Missoula Convention & Visitors Bureau
- Assets
- $718.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Missoula, MT
- Founding
- 08/2002
- Data as of
- 06/2023
- EIN
- 41-2038486
Organization Overview
Missoula Convention & Visitors Bureau, operating under the name Destination Missoula, is located in Missoula, MT. The organization was established in 2002. 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 06/2023, Destination Missoula employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destination Missoula 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 06/2023, Destination Missoula generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 7.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING RESPONSIBLE AND SUSTAINABLE YEAR-ROUND TOURISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESTINATION MISSOULA, AS THE OFFICIAL CONVENTION AND VISITORS BUREAU FOR MISSOULA, IS A DESTINATION MARKETING/STEWARDSHIP ORGANIZATION, MARKETING MISSOULA AND SURROUNDING AREAS AS A PREMIERE TRAVEL DESTINATION THEREBY CREATING VIBRANT GROWTH IN THE ECONOMY AND ENHANCING THE QUALITY OF LIFE FOR RESIDENTS, AND QUALITY EXPERIENCE FOR OUR VISITORS. THIS IS DONE THROUGH PRINT, DIGITAL, SOCIAL AND WEB-BASED MARKETING WHICH PROMOTES RESPONSIBLE AND SUSTAINABLE YEAR-ROUND TOURISM FOR THE AREA. DESTINATION MISSOULA WORKS IN COLLABORATION WITH OUR COMMUNITY TO CURATE IMMERSIVE DESTINATION EXPERIENCES, MANAGE SUSTAINABLE VISITOR GROWTH, PROMOTE EQUITABLE ECONOMIC DEVELOPMENT AND ELEVATE QUALITY OF LIFE AND PLACE.
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 |
|---|---|---|---|
Stephen Simpson President | OfficerTrustee | 2 | $0 |
Chuck Maes President Elect | OfficerTrustee | 2 | $0 |
Matt Ellis Secretary | OfficerTrustee | 2 | $0 |
Brenda Peyton Treasurer | OfficerTrustee | 2 | $0 |
Erin Mccrady Counsel | OfficerTrustee | 2 | $0 |
Karen Schlatter Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Windfall Advertising | 6/29/23 | $116,774 |
Nextfactor Enterprise Inc Research | 6/29/23 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $40,344 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,943 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,287 |
| Total Program Service Revenue | $1,126,731 |
| Investment income | $750 |
| 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 | $1,188,051 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| 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. | $125,690 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $306,977 |
| Pension plan accruals and contributions | $10,329 |
| Other employee benefits | $41,755 |
| Payroll taxes | $35,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $105,000 |
| Advertising and promotion | $324,514 |
| Office expenses | $19,238 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,666 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,927 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,605 |
| All other expenses | $10 |
| Total functional expenses | $1,138,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,144 |
| Savings and temporary cash investments | $438,354 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $718,498 |
| Accounts payable and accrued expenses | $11,950 |
| 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 | $0 |
| Total liabilities | $11,950 |
| Net assets without donor restrictions | $706,548 |
| 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 | $718,498 |