Vincennes-Knox County Visitors & Tourism Bureau Inc
- Assets
- $1.0m
- Revenue
- $542.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Vincennes, IN
- Founding
- 10/1996
- Data as of
- 12/2023
- EIN
- 35-1985784
Organization Overview
Vincennes-Knox County Visitors & Tourism Bureau Inc is located in Vincennes, IN. The organization was established in 1996. 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 12/2023, Vincennes-Knox County Visitors & Tourism Bureau Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vincennes-Knox County Visitors & Tourism Bureau 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 12/2023, Vincennes-Knox County Visitors & Tourism Bureau Inc generated $542.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $382.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE VINC/KNOX CO CVB INC IS TO PROMOTE & DEVELOP KNOX CO SO THAT IT CAN DERIVE THE BENEFITS OF A PROSPEROUS TOURISM INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROMOTION OF KNOX COUNTY BY PUBLIC RELATIONS AND ADVERTISING METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgiann Leonard Director | Trustee | 0 | $0 |
Saundra Lange Director | Trustee | 0 | $0 |
Ayla Alchin Director | Trustee | 0 | $0 |
David Niehaus President | Officer | 0 | $0 |
Vanessa Purdon Vice President | Officer | 0 | $0 |
Rebecca Mullen Secretary | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,090 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $486 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,576 |
| Total Program Service Revenue | $535,519 |
| Investment income | $3,107 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $542,202 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,650 |
| 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. | $52,796 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,541 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70 |
| Payroll taxes | $8,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $161,838 |
| Office expenses | $14,461 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,281 |
| Travel | $1,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,258 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,951 |
| Insurance | $15,201 |
| All other expenses | $0 |
| Total functional expenses | $382,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373,400 |
| Savings and temporary cash investments | $110,210 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $551,378 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,034,988 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,135 |
| Total liabilities | $2,135 |
| Net assets without donor restrictions | $1,026,018 |
| Net assets with donor restrictions | $6,835 |
| 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 | $1,034,988 |
Grants Awarded
Over the last fiscal year, Vincennes-Knox County Visitors & Tourism Bureau Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VINCENNES UNIVERSITY PURPOSE: PBIF COMMITMENT(KIMMEL PARK REVITALIZATION PROJECT) | $10,000 |
VGSL INC PURPOSE: SOFTBALL COMPLEX RENOVATION | $10,000 |