Sweet Owen Convention & Visitors Bureau is located in Spencer, IN. The organization was established in 2014. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Sweet Owen Convention & Visitors Bureau 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 12/2022, Sweet Owen Convention & Visitors Bureau generated $110.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $95.5k during the year ending 12/2022. While expenses have increased by 5.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE TOURISM IN OWEN COUNTY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Spinks President | 10 | $0 | |
Shirley Kinney Secretary | 10 | $0 | |
Beth Wood Vice President | 10 | $0 | |
Pam Hey Treasurer | 10 | $0 | |
Kimberly Baird Board Member | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $110,786 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,420 |
| Professional fees and other payments to independent contractors | $4,464 |
| Occupancy, rent, utilities, and maintenance | $7,118 |
| Printing, publications, postage, and shipping | $8,905 |
| Other expenses | $38,555 |
| Total expenses | $95,462 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,776 |
| Other assets | $0 |
| Total assets | $233,776 |
| Total liabilities | $1,765 |
| Net assets or fund balances | $232,011 |