San Luis Obispo Visitors & Conference Bureau Incorporated, operating under the name Vist Slo Cal, is located in San Luis Obispo, CA. The organization was established in 1990. 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 06/2023, Vist Slo Cal employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vist Slo Cal 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 06/2023, Vist Slo Cal generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $10.5m during the year ending 06/2023. While expenses have increased by 21.1% per year over the past 8 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
TO INSPIRE TRAVEL AND FOSTER OUR UNIQUE EXPERIENCES TO CREATE LIFE-LONG AMBASSADORS AND ECONOMIC GROWTH FOR SAN LUIS OBISPO COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FY 23 WAS ANOTHER RECORD-SETTING YEAR FOR TOURISM IN SLO CAL, WITH TOURISM'S ECONOMIC IMPACT TO OUR LOCAL ECONOMY TOPPING $2.15B IN 2022. VISIT SLO CAL CONTINUED TO MAKE SIGNIFICANT STRIDES IN SUPPORTING ONE OF THE REGION'S TOP ECONOMIC DRIVERS AND IS PROUD OF THE PARTNERSHIP WITH ALL OF YOU. OUR FISCAL YEAR STARTED WITH A BRAND AWARENESS STUDY TO ASSESS RECALL OF THE SLO CAL BRAND IN OUR KEY MARKETS. WE FOUND NEARLY ONE IN 10 TRAVELERS IN KEY MEDIA MARKETS RECALL SEEING OUR ADS, AND 97 PERCENT HAD A FAVORABLE IMPRESSION. TO CONTINUE OUR FORWARD MOMENTUM, A $3M ADVERTISING SPEND WAS PLACED TO PROMOTE VISITATION TO THE REGION. IN THE FALL, SLO CAL HOSTED THE VISIT CALIFORNIA LUXURY FORUM, BRINGING 40 LUXURY BUYERS TO THE REGION FROM ACROSS THE WORLD. THE EVENT INCLUDED 40 SUPPLIERS FROM THROUGHOUT CALIFORNIA AND BROUGHT SLO CAL TO LIFE THROUGH 33 UNIQUE EXPERIENCES, ALLOWING US TO HIGHLIGHT THE WORLD-CLASS TOURISM PRODUCT IN OUR REGION TO KEY INTERNATIONAL LUXURY BUYERS.
AS FY 23 CAME TO AN END, WE DEVELOPED AND FINALIZED STRATEGIC DIRECTION 2026 AFTER SOLICITING INPUT FROM KEY INVESTORS, PARTNERS AND STAKEHOLDERS. THIS THREE-YEAR STRATEGY FUNCTIONS AS VISIT SLO CAL'S NORTH STAR AND PROVIDES A ROADMAP FOR WORK BEING DONE THROUGHOUT THE ORGANIZATION TO BENEFIT THE COMMUNITY.
VISIT SLO CAL LAUNCHED SLO CAL WELCOME, A FIRST-OF-ITS-KIND CUSTOMER SERVICE TRAINING PROGRAM DEVELOPED SPECIFICALLY FOR SLO CAL'S TRAVEL AND TOURISM INDUSTRY. SINCE THE PROGRAM LAUNCHED IN NOVEMBER 2022, OVER 700 CUSTOMER-FACING STAFF HAVE BECOME CERTIFIED BY COMPLETING THE EIGHT UNIQUE MODULES. IN THE SPRING, THE VISIT SLO CAL BOARD OF DIRECTORS APPROVED THE EVENTS & FESTIVALS STRATEGY. THIS COUNTYWIDE COLLABORATIVE EFFORT PROVIDES TOOLS AND RESOURCES TO ASSIST LOCAL COMMUNITIES IN GROWING MIDWEEK AND OFF-PEAK VISITATION WHILE MAINTAINING AND IMPROVING RESIDENT QUALITY OF LIFE.
THROUGH OUR CONTINUED ADVOCACY EFFORTS, VISIT SLO CAL COOPERATIVELY FUNDED AN INDEPENDENT STUDY OF THE OCEANO DUNES STATE VEHICULAR RECREATION AREA WITH FUNDING SUPPORT PROVIDED BY SURROUNDING MUNICIPALITIES AND INVITED MORE THAN 40 STAKEHOLDERS TO PARTICIPATE. THE STUDY PROVIDES 20 FUTURE-USE STEWARDSHIP RECOMMENDATIONS TO PLAN THE FUTURE DEVELOPMENT, MANAGEMENT AND PROMOTION OF OCEANO DUNES AND SURROUNDING COMMUNITIES SHOULD OFF-ROAD VEHICLE USE BE PERMANENTLY REDUCED OR COMPLETELY PHASED OUT. VISIT SLO CAL COMMISSIONED A RESIDENT SENTIMENT SURVEY AND FOUND STRONG RESIDENT SENTIMENT TOWARD TOURISM, WITH NEARLY THREE-FOURTHS OF RESIDENTS AGREEING THAT TOURISM IS AN IMPORTANT PART OF SLO CAL'S FUTURE AND TWO-THIRDS STATING THAT TOURISM MAKES THEIR COMMUNITY A BETTER PLACE TO LIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Graves Chair | OfficerTrustee | 2 | $0 |
Hemant Patel Former Chair | OfficerTrustee | 2 | $0 |
Amar Sohi Vice Chair | OfficerTrustee | 2 | $0 |
Clint Pearce Treasurer | OfficerTrustee | 2 | $0 |
Mark Eads Secretary | OfficerTrustee | 2 | $0 |
Alma Ayon Director - Part Year | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Shipyard Llc Advertising | 6/29/23 | $4,592,075 |
Simpleview Inc Marketing | 6/29/23 | $156,550 |
Acacia Productions Marketing | 6/29/23 | $125,510 |
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 | $9,064,493 |
Investment income | $4,143 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$58,551 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,472,253 |
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. | $668,305 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,385,099 |
Pension plan accruals and contributions | $58,911 |
Other employee benefits | $70,976 |
Payroll taxes | $138,639 |
Fees for services: Management | $0 |
Fees for services: Legal | $50,045 |
Fees for services: Accounting | $76,449 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,652,720 |
Advertising and promotion | $3,690,634 |
Office expenses | $39,951 |
Information technology | $49,373 |
Royalties | $0 |
Occupancy | $296,525 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $220,447 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $71,108 |
Insurance | $34,369 |
All other expenses | $85,160 |
Total functional expenses | $10,450,459 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,450,887 |
Savings and temporary cash investments | $2,449,054 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,065,810 |
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 | $356,696 |
Net Land, buildings, and equipment | $319,135 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,459,783 |
Total assets | $8,101,365 |
Accounts payable and accrued expenses | $963,889 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $1,517,533 |
Total liabilities | $2,481,422 |
Net assets without donor restrictions | $5,619,943 |
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 | $8,101,365 |