Civic Intelligence

Convention & Visitors Bureau of Greater Portland

EIN 01-0384674 • 501(c)6 • Portland, ME

Profile

The mission of the convention & visitors bureau of greater portland is to stimulate the economic vitality of greater portland by soliciting and servicing conventions, meetings, groups, and visitors and by promoting greater portland as a preferred destination.the vision of the convention & visitors bureau of greater portland is to provide visitors with a quality experience, second to none, by fulfilling the recreational, cultural, social and spirtual expectations of the traveling public.

1375 Congress StreetPortland, ME 04102

www.visitportland.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.62x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.33x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

18th percentile

-9.4%

Higher net margin than 18% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$49,231

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

33rd percentile

-2.2%

Faster asset growth than 33% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-48%

Faster revenue growth than 3% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$390,137

Down $8,657 (-2.2%) from 2023

Liabilities

Up

$242,486

Up $59,492 (+33%) from 2023

Net Assets

Down

$147,651

Down $68,149 (-32%) from 2023

Revenue

Down

$726,482

Down $664,061 (-48%) from 2023

Expenses

Down

$794,631

Down $714,147 (-47%) from 2023

Net Income

Up

-$68,149

Up $50,086 (+42%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $155,231Liabilities 2011: $73,551Net Assets 2011: $81,6802011Assets 2012: $182,733Liabilities 2012: $54,830Net Assets 2012: $127,9032012Assets 2013: $188,649Liabilities 2013: $56,373Net Assets 2013: $132,2762013Assets 2014: $261,443Liabilities 2014: $60,590Net Assets 2014: $200,8532014Assets 2015: $206,642Liabilities 2015: $74,327Net Assets 2015: $132,3152015Assets 2016: $296,914Liabilities 2016: $79,855Net Assets 2016: $217,0592016Assets 2017: $283,541Liabilities 2017: $31,289Net Assets 2017: $252,2522017Assets 2018: $317,350Liabilities 2018: $42,491Net Assets 2018: $274,8592018Assets 2019: $271,469Liabilities 2019: $10,140Net Assets 2019: $261,3292019Assets 2020: $487,008Liabilities 2020: $171,800Net Assets 2020: $315,2082020Assets 2021: $563,151Liabilities 2021: $193,598Net Assets 2021: $369,5532021Assets 2022: $533,469Liabilities 2022: $199,434Net Assets 2022: $334,0352022Assets 2023: $398,794Liabilities 2023: $182,994Net Assets 2023: $215,8002023Assets 2024: $390,137Liabilities 2024: $242,486Net Assets 2024: $147,6512024

Highlighted filing

2024

Assets$390,137
Liabilities$242,486
Net Assets$147,651

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,144,568Expenses 2011: $1,161,524Net Income 2011: -$16,9562011Expenses 2012: $1,181,2092012Revenue 2013: $1,279,600Expenses 2013: $1,275,227Net Income 2013: $4,3732013Revenue 2014: $1,443,246Expenses 2014: $1,374,669Net Income 2014: $68,5772014Revenue 2015: $1,273,417Expenses 2015: $1,341,954Net Income 2015: -$68,5372015Revenue 2016: $1,220,465Expenses 2016: $1,135,721Net Income 2016: $84,7442016Revenue 2017: $1,154,325Expenses 2017: $1,119,132Net Income 2017: $35,1932017Revenue 2018: $1,125,931Expenses 2018: $1,103,324Net Income 2018: $22,6072018Revenue 2019: $1,226,897Expenses 2019: $1,240,427Net Income 2019: -$13,5302019Revenue 2020: $696,649Expenses 2020: $642,770Net Income 2020: $53,8792020Revenue 2021: $741,115Expenses 2021: $686,770Net Income 2021: $54,3452021Revenue 2022: $1,501,947Expenses 2022: $1,537,465Net Income 2022: -$35,5182022Revenue 2023: $1,390,543Expenses 2023: $1,508,778Net Income 2023: -$118,2352023Revenue 2024: $726,482Expenses 2024: $794,631Net Income 2024: -$68,1492024

Highlighted filing

2024

Revenue$726,482
Expenses$794,631
Net Income-$68,149

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.24$0.15$0.73$0.79$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.18$0.22$1.39$1.51$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.20$0.33$1.50$1.54$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.19$0.37$0.74$0.69$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.17$0.32$0.70$0.64$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$1.23$1.24$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.04$0.27$1.13$1.10$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.03$0.25$1.15$1.12$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.08$0.22$1.22$1.14$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.07$0.13$1.27$1.34$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.06$0.20$1.44$1.37$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.06$0.13$1.28$1.28$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.05$0.13$1.18
2011Summary only. Only limited summary data is available for this year.$0.16$0.07$0.08$1.14$1.16$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$726,482
Mission and Program Overview

Mission

The mission of the convention & visitors bureau of greater portland is to stimulate the economic vitality of greater portland by soliciting and servicing conventions, meetings, groups, and visitors and by promoting greater portland as a preferred destination.the vision of the convention & visitors bureau of greater portland is to provide visitors with a quality experience, second to none, by fulfilling the recreational, cultural, social and spirtual expectations of the traveling public.

The primary exempt purpose of the convention and visitors bureau is promotion of the greater portland maine area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$181,346$261,873▲ $80,527
Savings and Temporary Cash Investments$216,741$128,264▼ $88,477
Land, Buildings, and Equipment, Net$707$0▼ $707
Total Assets$398,794$390,137▼ $8,657
Liabilities
Mortgage Notes Payable Secured by Investment Property$144,666$242,486▲ $97,820
Deferred Revenue$38,328$0▼ $38,328
Total Liabilities$182,994$242,486▲ $59,492
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$215,800$147,651▼ $68,149
Total Net Assets Fund Balance$215,800$147,651▼ $68,149
Total Liabilities and Net Assets / Fund Balance$398,794$390,137▼ $8,657

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$14,147$14,147
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tillotson LynnPresident, CEOFT$48,503$728$49,231
Tolk AmyVice President, CFOFT$34,472$517$34,989

Board Members and Trustees

NameTitle
Schultzel JohnChair
Goldberg AdamVice Chair
Alvarez TawnyDirector
Briggs MichaelDirector
Bromage StephenDirector
Coffin DavidDirector
Erickson MichaelDirector
Gambardella JeffDirector
Lasalle MaureenDirector
Michuad TracyDirector
Oakes CaseyDirector
Patry NormanDirector
Rugaba DamasDirector
Spiller PhilDirector
Sullivan ShawnDirector
Sutton EmilyDirector
Turin DavidDirector
Whipple KarlDirector
Largay TomExecutive Committee
Littlefield DonSecretary
Lafayette KenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$284,268
Program Service Revenue
$167,230
Investment Income
$0
Other Revenue
$274,984
Change in Net Assets
$-68,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$495,312
Salaries, Compensation, and Employee Benefits$299,319
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$182,278
Current Officers, Directors, Trustees, and Key Employees$0$0$0$84,220
Occupancy$0$0$0$26,165
Payroll Taxes$0$0$0$20,095
All Other Expenses$0$0$0$14,882
Fees for Services Other$0$0$0$12,839
Other Employee Benefits$0$0$0$12,726
Office Expenses$0$0$0$7,603
Travel$0$0$0$6,738
Information Technology$0$0$0$5,073
Fees for Services Accounting$0$0$0$2,729
Advertising$0$0$0$2,677
Insurance$0$0$0$2,321
Other Expenses$0$0$0$1,769
Interest$0$0$0$961
Depreciation Depletion$0$0$0$707
Total Functional Expenses$0$0$0$794,631
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$0
Total Nondeductible Lobbying and Political Cost$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Convention & Visitors Bureau of Greater Portland
EIN
01-0384674
Phone
2077724994
Address
1375 CONGRESS STREET, PORTLAND, ME 04102

Signing Officer

Name
Amy Tolk
Title
Vice President
Phone
2077724994
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn Tillotson
Formed
1982
Legal Domicile
Me
Voting Board Members
21
Independent Board Members
21
Employees
28
Volunteers
26

Preparer

Firm
Integrated Tax Consultants LLC
Address
358 US Route 1 Ste 101, Falmouth, ME 04105
Preparer
Rebecca L Carrier Jd Llm
Phone
2078051040
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The members of the organization consist of local hotels, marketing agencies, transportation, and restaurants within and around the greater portland area.

Pt VI, Line 7A

Annually a nominating committee is appointed to fill a slate of offices for the coming year from the membership. The slate is presented at the meeting and an election is held.

Pt VI, Line 11B

The organizations vice president reviews the 990 prepared by the accountant from reports generated from the organizations accounting software.

Pt VI, Line 12C

Directors are required to sign a copy of the conflict of interest policy annually.

Pt VI, Line 15A

The executive committee of the board of directors prepares a review of the organizations president (ceo) and sets compensation for the position that is merit-based on performance and is in accordance with the overall organization budget.

Pt VI, Line 19

They are kept at the organizations business office and are available to the public upon request.

Raw XML AppendixShowing 400 of 523 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT, CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21TREASURER
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IRS990/MissionDesc0THE MISSION OF THE CONVENTION AND VISITORS BUREAU OF GREATER PORTLAND IS TO STIMULATE THE ECONOMIC VITALITY OF GREATER PORTLAND BY SOLICITING AND SERVICING CONVENTIONS, MEETINGS, GROUPS, AND VISITORS BY PROMOTING GREATER PORTLAND AS A PREFERRED DESTINATION.
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IRS990/PrincipalOfficerNm0LYNN TILLOTSON
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE CONVENTION AND VISITORS BUREAU PRODUCES A VISITORS GUIDE OF THE GREATER PORTLAND AREA. THE GUIDE IS AVAILABLE FOR FREE TO VISITORS AND CONVENTION ATTENDEES. THE GUIDE OFFERS SUGGESTIONS ON WHAT TO SEE, AVAILABLE TOURS, WHERE TO DINE, AND PLACES TO STAY IN THE AREA. THE GUIDE IS A FULL COMPENDIUM OF INFORMATION A VISITOR WOULD FIND USEFUL FOR PLANNING THEIR STAY AND ENJOYING THE REGION TO THEIR FULLEST.
IRS990/ProgSrvcAccomActy3Grp/Desc0STAFFING AT THREE VISITOR CENTERS - THE CONVENTION & VISITORS BUREAU OPERATES THREE VISITOR INFORMATION CENTERS (TWO OF THEM SEASONALLY) IN STRATEGIC LOCATIONS THROUGHOUT THE PORTLAND AREA. VISITOR INFORMATION SPECIALISTS ARE KNOWLEDGEABLE ABOUT WHAT THERE IS TO SEE AND DO IN THE GREATER PORTLAND REGION, SERVING AS AN INVALUABLE RESOURCE TO THE TRAVELING PUBLIC. VISITOR CENTER STAFF PROVIDE A WELCOMING ENVIRONMENT WHICH IS CRUCIAL TO MAINTAINING PORTLANDS REPUTATION AS AN ATTRACTIVE TOURISM DESTINATION. SPECIALISTS WHO CAN REFER VISITORS TO APPROPRIATE ACCOMMODATIONS, RESTAURANTS, AND ATTRACTIONS ARE A VALUABLE RESOURCE FOR LOCAL BUSINESSES WHICH RELY ON TOURISM DOLLARS.
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