Austin Convention And Visitors Bureau Inc, operating under the name Visit Austin, is located in Austin, TX. The organization was established in 1998. 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 Austin employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Austin 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 Austin generated $14.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $13.2m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Visit Austin has awarded 38 individual grants totaling $1,782,066. 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
MARKETING AUSTIN NATIONALLY AND INTERNATIONALLY AS A PREMIER BUSINESS AND LEISURE DESTINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION SERVICES TEAM PROVIDED MEETING SERVICES ON 2,917 ACCOUNTS. ADDITIONALLY, CONVENTION SERVICES CONDUCTED 106 SITE VISITS AND PLANNING MEETINGS. LOCAL BUSINESSES RECEIVED 1,059 SUPPLIER REFERRALS AND LEADS. THE TEAM ALSO MET WITH 179 LOCAL BUSINESSES TO EDUCATE THEM ON WORKING WITH THE CONVENTION AND MEETINGS MARKET IN AUSTIN. THE AUSTIN FILM COMMISSION FACILITATED 89,301 PRODUCTION LEADS, 71 PRODUCTION PACKAGES, 29 PRODUCTION STARTS AND 397 PRODUCTION DAYS FISCAL YEAR 2022-23. MARKETING/COMMUNICATIONS -- PAID ADVERTISING EFFORTS CONTINUED TO BE SCALED BACK IN FY 22/23 VS 2019 DUE TO A SMALLER MEDIA BUDGET. WE LAUNCHED A NEW MEDIA AND CREATIVE CAMPAIGN IN SUMMER 2023, "VISIT AUSTIN - YOU'RE IN FOR A SHOW." IN OUR MUSIC OFFICE, WE HAVE SEEN A RESURGENCE IN MUSIC RECOVERY. BETWEEN AUGUST AND SEPTEMBER, WE RAN A CAMPAIGN IN PARTNERSHIP WITH THE CITY OF AUSTIN'S MUSIC & ENTERTAINMENT DIVISION. THIS CAMPAIGN YIELDED 3.8M IMPRESSIONS AND HAD JUST OVER 15K DIRECT LOCAL VENUE & ARTIST REFERRALS. OUR WEBSITE VISITAUSTIN.ORG EARNED 6.2M UNIQUE VISITS AND MORE THAN 15.1M PAGEVIEWS. OUR SOCIAL MEDIA ACCOUNTS (FACEBOOK, INSTAGRAM, TWITTER, TIKTOK) EARNED 44.2M TOTAL IMPRESSIONS AND 3.69M ENGAGEMENTS. MOST NOTABLY, WE SAW A 71.9% INCREASE IN LINK CLICKS DRIVING TO CUSTOM CONTENT ABOUT AUSTIN FOR POTENTIAL VISITORS. INCREASING TRAVELER PREFERENCE AND USE OF DIGITAL MEDIA ALSO EXTENDS TO OUR PUBLICATIONS AS EVIDENCED BY THE NUMBER OF VISITOR GUIDE REQUESTS: 72,084. WE ALSO DID A COMPLETE REFRESH OF OUR TRANSLATED SECTIONS OF VISITAUSTIN.ORG INTO 7 LANGUAGES. FOLLOWING OUR UPDATE DESTINATION VIDEOS RELEASED LAST YEAR, WE ALSO RELEASED 10 NEW DISTRICT VIDEOS SHOWCASING AUSTIN'S ENTERTAINMENT DISTRICTS AND AREAS OF TOWN. DURING THIS PRODUCTION, WE FEATURED MORE THAN 165 LOCAL BUSINESSES AND WORKED WITH 10 LOCAL MUSICIANS ON THE MUSIC TRACKS. TOURISM -- LEISURE TRAVEL HAS BEEN DRIVING RECOVERY FOR OUR HOSPITALITY PARTNERS. THE VISIT AUSTIN TOURISM DEPARTMENT FOCUSED ON ACHIEVING DIRECT GROWTH WITH TOUR PROVIDERS AND PARTNERSHIPS WITH INDUSTRY ENTITIES INCLUDING BRAND USA, UNITED STATES TRAVEL ASSOCIATION, HABLO AND THE TEXAS TOURISM OFFICE. IN PARTNERSHIP WITH TRAVEL TEXAS, WE PRODUCED AN IPW 2023 ACTIVATION AT THE ALAMO WITH TRAVEL TEXAS AND HOSTED 60+ MEDIA AND TRAVEL TRADE GUESTS PRE/POST CONFERENCE. WE HAVE EXPANDED CONTRACTING WITH INTERNATIONAL-BASED REPRESENTATION TO ASSIST WITH ONGOING MARKETING AND FLIGHT SERVICE ACTIVITIES IN THE UK, EUROPE, MEXICO, CANADA, ASIA AND LATIN/CENTRAL AMERICA. THE TOURISM STAFF ALSO WORKED WITH THE AUSTIN AIRPORT TO SECURE AND REINSTATE AIR SERVICE INCLUDING THE LAUNCH OF THE PANAMA CITY FLIGHT ON COPA IN JULY 2023. CONVENTION SALES GENERATED 609,922 HOTEL ROOM NIGHTS. CONVENTION CENTER BOOKINGS REPRESENTED 153,868 OF THOSE ROOM NIGHTS. 4,466 LEADS WERE GENERATED REPRESENTING OVER 4.86M ROOM NIGHTS.SIGNIFICANT BOOKINGS INCLUDE: BEHIND THE CHAIR -- AUGUST 2023, 3,970 HOTEL ROOM NIGHTS, 2,800 ATTENDEESAFROTECH-BLAVITY -- NOVEMBER 2023, 7,745 HOTEL ROOM NIGHTS, 15,000 ATTENDEESWORKHUMAN -- APRIL 2024, 7,380 HOTEL ROOM NIGHTS, 2,000 ATTENDEESCOINDESK-CONSENSUS -- MAY 2024, 10,000 HOTEL ROOM NIGHTS, 15,000 ATTENDEESKELLER WILLIAMS REALTY INTERNATIONAL -- AUGUST 2024, 9,233 HOTEL ROOM NIGHTS, 8,000 ATTENDEESCLIO -- OCTOBER 2024, 6,092 HOTEL ROOM NIGHTS, 3,000 ATTENDEESALTERYX -- JANUARY 2025, 6,555 HOTEL ROOM NIGHTS, 3,000 ATTENDEES
MUSIC MARKETING OFFICE CONFIRMED 141 PERFORMANCE BOOKINGS FOR AUSTIN MUSICIANS AND HAD A TOTAL OF 626 MUSIC INQUIRIES. THE MUSIC OFFICES' KEY ACCOMPLISHMENTS INCLUDED SUPPORTING LOCAL MUSICIANS WITH PERFORMANCE OPPORTUNITIES AS WELL AS 11 MUSIC LICENSING OPPORTUNITIES FOR AUSTIN SONGWRITERS. THE MUSIC OFFICE ALSO BROUGHT BACK THE "LOCAL AND LIVE" MUSIC AND MAKER SERIES TO OUR VISIT AUSTIN VISITOR CENTER FEATURING 5 PERFORMERS DURING SXSW WEEK IN 23 AS WELL AS 5 PERFORMANCES IN FALL 22. IN AUGUST TO SEPT 2023, VISIT AUSTIN PARTNERED WITH CITY OF AUSTIN'S MUSIC AND ENTERTAINMENT DIVISION TO CREATE A MUSIC-FOCUSED RECOVERY CAMPAIGN AND MEDIA BUY. THE 2023 RECOVERY CAMPAIGN RESULTED IN 3.8M+ BRAND IMPRESSIONS AND 15,473 DIRECT ARTISTS AND VENUE REFERRALS. IN ADDITION, THE MUSIC OFFICE HOSTED AUSTIN MUSIC SHOWCASES AND PERFORMANCES IN LONDON, GLASGOW, CHICAGO, WASHINGTON D.C., SAN ANTONIO, AND DALLAS IN CONJUNCTION WITH THE BUREAU'S SALES AND MARKETING EFFORTS.
STRATEGIC ALLIANCES -- FY 22-23 PROGRAM ACCOMPLISHMENTS INCLUDE BUT ARE NOT LIMITED TO: 1) GENERATED APPROXIMATELY $795,000 IN REVENUE VIA VARIOUS PARTNER PROGRAM ACTIVITIES, SALES/MARKETING PARTICIPATION AGREEMENTS, EVENT SPONSORSHIPS, ETC.; 2) CONDUCTED SUCCESSFUL ROLLOUT OF 2024 PARTNER PROGRAM OPPORTUNITIES SIGN UPS; 3) FACILITATED 9 HOTEL ASSESSMENT RENEWALS, RESULTING IN $254,843 IN REVENUE; 4) SECURED INKIND/DONATED SERVICES FOR VARIOUS INITIATIVES, RESULTING IN $324,981 IN EXPENSE OFFSET; 5) RENEGOTIATED ALL 2023 "INDUSTRY" PARTNERSHIPS (PROFESSIONAL CONVENTION MANAGEMENT ASSOCIATION (PCMA) AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), TEXAS SOCIETY OF ASSOCIATIONS EXECUTIVES (TSAE), ETC.) TO PROVIDE COST SAVINGS TO VISIT AUSTIN AS WELL AS FACILITATED PROGRAM SHIFTS AND RENEGOTIATED ASSETS BASED ON NEW PROGRAM FORMATS AND OFFERINGS FOR EACH ORGANIZATION; 6) FACILITATED PRODUCTION AND OVERSIGHT OF THE 2022 VISIT AUSTIN ANNUAL MEETING FOR APPROXIMATELY 600 ATTENDEES RESULTING IN INCREASED ATTENDANCE, REGISTRATION REVENUE, SPONSORSHIP REVENUE AND DONATED SERVICES/INKIND OVER THE PREVIOUS YEAR; 7) LEVERAGED OUR STRATEGIC PARTNERSHIP WITH INDUSTRY ORGANIZATIONS TO CREATE UNIQUE "AUSTIN-CENTRIC" PROMOTIONS ACTIVATIONS AND CONTENT TO PROVIDE AUSTIN BRAND EXPOSURE AND EXPOSURE TO MEETING AND CONVENTION PLANNER ATTENDEES, INCORPORATING LIVE MUSIC FROM AUSTIN WHENEVER POSSIBLE TO SHOWCASE AUSTIN AS LIVE MUSIC CAPITAL OF THE WORLD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Lo Board Chair | OfficerTrustee | 1 | $0 |
Mayor Steve Adler Director | Trustee | 1 | $0 |
Scott Blalock Director | Trustee | 1 | $0 |
Joe Bolash Director | Trustee | 1 | $0 |
Tina Cannon Director | Trustee | 1 | $0 |
Billy Carter Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cousins Properties Office Lease | 9/29/23 | $787,779 |
Blue Cross Blue Shield Employee Medical Benefits | 9/29/23 | $408,537 |
Arts & Labor Video Production Agency | 9/29/23 | $265,890 |
Orange 142 Advertising Agency | 9/29/23 | $215,291 |
Simpleview Website Hosting/database Maint | 9/29/23 | $168,129 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $14,383,785 |
Investment income | $30,037 |
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 | $402,233 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,816,055 |
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. | $1,565,319 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,637,017 |
Pension plan accruals and contributions | $229,142 |
Other employee benefits | $518,514 |
Payroll taxes | $530,024 |
Fees for services: Management | $0 |
Fees for services: Legal | $228,158 |
Fees for services: Accounting | $29,050 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $298,839 |
Advertising and promotion | $1,273,639 |
Office expenses | $191,736 |
Information technology | $110,337 |
Royalties | $0 |
Occupancy | $1,390,743 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $8,571 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $156,839 |
Insurance | $63,783 |
All other expenses | $116,384 |
Total functional expenses | $13,209,054 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,491 |
Savings and temporary cash investments | $4,309,511 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,985,598 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $121,165 |
Prepaid expenses and deferred charges | $704,620 |
Net Land, buildings, and equipment | $206,269 |
Investments—publicly traded securities | $438,008 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,120,543 |
Total assets | $19,887,205 |
Accounts payable and accrued expenses | $987,622 |
Grants payable | $130,746 |
Deferred revenue | $74,401 |
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 | $33,267 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $10,681,274 |
Total liabilities | $11,907,310 |
Net assets without donor restrictions | $7,979,895 |
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 | $19,887,205 |
Over the last fiscal year, Austin Convention And Visitors Bureau Inc has awarded $66,900 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FOUNDATION FOR THE PRESERVATION OF THE HISTORIC MILLETT OPERA HOUSE PURPOSE: HISTORICAL PRESERVATION | $39,900 |
UMLAUF SCULPTURE GARDEN AND MUSEUM PURPOSE: HISTORICAL PRESERVATION | $27,000 |