Visit Big Sky
- Assets
- $903.8k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Big Sky, MT
- Founding
- 01/2015
- Data as of
- 06/2022
- EIN
- 46-2417912
Organization Overview
Visit Big Sky is located in Big Sky, MT. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Big Sky 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 06/2022, Visit Big Sky generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $937.2k during the year ending 06/2022. While expenses have increased by 5.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS THE COMMUNITY'S OFFICIAL DESTINATION MANAGEMENT AND MARKETING ORGANIZATION, VISIT BIG SKY LEADS THE DEVELOPMENT AND PROMOTION OF AUTHENTIC TOURISM EXPERIENCES THROUGH RESEARCH AND STAKEHOLDER COLLABORATION TO GROW BIG SKY'S ECONOMY WHILE BALANCING THE NEED TO SUSTAIN QUALITY OF LIFE FOR ITS RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISIT BIG SKY NOT ONLY MARKETS THE COMMUNITY OF BIG SKY TO OUTDOOR ADVENTURERS AROUND THE WORLD, BUT IT'S FOCUS IN 2022 WAS DESTINATION MANAGEMENT. COVID AND THE POPULARITY OF THE TV SHOW YELLOWSTONE, BIG SKY HAS BECOME A VERY POPULAR DESTINATION. THE WORK OF OUR OFFICE IS TO LESSEN THE IMPACT OF THE VISITOR ECONOMY AND FIND WAYS TO EDUCATE OUR VISITORS AS WELL AS OUR RESIDENTS ON TREATING BIG SKY WITH RESPECT. OUR BUSINESS COMMUNITY CONTINUES TO FEEL THE STRAIN OF BIG SKY'S POPULARITY. VISIT BIG SKY HAS DONE AN EXCELLENT JOB COLLECTING THE DATA THAT HAS LED TO A NUMBER OF REALIZATIONS. AN EXAMPLE OF THAT WAS THE ACKNOWLEDGMENT THAT OUR HOUSING ISSUES IS DIRECTLY RELATED TO THE NUMBER OF SHORT-TERM RENTALS IN BIG SKY. THE VISIT BIG SKY TEAM IS DEDICATED TO SOLVING TOURISM CHALLENGES WITH DATA THAT EXPLAINS THE CHALLENGES OUR COMMUNITY FACES. OUR MARKETING CAMPAIGNS HAVE BEEN FOCUSED ON BRINGING FORMER VISITORS TO BIG SKY. BESIDES THE COST SAVINGS OF GOING AFTER AN "EXISTING CUSTOMER" WE'VE ALSO FOCUSED ON KEY TARGETED DESTINATIONS WHERE OUR VISITORS COME FROM. THIS YEAR'S FOCUS WAS ON DALLAS, NEW YORK, MINNEAPOLIS, LOS ANGELES, ATLANTA AND SEATTLE. OUR PROXIMITY TO YELLOWSTONE NATIONAL PARK WAS ONE OF THE MAJOR AREAS OF FOCUS HIGHLIGHTING THAT BIG SKY IS ONLY ONE HOUR NORTH OF THE WEST ENTRANCE TO YELLOWSTONE NATIONAL PARK SO WE FOCUSED OUR MESSAGING ON STAYING IN BIG SKY AND TRAVEL THE SCENIC ONE HOUR DRIVE TO EXPLORE THE PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Drain Chair | OfficerTrustee | 1 | $0 |
Stacie Mesuda Vice Chair | OfficerTrustee | 1 | $0 |
Chris Dunkerson Secretary Treasurer | OfficerTrustee | 1 | $0 |
Brad Niva CEO | Officer | 20 | $0 |
Lindsey Foote Director | Trustee | 1 | $0 |
Bridget French Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,240,597 |
| 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 | $1,240,597 |
| Total Program Service Revenue | $22,500 |
| Investment income | $13 |
| 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 | $1,265,070 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $398,975 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,760 |
| Fees for services: Lobbying | $2,616 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $415,181 |
| Office expenses | $2,133 |
| Information technology | $13,892 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,124 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,799 |
| All other expenses | $8,629 |
| Total functional expenses | $937,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $828,356 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,428 |
| 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 | $903,784 |
| Accounts payable and accrued expenses | $30,421 |
| 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 | $30,421 |
| Net assets without donor restrictions | $873,363 |
| 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 | $903,784 |
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