Visit Bainbridge Island
- Assets
- $27.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bainbridge Island, WA
- Founding
- Data as of
- 12/2023
- EIN
- 83-4290465
Organization Overview
Visit Bainbridge Island is located in Bainbridge Island, WA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Bainbridge Island 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 Bainbridge Island generated $112.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $126.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VISIT BAINBRIDGE ISLAND VBI OPERATES AS THE OFFICIAL DESTINATION MARKETING ORGANIZATION DMO FOR BAINBRIDGE ISLAND, WASHINGTON. VBI IS DEDICATED TO PROMOTING THE ISLAND'S ATTRACTIONS, BUSINESSES AND LIFESTYLE AS AN IDEAL DESTINATION FOR LEISURE AND SPECIAL EVENT TRAVELERS TO THE ISLAND AND REGION. THROUGH COLLABORATIVE PARTNERSHIPS WITH OTHER ISLAND TOURISM ENTITIES, CREATING ISLAND-WIDE ADVERTISING CAMPAIGNS, MAINTAINING A ROBUST VISITOR WEBSITE AND SOCIAL MEDIA, AND HOSTING TRAVEL MEDIA THROUGH FAMILIARIZATION TOURS, VBI AIMS TO GROW BAINBRIDGE ISLAND'S VISIBILITY LEADING TO INCREASED VISITOR SPENDING AND OVERNIGHT STAYS. THIS IN TURN CREATES LONG-TERM AND SUSTAINABLE ECONOMIC GROWTH FOR THE ISLAND AND ITS MANY TOURISM PARTNERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefan Goldby Chairman | 0.25 | $0 | |
Kelle Kitchel-Cooper Vice President | 0.25 | $0 | |
Christine Mueller Executive Dir. | 10 | $10,980 | |
Chantelle Lusebrink Executive Dir. | 30 | $27,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,175 |
| Total Program Service Revenue | $7,795 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,364 |
| Professional fees and other payments to independent contractors | $22,506 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $153 |
| Other expenses | $63,444 |
| Total expenses | $126,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,587 |
| Other assets | $0 |
| Total assets | $27,777 |
| Total liabilities | $8,534 |
| Net assets or fund balances | $19,243 |