Rochester Mn Convention & Visitors Bureau
501(c)(6)
Only null% goes to programs Growing revenue
Rochester Mn Convention & Visitors Bureau is a 501(c)(6) organization based in Rochester, Minnesota, registered in 1990, with $14,685,628 in FY2024 revenue. CharityIndex grades it C+.
30 Civic Center Dr Se Ste 200, Rochester, MN, 55904 EIN 41-1625680 Since 1990
Revenue (FY2024)
$14.7M
▲ 23.4% vs prior year
Expenses (FY2024)
$14.3M
Net assets
$1.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Rochester Mn 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 →
C+Financial health25% of the rating1 mo reserves · +3% 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 Rochester Mn Convention & Visitors Bureau: 1 mo reserves · +3% margin earns a C+ 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 Rochester Mn 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 →
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 Rochester Mn Convention & Visitors Bureau: 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 $2.2M (FY2013) to $14.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.8MNet assets $1.2M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$2.8M
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,685,628▲23.4% | $14,277,073▲14.5% | $1,242,436▲49.0% | $4,049,423▲32.7% | 990 |
| 2023 | $11,902,792▲8.3% | $12,464,284▲7.1% | $833,881▼40.2% | $3,051,249▼34.4% | 990 |
| 2022 | $10,988,617▲62.0% | $11,636,562▲67.7% | $1,395,373▼31.9% | $4,650,057▲21.9% | 990 |
| 2021 | $6,781,864▲10.5% | $6,938,482▲34.3% | $2,050,386▼7.3% | $3,813,150▲11.0% | 990 |
| 2020 | $6,134,775▲99.6% | $5,165,329▲90.2% | $2,211,500▲78.6% | $3,435,551▲150% | 990 |
| 2019 | $3,074,246▲6.0% | $2,715,514▼5.5% | $1,238,224▲42.4% | $1,372,651▲8.6% | 990 |
| 2018 | $2,901,429▲4.2% | $2,874,589▼6.4% | $869,352▲2.8% | $1,263,562▲4.3% | 990 |
| 2017 | $2,785,240▲11.1% | $3,070,107▲24.7% | $846,026▼25.4% | $1,211,682▼14.6% | 990 |
| 2016 | $2,506,697▼0.3% | $2,461,512▲13.7% | $1,133,631▲3.3% | $1,418,677▲8.8% | 990 |
| 2015 | $2,514,469▲12.4% | $2,165,363▲5.8% | $1,097,021▲46.7% | $1,304,007▲41.3% | 990 |
| 2014 | $2,237,585▲1.7% | $2,046,197▲11.0% | $747,915▲34.4% | $923,041▲15.9% | 990 |
| 2013 | $2,199,173 | $1,842,628▲6.3% | $556,527▲178% | $796,330▲76.1% | 990 |
| 2012 | — | $1,732,954▼5.8% | $199,982▲228% | $452,198▲18.6% | 990 |
| 2011 | — | $1,839,898▲1.8% | $61,035▼44.9% | $381,435▼37.9% | 990 |
| 2010 | — | $1,807,120 | $110,788 | $614,327 | 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 Rochester Mn Convention & Visitors Bureau a legitimate nonprofit?
- Yes. Rochester Mn Convention & Visitors Bureau is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 41-1625680, based in Rochester, Minnesota.
- What is Rochester Mn Convention & Visitors Bureau's EIN?
- Rochester Mn Convention & Visitors Bureau's Employer Identification Number (EIN) is 41-1625680.
- How much revenue does Rochester Mn Convention & Visitors Bureau report?
- Rochester Mn Convention & Visitors Bureau reported $14,685,628 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rochester Mn Convention & Visitors Bureau have?
- CharityIndex grades Rochester Mn Convention & Visitors Bureau C+, based on financial health (reserves and operating margin).
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Data for Rochester Mn Convention & Visitors Bureau (EIN 41-1625680) 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.