Visit Baltimore Annual Report FY2022 2022 | Page 44

APPENDIX A : REVENUE AND EXPENSES

Occupancy Tax • $ 9,425,920 • 42.7 % BTID • $ 4,882,448 • 22.1 % CIAA ( BSTCSD ) • $ 4,315,002 • 19.5 % PPP Forgiveness • $ 2,370,328 • 10.7 %
FY22 YEAR END REVENUE
Convention Housing • $ 366,360 • 1.7 % State Funding • $ 334,153 • 1.5 % Other • $ 176,786 • 0.8 % Promotional Participation • $ 124,149 • 0.6 % Partnerships • $ 97,575 • 0.4 %
$ 22,092,721 TOTAL REVENUE
Salaries & Benefits • $ 5,589,190 • 33.3 % CIAA ( BSTCSD ) • $ 4,744,520 • 28.3 % Marketing & Communications • $ 3,055,081 • 18.2 % Sales , Services & Tourism • $ 1,969,015 • 11.7 % General Operations & Partnerships • $ 1,424,309 • 8.5 %
FY21 YEAR END EXPENSES
$ 16,782,115 TOTAL EXPENSES
42 APPENDIX