Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,000

• 2a · Program service revenue: TRANSIENT GUEST TAXES

  total $2,062,331 · related or exempt $2,062,331

• 2b · Program service revenue: ADVERTISING

  total $52,842 · unrelated business $52,842

• 2c · Program service revenue: SPECIAL EVENTS

  total $25,781 · related or exempt $25,781

• 2d · Program service revenue: SPONSORSHIPS

  total $9,200 · related or exempt $9,200

• 3 · Investment income

  total $2,336 · excluded $2,336

• 10a · Gross sales of inventory

  $1,616

• 10b · Cost of goods sold

  $1,131

• 10c · Net income from sales of inventory

  total $485 · related or exempt $485

• 11a · Other revenue: OTHER INCOME

  total $34,812 · related or exempt $34,812

• 11e · Other revenue, total

  $34,812

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $25,000

• 11c · Fees: accounting

  total $1,850

• 11g · Fees: other

  total $186,948

• 12 · Advertising and promotion

  total $267,671

• 13 · Office expenses

  total $175,425

• 16 · Occupancy

  total $52,383

• 17 · Travel

  total $22,001

• 19 · Conferences, conventions and meetings

  total $41,224

• 22 · Depreciation, depletion and amortization

  total $11,163

• 23 · Insurance

  total $2,645

• 24a · Other expenses: ALLOCATED SALARY EXPENS

  total $460,007

• 24b · Other expenses: SHARED SERVICES

  total $446,000

• 24c · Other expenses: PROGRAM INCENTIVES

  total $310,415

• 24d · Other expenses: UBIT

  total $2,227

• 24e · All other expenses

  total $30,312

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,264 · end of year $13,756

• 2 · Savings and temporary cash investments

  beginning of year $1,340,566 · end of year $1,646,009

• 3 · Pledges and grants receivable

  beginning of year $473,316 · end of year $500,061

• 4 · Accounts receivable

  beginning of year $34,664 · end of year $46,500

• 8 · Inventories for sale or use

  end of year $5,730

• 9 · Prepaid expenses and deferred charges

  beginning of year $64,715 · end of year $100,301

• 10a · Land, buildings and equipment: cost or other basis

  $116,376

• 10b · Land, buildings and equipment: accumulated depreciation

  $55,843

• 10c · Land, buildings and equipment, net

  beginning of year $15,557 · end of year $60,533

• 15 · Other assets

  beginning of year $3,400 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $6,941 · end of year $65,323

• 19 · Deferred revenue

  beginning of year $29,342 · end of year $36,800

• 21 · Escrow or custodial account liability

  beginning of year $1,254 · end of year $1,254

• 25 · Other liabilities

  beginning of year $167,846 · end of year $382,898

• 27 · Net assets without donor restrictions

  beginning of year $1,286,755 · end of year $1,343,708

• 28 · Net assets with donor restrictions

  beginning of year $446,344 · end of year $542,907

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION FOR THE OFFICER IS DETERMINED BY AN ANNUAL PERFORMANCE REVIEW AS WELL AS COMPARISON OF INDUSTRY DATA FROM THE NATIONAL PROFESSIONAL ASSOCIATION SHOWING SALARY INFORMATION FOR COMPARABLE POSITIONS BY REGION. THE COMPENSATION IS APPROVED BY THE DIRECTORS.