Tourism Cares Inc
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 11
- Location
- Canton, MA
- Founding
- 12/2005
- Data as of
- 12/2023
- EIN
- 20-2013457
Organization Overview
Tourism Cares Inc is located in Canton, MA. The organization was established in 2005. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 12/2023, Tourism Cares Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tourism Cares Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tourism Cares Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tourism Cares Inc has awarded 38 individual grants totaling $444,121. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TOURISM CARES UNITES THE TRAVEL INDUSTRY AND IS A CATALYST OF POSITIVE SOCIAL, ENVIRONMENTAL AND ECONOMIC IMPACT FOR THE PEOPLE AND PLACES OF TRAVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOURISM CARES BELIEVES IN CREATING MEASURABLE AND SUBSTANTIVE CHANGE FOR LONG TERM DESTINATION IMPACT. IN ORDER FOR DESTINATIONS TO ENDURE FUTURE CHALLENGES, THEIR LOCAL COMMUNITIES MUST BE STRONG AND RESILIENT. BY INVOLVING MULTI-SECTOR STAKEHOLDERS IN THE DECISION MAKING PROCESS, DESTINATIONS ENSURE A STRONGER FUTURE THROUGH SUSTAINABLE TOURISM PLANNING. OUR PROGRAMS HIGHLIGHT HOW LOCAL ORGANIZATIONS ARE TRANSFORMING COMMUNITIES. TOURISM CARES HELPS TO CONNECT THESE LOCAL CHANGEMAKERS TO THE GREATER TOURISM MARKETPLACE THROUGH ITS CONVENINGS AND SOCIAL ENTERPRISE CONNECTIONS.FURTHER, TOURISM CARES USES THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS ("SDGS") TO HELP FRAME ITS GOALS FOR ITS PROGRAM SERVICE WORK. WE SPOTLIGHT HOW MEMBERS OF OUR COMMUNITY ARE ADVANCING THE SDGS THROUGH VALUE CHAIN INTEGRATION AND COLLABORATIVE PARTNERSHIPS, IN HOPES OF ENGAGING AND INSPIRING THE TRAVEL AND TOURISM INDUSTRY. WE UNDERSTAND THAT TOURISM CAN GENERATE GLOBAL IMPACT WHEN WE JOIN FORCES AND ACT, SO WE HARNESS THE STRENGTH OF OUR CONVENING POWER TO CREATE A RIPPLE EFFECT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Tauck Immediate Past Chair | OfficerTrustee | 1 | $0 |
Malia Asfour Chair | OfficerTrustee | 1 | $0 |
Reagan Stulbaum Secretary | OfficerTrustee | 1 | $0 |
Roberta Jacoby Director | Trustee | 1 | $0 |
Bryan Kinkade Vice Chair Ii | OfficerTrustee | 1 | $0 |
Shayna Zand Vice Chair I | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $492,381 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $683,177 |
| Noncash contributions included in lines 1a–1f | $152,077 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,175,558 |
| Total Program Service Revenue | $0 |
| Investment income | $42,183 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $44,627 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,263,757 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $31,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $188,487 |
| Compensation of current officers, directors, key employees. | $42,488 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $717,736 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,775 |
| Payroll taxes | $69,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $525 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,371 |
| Advertising and promotion | $0 |
| Office expenses | $26,363 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,938 |
| Travel | $117,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $57,061 |
| Interest | $8,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,515 |
| Insurance | $11,302 |
| All other expenses | $1,004 |
| Total functional expenses | $1,484,375 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,453 |
| Savings and temporary cash investments | $27,846 |
| Pledges and grants receivable | $258,380 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,654 |
| Net Land, buildings, and equipment | $13,373 |
| Investments—publicly traded securities | $918,753 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,000 |
| Total assets | $1,416,459 |
| Accounts payable and accrued expenses | $89,617 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $297,414 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $387,031 |
| Net assets without donor restrictions | $10,031 |
| Net assets with donor restrictions | $1,019,397 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,416,459 |
Grants Awarded
Over the last fiscal year, Tourism Cares Inc has awarded $14,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK HISTORY MUSEUM AND CULTURAL CENTER PURPOSE: PROGRAMMATIC GRANT | $7,500 |
MEDIA ARTS INSTITUTE PURPOSE: PROGRAMMATIC GRANT | $6,500 |