Sweet Owen Convention & Visitors Bureau is located in Spencer, IN. 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. Sweet Owen Convention & Visitors Bureau 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, Sweet Owen Convention & Visitors Bureau generated $110.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $74.8k during the year ending 12/2021. While expenses have increased by 2.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE TOURISM IN OWEN COUNTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Spinks President | 10 | $0 | |
Shirley Kinney Secretary | 10 | $0 | |
Kimberly Baird Board Member | 10 | $0 | |
Pam Hey Treasurer | 10 | $0 | |
Beth Wood Vice President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $109,972 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $109,972 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $30,797 |
Professional fees and other payments to independent contractors | $3,456 |
Occupancy, rent, utilities, and maintenance | $7,066 |
Printing, publications, postage, and shipping | $1,475 |
Other expenses | $32,032 |
Total expenses | $74,826 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $218,385 |
Other assets | $0 |
Total assets | $218,385 |
Total liabilities | $1,698 |
Net assets or fund balances | $216,687 |
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