Albany County Convention & Visitors Bureau Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Albany County Convention & Visitors Bureau Inc is a 501(c)(6) organization based in Albany, New York, registered in 1980, with $2,291,322 in FY2024 revenue. CharityIndex grades it B.
25 Quackenbush Sq, Albany, NY, 12207 EIN 51-0233241 Since 1980
Revenue (FY2024)
$2.3M
▲ 8.0% vs prior year
Expenses (FY2024)
$2.1M
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Albany County Convention & Visitors Bureau Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albany County Convention & Visitors Bureau Inc: 14 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Albany County Convention & Visitors Bureau Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albany County Convention & Visitors Bureau Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.0M (FY2015) to $2.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $278KNet assets $2.4M
Operating margin
9.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$278K
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,291,322▲8.0% | $2,071,681▲8.8% | $2,382,275▲13.7% | $2,660,359▲12.6% | 990 |
| 2023 | $2,120,636▲6.9% | $1,904,976▲10.7% | $2,096,079▲14.7% | $2,362,571▲13.4% | 990 |
| 2022 | $1,984,293▲32.9% | $1,721,016▲9.0% | $1,827,047▲10.7% | $2,082,849▼5.8% | 990 |
| 2021 | $1,493,574▲30.6% | $1,579,320▲10.9% | $1,650,468▼7.2% | $2,211,500▲6.0% | 990 |
| 2020 | $1,143,287▼40.4% | $1,423,865▼26.2% | $1,778,838▼11.4% | $2,086,813▼3.5% | 990 |
| 2019 | $1,917,729▼0.7% | $1,928,754▲7.0% | $2,008,182▲2.4% | $2,163,255▲1.8% | 990 |
| 2018 | $1,930,975▼1.3% | $1,802,194▼5.9% | $1,962,005▲4.7% | $2,124,977▲2.4% | 990 |
| 2017 | $1,955,999▼3.8% | $1,914,667▼2.5% | $1,874,758▲2.6% | $2,075,590▲1.6% | 990 |
| 2016 | $2,032,345▲1.8% | $1,963,197▲3.3% | $1,828,018▲5.1% | $2,043,206▲8.7% | 990 |
| 2015 | $1,996,023 | $1,900,764 | $1,739,482 | $1,879,193 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Albany County Convention & Visitors Bureau Inc a legitimate nonprofit?
- Yes. Albany County Convention & Visitors Bureau Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 51-0233241, based in Albany, New York.
- What is Albany County Convention & Visitors Bureau Inc's EIN?
- Albany County Convention & Visitors Bureau Inc's Employer Identification Number (EIN) is 51-0233241.
- How much revenue does Albany County Convention & Visitors Bureau Inc report?
- Albany County Convention & Visitors Bureau Inc reported $2,291,322 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albany County Convention & Visitors Bureau Inc have?
- CharityIndex grades Albany County Convention & Visitors Bureau Inc B, based on financial health (reserves and operating margin).
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Data for Albany County Convention & Visitors Bureau Inc (EIN 51-0233241) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.