Overview
What is Fort Worth Tourism Public Improvement District Corporation?
Fort Worth Tourism Public Improvement District Corporation is a nonprofit organization established by the local hoteliers and the city of Fort Worth, Texas. Its primary objective is to boost Fort Worth's reputation as a tourist and convention destination, thereby supporting the local economy and job creation. Around 47.5% of its resources are allocated to attracting meetings and conventions through marketing and incentives. Approximately 35% of the funds are utilized for promoting Fort Worth as a leisure and meeting destination, attracting additional visitors and enhancing overall city awareness. The organization dedicates 7.5% of its budget to granting funds to Fort Worth arts organizations demonstrating the ability to attract overnight visitors and contribute to hotel room nights. The remaining 10% is invested in site visits, familiarization tours, legal, audit, and administrative services, including research tools to evaluate marketing efforts. The corporation aims to increase the economic impact and enhance competitiveness in conventions, meetings, leisure, and sports tourism, thereby boosting tourism-related economic activity.
Official website here: www.fortworth.com
Is Fort Worth Tourism Public Improvement District Corporation legitimate?
Fort Worth Tourism Public Improvement District Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fort Worth Tourism Public Improvement District Corporation 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.
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For more financial information, click here
Official website here: www.fortworth.com
What is the mission statement of Fort Worth Tourism Public Improvement District Corporation?
The Fort Worth Tourism Public Improvement District Corporation's mission is centered around boosting the economic impact and enhancing competitiveness in the sectors of conventions, meetings, leisure, and sports tourism. This organization aims to increase tourism-related economic activities by marketing Fort Worth as a preferred visitor and convention destination. Approximately 47.5% of its resources are allocated towards attracting meetings and conventions, while around 35% are utilized for marketing the city as a leisure and meeting destination. The Corporation also grants funds to local arts organizations that demonstrate an ability to attract overnight visitors, contributing positively to the local economy and quality of life. The remaining 10% of the budget is dedicated to performance of site visits, familiarization tours, legal, audit, and administrative services.
Official website here: www.fortworth.com
Who is the CEO of Fort Worth Tourism Public Improvement District Corporation?
Robert Jameson is the Director of Fort Worth Tourism Public Improvement District Corporation.
Official website here: www.fortworth.com
What is the revenue of Fort Worth Tourism Public Improvement District Corporation?
Fort Worth Tourism Public Improvement District Corporation's revenue in 2022 was $5,696,987.
Official website here: www.fortworth.com
Who are the executives of Fort Worth Tourism Public Improvement District Corporation and what are their salaries?
There 12 volunteers at Fort Worth Tourism Public Improvement District Corporation.
Here are 13 key members and their salaries:
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- Related: $198,078
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Official website here: www.fortworth.com
Where can I find the form 990 for Fort Worth Tourism Public Improvement District Corporation?
Fort Worth Tourism Public Improvement District Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fortworth.com
Learn more at the official website: www.fortworth.com
Mission Statement of Fort Worth Tourism Public Improvement District Corporation
The Fort Worth Tourism Public Improvement District Corporation is a nonprofit organization with a mission to increase the economic impact and enhance competitiveness in conventions, meetings, leisure, and sports tourism. By doing so, it aims to boost tourism-related economic activity. The corporation achieves this goal by dedicating a significant portion of its resources to attracting meetings and conventions through sales and incentive efforts. Additionally, it invests in marketing Fort Worth as a leisure and meeting destination, drawing in more visitors and raising overall awareness of the city as a top choice in tourism. The corporation also grants funds to local arts organizations that demonstrate an ability to attract overnight visitors, contributing to hotel room nights. These grants, administered by the Fort Worth Arts Council, highlight the special contributions these organizations make to the local economy and quality of life. The remaining funds are allocated to various administrative services, including site visits, familiarization tours, legal, audit, and research tools to evaluate and measure the corporation's marketing efforts.
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Impact
October, 2024
The Fort Worth Tourism Public Improvement District Corporation plays a crucial role in enhancing the city's economic vitality through targeted initiatives in tourism and event-hosting. By focusing on the promotion of Fort Worth as a premier destination for conventions, meetings, and leisure activities, the organization significantly boosts tourism-related economic activity within the region.
Approximately 47.5% of its resources are strategically allocated to attract meetings and conventions, ensuring that Fort Worth remains competitive in the industry. This proactive approach not only drives economic growth but also supports local jobs associated with the tourism and hospitality sectors.
Moreover, around 35% of the funds are dedicated to marketing efforts aimed at leisure travelers, increasing awareness of Fort Worth as an appealing destination. This marketing investment enhances visitor engagement and helps generate additional hotel occupancy.
The organization also recognizes the importance of arts in drawing visitors, with 7.5% of its budget set aside for grants to local arts organizations. These grants, administered by the Fort Worth Arts Council, are designed to foster initiatives that attract overnight guests and contribute to the local economy.
The remaining resources are utilized for essential operational activities, including legal services, audits, and performance evaluations of marketing campaigns. This comprehensive focus on evaluation and research ensures that all marketing strategies are effective and aligned with the overall mission of enhancing Fort Worth's tourism appeal.
In summary, the Fort Worth Tourism Public Improvement District Corporation is instrumental in increasing economic impact and enhancing the competitive landscape for tourism in the area, ultimately contributing to the vibrancy and quality of life in Fort Worth.
This information is meant to be a general summary of Fort Worth Tourism Public Improvement District Corporation. 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.
- Program Service Revenue: $5,696,987
- Gross Receipts: $5,696,987
Assets and Liabilities:
- Total Assets: $5,595,943
- Total Liabilities: $153,814
- Net Assets: $5,442,129
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$5,696,987
Organization Details
Founding Year
2017
Phone
(817) 698-7839Principal Officer
Robert Jameson
Main Address
1201 THROCKMORTON ST, FORT WORTH, TX, 76102
Website
www.fortworth.comNTEE Category
Code: S41 - Community improvement
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