Know your opponent. Here’s Scenic America’s budget for the last three fiscal years (ended March 31, 2022, 2023 and 2024).
- Revenues increased by 58% during 2024 due to the receipt of a gift of $1.1 million in public securities.
- Expenses increased 2% to $774,998.
- Cash balances increased from $514,309 in 2023 to $1.3 million in 2024 due to the large gift.
- Scenic President Mark Falzone has a good gig. His compensation of $402,275 accounts for 30% of Scenic’s expenses and half of Scenic’s payroll.
Billboard Insider’s take: Don’t take Scenic for granted. Scenic has cash and investments of $1.2 million at March 2024. That’s quite a war chest. It can finance a lot of lawsuits.
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