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Tourism Tomorrow Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351573009 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Tourism Tomorrow Inc?

Tourism Tomorrow Inc, situated in Indianapolis, Indiana, is a nonprofit organization dedicated to enhancing public awareness and fostering a positive image of the city. They strive to educate both residents and visitors about Indianapolis's various cultural, athletic, educational, scientific, and civic accomplishments. Their mission is to promote social welfare among the citizens of central Indiana, aiming to reduce the burdens of government by providing accurate and timely information. This information serves as a valuable resource, helping to showcase the city's numerous achievements and attract interest from both locals and tourists alike.


Official website here: www.visitindy.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating

Tourism Tomorrow Inc has achieved a strong 92% rating from Charity Navigator, reflecting a commitment to accountability and financial management. The organization’s high score is entirely based on its accountability and finance practices, indicating a solid foundation in managing its resources effectively. The charity has demonstrated excellence in governance with a fully independent board, which is crucial for maintaining transparency and trust.

The organization stands out with a program expense ratio of 97.29%, meaning that a significant majority of its expenses are directed towards its programs rather than administrative costs. This focus is indicative of a mission-driven approach, prioritizing the impact of its initiatives. Furthermore, the charity has implemented robust policies including conflict of interest and whistleblower policies, adding layers of security and ethical governance to its operations.

Despite its strengths, potential concerns regarding the sustainability of its programs or outreach impact have not been detailed in the available data. However, the absence of any material diversion of assets and a low liabilities-to-assets ratio of 12.69% suggest that the organization is in a sound financial position. Overall, Tourism Tomorrow Inc appears to be a well-managed nonprofit with a clear dedication to its mission and effective use of funds.


This AI summary has been generated from information found on Charity Navigator.

Is Tourism Tomorrow Inc legitimate?

Tourism Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tourism Tomorrow 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,635

For more financial information, click here


Official website here: www.visitindy.com

What is the mission statement of Tourism Tomorrow Inc?

Tourism Tomorrow Inc's mission is centered around promoting social welfare for the citizens, specifically in a central region. They achieve this by engaging in educational and communicative efforts with the public. Their primary objective is to lessen the burden on government by spreading knowledge and fostering a positive image of various cultural, athletic, educational, scientific, and civic achievements. They accomplish this by providing accurate and up-to-date information to local residents and visitors.


Official website here: www.visitindy.com

Who is the CEO of Tourism Tomorrow Inc?

James E Wallis is the Board Member of Tourism Tomorrow Inc. The CEO's salary of Tourism Tomorrow Inc is $0 and their total compensation is $921,470.


Official website here: www.visitindy.com

What is the revenue of Tourism Tomorrow Inc?

Tourism Tomorrow Inc's revenue in 2022 was $1,210,053.


Official website here: www.visitindy.com

Who are the executives of Tourism Tomorrow Inc and what are their salaries?

There 25 volunteers at Tourism Tomorrow Inc.


Here are 22 key members and their salaries (Tourism Tomorrow Inc's CEO's salary is $0 and their total compensation is $921,470):


Adam Thies (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adairius Gardner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrianne Slash (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Mccaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doran Moreland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scarlett Andrews (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen R Saul (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Portia Bailey-Bernard (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Bayt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John L Krauss (Life Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keira Amstutz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Hoops (President & Ceo)
  • Compensation: $0
  • Related: $817,318
  • Other: $104,152
Marsha Stone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Sullivan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael G Browning (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Bedel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Reynolds (Life Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Goodman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Hempstead (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rosenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Wallis (Executive Vice President)
  • Compensation: $0
  • Related: $345,861
  • Other: $56,489
Matthew Carter (Vp Of Market Intelligence)
  • Compensation: $0
  • Related: $248,337
  • Other: $44,802


Official website here: www.visitindy.com

Where can I find the form 990 for Tourism Tomorrow Inc?

Tourism Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.visitindy.com

Learn more at the official website: www.visitindy.com

Mission Statement of Tourism Tomorrow Inc

Tourism Tomorrow Inc, a nonprofit organization, is dedicated to promoting social welfare among the citizens of Central Indiana. Their mission is threefold: firstly, they aim to educate and communicate with the public about various aspects of the city, including its cultural, athletic, educational, scientific, and civic accomplishments. Secondly, they strive to generate a favorable image of the city, ensuring that both residents and visitors are well-informed about its offerings. Lastly, Tourism Tomorrow Inc works to lessen the burdens of government by providing accurate and up-to-date information, thereby fostering a sense of community and engagement. In essence, the organization serves as a bridge between the city and its people, promoting understanding and appreciation for the rich tapestry of experiences and achievements that make Central Indiana a vibrant and thriving community.

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Impact




October, 2024

Tourism Tomorrow Inc significantly enhances the quality of life for the citizens of Central Indiana by fostering a deeper understanding and appreciation of the city of Indianapolis. Through comprehensive education and effective communication strategies, it generates a favorable image of the city, showcasing its rich cultural, athletic, educational, scientific, and civic contributions.

By providing current and accurate information, the organization equips both residents and visitors with the knowledge they need to engage meaningfully with the community. This effort not only enriches the local experience but also promotes social welfare, helping to lessen the burdens on government resources. The impact of Tourism Tomorrow Inc is evident in its ability to strengthen community ties and elevate the profile of Indianapolis, making it a more vibrant and attractive place to live and visit.




This information is meant to be a general summary of Tourism Tomorrow 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.

Revenue
$1,210,053 (2022)
Expenses
$897,731 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,210,053

Assets and Liabilities:

  • Total Assets: $989,518
  • Total Liabilities: $125,580
  • Net Assets: $863,938

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Organization Details

Founding Year

1999

Principal Officer

James E Wallis

Main Address

200 SOUTH CAPITOL AVENUE 300, INDIANAPOLIS, IN, 46225

NTEE Category

Code: S30 - Community improvement

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