Destination Duluth
- Assets
- $28.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-1907687
Organization Overview
Destination Duluth is located in Duluth, MN. The organization was established in 2014. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destination Duluth 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 12/2021, Destination Duluth generated $63.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $41.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
INFLUENCED POSITIVE GROWTH IN THE CITY OF DULUTH AND THE SURROUNDING REGION WITH NEW PARTNERS. ACTIVELY TOLD THE UNIQUE STORIES OF THINGS PEOPLE ARE DOING IN DULUTH. CREATED A PHOTOGRAPHER PROFILE SERIES WITH WEB STORIES ON CHARLIE SMITH, STEPHANIE IRWIN, AND DENNIS O'HARA. DEVELOPED A STRONG REVENUE MODEL. PEOPLE REACHED THROUGH SOCIAL MEDIA AVERAGING 4,840,185 WITH 4,984,289 IMPRESSIONS AND 223,961 ENGAGEMENTS PER MONTH. 58.3K FOLLOWERS ON INSTAGRAM WHICH IS UP FROM 7.9K.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Thoreson CEO | 40 | $29,988 | |
Tom Livingston President | 10 | $0 | |
Chris Swanson Board Member | 10 | $0 | |
Branden Robinson Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,742 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,742 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $37,888 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $106 |
| Other expenses | $3,384 |
| Total expenses | $41,378 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,433 |
| Other assets | $0 |
| Total assets | $28,433 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,433 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Destination Duluth has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Minnesota Community Development Corporation Detroit Lakes, MN | $81,373,559 | $8,284,111 |
The International Joint Commission On Allied Health Personnel In Opht St Paul, MN | $4,513,334 | $4,493,708 |
American Academy Of Emergency Medicine Inc Milwaukee, WI | $5,226,963 | $3,404,237 |
Better Business Bureau Of Wisconsin Inc Milwaukee, WI | $5,171,220 | $3,579,852 |
Forward Community Investments Inc Madison, WI | $29,361,508 | $3,745,420 |
Leading Edge Alliance Inc Eden Prairie, MN | $746,108 | $1,886,367 |
Better Business Bureau Of Des Moines Inc Des Moines, IA | $2,552,903 | $1,796,362 |
Itasca Economic Development Corporation Grand Rapids, MN | $3,743,708 | $1,851,180 |
Dubuque Area Convention And Visitors Bureau Dubuque, IA | $1,438,467 | $1,624,966 |
Ypo Global One Chapter Inc Minneapolis, MN | $1,165,032 | $1,027,097 |
Visit Sheboygan Inc Sheboygan, WI | $1,503,330 | $2,028,618 |
Dbl Equity Partners Fargo, ND | $983,044 | $953,194 |