Us Travel Association
- Assets
- $29.2m
- Revenue
- $29.2m
- Investments
- $0.0
- Employees
- 59
- Location
- Washington, DC
- Founding
- 04/1964
- Data as of
- 12/2022
- EIN
- 53-0231139
Organization Overview
Us Travel Association is located in Washington, DC. The organization was established in 1964. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Us Travel Association employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Us Travel Association 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 12/2022, Us Travel Association generated $29.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $31.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Us Travel Association has awarded 37 individual grants totaling $346,855. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE U.S. TRAVEL ASSOCIATION IS TO INCREASE TRAVEL TO AND WITHIN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRADE SHOWS AND EVENTS - U.S. TRAVEL ASSOCIATION'S IPW IS THE TRAVEL INDUSTRY'S PREMIER INTERNATIONAL MARKETPLACE AND IS THE LARGEST GENERATOR OF INTERNATIONAL TRAVEL TO THE U.S. MORE THAN 900 US TRAVEL ORGANIZATIONS FROM EVERY REGION OF THE USA AND REPRESENTING ALL INDUSTRY CATEGORY COMPONENTS AND OVER 1,300 INTERNATIONAL AND DOMESTIC BUYERS FROM MORE THAN 70 COUNTRIES CONDUCT BUSINESS NEGOTIATIONS THAT RESULT IN THE GENERATION OF $4.7 BILLION IN FUTURE TRAVEL TO THE UNITED STATES. AT IPW, BUYERS AND SELLERS ARE ABLE TO CONDUCT BUSINESS THAT WOULD OTHERWISE BE GENERATED ONLY THROUGH AN EXHAUSTIVE NUMBER OF AROUND-THE-WORLD TRIPS. THE EDUCATIONAL SEMINAR FOR TOURISM ORGANIZATIONS (ESTO) IS THE PREMIER ANNUAL LEARNING AND KNOWLEDGE-SHARING FORUM FOR DESTINATION MARKETING PROFESSIONALS. IT IS UNIQUE IN THAT IT IS CREATED BY AND EXCLUSIVELY FOR THIS SPECIFIC TARGET AUDIENCE. ESTO IS NOT OPEN TO OTHER INDUSTRY SECTORS. ESTO IS THE PLACE WHERE DESTINATION PROFESSIONALS GO TO LEARN ABOUT NEW TOOLS AND TECHNIQUES, SHARE BEST PRACTICES AND DEBATE PRESSING ISSUES AFFECTING DESTINATIONS IN A NON-SALES ENVIRONMENT.
GOVERNMENT AFFAIRS -- U.S. TRAVEL'S ADVOCACY AGENDA SEEKS TO INCREASE TRAVEL TO AND WITHIN THE UNITED STATES BY REMOVING UNNECESSARY TRAVEL BARRIERS AND MAKING THE TRAVEL PROCESS MORE SEAMLESS AND SECURE.
CONVENING TRAVEL LEADERS - THROUGH ITS VARIOUS COUNCILS, COMMITTEES, AND COALITIONS, U.S. TRAVEL ASSOCIATION CONVENES TRAVEL LEADERS TO DISCUSS SHARED CHALLENGES AND PRIORITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Duffy Chair | OfficerTrustee | 0.5 | $0 |
Fred Dixon Vice Chair | OfficerTrustee | 0.5 | $0 |
Julie Coker Vice Chair | OfficerTrustee | 0.5 | $0 |
Sharon Siskie Vice Chair | OfficerTrustee | 0.5 | $0 |
Mike Dominguez Secretary | OfficerTrustee | 0.5 | $0 |
Stephen Revetria Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tourism Economics Consulting | 12/30/22 | $489,435 |
Tse Management Consulting | 12/30/22 | $472,717 |
Rokk Solutions Consulting | 12/30/22 | $266,200 |
Tuffin Reilly Pllc Legal | 12/30/22 | $263,017 |
Prologue Strategy Llc Consulting | 12/30/22 | $240,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,839,136 |
| Noncash contributions included in lines 1a–1f | $1,282,165 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,839,136 |
| Total Program Service Revenue | $26,062,580 |
| Investment income | $385,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$309,537 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,239,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $82,468 |
| 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. | $7,271,254 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,291,155 |
| Pension plan accruals and contributions | $123,407 |
| Other employee benefits | $1,052,266 |
| Payroll taxes | $693,519 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $373,310 |
| Fees for services: Accounting | $73,796 |
| Fees for services: Lobbying | $1,098,214 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $132 |
| Fees for services: Other | $2,202,225 |
| Advertising and promotion | $538,969 |
| Office expenses | $192,618 |
| Information technology | $753,231 |
| Royalties | $0 |
| Occupancy | $1,343,490 |
| Travel | $568,227 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,072,970 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $392,039 |
| Insurance | $190,158 |
| All other expenses | $111,931 |
| Total functional expenses | $31,358,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,403,679 |
| Savings and temporary cash investments | $18,807,630 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $517,153 |
| 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 | $801,839 |
| Net Land, buildings, and equipment | $1,011,446 |
| Investments—publicly traded securities | $308,531 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,377,370 |
| Total assets | $29,227,648 |
| Accounts payable and accrued expenses | $4,417,657 |
| Grants payable | $0 |
| Deferred revenue | $6,597,055 |
| 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 | $4,023 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,785,446 |
| Total liabilities | $16,804,181 |
| Net assets without donor restrictions | $11,959,138 |
| Net assets with donor restrictions | $464,329 |
| 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 | $29,227,648 |
Grants Awarded
Over the last fiscal year, Us Travel Association has awarded $60,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD FOOD PROGRAM USA PURPOSE: CONTRIBUTION TO UN FOOD BANK PROGRAM IN RESPONSE TO CRISIS IN UKRAINE | $25,000 |
TOURISM DIVERSITY MATTERS PURPOSE: PROGRAM SUPPORT | $10,000 |
CWSG INC PURPOSE: PROGRAM SUPPORT | $10,000 |
AMERICAN HEART ASSOCIATION PURPOSE: EVENT SPONSOR RAISING MONEY FOR THE AMERICAN HEART ASSOCIATION | $10,000 |
TOURISM CARES PURPOSE: PROGRAM SUPPORT | $5,600 |