Civic Intelligence

Visitors and Convention Bureau of Thurston County

990 • Fiscal year 2016 • EIN 91-1735847

Jan 01, 2016 to Dec 31, 2016 • Filed on May 03, 2017

PO Box 7338Olympia, WA 98507

(360) 704-7544

Siviq Scores

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

Liabilities / Assets

27th percentile

0.05x

Higher debt load relative to assets than 27% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

0.02x

Higher debt load relative to revenue than 18% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

79th percentile

13%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

30th percentile

$84,927

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

96th percentile

57%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

44th percentile

1.5%

Faster revenue growth than 44% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$432,103

Up $156,180 (+57%) from 2015

Net Assets

Up

$411,746

Up $139,035 (+51%) from 2015

Liabilities

Up

$20,357

Up $17,145 (+534%) from 2015

Revenue

Up

$1,072,104

Up $15,337 (+1.5%) from 2015

Expenses

Up

$932,569

Up $5,641 (+0.6%) from 2015

Net Income

Up

$139,535

Up $9,696 (+7.5%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $84,461Liabilities 2010: $41,576Net Assets 2010: $42,8852010Assets 2011: $44,342Liabilities 2011: $4,286Net Assets 2011: $40,0562011Assets 2012: $48,686Liabilities 2012: $1,751Net Assets 2012: $46,9352012Assets 2013: $29,355Liabilities 2013: $2,184Net Assets 2013: $27,1712013Assets 2014: $173,931Liabilities 2014: $14,776Net Assets 2014: $159,1552014Assets 2015: $275,923Liabilities 2015: $3,212Net Assets 2015: $272,7112015Assets 2016: $432,103Liabilities 2016: $20,357Net Assets 2016: $411,7462016Assets 2017: $437,536Liabilities 2017: $55,332Net Assets 2017: $382,2042017Assets 2018: $455,908Liabilities 2018: $68,359Net Assets 2018: $387,5492018Assets 2019: $605,343Liabilities 2019: $47,187Net Assets 2019: $558,1562019Assets 2020: $868,952Liabilities 2020: $16,915Net Assets 2020: $852,0372020Assets 2021: $1,119,237Liabilities 2021: $30,111Net Assets 2021: $1,089,1262021Assets 2022: $1,075,291Liabilities 2022: $29,590Net Assets 2022: $1,045,7012022Assets 2023: $1,242,802Liabilities 2023: $173,753Net Assets 2023: $1,069,0492023Assets 2024: $1,224,851Liabilities 2024: $155,626Net Assets 2024: $1,069,2252024

Highlighted filing

2016

Assets$432,103
Liabilities$20,357
Net Assets$411,746

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $288,1052010Expenses 2011: $278,4432011Expenses 2012: $276,5332012Revenue 2013: $300,863Expenses 2013: $320,627Net Income 2013: -$19,7642013Revenue 2014: $692,866Expenses 2014: $560,882Net Income 2014: $131,9842014Revenue 2015: $1,056,767Expenses 2015: $926,928Net Income 2015: $129,8392015Revenue 2016: $1,072,104Expenses 2016: $932,569Net Income 2016: $139,5352016Revenue 2017: $1,251,903Expenses 2017: $1,260,162Net Income 2017: -$8,2592017Revenue 2018: $1,227,207Expenses 2018: $1,221,862Net Income 2018: $5,3452018Revenue 2019: $1,424,004Expenses 2019: $1,260,602Net Income 2019: $163,4022019Revenue 2020: $1,140,102Expenses 2020: $846,221Net Income 2020: $293,8812020Revenue 2021: $1,257,776Expenses 2021: $1,020,438Net Income 2021: $237,3382021Revenue 2022: $1,304,376Expenses 2022: $1,340,783Net Income 2022: -$36,4072022Revenue 2023: $1,379,093Expenses 2023: $1,356,363Net Income 2023: $22,7302023Revenue 2024: $1,434,722Expenses 2024: $1,436,175Net Income 2024: -$1,4532024

Highlighted filing

2016

Revenue$1,072,104
Expenses$932,569
Net Income$139,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 3, 2017
Return Version
2016v3.0
Gross Receipts
$1,072,104
Mission and Program Overview

Mission

We strengthen the region's economy by developing meaningful experiences and promoting travel to vibrant thurston county.

Position Thurston County and its cities as a visitor destination to enhance its economic vitality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$272,711$411,746▲ $139,035
Cash and Non-Interest-Bearing Accounts$227,150$378,276▲ $151,126
Accounts Receivable$30,805$40,408▲ $9,603
Land, Buildings, and Equipment, Net$12,029$11,174▼ $855
Savings and Temporary Cash Investments$5,939$2,245▼ $3,694
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$275,923$432,103▲ $156,180
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,212$20,357▲ $17,145
Total Liabilities$3,212$20,357▲ $17,145
Net Assets / Fund Balance
Total Net Assets Fund Balance$272,711$411,746▲ $139,035
Total Liabilities and Net Assets / Fund Balance$275,923$432,103▲ $156,180

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,174$10,307$21,481
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shauna StewartExecutive DirectorFT$84,927$84,927

Board Members and Trustees

NameTitle
Patrick KnutsonPast President
Jill BarnesPresident
John SetterstromVice President
Ed HildrethDirector
Jeannine RoeDirector
Joe DowningDirector
Josh StottlemeyerDirector
Kathleen ThomasDirector
Kelly GreenDirector
Lenny GreensteinDirector
Leslie JohnsonDirector
Patty BelmonteDirector
Sue FalashDirector
Teri ThorningDirector
Michael DavidsonSecretary
Christina DanielsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$47,474
Program Service Revenue
$1,024,376
Investment Income
$254
Other Revenue
$0
All Other Contributions
$25,224
Change in Net Assets
$139,535
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$542,725
Salaries, Compensation, and Employee Benefits$389,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$242,291
Advertising---$180,289
Current Officers, Directors, Trustees, and Key Employees---$84,927
All Other Expenses---$64,532
Payroll Taxes---$37,119
Fees for Services Other---$28,851
Other Employee Benefits---$25,507
Other Expenses---$25,461
Occupancy---$21,460
Information Technology---$21,236
Conferences and Meetings---$15,673
Travel---$5,216
Insurance---$4,040
Depreciation Depletion---$2,671
Fees for Services Legal---$2,500
Fees for Services Accounting---$2,000
Total Functional Expenses$0$0$0$932,569
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
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

Form 990 is reviewed by the Board's Treasurer before filing. Copies of Form 990 are available to all Directors

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are responsible for providing information regarding conflicts of interest and to recuse themselves from the decision making process of related items.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director undergoes an annual review during which compensation is analyzed using comparability data and is updated as needed.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The Organization responds to written requests.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Organization responds to written requests.

Filing and Contact Details

Filer

Filer Name
Visitors and Convention Bureau
EIN
91-1735847
Phone
3607047544
Address
PO Box 7338, Olympia, WA 98507

Signing Officer

Name
Shauna Stewart
Title
Executive Director
Signed
2017-05-03
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Wa
Voting Board Members
16
Independent Board Members
15
Employees
11
Volunteers
24

Preparer

Firm
McSwain and Company PS
Address
612 Woodland Square Loop SE Suite 3, Lacey, WA 98503
Preparer
Jeff Hollingsworth CPA
Phone
3603579304
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IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0254
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0254
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010307
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012029
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011174
IRS990/LandBldgEquipCostOrOtherBssAmt021481
IRS990/LegalDomicileStateCd0WA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt022250
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Position Thurston County and its cities as a visitor destination to enhance its economic vitality.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0272711
IRS990/NetAssetsOrFundBalancesEOYAmt0411746
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt021460
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt025507
IRS990/OtherExpensesGrp/Desc0Special Projects
IRS990/OtherExpensesGrp/Desc1Website
IRS990/OtherExpensesGrp/Desc2Tradeshows
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/TotalAmt0104776
IRS990/OtherExpensesGrp/TotalAmt136108
IRS990/OtherExpensesGrp/TotalAmt227912
IRS990/OtherExpensesGrp/TotalAmt325461
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0242291
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt037119
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0-500
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1511190
IRS990/ProgramServiceRevenueGrp/BusinessCd2541800
IRS990/ProgramServiceRevenueGrp/Desc0Lodging Tax
IRS990/ProgramServiceRevenueGrp/Desc1Miscellaneous
IRS990/ProgramServiceRevenueGrp/Desc2Promotional Contracts
IRS990/ProgramServiceRevenueGrp/Desc3Special Events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0202000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11057
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2811845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt39474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0202000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11057
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2811845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39474
IRS990/ProgSrvcAccomActy2Grp/Desc0Advertise the region in travel and industry publications, broadcast media, and through direct selling to industry representatives.
IRS990/ProgSrvcAccomActy3Grp/Desc0Host an annual meeting to inform members of trends and activity in the tourism market. Organize special events open to the public to promote the region.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt032500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0123
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0599615
IRS990/PYProgramServiceRevenueAmt01024144
IRS990/PYRevenuesLessExpensesAmt0129839
IRS990/PYSalariesCompEmpBnftPaidAmt0327313
IRS990/PYTotalExpensesAmt0926928
IRS990/PYTotalRevenueAmt01056767
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0139535
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0272711
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0411746
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05939
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02245
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011174
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010307
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021481
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011174
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the Board's Treasurer before filing. Copies of Form 990 are available to all Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are responsible for providing information regarding conflicts of interest and to recuse themselves from the decision making process of related items.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director undergoes an annual review during which compensation is analyzed using comparability data and is updated as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization responds to written requests.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization responds to written requests.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0275923
IRS990/TotalAssetsEOYAmt0432103
IRS990/TotalAssetsGrp/BOYAmt0275923
IRS990/TotalAssetsGrp/EOYAmt0432103
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt047474
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0932569
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03212
IRS990/TotalLiabilitiesEOYAmt020357

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.16$1.07$1.43$1.44$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.17$1.07$1.38$1.36$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.03$1.05$1.30$1.34$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.03$1.09$1.26$1.02$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.85$1.14$0.85$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.05$0.56$1.42$1.26$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.07$0.39$1.23$1.22$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.06$0.38$1.25$1.26$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$1.07$0.93$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.27$1.06$0.93$0.13
2014Summary only. Only limited summary data is available for this year.$0.17$0.01$0.16$0.69$0.56$0.13
2013Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.30$0.32$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.04$0.04$0.29