2020-07-15T08:58:17-05:00 2019-06-30 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2018-07-01 621025301 MEMPHIS CONVENTION AND VISITORS BUREAU D/B/A MEMPHIS TOURISM CORP MEMP 9015435300 47 UNION AVENUE MEMPHIS TN 38103 KEVIN KANE PRESIDENT/CEO 9015435300 2020-07-14 1 KELLY S CROW P01519168 9016822431 2020-07-13 216.37.74.232 2020-07-14 11:20:37 CD P 6FB6D247EA89A1511655647A21F0484DE91F61D8 6FB6D247EA89A1511655647A21F0484DE91F61D8 2018 2021-09-10 13:11:23Z KEVIN KANE 47 UNION AVENUE MEMPHIS TN 38103 17225333 0 X WWW.MEMPHISTRAVEL.COM X 1978 TN SEE SCHEDULE O 29 29 53 29 415811 0 15596951 16399662 0 0 86321 346405 465799 449393 16149071 17195460 0 0 0 0 4523161 4980535 0 0 0 9223121 9956171 13746282 14936706 2402789 2258754 32756532 36874463 1828205 3686684 30928327 33187779 X THE OFFICIAL DESTINATION MARKETING ORGANIZATION DEDICATED TO ACTIVELY GROWING THE MEMPHIS AND SHELBY COUNTY ECONOMY BY ATTRACTING VISITORS, CONVENTIONS AND EVENTS. 0 0 3191221 CONVENTION SALES & SERVICES - PROMOTE MEMPHIS TO VARIOUS SEGMENTS OF MEETING AND CONVENTION MARKETS, AMATEUR SPORTS MARKETS AND TOUR AND TRAVEL MARKETS TO ATTRACT GROUPS, MEETINGS AND EVENTS TO THE CITY. 6287458 DESTINATION MARKETING - PROMOTE MEMPHIS AS A TOURIST DESTINATION BY GENERATING MEDIA COVERAGE, ADVERTISING MEMPHIS WORLDWIDE AND PRODUCING MAP AND TOURIST GUIDES. 646000 VISITOR INFORMATION CENTERS - PROVIDE HOSPITABLE FACILITIES WITH STAFF THAT OFFERS FRIENDLY SERVICE AND ACCURATE INFORMATION WHICH ENCOURAGES VISITORS TO CONSIDER MEMPHIS A DESIRABLE TRAVEL DESTINATION AND INCREASE THE LENGTH OF STAY IN MEMPHIS AND SHELBY COUNTY. 2358730 MEMBER SERVICES; COMMUNITY DEVELOPMENT; SPORTS DEVELOPMENT; GOVERNMENT RELATIONS; CONVENTION SERVICES; TRAINING 2358730 12483409 0 0 0 1 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 43 0 1 53 1 1 1 0 0 0 0 1 0 0 0 X 29 29 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X LINDA SAWYER 9015435300 47 UNION AVENUE MEMPHIS TN 38103 LANI GLANCY CHAIRMAN 1.00 X X 0 0 0 SALLY PACE VICE CHAIRMAN 1.00 X X 0 0 0 DOUG BROWNE SECRETARY 1.00 X X 0 0 0 SCOTT BROCKMAN TREASURER 1.00 X X 0 0 0 HAROLD GRAETER BOARD MEMBER 1.00 X 0 0 0 EKUNDAYO BANDELE BOARD MEMBER 1.00 X 0 0 0 CINDY BREWER BOARD MEMBER 1.00 X 0 0 0 WILLIE BROOKS BOARD MEMBER 1.00 X 0 0 0 MAURICIO CALVO BOARD MEMBER 1.00 X 0 0 0 CHRIS CANALE BOARD MEMBER 1.00 X 0 0 0 PAUL CHANDLER BOARD MEMBER 1.00 X 0 0 0 FRANK COLVETT JR BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER CRIDER BOARD MEMBER 1.00 X 0 0 0 ALLISON FOUCHE' BOARD MEMBER 1.00 X 0 0 0 LORI HUFFSTUTLER BOARD MEMBER 1.00 X 0 0 0 CYNTHIA JOHNSON BOARD MEMBER 1.00 X 0 0 0 DWIGHT JOHNSON BOARD MEMBER 1.00 X 0 0 0 ERNIE MELLOR BOARD MEMBER 1.00 X 0 0 0 JENNIFER OSWALT BOARD MEMBER 1.00 X 0 0 0 ELIZABETH ROUSE BOARD MEMBER 1.00 X 0 0 0 MELODYE RUBY BOARD MEMBER 1.00 X 0 0 0 BATHSHEBA SAMS BOARD MEMBER 1.00 X 0 0 0 DARRELL SMITH BOARD MEMBER 1.00 X 0 0 0 DAN SPRINGER BOARD MEMBER 1.00 X 0 0 0 JOELLYN SULLIVAN BOARD MEMBER 1.00 X 0 0 0 PHIL TRENARY BOARD MEMBER 1.00 X 0 0 0 CRAIG UNGER BOARD MEMBER 1.00 X 0 0 0 TRICIA WEATHERFORD BOARD MEMBER 1.00 X 0 0 0 DUNCAN WILLIAMS BOARD MEMBER 1.00 X 0 0 0 KEVIN G KANE PRESIDENT/CEO 40.00 X 488446 0 51787 LINDA SAWYER CAO/CFO 40.00 X 230592 0 31480 JEFFREY V HOMAD VP SALES & SERVICES 40.00 X 215795 0 44595 REGENA BEARDEN CMO 40.00 X 209085 0 27088 MALVIN GIPSON EXEC DIRECTOR - SPORTS 40.00 X 112508 0 35221 EVA GOODSON NATIONAL SALES DIRECTOR 40.00 X 100032 0 27578 KEVIN KERN VP - PUBLIC RELATIONS 40.00 X 118080 0 13786 KERMIT MADISON SR. NATIONAL SALES DIRECTOR 40.00 X 124426 0 15951 1598964 0 247486 8 0 1 0 MILES MEDIA GROUP LLLP PO BOX 54133 NEW ORLEANS LA 70154 DIGITAL & PRINT ADVERTISING 1759658 BRAND USA 1725 EYE STREET NW SUITE 800 WASHINGTON DC 20006 ADVERTISING 281500 TIGER SPORTS PROPERTIES PO BOX 8403038 KANSAS CITY MO 64184 ADVERTISING 108428 ARRIVALIST PO BOX 230199 NEW YORK NY 10023 MEDIA PROGRAMS 101250 4 202066 16175596 22000 22000 16399662 346405 346405 63455 29873 33582 33582 ONLINE ADVERTISING 541800 168990 168990 MMG MANAGEMENT FEE 900099 125000 125000 VISITOR GUIDEBOOK 541800 121821 121821 415811 17195460 0 415811 379987 1298868 79333 1219535 2902659 2902659 217897 217897 303798 303798 257313 205927 51386 27805 27805 6197 6197 708712 259506 449206 8281299 8036502 244797 358365 181512 176853 128094 69605 58489 222399 69755 152644 DUES AND SUBSCRIPTIONS 123289 68912 54377 POSTAGE 79479 67471 12008 OTHER EXPENSES 20532 20532 0 14936706 12483409 2453297 0 1306987 3350611 15530517 13558334 13007720 13119424 65472 74169 37402 38544 133436 40003 6489672 3918162 2623139 2571510 4069913 1565 1651 50294 50304 32756532 36874463 1685591 3544221 92320 92159 50294 50304 1828205 3686684 X 21274968 23051750 9653359 10136029 30928327 33187779 32756532 36874463 2258754 698 0 X X 0 1 X 1 0 0 1 0 0 1 X 212115 212115 3808921 1946975 1861946 2468636 1971187 497449 2571510 X 17189961 698 -6197 -5499 17195460 0 17195460 14930509 0 14930509 6197 6197 14936706 PART IV, LINE 2B: IN ACCORDANCE WITH TENNESSEE CODE ANNOTATED, SECTION 67-4-1702(A)(7), ALL PRIVILEGE TAXES COLLECTED BY THE COMMISSIONER FROM NBA PLAYERS WILL BE DEPOSITED INTO A MUNICIPAL GOVERNMENT FUND (I.E., CITY OF MEMPHIS), LOCATED IN THE SAME MUNICIPALITY AS THE INDOOR SPORTS FACILITY IN WHICH THE GAME IS PLAYED (I.E., FEDEX FORUM). FOR MUNICIPALITIES, SUCH AS THE CITY OF MEMPHIS, THAT DO NOT HAVE A METROPOLITAN FORM OF GOVERNMENT, THE FUNDS ARE HELD BY THE BUREAU AND ALLOCATED EXCLUSIVELY FOR THE PAYMENT OR REIMBURSEMENT OF EXPENSES ASSOCIATED WITH SECURING CURRENT, EXPANDED, OR NEW EVENTS FOR THE INDOOR SPORTS FACILITY, AS DIRECTED BY THE FEDEX FORUM OFFICER. AS OF JUNE 30, 2019, THE BUREAU HELD RESTRICTED FUNDS TOTALING $50,304, AND A LIKE AMOUNT IS ALSO REFLECTED AS AN OTHER ASSET IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PART X, LINE 2: IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE BUREAU RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS INTEREST EXPENSE AND PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES. NO AMOUNTS HAVE BEEN RECOGNIZED IN GENERAL AND ADMINISTRATIVE EXPENSES FOR 2019 OR 2018. THE BUREAU IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES -6,197. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 6,197. EUROPE 0 1 PROGRAM SERVICES DESTINATION MARKETING 294851 NEW ZEALAND/AUSTRALIA 0 5 PROGRAM SERVICES DESTINATION MARKETING 209649 ASIA 0 0 PROGRAM SERVICES DESTINATION MARKETING 79171 0 6 0 0 0 6 583671 0 583671 0 0 0 0 0 0 X 1 1 X X 0 0 0 KEVIN G KANE PRESIDENT/CEO 357663 0 119438 0 11345 0 24300 0 27487 0 540233 0 0 0 LINDA SAWYER CAO/CFO 181754 0 45063 0 3775 0 20278 0 11202 0 262072 0 0 0 JEFFREY V HOMAD VP SALES & SERVICES 167449 0 43313 0 5033 0 17325 0 27270 0 260390 0 0 0 REGENA BEARDEN CMO 171299 0 33990 0 3796 0 18355 0 8733 0 236173 0 0 0 VARIOUS BUSINESS ORGS VARIOUS BOARD MMBRS 757442 THE BUREAU'S BOARD OF DIRECTORS IS COMPRISED OF LOCAL BUSINESS LEADERS IN THE TRAVEL, ENTERTAINMENT, RELIGIOUS, GOVERNMENT, AND GENERAL BUSINESS SECTORS OF MEMPHIS. IN THE NORMAL COURSE OF BUSINESS, THE BUREAU CONDUCTS BUSINESS WITH ORGANIZATIONS THAT ARE RELATED TO SOME OF ITS DIRECTORS. THE MAJORITY OF IN-KIND CONTRIBUTIONS REFLECT DISCOUNTS, SERVICES AND PRODUCTS RECEIVED FROM THESE RELATED ORGANIZATIONS. 0 X VOUCHERS & SIGNAGE 2 22000 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE BUREAU RECEIVES VARIOUS TOURIST ATTRACTION ADMISSIONS, COMPLIMENTARY OR DISCOUNTED MEALS, AND COMPLIMENTARY OR DISCOUNTED LODGING FOR ITS VARIOUS VISITING CONVENTION ORGANIZERS IN EXCHANGE FOR MEMBERSHIP BENEFITS TO THE PROVIDER. FORM 990, PART I, LINE 1 THE BUREAU PROMOTES MEMPHIS AS A CONVENTION SITE AND TOURISM DESTINATION, ASSISTS OTHER ORGANIZATIONS INVOLVED IN SERVICING SUCH ACTIVITIES, DEVELOPS MARKETING STRATEGIES TO INCREASE VISITOR TRAVEL AND PROMOTES THE DEVELOPMENT OF THE HOSPITALITY INDUSTRY IN THE GREATER MEMPHIS AND SHELBY COUNTY AREA. FORM 990, PART VI, SECTION A, LINE 6 THE BUREAU IS COMPRISED OF DUES PAYING MEMBERS. THEY HAVE THE RIGHT TO BE ELECTED TO THE BOARD OF DIRECTORS, AND THEY HAVE A VOTE IN SELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY, THE BOARD OF DIRECTORS, IS ELECTED BY THE MEMBERSHIP OF THE BUREAU. EACH MEMBER HAS THE RIGHT TO VOTE FOR THE BOARD OF DIRECTORS. THE ELECTION IS HELD ANNUALLY. THE BOARD OF DIRECTORS HANDLES ALL OF THE SIGNIFICANT DECISIONS OF THE BUREAU. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON IMPORTANT ISSUES. FORM 990, PART VI, SECTION B, LINE 11B THE BUREAU'S CEO AND CFO REVIEW A FINAL DRAFT COPY OF THE FORM 990. THEY MUST APPROVE THE FINAL DRAFT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BUREAU'S POLICY REQUIRES THAT ANY CONFLICT OF INTEREST BE ANNUALLY DISCLOSED TO THE CHAIRMAN OF THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS COMPARED TO INDUSTRY STANDARDS AND THEN APPROVED BY MANAGEMENT AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION MEMPHIS CONVENTION AND VISITORS BUREAU 47 UNION AVENUE MEMPHIS, TN 38103 EMPLOYER IDENTIFICATION NUMBER: 62-1025301 FOR THE YEAR ENDING JUNE 30, 2019 THE MEMPHIS CONVENTION AND VISITORS BUREAU IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). MEMPHIS MANAGEMENT GROUP LLC 47 UNION AVE MEMPHIS TN 38103 371622751 TO PROVIDE MANAGEMENT SERVICES FOR THE MEMPHIS COOK CONVENTION CENTER TN 125000 65096 MEMPHIS TOURISM EDUCATION FOUNDATION 47 UNION AVENUE MEMPHIS TN 38103 481266525 TO IMPROVE THE SELF IMAGE OF MEMPHIS TN 501(C)(3) 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 MEMPHIS TOURISM EDUCATION FOUNDATION Q 361689 THE HOCKADOO COMPANY LP 630 NINTH AVE 610 NEW YORK NY 10036 261727604 MEMPHIS: THE MUSICAL NATIONAL TOUR NY 0 86 475 0 82 0 0.20830