Buffalo Niagara Convention Center Management Corporation
Buffalo Niagara Convention Center Management Corporation operates near break-even with no direct officer compensation reported.
EIN: 161090602 · Buffalo, NY · NTEE: S300 · Updated: 2026-03-28
Is Buffalo Niagara Convention Center Management Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Buffalo Niagara Convention Center Management Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Buffalo Niagara Convention Center Management Corporation
Buffalo Niagara Convention Center Management Corporation (EIN: 161090602) is a nonprofit organization based in Buffalo, NY, classified under NTEE code S300. The organization reported total revenue of $7.2M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Buffalo Niagara Convention Center Management Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Buffalo Niagara Convention Center Management Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Buffalo Niagara Convention Center Management Corporation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive salaries are either paid by a related entity, are non-existent, or are not classified as officer compensation in these specific filings. This requires further clarification to fully assess executive compensation relative to the organization's operational scale.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Buffalo Niagara Convention Center Management Corporation's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $522,080 in 2023, $218,360 in 2022) indicate reliance on external funding or prior reserves.
- Zero reported officer compensation across all filings may obscure the true cost of executive leadership if paid by a related entity.
Strengths
The following positive indicators were identified for Buffalo Niagara Convention Center Management Corporation:
- Consistent financial reporting over 13 periods demonstrates transparency and accountability.
- Stable asset base relative to liabilities, indicating sound financial management.
- Likely high program spending given the operational nature and lack of reported fundraising expenses.
Frequently Asked Questions about Buffalo Niagara Convention Center Management Corporation
Is Buffalo Niagara Convention Center Management Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Buffalo Niagara Convention Center Management Corporation (EIN: 161090602) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Buffalo Niagara Convention Center Management Corporation spend its money?
Buffalo Niagara Convention Center Management Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Buffalo Niagara Convention Center Management Corporation tax-deductible?
Buffalo Niagara Convention Center Management Corporation is registered as a tax-exempt nonprofit (EIN: 161090602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How are the operational deficits, such as the $522,080 deficit in 2023, being covered?
The consistent, albeit small, operational deficits suggest reliance on prior year surpluses, external subsidies, or other funding mechanisms not fully detailed in the provided revenue figures.
Who covers the compensation for key management personnel if 'Officer Comp' is consistently reported as 0%?
This indicates that executive compensation may be handled by a parent organization, a related entity, or through a different classification not captured under 'Officer Comp' in these filings.
What is the primary source of revenue for the organization, given its NTEE code S300 (Convention & Visitors Bureaus)?
While not explicitly detailed in the provided data, the NTEE code suggests revenue primarily comes from convention center operations, event hosting, and related services, potentially including government contracts or subsidies.
Filing History
IRS 990 filing history for Buffalo Niagara Convention Center Management Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Buffalo Niagara Convention Center Management Corporation's revenue has grown by 62.3%, moving from $3.0M to $4.9M. Total assets decreased by 48% over the same period, from $1.9M to $1.0M. Total functional expenses rose by 91.3%, from $2.9M to $5.5M. In its most recent filing year (2023), Buffalo Niagara Convention Center Management Corporation reported a deficit of $522K, with expenses exceeding revenue. The organization holds $598K in liabilities against $1.0M in assets (debt-to-asset ratio: 59.5%), resulting in net assets of $407K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $5.5M | $1.0M | $598K | — | — |
| 2022 | $4.7M | $4.9M | $1.5M | $609K | — | — |
| 2021 | $2.6M | $2.8M | $1.4M | $294K | — | View 990 |
| 2020 | $3.4M | $3.2M | $1.5M | $201K | — | — |
| 2019 | $5.0M | $5.1M | $1.9M | $790K | — | View 990 |
| 2018 | $5.6M | $5.4M | $2.0M | $708K | — | View 990 |
| 2017 | $3.9M | $3.7M | $1.7M | $549K | — | View 990 |
| 2016 | $3.7M | $3.7M | $1.5M | $545K | — | View 990 |
| 2015 | $3.5M | $3.4M | $1.5M | $540K | — | View 990 |
| 2014 | $3.3M | $3.2M | $1.4M | $518K | — | View 990 |
| 2013 | $3.6M | $3.4M | $1.5M | $707K | — | View 990 |
| 2012 | $2.9M | $2.9M | $2.3M | $921K | — | View 990 |
| 2011 | $3.0M | $2.9M | $1.9M | $646K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $5.5M, and assets of $1.0M (revenue +5.3% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.9M, and assets of $1.5M (revenue +80.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.8M, and assets of $1.4M (revenue -23.9% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.2M, and assets of $1.5M (revenue -31.6% year-over-year).
- 2019: Revenue of $5.0M, expenses of $5.1M, and assets of $1.9M (revenue -11.1% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.4M, and assets of $2.0M (revenue +42.8% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.7M, and assets of $1.7M (revenue +7.2% year-over-year).
- 2016: Revenue of $3.7M, expenses of $3.7M, and assets of $1.5M (revenue +5.7% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.4M, and assets of $1.5M (revenue +5.9% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.2M, and assets of $1.4M (revenue -7.7% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.4M, and assets of $1.5M (revenue +20.8% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.9M, and assets of $2.3M (revenue -3.6% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.9M, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Buffalo Niagara Convention Center Management Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.