Civic Intelligence

Bloomington-Normal Area Convention and Visitors Bureau

990 • Fiscal year 2021 • EIN 33-1037577

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 17, 2021

Organization ProfileWWW.VISITBN.ORG
101 S MadisonBloomington, IL 61701

(309) 665-0033

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

28th percentile

0.05x

Higher debt load relative to revenue than 28% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

30th percentile

3.1%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

41st percentile

$114,743

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

23rd percentile

1.7%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-24%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$2,316,285

Up $39,480 (+1.7%) from 2020

Net Assets

Up

$2,274,962

Up $23,159 (+1.0%) from 2020

Liabilities

Up

$41,323

Up $16,321 (+65%) from 2020

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin30th percentile

Revenue

Down

$758,705

Down $242,823 (-24%) from 2020

Expenses

Down

$735,546

Down $295,276 (-29%) from 2020

Net Income

Up

$23,159

Up $52,453 (+179%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $1,540,429Liabilities 2011: $15,870Net Assets 2011: $1,524,5592011Assets 2012: $1,656,953Liabilities 2012: $22,940Net Assets 2012: $1,634,0132012Assets 2013: $1,827,469Liabilities 2013: $40,280Net Assets 2013: $1,787,1892013Assets 2014: $1,994,867Liabilities 2014: $71,118Net Assets 2014: $1,923,7492014Assets 2015: $2,170,927Liabilities 2015: $97,003Net Assets 2015: $2,073,9242015Assets 2016: $2,205,951Liabilities 2016: $52,049Net Assets 2016: $2,153,9022016Assets 2017: $2,297,088Liabilities 2017: $77,099Net Assets 2017: $2,219,9892017Assets 2018: $2,346,996Liabilities 2018: $119,511Net Assets 2018: $2,227,4852018Assets 2019: $2,357,649Liabilities 2019: $76,552Net Assets 2019: $2,281,0972019Assets 2020: $2,276,805Liabilities 2020: $25,002Net Assets 2020: $2,251,8032020Assets 2021: $2,316,285Liabilities 2021: $41,323Net Assets 2021: $2,274,9622021Assets 2022: $2,292,815Liabilities 2022: $41,538Net Assets 2022: $2,251,2772022Assets 2023: $2,647,388Liabilities 2023: $384,666Net Assets 2023: $2,262,7222023Assets 2024: $2,341,845Liabilities 2024: $165,999Net Assets 2024: $2,175,8462024

Highlighted filing

2021

Assets$2,316,285
Liabilities$41,323
Net Assets$2,274,962
Open 2021 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,113,5982011Expenses 2012: $1,095,1102012Expenses 2013: $1,152,3842013Revenue 2014: $1,287,478Expenses 2014: $1,150,918Net Income 2014: $136,5602014Revenue 2015: $1,506,678Expenses 2015: $1,356,503Net Income 2015: $150,1752015Revenue 2016: $1,260,133Expenses 2016: $1,180,155Net Income 2016: $79,9782016Revenue 2017: $1,279,461Expenses 2017: $1,213,374Net Income 2017: $66,0872017Revenue 2018: $1,240,844Expenses 2018: $1,233,348Net Income 2018: $7,4962018Revenue 2019: $1,241,818Expenses 2019: $1,188,206Net Income 2019: $53,6122019Revenue 2020: $1,001,528Expenses 2020: $1,030,822Net Income 2020: -$29,2942020Revenue 2021: $758,705Expenses 2021: $735,546Net Income 2021: $23,1592021Revenue 2022: $968,562Expenses 2022: $992,247Net Income 2022: -$23,6852022Revenue 2023: $1,449,277Expenses 2023: $1,437,832Net Income 2023: $11,4452023Revenue 2024: $1,455,862Expenses 2024: $1,542,738Net Income 2024: -$86,8762024

Highlighted filing

2021

Revenue$758,705
Expenses$735,546
Net Income$23,159
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 17, 2021
Return Version
2020v4.1
Gross Receipts
$758,705
Mission and Program Overview

Mission

To enhance the economy of mclean county through promotion, attraction and retention of events, conventions, and tourism, by fostering the friendly cooperation of all interests and of all local groups and segments of our population.

The organization works to enhance the region's economic vitality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,675,523$1,882,853▲ $207,330
Cash and Non-Interest-Bearing Accounts$427,431$259,995▼ $167,436
Land, Buildings, and Equipment, Net$108,885$99,604▼ $9,281
Accounts Receivable$59,778$73,833▲ $14,055
Total Assets$2,276,805$2,316,285▲ $39,480
Other Assets Total$5,188$0▼ $5,188
Liabilities
Accounts Payable and Accrued Expenses$25,002$41,323▲ $16,321
Total Liabilities$25,002$41,323▲ $16,321
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,251,803$2,274,962▲ $23,159
Total Net Assets Fund Balance$2,251,803$2,274,962▲ $23,159
Total Liabilities and Net Assets / Fund Balance$2,276,805$2,316,285▲ $39,480

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$90,581$77,532$168,113
Equipment$9,023$65,261$74,284
Other Land Buildings$0$18,475$18,475
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Crystal HowardPresident & CEOFT$104,481$10,262$114,743

Board Members and Trustees

NameTitle
Scott BlackChairman
Cheryl MagnusonBoard Member
Jamie MathyBoard Member
Justin BoydBoard Member
Kathleen LorenzBoard Member
Kevin MccarthyBoard Member
Migidi TemboBoard Member
Steve NewmanBoard Member
Tari RennerBoard Member
Beth WhismanSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$695,570
Program Service Revenue
$61,534
Investment Income
$1,589
Other Revenue
$12
Change in Net Assets
$23,159

Audited Revenue Reconciliation

Revenue per Audited Statements
$758,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$758,705
Total Revenue per Form 990
$758,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$399,601
Salaries, Compensation, and Employee Benefits$335,945
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$155,699--$155,699
Current Officers, Directors, Trustees, and Key Employees$68,768$45,975-$114,743
All Other Expenses$52,426$1,921-$54,347
Other Employee Benefits$36,758$7,529-$44,287
Occupancy$29,472$12,631-$42,103
Fees for Services Accounting-$39,267-$39,267
Conferences and Meetings$33,313--$33,313
Other Expenses$30,882--$30,882
Payroll Taxes$17,609$3,607-$21,216
Depreciation Depletion$6,497$2,784-$9,281
Insurance-$6,126-$6,126
Office Expenses$2,311$770-$3,081
Total Functional Expenses$614,936$120,610$0$735,546

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$735,546
Total Expenses per Audited Statements$735,546
Total Expenses per Form 990$735,546
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 and audit reports are presented to the board. The board members review and approve the reports and form 990 and the chairman of the board signs the form 990.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is distributed to the board members when they first join the board and staff members annually, who then sign an acknowledgement stating they are in compliance with the policy. Once disclosed, safeguards are established to protect all parties involved.”

Form 990, Part VI, Section B, Line 15A

“The board members review and approve the president's salary and bonus annually during an executive session of the regular board meeting. The board examines comparable salary data for other convention and visitors bureaus during their review.”

Form 990, Part VI, Section C, Line 19

“The auditing firm provides a copy of the form 990 when the completed audit reports are presented to the board. The board members review and approve the reports and form 990 and the chairman of the board signs the form 990. See the financial statements for significant accounting policies. Organization governing documents and policies are available upon request.”

Filing and Contact Details

Filer

Filer Name
Bloomington-normal Area Convention &
EIN
33-1037577
Phone
3096650033
Address
101 S MADISON, BLOOMINGTON, IL 61701

Signing Officer

Name
Scott Black
Title
Chair
Phone
3096650033
Signed
2021-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Black
Formed
2003
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
6
Volunteers
300

Preparer

Firm
Striegel Knobloch & Company LLC
Address
115 W JEFFERSON ST SUITE 200, BLOOMINGTON, IL 61701
Preparer
Stephen H Arendt Partner
Phone
3098294303
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require the bureau's management to evaluate tax positions taken by the bureau and recognize a tax liability if the bureau has taken an uncertain position that more than likely would not be sustained upon examination by applicable taxing authorities. Management has analyzed the tax positions taken by the bureau and has concluded that as of june 30, 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The bureau is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Tax years prior to 2018 are closed.”

Raw XML Appendix399 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt025002
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt041323
IRS990/AccountsReceivableGrp/BOYAmt059778
IRS990/AccountsReceivableGrp/EOYAmt073833
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WORKS TO ENHANCE THE REGION'S ECONOMIC VITALITY.
IRS990/AddressChangeInd0X
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01921
IRS990/AllOtherExpensesGrp/ProgramServicesAmt052426
IRS990/AllOtherExpensesGrp/TotalAmt054347
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CRYSTAL HOWARD
IRS990/BooksInCareOfDetail/PhoneNum03096650033
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 S MADISON
IRS990/BooksInCareOfDetail/USAddress/CityNm0BLOOMINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0427431
IRS990/CashNonInterestBearingGrp/EOYAmt0259995
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt045975
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt068768
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0114743
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt033313
IRS990/ConferencesMeetingsGrp/TotalAmt033313
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0695570
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01589
IRS990/CYOtherExpensesAmt0399601
IRS990/CYOtherRevenueAmt012
IRS990/CYProgramServiceRevenueAmt061534
IRS990/CYRevenuesLessExpensesAmt023159
IRS990/CYSalariesCompEmpBnftPaidAmt0335945
IRS990/CYTotalExpensesAmt0735546
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0758705
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02784
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06497
IRS990/DepreciationDepletionGrp/TotalAmt09281
IRS990/Desc0THE BUREAU PROMOTES SPORTING EVENTS, CONVENTIONS, AND TOURISM ATTRACTIONS TRHOUGH SPONSORSHIPS, ADVERTISING, AND SPECIAL EVENTS TO BRING VISITORS TO THE BLOOMINGTON-NORMAL AREA AND THE SURROUNDING COMMUNITIES. FOR INSTANCE, THE BUREAU PRINTS AND DISTRIBUTES VISITOR'S GUIDES IN ILLINOIS, AS WELL AS HOLDING AN ANNUAL YOUTH GOLF TOURNAMENT AND SPONSORING A YOUTH WRESTLING TOURNAMENT, AS WELL AS SEVERAL CONVENTIONS THAT BRING VISITORS TO THE AREA HOTELS AND BUSINESSES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0614936
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt039267
IRS990/FeesForServicesAccountingGrp/TotalAmt039267
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1010262
IRS990/Form990PartVIISectionAGrp/PersonNm0SCOTT BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHLEEN LORENZ
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm3CHERYL MAGNUSON
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMIE MATHY
IRS990/Form990PartVIISectionAGrp/PersonNm5TARI RENNER
IRS990/Form990PartVIISectionAGrp/PersonNm6JUSTIN BOYD
IRS990/Form990PartVIISectionAGrp/PersonNm7MIGIDI TEMBO
IRS990/Form990PartVIISectionAGrp/PersonNm8BETH WHISMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9STEVE NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10CRYSTAL HOWARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10104481
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0695570
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0758705
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06126
IRS990/InsuranceGrp/TotalAmt06126
IRS990/InvestmentIncomeGrp/ExclusionAmt01589
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01589
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0161268
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0108885
IRS990/LandBldgEquipBasisNetGrp/EOYAmt099604
IRS990/LandBldgEquipCostOrOtherBssAmt0260872
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BLOOMINGTON-NORMAL AREA CONVENTION AND VISITORS BUREAU WORKS TO ENHANCE THE REGION'S ECONOMIC VITALITY, SUSTAINABILITY AND QUALITY OF LIFE BY MARKETING THE COUNTY AS A COMPELLING DESTINATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02251803
IRS990/NetAssetsOrFundBalancesEOYAmt02274962
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02251803
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02274962
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012631
IRS990/OccupancyGrp/ProgramServicesAmt029472
IRS990/OccupancyGrp/TotalAmt042103
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0770
IRS990/OfficeExpensesGrp/ProgramServicesAmt02311
IRS990/OfficeExpensesGrp/TotalAmt03081
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05188
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07529
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036758
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044287
IRS990/OtherExpensesGrp/Desc0CONSUMER LEISURE - MARK
IRS990/OtherExpensesGrp/Desc1YOUTH CLASSIC
IRS990/OtherExpensesGrp/Desc2GENERAL PUBLIC RELATION
IRS990/OtherExpensesGrp/Desc3SPORTS - MARKETING
IRS990/OtherExpensesGrp/ProgramServicesAmt091276
IRS990/OtherExpensesGrp/ProgramServicesAmt157168
IRS990/OtherExpensesGrp/ProgramServicesAmt232757
IRS990/OtherExpensesGrp/ProgramServicesAmt330882
IRS990/OtherExpensesGrp/TotalAmt091276
IRS990/OtherExpensesGrp/TotalAmt157168
IRS990/OtherExpensesGrp/TotalAmt232757
IRS990/OtherExpensesGrp/TotalAmt330882
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012
IRS990/OtherRevenueTotalAmt012
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0155699
IRS990/OtherSalariesAndWagesGrp/TotalAmt0155699
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03607
IRS990/PayrollTaxesGrp/ProgramServicesAmt017609
IRS990/PayrollTaxesGrp/TotalAmt021216
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT BLACK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611620
IRS990/ProgramServiceRevenueGrp/BusinessCd1611620
IRS990/ProgramServiceRevenueGrp/BusinessCd2611620
IRS990/ProgramServiceRevenueGrp/Desc0THE YOUTH CLASSIC
IRS990/ProgramServiceRevenueGrp/Desc1SPORTS COMMISSION
IRS990/ProgramServiceRevenueGrp/Desc2MIDWEST NATIONALS WRES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060514
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11005
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060514
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11005
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0874123
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05513
IRS990/PYOtherExpensesAmt0659791
IRS990/PYOtherRevenueAmt05868
IRS990/PYProgramServiceRevenueAmt0116024
IRS990/PYRevenuesLessExpensesAmt0-29294
IRS990/PYSalariesCompEmpBnftPaidAmt0371031
IRS990/PYTotalExpensesAmt01030822
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01001528
IRS990/ReconcilationRevenueExpnssAmt023159
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01675523
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01882853
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt09023
IRS990ScheduleD/EquipmentGrp/DepreciationAmt065261
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074284
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0735546
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt090581
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt077532
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0168113
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018475
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018475
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0758705
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE BUREAU'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE BUREAU AND RECOGNIZE A TAX LIABILITY IF THE BUREAU HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE BUREAU AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE BUREAU IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TAX YEARS PRIOR TO 2018 ARE CLOSED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt099604
IRS990ScheduleD/TotalExpensesPerForm990Amt0735546
IRS990ScheduleD/TotalRevenuePerForm990Amt0758705
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0758705
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0735546
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 AND AUDIT REPORTS ARE PRESENTED TO THE BOARD. THE BOARD MEMBERS REVIEW AND APPROVE THE REPORTS AND FORM 990 AND THE CHAIRMAN OF THE BOARD SIGNS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD MEMBERS WHEN THEY FIRST JOIN THE BOARD AND STAFF MEMBERS ANNUALLY, WHO THEN SIGN AN ACKNOWLEDGEMENT STATING THEY ARE IN COMPLIANCE WITH THE POLICY. ONCE DISCLOSED, SAFEGUARDS ARE ESTABLISHED TO PROTECT ALL PARTIES INVOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS REVIEW AND APPROVE THE PRESIDENT'S SALARY AND BONUS ANNUALLY DURING AN EXECUTIVE SESSION OF THE REGULAR BOARD MEETING. THE BOARD EXAMINES COMPARABLE SALARY DATA FOR OTHER CONVENTION AND VISITORS BUREAUS DURING THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDITING FIRM PROVIDES A COPY OF THE FORM 990 WHEN THE COMPLETED AUDIT REPORTS ARE PRESENTED TO THE BOARD. THE BOARD MEMBERS REVIEW AND APPROVE THE REPORTS AND FORM 990 AND THE CHAIRMAN OF THE BOARD SIGNS THE FORM 990. SEE THE FINANCIAL STATEMENTS FOR SIGNIFICANT ACCOUNTING POLICIES. ORGANIZATION GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02276805
IRS990/TotalAssetsEOYAmt02316285
IRS990/TotalAssetsGrp/BOYAmt02276805
IRS990/TotalAssetsGrp/EOYAmt02316285
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0695570
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120610
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0614936
IRS990/TotalFunctionalExpensesGrp/TotalAmt0735546
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025002
IRS990/TotalLiabilitiesEOYAmt041323
IRS990/TotalLiabilitiesGrp/BOYAmt025002
IRS990/TotalLiabilitiesGrp/EOYAmt041323
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02251803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02274962
IRS990/TotalOtherCompensationAmt010262
IRS990/TotalProgramServiceExpensesAmt0614936
IRS990/TotalProgramServiceRevenueAmt061534
IRS990/TotalReportableCompFromOrgAmt0104481
IRS990/TotalRevenueGrp/ExclusionAmt01589
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt061546
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0758705
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0300
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02276805
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02316285
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 S MADISON
IRS990/USAddress/CityNm0BLOOMINGTON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061701
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.VISITBN.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT BLACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03096650033
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLOOMINGTON-NORMAL AREA CONVENTION &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VISITORS BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0331037577
ReturnHeader/Filer/PhoneNum03096650033
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 S MADISON
ReturnHeader/Filer/USAddress/CityNm0BLOOMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371122831
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STRIEGEL KNOBLOCH & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 W JEFFERSON ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061701
ReturnHeader/PreparerPersonGrp/PhoneNum03098294303
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN H ARENDT PARTNER
ReturnHeader/ReturnTs02021-11-17T12:44:30-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLACK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,316,285
Liabilities
$41,323
Net assets
$2,274,962
Revenue
$758,705
Expenses
$735,546
Net income
$23,159
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.34$0.17$2.18$1.46$1.54$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.65$0.38$2.26$1.45$1.44$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.04$2.25$0.97$0.99$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.32$0.04$2.27$0.76$0.74$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.28$0.03$2.25$1.00$1.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.36$0.08$2.28$1.24$1.19$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.35$0.12$2.23$1.24$1.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.08$2.22$1.28$1.21$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.21$0.05$2.15$1.26$1.18$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.17$0.10$2.07$1.51$1.36$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.07$1.92$1.29$1.15$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.04$1.79$1.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.02$1.63$1.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.02$1.52$1.11