National Tour Association Inc
- Assets
- $2.3m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 14
- Location
- Lexington, KY
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 31-1049903
Organization Overview
National Tour Association Inc is located in Lexington, KY. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, National Tour Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Tour Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, National Tour Association Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE INTEREST OF NTA MEMBERS AND THE PACKAGED TRAVEL INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER BENEFITS: VARIOUS PROGRAMS AND SERVICES TO BRING VALUE TO MEMBERS, EDUCATE AND INFORM, ENHANCE PROFESSIONALISM, INCREASE BUSINESS, PROVIDE MONEY-SAVING OPPORTUNITIES AND HELP THEM EXPLORE NEW BUSINESS MARKETS.
MEETING EXPENSES: MEETINGS AND EVENTS ARE HELD FOR THE PURPOSE OF PROVIDING MEMBERS WITH THE OPPORTUNITY TO EXCHANGE IDEAS AND INFORMATION, PROVIDE EDUCATIONAL OPPORTUNITIES FOR MEMBERS, AND PROVIDE MEMBERS THE OPPORTUNITY TO BUY AND SELL PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Prather President | Officer | 50 | $126,000 |
Chase Poffenberger Chair | Trustee | 1 | $0 |
Debra Asberry Vice Chair | Trustee | 1 | $0 |
Jim Warren Ctp Immediate Past Chair | Trustee | 1 | $0 |
Fraser Neave Ctp Director | Trustee | 1 | $0 |
Monique Van Dijk-Seppola Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Centerplate Convention Meals | 12/30/15 | $140,838 |
Collins Bowling Centers Inc Headquarters Lease | 12/30/15 | $140,345 |
Modern Exposition Service Inc Exhibit Decorator | 12/30/15 | $230,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $933 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,233 |
| Total Program Service Revenue | $1,648,764 |
| Investment income | $10,068 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $82,741 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,732 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,971,641 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $131,975 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,714 |
| Pension plan accruals and contributions | $2,054 |
| Other employee benefits | $25,055 |
| Payroll taxes | $34,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,690 |
| Fees for services: Accounting | $70,989 |
| Fees for services: Lobbying | $30,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,477 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,277 |
| Office expenses | $28,226 |
| Information technology | $105,817 |
| Royalties | $0 |
| Occupancy | $57,064 |
| Travel | $24,890 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $862,163 |
| Interest | $6,434 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,176 |
| Insurance | $9,628 |
| All other expenses | $16,236 |
| Total functional expenses | $1,865,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $732,497 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,077 |
| 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 | $61,801 |
| Net Land, buildings, and equipment | $530 |
| Investments—publicly traded securities | $610,924 |
| Investments—other securities | $0 |
| Investments—program-related | $820,619 |
| Intangible assets | $0 |
| Other assets | $56,745 |
| Total assets | $2,342,193 |
| Accounts payable and accrued expenses | $191,254 |
| Grants payable | $0 |
| Deferred revenue | $374,778 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $865,696 |
| Total liabilities | $1,431,728 |
| Net assets without donor restrictions | $910,465 |
| Net assets with donor restrictions | $0 |
| 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 | $2,342,193 |
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|---|---|---|
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Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Appraisal Institute Chicago, IL | $29,125,581 | $19,187,200 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
American Massage Therapy Assn Evanston, IL | $43,659,958 | $20,082,192 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |