Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $946,950

• 1c · Fundraising events

  $198,885

• 2a · Program service revenue: TOURISM TAX

  total $5,829,613 · related or exempt $5,829,613

• 2b · Program service revenue: TANEY COUNTY PARTNERSHIP

  total $409,560 · related or exempt $409,560

• 2c · Program service revenue: BUILDING USAGE

  total $143,750 · related or exempt $143,750

• 2d · Program service revenue: LESS: FUNDRAISING REVENUE

  total -$276,950 · related or exempt -$276,950

• 3 · Investment income

  total $40,803 · excluded $40,803

• 8a · Fundraising events: gross income

  $78,065

• 8a · Fundraising events: contributions included on line 1c

  $198,885

• 8b · Fundraising events: direct expenses

  $159,484

• 8c · Net income from fundraising events

  total -$81,419 · excluded -$81,419

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $699,571 · program services $449,250 · management and general $250,321

• 7 · Other salaries and wages

  total $2,009,502 · program services $1,560,820 · management and general $448,682

• 11g · Fees: other

  total $201,386 · program services $10,162 · management and general $191,224

• 12 · Advertising and promotion

  total $2,435,217 · program services $2,435,217

• 14 · Information technology

  total $1,567 · program services $1,567

• 19 · Conferences, conventions and meetings

  total $146,506 · program services $140,342 · management and general $6,164

• 20 · Interest

  total $75,058 · program services $15,012 · management and general $60,046

• 22 · Depreciation, depletion and amortization

  total $164,491 · program services $32,898 · management and general $131,593

• 24a · Other expenses: PROGRAMS

  total $356,103 · program services $355,266 · fundraising $837

• 24b · Other expenses: ASSOCIATION DUES

  total $353,757 · program services $283,006 · management and general $70,751

• 24c · Other expenses: OFFICE OPERATIONS

  total $219,507 · program services $113,694 · management and general $105,813

• 24d · Other expenses: BUILDING USGAGE FEE

  total $143,750 · program services $28,750 · management and general $115,000

• 24e · All other expenses

  total $397,395 · program services $241,777 · management and general $155,618

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,361,040 · end of year $2,124,920

• 4 · Accounts receivable

  beginning of year $570,190 · end of year $1,044,967

• 9 · Prepaid expenses and deferred charges

  beginning of year $24,070 · end of year $27,854

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

  $4,937,955

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

  $1,126,003

• 10c · Land, buildings and equipment, net

  beginning of year $3,954,577 · end of year $3,811,952

• 15 · Other assets

  beginning of year $240,843 · end of year $562,716

• 17 · Accounts payable and accrued expenses

  beginning of year $873,447 · end of year $1,281,147

• 19 · Deferred revenue

  beginning of year $267,411 · end of year $248,720

• 23 · Secured mortgages and notes payable

  beginning of year $2,223,928 · end of year $2,154,967

• 25 · Other liabilities

  beginning of year $22,879 · end of year $117,138

• 27 · Net assets without donor restrictions

  beginning of year $3,763,055 · end of year $3,770,437

The filer's explanations (Part III)

SCHEDULE J, PART III

COMPENSATION IS APPROVED BY THE BOARD AND COMPENSATION COMMITTEE AS WELL AS RECEIVING INPUT FROM AN HR CONSULTANT.