Fort Wayne Allen County Convention And Visitors Bureau Inc
- Assets
- $2.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 20
- Location
- Fort Wayne, IN
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 35-1857840
Organization Overview
Fort Wayne Allen County Convention And Visitors Bureau Inc, operating under the name Visit Fort Wayne, is located in Fort Wayne, IN. The organization was established in 1992. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Visit Fort Wayne employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Fort Wayne 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, Visit Fort Wayne generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
VISIT FORT WAYNE PROMOTES THE COMMUNITY AS AN EXCEPTIONAL DESTINATION, AND ADVOCATES FOR THE GROWTH AND DEVELOPMENT OF THE VISITOR INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS A JOINT EFFORT BETWEEN GOVERNMENTAL ENTITIES AND THE BUSINESS COMMUNITY TO POOL THEIR RESOURCES TO FUND A BROAD-BASED PROMOTION AND SALES EFFORT TO PROMOTE THE HISTORIC, CULTURAL, ARTS, CONVENTION, AND TRADE SHOW ACTIVITIES AND FACILITIES OF THE COMMUNITY. THE CORPORATION PROVIDES THE GENERAL PUBLIC WITH BROCHURES AND INFORMATION ON LOCAL ATTRACTIONS, EVENTS, ACTIVITIES OF CHARITABLE GROUPS,ORGANIZATIONS AND FESTIVALS. IT ALSO PROMOTES THE UTILIZATION OF PUBLIC CONVENTION CENTERS, TRADE SHOW HALLS, MUSEUMS, ZOOS, PARKS AND RECREATIONAL AREAS. VISIT FORT WAYNE DISSEMINATES INFORMATION TO NEW RESIDENTS AND POTENTIAL RESIDENTS, AND RESPONDS TO GENERAL INQUIRIES CONCERNING THE COMMUNITY'S POPULATION, BUSINESS OPPORTUNITIES, EDUCATIONAL AND HEALTH FACILITIES AND GOVERNMENT. THE CORPORATION COLLECTS, PREPARES,PRINTS AND DISSEMINATES HISTORICAL AND CULTURAL INFORMATION TO EDUCATE THE GENERAL PUBLIC ON THE ASSETS, DESIRABILITY AND LIABILITY OF THE COMMUNITY FOR EITHER A TOURIST OR FUTURE RESIDENT. THE CORPORATION OPERATES A PUBLIC INFORMATION CENTER. INFORMATION CLERKS STAFF THE CENTER TO HANDLE THE INQUIRIES OF THE GENERAL PUBLIC. IN ADDITION, NUMEROUS BROCHURES ARE DISTRIBUTED ON BEHALF OF CHARITABLE ORGANIZATIONS AND PUBLIC ATTRACTIONS. SEMINARS, EDUCATIONAL TRAINING AND PROMOTIONAL LITERATURE ARE PRODUCED TO ENHANCE THE AWARENESS OF THE COMMUNITY. INFORMATION CAN ALSO BE OBTAINED AT VISITFORTWAYNE.COM. NO OTHER ENTITY, PUBLIC OR PRIVATE, PERFORMS THESE TASKS. THE CORPORATION CONDUCTS THESE ACTIVITIES DAILY TO THE EXTENT FINANCIAL RESOURCES PERMIT. FINANCIAL RESOURCES ARE BASED SOLELY ON CONTRIBUTIONS FROM PUBLIC ENTITIES, BUSINESSES AND INDIVIDUALS. NO GOVERNMENTAL AUTHORITY OR BODY HAS JURISDICTION OVER THE CORPORATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel O'connell President & | Officer | 40 | $144,201 |
Kristen Guthrie VP Of Market | 40 | $107,214 | |
Mike Mushett Treasurer | OfficerTrustee | 1 | $0 |
Rob Evans Vice Chairpe | OfficerTrustee | 1 | $0 |
Melissa Schenkel Secretary | OfficerTrustee | 1 | $0 |
Kelly Updike Chairperson | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,450,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,450,166 |
| Total Program Service Revenue | $53,615 |
| Investment income | $7,438 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,425 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,319 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,522,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,000 |
| 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. | $182,653 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $666,073 |
| Pension plan accruals and contributions | $42,109 |
| Other employee benefits | $110,208 |
| Payroll taxes | $63,295 |
| Fees for services: Management | $11,497 |
| Fees for services: Legal | $83 |
| Fees for services: Accounting | $13,237 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,687 |
| Advertising and promotion | $476,776 |
| Office expenses | $32,265 |
| Information technology | $25,677 |
| Royalties | $0 |
| Occupancy | $83,644 |
| Travel | $21,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,765 |
| Insurance | $8,488 |
| All other expenses | $36,233 |
| Total functional expenses | $1,974,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $1,573,297 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,237 |
| 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 | $43,117 |
| Net Land, buildings, and equipment | $140,858 |
| Investments—publicly traded securities | $300,729 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,092,438 |
| Accounts payable and accrued expenses | $130,723 |
| Grants payable | $0 |
| Deferred revenue | $200,030 |
| 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 | $0 |
| Total liabilities | $330,753 |
| Net assets without donor restrictions | $1,732,862 |
| Net assets with donor restrictions | $28,823 |
| 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 | $2,092,438 |
Grants Awarded
Over the last fiscal year, Fort Wayne Allen County Convention And Visitors Bureau Inc has awarded $57,156 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Wayne, IN PURPOSE: OPERATIONS | $42,156 |
Fort Wayne, IN PURPOSE: PARALYMPIC EVENT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Mhub Chicago, IL | $5,077,327 | $6,781,086 |