Visit Muncie Inc is located in Muncie, IN. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Muncie Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
VISIT MUNCIE WORKS TIRELESSLY TO ENHANCE THE ECONOMY AND QUALITY OF LIFE OF THE MUNCIE/ DELAWARE COUNTY BY COLLABORATIVELY LEADING THE MARKETING AND PROMOTION OF THE REGION'S ATTRACTIONS, CULTURAL ASSETS, AND OUTDOOR AS A MAGNET FOR PEOPLE FROM AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND PROMOTE DEVELOPMENT AND GROWTH OF THE CONVENTION, RECREATION AND VISITOR INDUSTRY IN THE COUNTY OF DELAWARE, STATE OF INDIANA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jarod Walls President | OfficerTrustee | 2 | $0 |
Nick Papanfria Vice President | OfficerTrustee | 2 | $0 |
Dillon Carpenter Treasurer | OfficerTrustee | 2 | $0 |
Sally Piper Secretary | OfficerTrustee | 2 | $0 |
Heidi Hale Director | Trustee | 2 | $0 |
Kenneth Reed Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $857,234 |
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 | $857,234 |
Total Program Service Revenue | $19,550 |
Investment income | $0 |
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 | -$5,182 |
Miscellaneous Revenue | $0 |
Total Revenue | $871,602 |
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. | $100,576 |
Compensation of current officers, directors, key employees. | $25,144 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $135,924 |
Pension plan accruals and contributions | $12,852 |
Other employee benefits | $57,221 |
Payroll taxes | $25,784 |
Fees for services: Management | $1,211 |
Fees for services: Legal | $7,997 |
Fees for services: Accounting | $22,453 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $1,611 |
Royalties | $0 |
Occupancy | $62,835 |
Travel | $7,479 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,743 |
All other expenses | $28,599 |
Total functional expenses | $715,454 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $206,633 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $63 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $206,696 |
Accounts payable and accrued expenses | $2,711 |
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 | $0 |
Total liabilities | $2,711 |
Net assets without donor restrictions | $203,985 |
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 | $206,696 |