Charleston Area Convention & Visitors Bureau is a 501(c)(6) organization based in Charleston, South Carolina, registered in 2002, with $32,336,553 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$32.3M
▲ 1.9% vs prior year
Community median: $184K
Expenses (FY2023)
$30.3M
Net assets
$17.1M
Employees
—
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 →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 Charleston Area Convention & Visitors Bureau— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Charleston Area Convention & Visitors Bureau: 7 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
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 Charleston Area Convention & Visitors Bureau— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Charleston Area Convention & Visitors Bureau: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $14.4M (FY2014) to $32.3M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.2M
Total liabilities
$6.1M
Net assets
$17.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $32,336,553▲1.9% | $30,299,456▲5.8% | $17,099,918▲13.5% | $23,239,836▲10.1% | 990 |
| 2022 | $31,720,548▲6.5% | $28,651,937▲18.1% | $15,062,821▲25.6% | $21,116,309▲22.7% | 990 |
| 2021 | $29,781,081▲49.5% | $24,266,907▲44.9% | $11,994,210▲85.1% | $17,210,458▲24.1% | 990 |
| 2020 | $19,916,922▲5.5% | $16,752,352▼12.3% | $6,480,036▲95.4% | $13,871,634▲57.2% | 990 |
| 2019 | $18,884,277▼4.3% | $19,108,047▼5.2% | $3,315,466▼6.3% | $8,826,040▲23.6% | 990 |
| 2018 | $19,736,343▲2.7% | $20,164,732▲1.6% | $3,539,236▼10.8% | $7,142,974▲31.5% | 990 |
| 2017 | $19,210,801▲10.3% | $19,851,260▲19.4% | $3,967,625▼13.9% | $5,431,955▼3.1% | 990 |
| 2016 | $17,409,840▲9.2% | $16,620,075▲4.3% | $4,608,084▲20.7% | $5,605,183▲10.0% | 990 |
| 2015 | $15,944,911▲11.0% | $15,939,679▲13.7% | $3,818,319▲0.1% | $5,094,930▼1.8% | 990 |
| 2014 | $14,363,082 | $14,020,786▲38.9% | $3,813,087▼17.7% | $5,185,995▼14.0% | 990 |
| 2011 | — | $10,096,140▲3.6% | $4,632,594▲38.8% | $6,031,830▲39.7% | 990 |
| 2010 | — | $9,748,519 | $3,337,809 | $4,318,887 | 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.
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Data for Charleston Area Convention & Visitors Bureau (EIN 03-0386059) 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.