Wichita Convention & Tourism Bureau
- Assets
- $4.4m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 28
- Location
- Wichita, KS
- Founding
- 05/1981
- Data as of
- 12/2023
- 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 12/2023, Visit Wichita employed 28 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 12/2023, Visit Wichita generated $7.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $7.2m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 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
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 |
|---|---|---|---|
Name Not Listed Director/vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director/secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Director/chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director/immediate Past Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director/treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Teammedia Advertising Llc Agency That Purchases Television Advertising | 12/30/23 | $419,012 |
Big Corner Creative Agency Fees And Social Media Advertising | 12/30/23 | $108,973 |
Datafy Llc Analytics Dashboard, Digital Media Agency Fees, Digital Media Buy | 12/30/23 | $1,345,317 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $139,836 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $139,836 |
| Total Program Service Revenue | $6,923,047 |
| Investment income | $42,108 |
| 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 | $7,116,955 |
| 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. | $350,129 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,347,940 |
| Pension plan accruals and contributions | $69,087 |
| Other employee benefits | $151,618 |
| Payroll taxes | $113,770 |
| Fees for services: Management | $7,800 |
| Fees for services: Legal | $8,023 |
| Fees for services: Accounting | $35,762 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,479 |
| Advertising and promotion | $3,500,903 |
| Office expenses | $113,731 |
| Information technology | $105,960 |
| Royalties | $0 |
| Occupancy | $200,254 |
| Travel | $7,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,928 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,976 |
| All other expenses | $126,004 |
| Total functional expenses | $7,200,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,129 |
| Savings and temporary cash investments | $2,513,826 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $170,637 |
| 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 | $52,789 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,068,147 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $311,155 |
| Total assets | $4,405,683 |
| Accounts payable and accrued expenses | $489,626 |
| Grants payable | $0 |
| Deferred revenue | $125,521 |
| 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 | $311,155 |
| Total liabilities | $926,302 |
| Net assets without donor restrictions | $3,479,381 |
| 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 | $4,405,683 |