Anchorage Convention & Visitors Bureau
- Assets
- $11.3m
- Revenue
- $23.1m
- Investments
- $0.0
- Employees
- 50
- Location
- Anchorage, AK
- Founding
- 10/1975
- Data as of
- 12/2021
- EIN
- 92-0055119
Organization Overview
Anchorage Convention & Visitors Bureau, operating under the name Visit Anchorage, is located in Anchorage, AK. The organization was established in 1975. 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 12/2021, Visit Anchorage employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visit Anchorage 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 12/2021, Visit Anchorage generated $23.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $17.9m during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ANCHORAGE CONVENTION AND VISITORS BUREAU IS TO ATTRACT AND SERVE VISITORS TO ANCHORAGE, ALASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ANCHORAGE CONVENTION AND VISITORS BUREAU IS TO ATTRACT AND SERVE VISITORS TO ANCHORAGE, ALASKA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Saupe CEO & President | Officer | 40 | $170,770 |
David Kasser Director | Officer | 40 | $119,386 |
John Ed Rutledge Controller | Officer | 40 | $104,545 |
Shawn Bass It Director | Officer | 40 | $102,737 |
Kathy Dunn VP Communications | Officer | 40 | $101,072 |
Bill Popp Advisor | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $326,987 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,100,215 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,358,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,785,262 |
| Total Program Service Revenue | $111,161 |
| Investment income | $545 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,092,193 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,983,921 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100,398 |
| Payroll taxes | $149,885 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,175 |
| Fees for services: Accounting | $29,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,793 |
| Advertising and promotion | $3,005,142 |
| Office expenses | $202,797 |
| Information technology | $109,770 |
| Royalties | $0 |
| Occupancy | $388,480 |
| Travel | $364,943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $502,975 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,533 |
| Insurance | $397,950 |
| All other expenses | $10,501,067 |
| Total functional expenses | $17,931,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,463,493 |
| Savings and temporary cash investments | $908,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,449,736 |
| 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 | $343,592 |
| Net Land, buildings, and equipment | $100,035 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,264,868 |
| Accounts payable and accrued expenses | $474,386 |
| Grants payable | $0 |
| Deferred revenue | $265,144 |
| 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 | $327,458 |
| Total liabilities | $1,066,988 |
| Net assets without donor restrictions | $10,197,880 |
| 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 | $11,264,868 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anchorage Convention & Visitors Bureau Anchorage, AK | $11,264,868 | $23,092,193 |
Seattle-King County Convention And Visitors Bureau Seattle, WA | $9,612,015 | $12,509,131 |
Western United States Agricultural Trade Association Vancouver, WA | $8,949,340 | $8,386,044 |
Fairbanks Convention And Visitors Bureau Fairbanks, AK | $2,458,123 | $5,662,617 |
Washington Association Of Realtors Olympia, WA | $17,163,792 | $6,357,823 |
Pacific Lumber Inspection Bureau Federal Way, WA | $3,862,387 | $4,417,361 |
Tri-Cities Visitor & Convention Bureau Kennewick, WA | $3,619,128 | $3,350,162 |
Alaska Oil And Gas Association Anchorage, AK | $1,444,563 | $2,236,646 |
Washington Roundtable Seattle, WA | $694,063 | $1,580,926 |
National Center For Apec Seattle, WA | $3,822,560 | $1,598,097 |
Local Development Council Of Tacoma Tacoma, WA | $499,995 | $1,252,672 |
Ypo Inc Kirkland, WA | $618,636 | $929,066 |