Civic Intelligence

St Louis Park Convention and Visit Bureau DBA Discover St Louis Park

EIN 45-2782997 • 501(c)6 • St Louis Park, MN

Profile

We are committed to being a leading destination marketing organization whose mission is to market and promote st. Louis park, assuring utilization of our businesses and community assets, exceeding the expectations of all stakeholders through effective initiatives, responsiveness and strong relationships.

1660 Highway 100 South RMSTE 501St Louis Park, MN 55416

www.visitstlouispark.com

Siviq Scores

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

Liabilities / Assets

66th percentile

0.27x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.23x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

38th percentile

1.0%

Higher net margin than 38% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$145,441

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-1.0%

Faster asset growth than 30% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

8.5%

Faster revenue growth than 58% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,107,402

Down $11,558 (-1.0%) from 2023

Liabilities

Down

$293,547

Down $26,850 (-8.4%) from 2023

Net Assets

Up

$813,855

Up $15,292 (+1.9%) from 2023

Revenue

Up

$1,251,323

Up $97,761 (+8.5%) from 2023

Expenses

Up

$1,238,342

Up $52,026 (+4.4%) from 2023

Net Income

Up

$12,981

Up $45,735 (+140%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $377,268Liabilities 2011: $721Net Assets 2011: $376,5472011Assets 2012: $311,343Liabilities 2012: $39,970Net Assets 2012: $271,3732012Assets 2013: $322,136Liabilities 2013: $29,303Net Assets 2013: $292,8332013Assets 2014: $330,655Liabilities 2014: $6,865Net Assets 2014: $323,7902014Assets 2015: $400,229Liabilities 2015: $21,220Net Assets 2015: $379,0092015Assets 2016: $407,790Liabilities 2016: $25,392Net Assets 2016: $382,3982016Assets 2017: $423,053Liabilities 2017: $23,667Net Assets 2017: $399,3862017Assets 2018: $472,067Liabilities 2018: $72,159Net Assets 2018: $399,9082018Assets 2019: $540,905Liabilities 2019: $45,535Net Assets 2019: $495,3702019Assets 2020: $327,989Liabilities 2020: $12,483Net Assets 2020: $315,5062020Assets 2021: $598,530Liabilities 2021: $5,095Net Assets 2021: $593,4352021Assets 2022: $840,292Liabilities 2022: $8,975Net Assets 2022: $831,3172022Assets 2023: $1,118,960Liabilities 2023: $320,397Net Assets 2023: $798,5632023Assets 2024: $1,107,402Liabilities 2024: $293,547Net Assets 2024: $813,8552024

Highlighted filing

2024

Assets$1,107,402
Liabilities$293,547
Net Assets$813,855

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $549,237Expenses 2011: $172,690Net Income 2011: $376,5472011Expenses 2012: $744,8812012Revenue 2013: $729,610Expenses 2013: $708,150Net Income 2013: $21,4602013Revenue 2014: $781,832Expenses 2014: $750,875Net Income 2014: $30,9572014Revenue 2015: $803,983Expenses 2015: $748,764Net Income 2015: $55,2192015Revenue 2016: $830,339Expenses 2016: $826,950Net Income 2016: $3,3892016Revenue 2017: $944,514Expenses 2017: $927,526Net Income 2017: $16,9882017Revenue 2018: $1,172,246Expenses 2018: $1,171,724Net Income 2018: $5222018Revenue 2019: $1,232,223Expenses 2019: $1,136,761Net Income 2019: $95,4622019Revenue 2020: $446,021Expenses 2020: $625,885Net Income 2020: -$179,8642020Revenue 2021: $734,499Expenses 2021: $456,570Net Income 2021: $277,9292021Revenue 2022: $1,102,134Expenses 2022: $864,252Net Income 2022: $237,8822022Revenue 2023: $1,153,562Expenses 2023: $1,186,316Net Income 2023: -$32,7542023Revenue 2024: $1,251,323Expenses 2024: $1,238,342Net Income 2024: $12,9812024

Highlighted filing

2024

Revenue$1,251,323
Expenses$1,238,342
Net Income$12,981

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.11$0.29$0.81$1.25$1.24$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.32$0.80$1.15$1.19$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.01$0.83$1.10$0.86$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$0.73$0.46$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.45$0.63$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.05$0.50$1.23$1.14$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.07$0.40$1.17$1.17$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$0.94$0.93$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.38$0.83$0.83$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$0.80$0.75$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.78$0.75$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.29$0.73$0.71$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.04$0.27$0.74
2011Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.55$0.17$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 25, 2025
Return Version
2024v5.2
Gross Receipts
$1,251,323
Mission and Program Overview

Mission

We are committed to being a leading destination marketing organization whose mission is to market and promote St. Louis Park and Golden Valley, assuring utilization of our businesses and community assets, exceeding the expectations of all stakeholders through effective initiatives, responsiveness and strong relationships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$798,563$813,855▲ $15,292
Cash and Non-Interest-Bearing Accounts$511,312$541,644▲ $30,332
Accounts Receivable$145,199$177,531▲ $32,332
Prepaid Expenses and Deferred Charges$146,492$124,441▼ $22,051
Land, Buildings, and Equipment, Net$551$1,960▲ $1,409
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,118,960$1,107,402▼ $11,558
Other Assets Total$315,406$261,826▼ $53,580
Liabilities
Other Liabilities$303,225$251,287▼ $51,938
Accounts Payable and Accrued Expenses$17,172$42,260▲ $25,088
Total Liabilities$320,397$293,547▼ $26,850
Net Assets / Fund Balance
Total Net Assets Fund Balance$798,563$813,855▲ $15,292
Total Liabilities and Net Assets / Fund Balance$1,118,960$1,107,402▼ $11,558

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,960$54,936$56,896
Other Assets Org$3,435--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Becky BakkenPresident & CEOFT$126,457$18,984$145,441

Board Members and Trustees

NameTitle
Jatin SetiaBoard Member Past Chair
Brad BakkenChair
Bill GleasonChair Elect
Amir BerenjianBoard Member
Erika BennettBoard Member
Keith BroadyBoard Member
Kim KellerBoard Member
Korawan MuangmodeBoard Member
Lindsay CarterBoard Member
Nadia MohamedBoard Member
Nicole GebeckBoard Member
Paige HawkinsBoard Member
Roslyn HarmonBoard Member
Felicia SchaeferBoard Member Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,230,225
Investment Income
$1,098
Other Revenue
$20,000
Change in Net Assets
$12,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$838,016
Salaries, Compensation, and Employee Benefits$394,460
Grants and Similar Amounts Paid$5,866
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$686,748--$686,748
Other Salaries and Wages$169,403--$169,403
Current Officers, Directors, Trustees, and Key Employees$72,720$72,720-$145,440
Occupancy$66,254--$66,254
Other Employee Benefits$35,551$10,677-$46,228
Payroll Taxes$18,275$5,489-$23,764
Fees for Services Other$23,330--$23,330
Conferences and Meetings$12,805--$12,805
Pension Plan Contributions$7,402$2,223-$9,625
Fees for Services Accounting$8,320--$8,320
Grants to Domestic Orgs$5,866--$5,866
Office Expenses$5,577--$5,577
Information Technology-$4,603-$4,603
Insurance$3,737--$3,737
Other Expenses$2,000--$2,000
Depreciation Depletion$655--$655
Travel$151--$151
Total Functional Expenses$1,142,630$95,712$0$1,238,342
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligation$219,351
Current Portion of Operating Lease$30,045
Payroll Liabilities$1,891
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
Yes
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 990 along with the 990T return are both reviewed by the Executive Committee prior to filing.

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

all employees and board members must disclose any potential conflicts ofinterest on an annual basis. these disclosures are kept on file by theorganization.

Form 990, Part VI, Section B, line 15

Reviewed and approved by independent Board of Directors.Reviewed and approved by independent Board of Directors.

Form 990, Part VI, Section C, line 19

the organizations governing documents, conflict of interest policy and financial statements are made available at thier office upon request.

Filing and Contact Details

Filer

Filer Name
St Louis Park Convention and Visit
EIN
45-2782997
Phone
9524264047
Address
1660 Highway 100 South RMSTE 501, St Louis Park, MN 55416

Signing Officer

Name
Becky Bakken
Title
President & CEO
Phone
9524264047
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Becky Bakken
Formed
2011
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Michael P Mullen CPA PLLC
Address
5912 West 35th Street, Minneapolis, MN 55416
Preparer
Michael P Mullen CPA
Phone
9529283011
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0551
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01960
IRS990/LandBldgEquipCostOrOtherBssAmt056896
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0We are committed to being a leading destination marketing organization whose mission is to market and promote St. Louis Park and Golden Valley, assuring utilization of our businesses and community assets, exceeding the expectations of all stakeholders through effective initiatives, responsiveness and strong relationships.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0798563
IRS990/NetAssetsOrFundBalancesEOYAmt0813855
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02311
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt066254
IRS990/OccupancyGrp/TotalAmt066254
IRS990/OfficeExpensesGrp/ProgramServicesAmt05577
IRS990/OfficeExpensesGrp/TotalAmt05577
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0315406
IRS990/OtherAssetsTotalGrp/EOYAmt0261826
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010677
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt035551
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046228
IRS990/OtherExpensesGrp/Desc0Donations
IRS990/OtherExpensesGrp/Desc1Education
IRS990/OtherExpensesGrp/Desc2Telephone
IRS990/OtherExpensesGrp/Desc3DSLP Hosted Events
IRS990/OtherExpensesGrp/ProgramServicesAmt017447
IRS990/OtherExpensesGrp/ProgramServicesAmt13627
IRS990/OtherExpensesGrp/ProgramServicesAmt22762
IRS990/OtherExpensesGrp/ProgramServicesAmt32000
IRS990/OtherExpensesGrp/TotalAmt017447
IRS990/OtherExpensesGrp/TotalAmt13627
IRS990/OtherExpensesGrp/TotalAmt22762
IRS990/OtherExpensesGrp/TotalAmt32000
IRS990/OtherLiabilitiesGrp/BOYAmt0303225
IRS990/OtherLiabilitiesGrp/EOYAmt0251287
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EMT Grant Income
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IRS990/OtherRevenueTotalAmt020000
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0169403
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05489
IRS990/PayrollTaxesGrp/ProgramServicesAmt018275
IRS990/PayrollTaxesGrp/TotalAmt023764
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02223
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07402
IRS990/PensionPlanContributionsGrp/TotalAmt09625
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0146492
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0124441
IRS990/PrincipalOfficerNm0Becky Bakken
IRS990/ProfessionalFundraisingInd00
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0813855
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01960
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054936
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056896
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0258391
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13435
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Operating Lease
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Artwork
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01891
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1219351
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt230045
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Operating Lease Obligation
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Current Portion of Operating Lease
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0261826
IRS990ScheduleD/TotalLiabilityAmt0251287
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 along with the 990T return are both reviewed by the Executive Committee prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1all employees and board members must disclose any potential conflicts ofinterest on an annual basis. these disclosures are kept on file by theorganization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed and approved by independent Board of Directors.Reviewed and approved by independent Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the organizations governing documents, conflict of interest policy and financial statements are made available at thier office 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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
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IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt01107402
IRS990/TotalAssetsGrp/BOYAmt01118960
IRS990/TotalAssetsGrp/EOYAmt01107402
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095712
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01142630
IRS990/TotalFunctionalExpensesGrp/TotalAmt01238342
IRS990/TotalGrossUBIAmt01098
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IRS990/TotalLiabilitiesEOYAmt0293547
IRS990/TotalLiabilitiesGrp/BOYAmt0320397
IRS990/TotalLiabilitiesGrp/EOYAmt0293547
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0798563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0813855
IRS990/TotalOtherCompensationAmt018984
IRS990/TotalProgramServiceExpensesAmt01142630
IRS990/TotalProgramServiceRevenueAmt01230225
IRS990/TotalReportableCompFromOrgAmt0126457
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01250225
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01251323
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01098
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01118960
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01107402
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0151
IRS990/TravelGrp/TotalAmt0151
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01660 Highway 100 South Ste 501
IRS990/USAddress/CityNm0St Louis Park
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055416
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.westopolis.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Becky Bakken
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09524264047
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0St Louis Park Convention and Visit
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Bureau DBA Westopolis
ReturnHeader/Filer/BusinessNameControlTxt0STLO
ReturnHeader/Filer/EIN0452782997
ReturnHeader/Filer/PhoneNum09524264047

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