Mobile Convention & Visitors Corporation
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Mobile Convention & Visitors Corporation is a 501(c)(6) organization based in Mobile, Alabama, registered in 1989, with $5,193,590 in FY2023 revenue. CharityIndex grades it B.
1 S Water St, Mobile, AL, 36602 EIN 63-0968703 Since 1989
Revenue (FY2023)
$5.2M
▼ 0.0% vs prior year
Expenses (FY2023)
$4.8M
Net assets
$3.1M
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 Mobile Convention & Visitors Corporation— 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 rating8 mo reserves · +8% 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 Mobile Convention & Visitors Corporation: 8 mo reserves · +8% 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 Mobile Convention & Visitors Corporation— 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 Mobile Convention & Visitors Corporation: 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 $3.6M (FY2013) to $5.2M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $913KNet assets $3.1M
Operating margin
8.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$913K
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,193,590 | $4,758,087▼3.2% | $3,136,717▲16.1% | $4,050,141▼15.7% | 990 |
| 2022 | $5,195,285▲12.9% | $4,917,063▲9.6% | $2,701,218▲11.5% | $4,802,162▲66.7% | 990 |
| 2021 | $4,602,432▲20.1% | $4,484,816▲33.0% | $2,422,993▲5.1% | $2,880,477▲5.9% | 990 |
| 2020 | $3,833,596▲12.0% | $3,372,363▲20.7% | $2,305,377▲25.0% | $2,719,162▲25.6% | 990 |
| 2019 | $3,423,697▼7.1% | $2,794,004▼25.3% | $1,844,144▲51.9% | $2,165,655▲42.1% | 990 |
| 2018 | $3,685,148▼4.2% | $3,738,947▼5.0% | $1,214,451▼4.2% | $1,523,874▲3.8% | 990 |
| 2017 | $3,845,750▲1.5% | $3,934,357▲9.7% | $1,268,250▼6.5% | $1,467,902▼6.3% | 990 |
| 2016 | $3,788,569▲8.4% | $3,584,950▲2.1% | $1,356,856▲75.1% | $1,567,282▲27.7% | 990 |
| 2014 | $3,494,628▼2.6% | $3,510,634▼8.9% | $774,905▲0.1% | $1,227,205▼16.7% | 990 |
| 2013 | $3,588,868 | $3,852,610▲21.6% | $774,263▼8.3% | $1,473,931▼9.9% | 990 |
| 2011 | — | $3,167,793 | $844,659 | $1,635,693 | 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 Mobile Convention & Visitors Corporation a legitimate nonprofit?
- Yes. Mobile Convention & Visitors Corporation is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 63-0968703, based in Mobile, Alabama.
- What is Mobile Convention & Visitors Corporation's EIN?
- Mobile Convention & Visitors Corporation's Employer Identification Number (EIN) is 63-0968703.
- How much revenue does Mobile Convention & Visitors Corporation report?
- Mobile Convention & Visitors Corporation reported $5,193,590 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mobile Convention & Visitors Corporation have?
- CharityIndex grades Mobile Convention & Visitors Corporation B, based on financial health (reserves and operating margin).
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Data for Mobile Convention & Visitors Corporation (EIN 63-0968703) 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.