,917โ†‘133%
2021$4,284,977โ†‘71%$3,113,628โ†“12%$3,565,266โ†‘51%
2020$2,501,429โ†“62%$3,544,514โ†“46%$2,365,156โ†“35%
2019$6,623,223โ†‘1%$6,619,237โ†‘3%$3,664,178โ†‘1%
2018$6,579,077โ†‘11%$6,406,356โ†‘9%$3,633,447โ†‘12%
2017$5,904,186โ†“7%$5,897,797โ†‘2%$3,242,075โ†‘4%
2016$6,327,304โ†‘18%$5,787,203โ†‘11%$3,105,834โ†‘22%
2015$5,349,416โ†‘6%$5,217,857โ†‘9%$2,538,152โ†‘6%
2014$5,049,569โ†‘10%$4,803,534โ†‘7%$2,404,546โ†‘10%
2013$4,593,285โ†‘9%$4,494,470โ†‘5%$2,186,228โ†‘7%
2012$4,212,625โ†‘3%$4,267,784โ†‘3%$2,046,228โ†‘1%
2011$4,105,301$4,140,023$2,031,900

Frequently Asked Questions

What does Bloomington Convention And Visitors Bureau do?โ–ผ

Bloomington Convention And Visitors Bureau is a community improvement & capacity building nonprofit organization based in Minnesota. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bloomington Convention And Visitors Bureau financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Bloomington Convention And Visitors Bureau has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bloomington Convention And Visitors Bureau generate?โ–ผ

Bloomington Convention And Visitors Bureau reports $6.4M in annual revenue and holds $8.2M in total assets, based on IRS filings.

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Bloomington Convention And Visitors Bureau โ€” Bloomington, MN | GiveScope