Dallas Convention & Visitors Bureau, operating under the name Visit Dallas, is located in Dallas, TX. The organization was established in 1994. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Visit Dallas employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Dallas 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 09/2023, Visit Dallas generated $31.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $30.4m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Visit Dallas has awarded 24 individual grants totaling $7,737,000. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO MARKET DALLAS GLOBALLY TO BENEFIT OUR COMMUNITY AND VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CITY SALES AND MARKETING: FISCAL YEAR 2023 (FY23) WAS MARKED BY SIGNIFICANT MILESTONES AND DEVELOPMENT IN DALLAS' FUTURE, UNDERSCORING A COMMITMENT TO ENHANCING THE CITY AS A PREMIER DESTINATION FOR BUSINESS AND LEISURE TRAVEL. IT WAS DEFINED BY THE PROGRESS OF SEVERAL KEY PROJECTS, SUCCESSFUL PARTNERSHIPS AND STRATEGIC EFFORTS, MOST NOTABLY THE PASSING OF PROPOSITION A WHICH CEMENTED DALLAS' PLANS AND FUNDING FOR A NEW AND EXPANDED CONVENTION CENTER. THE BALLOT INITIATIVE AUTHORIZED A 2% INCREASE IN THE CITY'S HOTEL OCCUPANCY TAX, AND PLANS ARE ON TRACK TO BREAK GROUND FOR THE NEW CONVENTION CENTER IN 2024.THE MEETINGS AND EVENTS LANDSCAPE CONTINUES TO IMPROVE. OVER THE PAST SEVERAL YEARS, LEAD VOLUME HAS CONTINUED TO INCREASE. IN FY23, THE VISIT DALLAS SALES TEAM SURPASSED FY19 LEAD VOLUME BY ALMOST 500 LEADS.IN FY23, VISIT DALLAS BOOKED BOOKED 2.13 MILLION ROOM NIGHTS FOR A TOTAL ECONOMIC IMPACT OF $2.27 BILLION. THE TEAM BOOKED 1,416 EVENTS, INCLUDING 17 CITYWIDES. OUR DYNAMIC SALES TEAM PURSUED NEW OR RENEWED LEADS AND SECURED 33 CITYWIDE BOOKINGS FOR 2029 AND BEYOND, REPRESENTING 649,472 DEFINITE NEW ROOM NIGHTS. WITH KEY PARTNERS THROUGHOUT THE CITY, VISIT DALLAS TOOK A LEADERSHIP ROLE IN SOLIDIFYING A NEW, UNIFIED DESTINATION BRAND IDENTITY. THROUGH EXTENSIVE RESEARCH, INCLUDING INTERVIEWS, SURVEYS, FOCUS GROUPS, AND WORKSHOPS, ONE THING BECAME VERY CLEAR - THE STRENGTH OF DALLAS LIES IN ITS PEOPLE. THIS VIBRANT COMMUNITY IS CHARACTERIZED BY A CAN-DO SPIRIT, PRIDE AND WELCOMING PERSONALITY. IN SEPTEMBER 2023, THE MARKETING AND BRAND COMMITTEES APPROVED THE FINAL BRAND PLATFORM RECOMMENDATION.AS THE VISIT DALLAS MARKETING TEAM WORKED THROUGH A TRANSITION YEAR BETWEEN ADVERTISING AGENCY PARTNERS, THE FIND YOUR ALL PAID MEDIA CAMPAIGN RAN IN PRIMARY MARKETS.THE TOTAL PAID MEDIA INVESTMENT FOR FY23 WAS $3.5 MILLION - 70% INVESTED IN THE LEISURE MARKET AND 30% INVESTED IN TRADE - AND PRODUCED MORE THAN 246 MILLION IMPRESSIONS AND 147,000 VISITS. MOST NOTABLY, CAMPAIGN PERFORMANCE EXCEEDED THE FY23 MARKETING ROOM NIGHT GOAL BY AN IMPRESSIVE 13%, CONTRIBUTING A TOTAL OF 320,670 ROOM NIGHTS. THIS SUCCESS TRANSLATED TO A SUBSTANTIAL ECONOMIC IMPACT OF $240,380,820, REPRESENTING A RETURN OF $125 FOR EVERY DOLLAR SPENT ON ADVERTISING.
EVENT PROCUREMENT AND HOSPITALITY: VISITORS TO DALLAS CONTRIBUTED $6 BILLION IN DIRECT SPENDING WITH A TOTAL IMPACT OF $9.6 BILLION TO THE CITY'S ECONOMY, GENERATING 56,000 JOBS. FY23 FOCUSED HEAVILY ON NEW BOOKING STRATEGIES FOR 2025-2028. IN RESPONSE TO THE UPCOMING CONSTRUCTION OF A NEW CONVENTION CENTER BEGINNING IN 2024, THE VISIT DALLAS SALES COMMITTEE AND TEAM, ALONG WITH THE DTPID BOARD OF DIRECTORS, PROACTIVELY ADDRESSED POTENTIAL ROOM NIGHT LOSSES IN 2025-2028. THE PRIMARY FOCUS IS TO BOOST GROUP BUSINESS BY INTRODUCING NEW INCENTIVES, COUNTERING THE REVENUE IMPACT ON THE CITY DURING THE CONSTRUCTION PERIOD. THIS KEY INITIATIVE INVOLVES COLLABORATING WITH TOP THIRD-PARTY MEETING PLANNING PARTNERS AND SELLING AVAILABLE DATES DURING THE CONSTRUCTION PERIOD BY OFFERING INCREASED INCENTIVES TO THEIR CUSTOMERS FOR CONFIRMED BUSINESS BETWEEN 2025-2028. ALSO IN FY23, THE DALLAS SPORTS COMMISSION (DSC) HOSTED THE 2023 NCAA WOMEN'S FINAL FOUR. THE FINAL FOUR WAS A COMBINED CHAMPIONSHIP WITH DIVISION I, DIVISION II AND DIVISION III NATIONAL CHAMPIONSHIPS HOSTED AT THE AMERICAN AIRLINES CENTER. OVER 18.9M VIEWERS TUNED INTO THE BROADCAST TO SEE LSU COME AWAY THE DI NATIONAL CHAMPION. EACH GAME HAD 19,000 FANS IN ATTENDANCE, WITH 46 OUT OF 50 STATES REPRESENTED. OVERALL, THE 2023 NCAA WOMEN'S FINAL FOUR HAS PROVEN TO BE ONE OF THE WORLD'S MOST SUCCESSFUL WOMEN'S SPORTING EVENTS, AND AS THE CHERRY ON TOP, THE DSC SECURED THE 2031 NCAA WOMEN'S FINAL FOUR. DALLAS WAS ALSO RECOGNIZED AS THE NO. 1 SPORTS BUSINESS CITY BY SPORTS BUSINESS JOURNAL (SBJ) ON MARCH 20, 2023.
DTPID PROGRAM MANAGEMENT:PAID MEDIA PLACEMENTS EXECUTED THROUGH THE VISIT DALLAS TEAM RESULTED IN 246 MILLION IMPRESSIONS IN FY23.DTPID-SPONSORED CONFERENCES AND TRADESHOWS WERE EXECUTED BY VISIT DALLAS TO AMPLIFY THE DALLAS BRAND. THESE EVENTS PRODUCED VITAL ONE-ON-ONE APPOINTMENTS WITH ACCESS TO IMPORTANT DECISION-MAKERS WHO DETERMINE THE PLACEMENT OF FUTURE EVENTS AND MEETINGS.THE DTPID EVENT MARKETING INCENTIVE - MANAGED BY VISIT DALLAS - CONTINUED TO SIGNIFICANTLY IMPACT OUR CULTURAL INSTITUTIONS BY INJECTING NEARLY $1.5 MILLION TO BENEFIT 74 ORGANIZATIONS, GENERATING 172,605 REPORTED HOTEL ROOM NIGHTS.IN FY23, THE DTPID PROVIDED FUNDING TO SUPPORT 324 SITE VISITS AND FAMS - KEEPING DALLAS A TOP PLAYER IN WORLDWIDE DESTINATIONS - AS VISIT DALLAS BROUGHT TOUR OPERATORS, TRAVEL AGENTS, JOURNALISTS, AND EVENT PLANNERS TO DALLAS TO EXPERIENCE THE CITY FIRST-HAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Crosby Director | Trustee | 0 | $0 |
Jean Maier Dean Director | Trustee | 0 | $0 |
John Ackerman Director (ex-Officio) | Trustee | 0 | $0 |
Mohammed Farshori Director | Trustee | 0 | $0 |
Rosa Fleming Director (ex-Officio) | Trustee | 0 | $0 |
Andrea Gates Director | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Talk Nerdy To Me Llc Dba The Event Nerd Event Services | 9/29/23 | $335,602 |
Cvent Event Services | 9/29/23 | $319,421 |
Freeman Design Services | 9/29/23 | $302,989 |
Greenhaus Inc Marketing Services | 9/29/23 | $283,246 |
Rand Construction Corporation Construction Services | 9/29/23 | $246,632 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $12,988,941 |
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 | $12,988,941 |
Total Program Service Revenue | $18,017,738 |
Investment income | $41,758 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$83,765 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $31,461,306 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,737,000 |
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. | $2,893,009 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,606,889 |
Pension plan accruals and contributions | $225,019 |
Other employee benefits | $2,223,130 |
Payroll taxes | $639,164 |
Fees for services: Management | $0 |
Fees for services: Legal | $112,556 |
Fees for services: Accounting | $114,404 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $825,766 |
Advertising and promotion | $888,223 |
Office expenses | $241,353 |
Information technology | $629,604 |
Royalties | $0 |
Occupancy | $678,484 |
Travel | $846,177 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,336,383 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $222,355 |
Insurance | $74,476 |
All other expenses | $138,835 |
Total functional expenses | $30,424,745 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,748,142 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,710,145 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $456,064 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $969,908 |
Net Land, buildings, and equipment | $1,016,039 |
Investments—publicly traded securities | $159,502 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,039,284 |
Other assets | $426,515 |
Total assets | $24,525,599 |
Accounts payable and accrued expenses | $3,567,928 |
Grants payable | $0 |
Deferred revenue | $7,819,099 |
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 | $847,571 |
Total liabilities | $12,234,598 |
Net assets without donor restrictions | $10,553,001 |
Net assets with donor restrictions | $1,738,000 |
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 | $24,525,599 |
Over the last fiscal year, Dallas Convention & Visitors Bureau has awarded $7,737,000 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
ATHLETES UNLIMITED LLC PURPOSE: EVENT SUPPORT | $130,000 |
DALLAS CUP INC PURPOSE: EVENT SUPPORT | $15,000 |
DALLAS WHITE ROCK MARATHON PURPOSE: EVENT SUPPORT | $15,000 |
ESPN PRODUCTIONS INC PURPOSE: EVENT SUPPORT | $115,000 |
GF SPORTS & ENTERTAINMENT LLC PURPOSE: EVENT SUPPORT | $140,000 |
DESTINATIONS INTERNATIONAL PURPOSE: EVENT SUPPORT | $90,000 |