Minot Convention & Visitors Bureau Inc is a 501(c)(6) organization based in Minot, North Dakota, registered in 1995, with $1,492,195 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▲ 69.4% vs prior year
Expenses (FY2024)
$1.4M
Net assets
$1.3M
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 Minot 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 →
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 Minot Convention & Visitors Bureau Inc: 12 mo reserves · +9% 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 Minot 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 →
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 Minot Convention & Visitors Bureau Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.2M (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
8.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$60K
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,492,195▲69.4% | $1,358,715▲72.7% | $1,333,063▲11.1% | $1,393,508▲11.4% | 990 |
| 2023 | $881,097 | $786,922▲19.3% | $1,199,583▲8.5% | $1,250,505▲8.8% | 990 |
| 2022 | $881,326▲18.6% | $659,491▲24.0% | $1,105,408▲25.1% | $1,149,578▲24.8% | 990 |
| 2021 | $743,160▲72.1% | $531,863▲10.1% | $883,573▲31.2% | $921,179▲28.1% | 990 |
| 2020 | $431,901▼35.4% | $483,216▼7.7% | $673,522▼7.1% | $719,323▼6.3% | 990 |
| 2019 | $668,881▲11.0% | $523,605▼9.5% | $724,837▲25.1% | $767,412▲22.4% | 990 |
| 2018 | $602,790▲0.7% | $578,677▲36.9% | $579,561▲4.3% | $626,727▲6.8% | 990 |
| 2017 | $598,731▼5.3% | $422,730▼36.7% | $555,448▲46.4% | $586,704▲44.8% | 990 |
| 2016 | $632,434▼34.4% | $668,018▼35.0% | $379,447▼8.6% | $405,276▼12.4% | 990 |
| 2015 | $963,491▼19.8% | $1,028,027▼20.0% | $415,031▼13.5% | $462,905▼25.3% | 990 |
| 2014 | $1,201,071▲0.2% | $1,285,369▼2.4% | $479,567▼15.0% | $619,850▼6.4% | 990 |
| 2013 | $1,199,218 | $1,316,738▲3.2% | $563,865▼17.2% | $662,434▼13.1% | 990 |
| 2012 | — | $1,275,720▲19.4% | $681,385▼8.7% | $762,711▼2.9% | 990 |
| 2011 | — | $1,068,531▲45.6% | $745,981▼3.3% | $785,315▼2.7% | 990 |
| 2010 | — | $734,085 | $771,155 | $806,727 | 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 Minot Convention & Visitors Bureau Inc (EIN 45-0435926) 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.