Wichita Convention & Tourism Bureau
- Assets
- $3.7m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Wichita, KS
- Founding
- 05/1981
- Data as of
- 12/2021
- EIN
- 48-0912280
Organization Overview
Wichita Convention & Tourism Bureau, operating under the name Visit Wichita, is located in Wichita, KS. The organization was established in 1981. 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 12/2021, Visit Wichita employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Wichita 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, Visit Wichita generated $5.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $5.7m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO GROW THE TRAVEL AND TOURISM ECONOMY OF WICHITA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISIT WICHITA HAS A CONTRACTUAL AGREEMENT WITH THE CITY OF WICHITA, KS TO PROMOTE AND ADVANCE CONVENTION AND TOURISM ACTIVITIES IN THE CITY OF WICHITA, KS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Santo President And CEO | Officer | 40 | $202,054 |
Stacy Nelson VP Of Finance/administration | 40 | $106,134 | |
Aj Boleski Secretary | OfficerTrustee | 2 | $0 |
Michelle Stein Vice Chair | OfficerTrustee | 0.5 | $0 |
Scott Ragatz Treasurer | OfficerTrustee | 2 | $0 |
Terry Newman Past Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $536,091 |
| All other contributions, gifts, grants, and similar amounts not included above | $350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $536,441 |
| Total Program Service Revenue | $4,627,897 |
| Investment income | $36,757 |
| 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 | $5,439,635 |
| 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. | $249,191 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $972,060 |
| Pension plan accruals and contributions | $61,781 |
| Other employee benefits | $97,535 |
| Payroll taxes | $86,022 |
| Fees for services: Management | $7,800 |
| Fees for services: Legal | $1,413 |
| Fees for services: Accounting | $28,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,731 |
| Advertising and promotion | $2,948,198 |
| Office expenses | $136,313 |
| Information technology | $75,237 |
| Royalties | $0 |
| Occupancy | $211,820 |
| Travel | $6,017 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,376 |
| All other expenses | $117,575 |
| Total functional expenses | $5,721,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,575 |
| Savings and temporary cash investments | $2,080,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $171,175 |
| 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 | $20,866 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,195,296 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,697,930 |
| Accounts payable and accrued expenses | $191,592 |
| Grants payable | $0 |
| Deferred revenue | $59,014 |
| 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 | $250,606 |
| Net assets without donor restrictions | $3,447,324 |
| 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 | $3,697,930 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Central Oklahoma Workforce Investment Board Inc Oklahoma City, OK | $3,420,947 | $10,316,235 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Wichita Convention & Tourism Bureau Wichita, KS | $3,697,930 | $5,439,635 |
South Central Kansas Economic Development District Inc Sckedd Bel Aire, KS | $6,963,572 | $7,360,259 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |
Economic Development Corporation Of Kansas City Missouri Kansas City, MO | $4,885,634 | $3,918,676 |
I2e Inc Oklahoma City, OK | $27,869,803 | $5,344,576 |
Entrepreneur Startup Business Development Corporation St Louis, MO | $30,546,182 | $5,633,965 |
Greater Northwest Kansas Community Foundation Bird City, KS | $47,390,567 | $21,199,864 |