Saint Paul Rivercentre Convention And Visitors Authority
Saint Paul Rivercentre Convention And Visitors Authority shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 203338905 · Saint Paul, MN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $21.3M |
| Total Expenses | $17.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $13.2M |
| Transparency Score | 85/100 |
Is Saint Paul Rivercentre Convention And Visitors Authority Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saint Paul Rivercentre Convention And Visitors Authority directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saint Paul Rivercentre Convention And Visitors Authority
Saint Paul Rivercentre Convention And Visitors Authority (EIN: 203338905) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code S41. The organization reported total revenue of $21.3M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saint Paul Rivercentre Convention And Visitors Authority's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saint Paul Rivercentre Convention And Visitors Authority is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.3M |
| Total Expenses | $17.6M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $15.7M |
| Total Liabilities | $2.5M |
| Net Assets | $13.2M |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 16.0% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Saint Paul Rivercentre Convention And Visitors Authority reported a surplus of $1.6M with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 16.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Saint Paul Rivercentre Convention And Visitors Authority's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +20.4% | +10.6% |
| 2022 | +56.7% | +33.0% | +31.4% |
| 2021 | +25.5% | +4.3% | +24.3% |
| 2020 | -43.5% | -33.1% | -8.2% |
| 2019 | +5.2% | -14.3% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Saint Paul Rivercentre Convention And Visitors Authority 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: 85%
- fundraising: 5%
According to IRS 990 filings, Saint Paul Rivercentre Convention And Visitors Authority allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity of its size with revenues exceeding $19 million in recent years. This could imply that executive salaries are covered by a related governmental entity or not categorized under 'officer compensation' in these specific filings, rather than a complete absence of executive pay.
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 Saint Paul Rivercentre Convention And Visitors Authority's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and could indicate a lack of transparency in executive pay reporting or an alternative funding structure not immediately apparent.
Strengths
The following positive indicators were identified for Saint Paul Rivercentre Convention And Visitors Authority:
- Consistent revenue growth, with revenue increasing from $9,717,353 in 2020 to $19,250,327 in 2023.
- Healthy asset accumulation, with assets growing from $8,667,212 in 2020 to $15,655,521 in 2023.
- Positive net income in most recent years, indicating financial sustainability (e.g., $1,611,156 surplus in 2023).
- Manageable liabilities relative to assets, suggesting low financial risk (e.g., $2,502,818 liabilities vs. $15,655,521 assets in 2023).
- Consistent IRS 990 filing history, demonstrating commitment to regulatory compliance.
Frequently Asked Questions about Saint Paul Rivercentre Convention And Visitors Authority
Is Saint Paul Rivercentre Convention And Visitors Authority a legitimate charity?
Based on AI analysis of IRS 990 filings, Saint Paul Rivercentre Convention And Visitors Authority (EIN: 203338905) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Saint Paul Rivercentre Convention And Visitors Authority spend its money?
Saint Paul Rivercentre Convention And Visitors Authority directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saint Paul Rivercentre Convention And Visitors Authority tax-deductible?
Saint Paul Rivercentre Convention And Visitors Authority is registered as a tax-exempt nonprofit (EIN: 203338905). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Saint Paul Rivercentre Convention And Visitors Authority CEO make?
Saint Paul Rivercentre Convention And Visitors Authority's highest-compensated officer earns $19 annually. The organization reported $21.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Saint Paul Rivercentre Convention And Visitors Authority's spending goes to programs?
Saint Paul Rivercentre Convention And Visitors Authority directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Saint Paul Rivercentre Convention And Visitors Authority compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Saint Paul Rivercentre Convention And Visitors Authority is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saint Paul Rivercentre Convention And Visitors Authority located?
Saint Paul Rivercentre Convention And Visitors Authority is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 203338905. It is classified under NTEE code S41.
How many years of IRS 990 filings does Saint Paul Rivercentre Convention And Visitors Authority have?
Saint Paul Rivercentre Convention And Visitors Authority has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $21.3M in total revenue.
How are executive salaries funded if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings, despite the organization's significant revenue (e.g., $19,250,327 in 2023), suggests that executive compensation might be paid by a related governmental entity, or categorized differently within their financial statements, or not reported under this specific line item on the 990.
What is the specific breakdown of program service expenses?
While the overall spending efficiency appears good, a detailed breakdown of program service expenses would provide more insight into how funds are allocated to promote the convention center and tourism for Saint Paul.
What is the organization's long-term strategy for asset utilization and growth?
The organization has shown consistent asset growth, from $8,667,212 in 2020 to $15,655,521 in 2023. Understanding their strategy for utilizing these assets and plans for future growth would be beneficial.
Filing History
IRS 990 filing history for Saint Paul Rivercentre Convention And Visitors Authority showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Saint Paul Rivercentre Convention And Visitors Authority's revenue has grown by 43.2%, moving from $13.4M to $19.3M. Total assets increased by 193.6% over the same period, from $5.3M to $15.7M. Total functional expenses rose by 37.5%, from $12.8M to $17.6M. In its most recent filing year (2023), Saint Paul Rivercentre Convention And Visitors Authority reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $2.5M in liabilities against $15.7M in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $13.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.3M | $17.6M | $15.7M | $2.5M | — | — |
| 2022 | $19.1M | $14.6M | $14.2M | $2.7M | — | View 990 |
| 2021 | $12.2M | $11.0M | $10.8M | $2.7M | — | View 990 |
| 2020 | $9.7M | $10.6M | $8.7M | $1.8M | — | — |
| 2019 | $17.2M | $15.8M | $9.4M | $1.8M | — | View 990 |
| 2018 | $16.3M | $18.4M | $8.1M | $2.0M | — | View 990 |
| 2017 | $17.5M | $19.8M | $10.2M | $2.0M | — | View 990 |
| 2016 | $17.1M | $16.8M | $12.8M | $2.2M | — | View 990 |
| 2015 | $20.6M | $15.0M | $12.5M | $2.2M | — | View 990 |
| 2014 | $14.9M | $13.8M | $7.2M | $2.5M | — | View 990 |
| 2013 | $15.1M | $13.9M | $5.9M | $2.2M | — | View 990 |
| 2012 | $13.1M | $12.3M | $5.1M | $2.5M | — | View 990 |
| 2011 | $13.4M | $12.8M | $5.3M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.3M, expenses of $17.6M, and assets of $15.7M (revenue +0.7% year-over-year).
- 2022: Revenue of $19.1M, expenses of $14.6M, and assets of $14.2M (revenue +56.7% year-over-year).
- 2021: Revenue of $12.2M, expenses of $11.0M, and assets of $10.8M (revenue +25.5% year-over-year).
- 2020: Revenue of $9.7M, expenses of $10.6M, and assets of $8.7M (revenue -43.5% year-over-year).
- 2019: Revenue of $17.2M, expenses of $15.8M, and assets of $9.4M (revenue +5.2% year-over-year).
- 2018: Revenue of $16.3M, expenses of $18.4M, and assets of $8.1M (revenue -6.4% year-over-year).
- 2017: Revenue of $17.5M, expenses of $19.8M, and assets of $10.2M (revenue +2.2% year-over-year).
- 2016: Revenue of $17.1M, expenses of $16.8M, and assets of $12.8M (revenue -17.1% year-over-year).
- 2015: Revenue of $20.6M, expenses of $15.0M, and assets of $12.5M (revenue +38.5% year-over-year).
- 2014: Revenue of $14.9M, expenses of $13.8M, and assets of $7.2M (revenue -1.4% year-over-year).
- 2013: Revenue of $15.1M, expenses of $13.9M, and assets of $5.9M (revenue +15.4% year-over-year).
- 2012: Revenue of $13.1M, expenses of $12.3M, and assets of $5.1M (revenue -2.7% year-over-year).
- 2011: Revenue of $13.4M, expenses of $12.8M, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saint Paul Rivercentre Convention And Visitors Authority:
Data Sources and Methodology
This transparency report for Saint Paul Rivercentre Convention And Visitors Authority 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.