San Antonio Tourism Public Improvement District Corporation
- Assets
- $8.6m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 09/2019
- Data as of
- 09/2021
- EIN
- 83-3898754
Organization Overview
San Antonio Tourism Public Improvement District Corporation is located in San Antonio, TX. The organization was established in 2019. 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. San Antonio Tourism Public Improvement District Corporation 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 09/2021, San Antonio Tourism Public Improvement District Corporation generated $6.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $4.8m during the year ending 09/2021. 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
TO LEVERAGE DISTRICT ASSESSMENT REVENUES TO INCREASE DEMAND FOR TRANSIENT, BUSINESS, CONVENTION, GROUP AND OTHER HOTEL ROOM NIGHT CONSUMPTION IN THE CITY OF SAN ANTONIO (THE CITY).
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALES & EXPERIENCE - TO DRIVE GROUPS TO HOLD MEETINGS, CONVENTIONS AND TRADE SHOWS IN SAN ANTONIO WHILE STRATEGICALLY MANAGING AND SIMPLIFYING THE SALES PROCESS FOR OUR MEETING PLANNERS AND PARTNERS. TO ENHANCE AND STREAMLINE THE PLANNING PROCESS FOR OUR MEETING PLANNERS AND PARTNERS WHILE CURATING AN AUTHENTIC SAN ANTONIO EXPERIENCE. INITITATED GROUP BUSINESS DEVELOPMENT PROGRAM. INITIATED IN-MARKET CUSTOMER EVENTS.
MARKETING & COMMUNICATIONS -TO POSITION SAN ANTONIO AS THE PREFERRED LEISURE AND MEETINGS DESTINATION IN TEXAS. TO POSITION SAN ANTONIO AS A PREMIER DESTINATION TO THE REGIONAL DOMESTIC AND INTERNATIONAL LEISURE TRAVEL MARKET. OUR MISSION IS TO INCREASE VISITATION AND MAINTAIN AWARENESS OF SAN ANTONIO THROUGH STRATEGICALLY TIMED AND PLACED PROMOTIONS AND OR PROGRAMS. TO BRING THE REGION'S MEDIA ATTENTION TO SAN ANTONIO TO INSPIRE PEOPLE TO VISIT RIGHT NOW. TO MAXIMIZE AND ENHANCE THE SAN ANTONIO VISITOR EXPERIENCE BY PROVIDING ACCURATE AND HELPFUL INFORMATION ON SAN ANTONIO AND TEXAS HILL COUNTRY ATTRACTIONS, TOURISM AMENITIES, CULTURAL SITES AND EVENTS. CUSTOMER SERVICE AT THE HIGHEST LEVEL IS A MAJOR FOCUS AT THE VISITOR INFORMATION CENTER (VIC), FOR THE PURPOSE OF INFLUENCING EXTENDED STAYS, INCREASED VISITOR SPENDING AND PROMOTING RETURN VISITATION.
INDUSTRY PARTNERSHIPS - SUPPORTED MEMBERSHIPS TO SAN ANTONIO HOTEL & LODGING ASSOCIATION, TEXAS HOTEL & LODGING ASSOCIATION AND VISIT SAN ANTONIO SILVER LEVEL MEMBERSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Feldman Chair | OfficerTrustee | 2 | $0 |
Natalie Balderrama Chief Financial Officer | Officer | 0 | $0 |
Bill Petrella Board Member | Trustee | 1 | $0 |
Maria Martinez Board Member | Trustee | 1 | $0 |
Andy Hearon Board Member | Trustee | 1 | $0 |
Marc Anderson Ex-Officio | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Visit San Antonio Professional Services | 9/29/21 | $275,967 |
Thla Professional Services | 9/29/21 | $112,858 |
The Atkins Group Professional Services | 9/29/21 | $202,800 |
Freeman Expositions Professional Services | 9/29/21 | $132,557 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,386,484 |
| 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 | $6,386,484 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,386,484 |
| 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 | $89,010 |
| Pension plan accruals and contributions | $6,860 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $370,800 |
| Advertising and promotion | $3,996,314 |
| Office expenses | $1,094 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,700 |
| Travel | $38,945 |
| 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 | $4,590 |
| Insurance | $2,333 |
| All other expenses | $360 |
| Total functional expenses | $4,831,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,189,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,204,444 |
| 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 | $50,470 |
| Net Land, buildings, and equipment | $125,100 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,493 |
| Total assets | $8,579,205 |
| Accounts payable and accrued expenses | $614,501 |
| 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 | $248,312 |
| Total liabilities | $862,813 |
| Net assets without donor restrictions | $7,716,392 |
| 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 | $8,579,205 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circuit Events Local Organizing Committee Austin, TX | $5,758,250 | $14,482,431 |
American Productivity & Quality Center Inc Houston, TX | $30,940,165 | $18,224,607 |
Dallas Tourism Public Improvement District Corporation Dallas, TX | $29,263,170 | $10,147,188 |
Better Business Bureau Of North Central Texas Inc Dallas, TX | $3,812,795 | $6,541,958 |
Arkansas Capital Corporation Little Rock, AR | $35,717,433 | $8,371,701 |
Open Compute Project Foundation Austin, TX | $5,357,330 | $7,132,647 |
San Antonio Tourism Public Improvement District Corporation San Antonio, TX | $8,579,205 | $6,386,484 |
William A Lawson Institute For Peace & Prosperity Houston, TX | $12,461,470 | $3,692,985 |
Dottie System Inc Baton Rouge, LA | $4,069,603 | $4,084,315 |
Oklahoma Alliance For Manufacturing Excellence Inc Tulsa, OK | $2,792,871 | $3,651,596 |
La Fe Preparatory School Inc El Paso, TX | $1,712,513 | $2,611,735 |
Conference Of Consulting Actuaries Bee Cave, TX | $11,632,171 | $2,821,046 |