Overview
What is Knoxville Convention & Visitors Bureau Inc?
Knoxville Convention & Visitors Bureau Inc, operating as Visit Knoxville, is a not-for-profit organization based in Knoxville, Tennessee. Its primary mission is to promote the Knoxville/Knox County area as a preferred destination for conventions, sports events, film-related activities, and leisure travelers. The organization plays a crucial role in enhancing the quality of life for residents while generating economic growth and development. In the 2022 fiscal year, the Visit Knoxville website saw a significant increase in traffic, with 80% of visitors originating from outside the city. The organization is primarily funded through agreements with the city of Knoxville and Knox County, collecting a portion of hotel/motel taxes. With a team of 32 employees, Visit Knoxville aims to showcase the city's unique attractions and make it a top choice for travelers.
Official website here: www.visitknoxville.com
Is Knoxville Convention & Visitors Bureau Inc legitimate?
Knoxville Convention & Visitors Bureau Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knoxville Convention & Visitors Bureau Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $217,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,500,665
For more financial information, click here
Official website here: www.visitknoxville.com
What is the mission statement of Knoxville Convention & Visitors Bureau Inc?
The Knoxville Convention & Visitors Bureau Inc., operating under the name Visit Knoxville, serves as a not-for-profit organization. Its primary goal is to promote the city of Knoxville and Knox County as a sought-after destination for conventions, film events, sports-related activities, and leisure travelers. By doing so, the organization aims to enhance the quality of life for local residents, stimulate economic growth, and foster development in the area. Funding for Visit Knoxville primarily comes from portions of hotel/motel taxes collected through agreements with the city of Knoxville and Knox County.
Official website here: www.visitknoxville.com
Who is the CEO of Knoxville Convention & Visitors Bureau Inc?
Kim Bumpas is the Chairman of Knoxville Convention & Visitors Bureau Inc.
Official website here: www.visitknoxville.com
What is the revenue of Knoxville Convention & Visitors Bureau Inc?
Knoxville Convention & Visitors Bureau Inc's revenue in 2022 was $10,096,746.
Official website here: www.visitknoxville.com
Who are the executives of Knoxville Convention & Visitors Bureau Inc and what are their salaries?
The average compensation at Knoxville Convention & Visitors Bureau Inc during 2022 was $53,679. There are 32 employees and 228 volunteers at Knoxville Convention & Visitors Bureau Inc.
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- Compensation: $175,022
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- Other: $40,060
Official website here: www.visitknoxville.com
Where can I find the form 990 for Knoxville Convention & Visitors Bureau Inc?
Knoxville Convention & Visitors Bureau Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.visitknoxville.com
Learn more at the official website: www.visitknoxville.com
Mission Statement of Knoxville Convention & Visitors Bureau Inc
Knoxville Convention & Visitors Bureau Inc, commonly known as Visit Knoxville, is a not-for-profit organization with a primary mission to promote the Knoxville/Knox County area as a top destination for conventions, film events, sports-related activities, and leisure travelers. Their purpose is multifaceted, aimed at enhancing the quality of life for local residents, generating economic impact, and fostering development. This is achieved through the utilization of a portion of hotel and motel taxes collected through agreements with the City of Knoxville and Knox County. Essentially, Visit Knoxville serves as a catalyst, attracting tourism to the area and leveraging its resources to benefit both the tourists and the local community.
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Impact
October, 2024
The Knoxville Convention & Visitors Bureau Inc significantly enhances the local economy and boosts community development in the Knoxville and Knox County area. By promoting the region as a premier destination for conventions, sports events, and leisure travel, the organization plays a crucial role in attracting visitors and generating economic opportunities.
In the 2022 fiscal year, the Visit Knoxville website experienced a notable surge in traffic, with nearly 2 million visits, marking a 43.7% increase from the previous year. Importantly, 80% of this audience originated from outside the local area, demonstrating the bureau's effectiveness in drawing in tourists. Unique visits and pageviews saw substantial growth, reflecting heightened interest in the region. With an average of over 10,600 pageviews per day and a conversion rate for digital advertising exceeding industry standards, the organization showcases Knoxville as a vibrant and appealing destination.
This influx of visitors not only supports local businesses but also enhances the quality of life for residents, contributing to community improvement. The sustained growth in social media engagement further amplifies the promotional efforts, fostering a greater awareness of what Knoxville has to offer, ultimately benefiting both tourists and locals alike.
This information is meant to be a general summary of Knoxville Convention & Visitors Bureau Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,811
- Program Service Revenue: $1,121,837
- Gross Receipts: $10,202,189
Assets and Liabilities:
- Total Assets: $8,143,148
- Total Liabilities: $640,225
- Net Assets: $7,502,923
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE PARTNERSHIPS
Revenue
$372,031
ADVERTISING & GUIDEBOOK
Revenue
$227,898
SPORTS PARTNERSHIPS
Revenue
$223,957
CONCERT COMMISSIONS
Revenue
$175,560
EVENT REVENUE
Revenue
$7,900
Organization Details
Founding Year
2004
Phone
(865) 342-9103Principal Officer
Kim Bumpas
Main Address
301 S GAY STREET, KNOXVILLE, TN, 379021102
Website
www.visitknoxville.comNTEE Category
Code: S30 - Community improvement
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