Evansville Vanderburgh County Convention & Visitors Bureau Inc

Analysis

Evansville Vanderburgh County Convention & Visitors Bureau Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Evansville Vanderburgh County Convention & Visitors Bureau Inc reported income of $4.6m and spending of $4.2m, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.8m to $4.6m (+65%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Evansville Vanderburgh County Convention & Visitors Bureau Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Capacity Builders Inc ($4.5m), National Association of City Transportation Officials Inc ($4.6m) and Pittsburgh Regional Alliance ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $166k (3.9% of expenses). Other salaries and wages came to $423k. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m. It reported 11 employees.