Marion-Grant County Convention Andvisitors Bureau Inc
- Assets
- $571.1k
- Revenue
- $386.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Marion, IN
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-5295987
Organization Overview
Marion-Grant County Convention Andvisitors Bureau Inc is located in Marion, IN. The organization was established in 2006. 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. As of 12/2021, Marion-Grant County Convention Andvisitors Bureau Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion-Grant County Convention Andvisitors Bureau Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Marion-Grant County Convention Andvisitors Bureau Inc generated $386.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $367.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. 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 GRANT COUNTY CONVENTION AND VISITORS BUREAU IS A COMMUNITY ASSET RESPONSIBLE FOR PROMOTING GRANT COUNTY, INDIANA AS AN ATTRACTIVE TRAVEL DESTINATION AND ENHANCING ITS PUBLIC IMAGE AS A DYNAMIC PLACE TO LIVE, WORK, AND PLAY, WHICH STRENGTHENS THE COMMUNITY'S ECONOMIC POSITION AND VITALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CVB STRENGTHENS AND PROMOTES THE GRANT COUNTY TOURISM INDUSTRY FOR THE BENEFIT OF THE LOCAL ECONOMY. THE ORGANIZATION'S MARKETING PROGRAM INCLUDES DIGITAL ADS, SOCIAL MEDIA MARKETING, PRINT ADVERTISING, STATEWIDE RADIO ADVERTISING, ALONG WITH THE DISTRIBUTION OF PROMOTIONAL MATERIAL. THE CVB REACHED MORE THAN 7 MILLION PEOPLE IN 2021 THROUGH VARIOUS MARKETING PLATFORMS, AND ASSISTED LOCAL VISITOR ATTRACTIONS AND EVENT ORGANIZATIONS TO DEVLEOP AND PROMOTE THEMSELVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Lightle Executive Di | Officer | 20 | $32,900 |
David Huffman Treasurer | OfficerTrustee | 0.5 | $0 |
Tim Harris Past Preside | OfficerTrustee | 0.5 | $0 |
Mark Sullivan Vice Preside | OfficerTrustee | 0.5 | $0 |
Nancy Bender President | OfficerTrustee | 0.5 | $0 |
Randy Ballinger Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $385,753 |
| 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 | $385,753 |
| Total Program Service Revenue | $0 |
| Investment income | $330 |
| 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 | $386,083 |
| 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. | $32,900 |
| Compensation of current officers, directors, key employees. | $14,805 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,534 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,697 |
| Payroll taxes | $6,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,249 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $153,215 |
| Office expenses | $5,348 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,145 |
| Travel | $130 |
| 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 | $2,227 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $367,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $561,664 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $571,132 |
| Accounts payable and accrued expenses | $3,203 |
| 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 | $3,203 |
| Net assets without donor restrictions | $567,929 |
| 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 | $571,132 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marion-Grant County Convention Andvisitors Bureau Inc has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Grant County Indiana Inc Marion, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |
International Sanitary Supply Association Rosemont, IL | $73,095,156 | $16,343,711 |
International Foundation Of Employee Benefit Plans Inc Brookfield, WI | $45,052,685 | $24,056,813 |