2017-05-12T14:59:27-05:00 2016-09-30 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2015-10-01 364681868 THE CORPORATION FOR TRAVEL PROMOTION CORP 2025362060 1725 EYE STREET NW NO 800 WASHINGTON DC 20006 CHRISTOPHER L THOMPSON CHIEF EXECUTIVE OFFICER 2025362060 2017-05-11 1 TRACY S PAGLIA P00366884 2099556100 2017-05-11 2015 2021-01-29 14:40:06Z BRAND USA CHRISTOPHER L THOMPSON 1725 EYE STREET NW NO 800 WASHINGTON DC 20006 164437051 0 X WWW.THEBRANDUSA.COM X 2010 DC PROMOTION OF THE U.S. AS A PREMIER TRAVEL DESTINATION & COMMUNICATING U.S. ENTRY/EXIT POLICIES & PROCEDURES. 11 11 74 14 0 0 160935066 129344055 5080236 4802512 35554 317525 291003 0 166341859 134464092 0 0 0 0 8845885 9579584 0 0 0 150663514 141010951 159509399 150590535 6832460 -16126443 183946692 146950687 18321412 20965145 165625280 125985542 X THE MISSION OF BRAND USA IS TO ENCOURAGE INCREASED INTERNATIONAL VISITATION TO THE UNITED STATES AND TO GROW AMERICA'S SHARE OF THE GLOBAL TRAVEL MARKET. IN DOING SO, WE AIM TO BRING MILLIONS OF NEW INTERNATIONAL VISITORS WHO SPEND BILLIONS OF DOLLARS TO THE UNITED STATES, CREATING TENS OF THOUSANDS OF NEW AMERICAN JOBS. 0 0 CONSUMER MARKETING CAMPAIGN COMPOSED OF TV, OUT OF HOME, DIGITAL, PRINT, AND SOCIAL COMPONENTS IN 14 COUNTRIES ACTIVE ALL YEAR LONG. BRAND USA ORIGINAL PARTNER PROGRAMMING COMPOSED OF CREATION AND DISTRIBUTION GUIDES, DEVELOPMENT OF WRITTEN, PHOTO, AND VIDEO CONTENT, DIGITAL DEVELOPMENT, AND MULTI-CHANNEL MEDIA PLANNING AND BUYING. BRAND USA TRADE ACTIVITY COMPOSED OF EXHIBITING AT TRAVEL TRADE SHOWS AROUND THE WORLD AND ORGANIZING SALES AND TRADE MISSIONS. COOPERATIVE MARKETING WITH PARTNERS ON ONLINE TRAVEL AGENTS (EX: EXPEDIA) GLOBALLY. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 74 1 0 0 0 0 1 1 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 X DONALD F RICHARDSON CFO 2025362060 1725 EYE STREET NW SUITE 800 WASHINGTON DC 20006 TOM KLEIN CHAIRMAN AND VICE CHAIRMAN 4.00 X X 0 0 0 BARBARA RICHARDSON VICE CHAIRMAN 4.00 X X 0 0 0 ANDREW GREENFIELD SECETARY 4.00 X X 0 0 0 ARNE SORENSON TREASURER AND CHAIRMAN 2.00 X X 0 0 0 DANIEL HALPERN DIRECTOR AND TREASURER 2.00 X X 0 0 0 JOHN EDMAN DIRECTOR 1.00 X 0 0 0 KYLE EDMISTON DIRECTOR 1.00 X 0 0 0 MARYANN FERENC DIRECTOR 1.00 X 0 0 0 RANDY GARFIELD DIRECTOR 1.00 X 0 0 0 ROSSI RALENKOTTER DIRECTOR 1.00 X 0 0 0 MARK SCHWAB DIRECTOR 1.00 X 0 0 0 CAROLINE BETETA THRU 1115 DIRECTOR 1.00 X 0 0 0 GEORGE FERTITTA THRU 1115 DIRECTOR 1.00 X 0 0 0 ROY YAMAGUCHI THRU 1115 DIRECTOR 1.00 X 0 0 0 CHRIS THOMPSON CEO & PRESIDENT 40.00 X 618833 0 21040 DONALD RICHARDSON CHIEF FINANCIAL OFFICER 40.00 X 414000 0 19614 ANNE MADISON CHIEF COMMUNICATIONS OFFICER 40.00 X 401500 0 29731 THOMAS J GARZILLI CHIEF MKTG OFFICER 40.00 X 375083 0 29947 DAVID WHITAKER THRU 616 CHIEF MKTG OFFICER 40.00 X 233567 0 15902 KARYN GOLDSTEIN SVP, PARTNER PROGRAMS 40.00 X 334166 0 19899 STANLEY MATTOS VP, OPERATIONS 40.00 X 280338 0 17269 CARROLL RHEEM VP, RESEARCH & ANALYTICS 40.00 X 222243 0 12035 JOHN O CONTE DIRECTOR, IN-HOUSE COUNSEL 40.00 X 197698 0 9712 MICHAEL J FULLERTON DIRECTOR, PUBLIC AFFAIRS 40.00 X 180480 0 9236 MARY E CURTO THUR 1013 FORMER VP, OPERATIONS 40.00 X 250000 0 0 3507908 0 184385 26 1 1 0 MILES MARKETING DESTINATIONS PO BOX 116755 ATLANTA GA 30368 DIGITAL DEVELOPMENT AND MANAGEMENT 7535804 GEOMETRY GLOBAL PO BOX 8500-51590 PHILADELPHIA PA 19178 ADVERTISING AND CREATIVE SERVICES 3789064 BLACK DIAMOND FILMS LTD 124 FINCHLEY ROAD LONDON UK NW3 5JS INTERNATIONAL REPRESENATION 3597093 BBC WORLDWIDE PO BOX 511 PARKWAY 4 MANCHESTER UK M14 7XN PRODUCTION 2940148 MACGILLIVRAY FREEMAN FILMS INC PO BOX 205 LAGUNA BEACH CA 92652 PRODUCTION 2410000 20 76455855 52888200 129344055 PROGRAM REVENUE 900099 2660929 2660929 SPONSORSHIP REVENUE 900099 2141583 2141583 4802512 679159 679159 29611325 29972959 -361634 -361634 -361634 134464092 4802512 0 317525 2143963 6191156 210928 522886 510651 300720 757479 10882486 115474576 894439 345833 333914 1239045 1431083 6120207 3179991 51178 150590535 31879126 55616732 10368297 6790044 26204559 2568549 84130753 44808259 5115891 1941489 2190026 292314 292282 1897712 19095367 21647360 6737419 11513735 122998 166807 183946692 146950687 17144432 19256196 350000 90467 826980 1618482 18321412 20965145 X 132735023 121383987 32890257 4601555 165625280 125985542 183946692 146950687 -16126443 122716 -23636011 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1372240 120610 1251630 369356 98444 270912 448430 73260 375170 1897712 DEFERRED RENT 1618482 1618482 X 178562938 122715 43976131 44098846 134464092 0 134464092 218202677 67612142 67612142 150590535 0 150590535 PART X, LINE 2: CTP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. CONTRIBUTIONS TO CTP ARE NOT TAX DEDUCTIBLE BY DONORS UNDER SECTION 170(C)(2) OF THE INTERNAL REVENUE CODE. CTP USES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. CTP DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 154000 EAST ASIA AND THE PACIFIC 0 6 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 14344678 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 2 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 22983770 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 176444 NORTH AMERICA (CANADA AND MEXICO) 0 2 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 4768268 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 5000 SOUTH AMERICA 0 1 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 296047 SOUTH ASIA 0 1 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 1133693 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES ADVERTISING, TRAVEL, TRADE 6750 0 13 0 0 0 13 43861900 6750 43868650 0 0 0 0 0 1 PART I, LINE 2: N/A - BRAND DOES NOT MAKE GRANTS OUTSIDE OF THE US PART I, LINE 3, COLUMN (F) AS PART OF ITS ADVERTISING AND RELATED ACTIVITIES TO PROMOTE INTERNATIONAL TRAVEL TO THE USA, THE ORGANIZATION CONDUCTS COOPERATIVE ADVERTISING AND MARKETING ACTIVITIES WITH PARTNER ORGANIZATIONS. RECORDS OF THESE ACTIVITIES ARE TRACKED BY THE ORGANIZATION'S ACCOUNTING AND PARTNERSHIP PROCESSES. THE ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR SUCH EXPENSES. X 1 1 X 1 0 0 CHRIS THOMPSON CEO & PRESIDENT 420833 0 120000 0 78000 0 10600 0 10440 0 639873 0 0 0 DONALD RICHARDSON CHIEF FINANCIAL OFFICER 312000 0 102000 0 0 0 10600 0 9014 0 433614 0 0 0 ANNE MADISON CHIEF COMMUNICATIONS OFFICER 300000 0 101500 0 0 0 10600 0 19131 0 431231 0 0 0 THOMAS J GARZILLI CHIEF MKTG OFFICER 252500 0 122583 0 0 0 10600 0 19347 0 405030 0 0 0 DAVID WHITAKER THRU 616 CHIEF MKTG OFFICER 209375 0 24192 0 0 0 7468 0 8434 0 249469 0 0 0 KARYN GOLDSTEIN SVP, PARTNER PROGRAMS 227500 0 106666 0 0 0 10600 0 9299 0 354065 0 0 0 STANLEY MATTOS VP, OPERATIONS 233250 0 46988 0 100 0 7866 0 9403 0 297607 0 0 0 CARROLL RHEEM VP, RESEARCH & ANALYTICS 187200 0 34993 0 50 0 5532 0 6503 0 234278 0 0 0 JOHN O CONTE DIRECTOR, IN-HOUSE COUNSEL 173702 0 23896 0 100 0 7614 0 2098 0 207410 0 0 0 MICHAEL J FULLERTON DIRECTOR, PUBLIC AFFAIRS 156000 0 24480 0 0 0 7219 0 2017 0 189716 0 0 0 MARY E CURTO THUR 1013 FORMER VP, OPERATIONS 0 0 0 0 250000 0 0 0 0 0 250000 0 0 0 PART I, LINE 1A THE CEO RECEIVED LIMITED HOUSING ALLOWANCE ACCORDING TO HIS EMPLOYMENT AGREEMENT, WHICH WAS REPORTED AS TAXABLE COMPENSATION ON THE W-2. PART I, LINE 4A MARY E CURTO RECEIVED SEVERANCE IN 2015. PART II COLUMN B (II): BONUSES FOR FY14 AND FY15 WERE BOTH PAID DURING THE 2015 CALENDAR YEAR FOR ALL EMPLOYEES EXCEPT THE CEO. FORM 990, PART VI, SECTION B, LINE 11 THE 990 INFORMATION IS COMPILED BY THE CORPORATION'S FINANCE DEPARTMENT WHICH WORKS CLOSELY WITH THE INDEPENDENT ACCOUNTING FIRM OF MOSS ADAMS LLP IN PREPARING THE RETURN. THE RETURN IS THEN PROVIDED TO MEMBERS OF THE BOARD OF DIRECTORS TO REVIEW PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION FOR TRAVEL PROMOTION HAS A WRITTEN CONFLICT OF INTEREST POLICY. MANAGEMENT MONITORS AND ENFORCES COMPLIANCE BY WAY OF REVIEW BY INTERNAL COUNSEL, THE COLLECTION OF ANNUAL CERTIFICATES AND THROUGH A CONFLICT OF INTEREST COMMITTEE WITH POWER DELEGATED TO IT BY THE BOARD OF DIRECTORS. THE CONFLICT OF INTEREST COMMITTEE IS COMPRISED OF DISINTERESTED DIRECTORS ENSURING THAT NO DIRECTOR WITH A POTENTIAL INTEREST IN THE TRANSACTION HAS A VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE CORPORATION'S BOARD OF DIRECTORS AUTHORIZED A SEARCH COMMITTEE AND DESIGNATED IT WITH AUTHORITY TO CONDUCT AN EXECUTIVE DIRECTOR (CEO) SEARCH. THE COMMITTEE WAS SELECTED TO RESEARCH AND RECOMMEND A SEARCH FIRM FOR THE COMMITTEE TO CONDUCT THE JOB SEARCH FOR THE EXECUTIVE DIRECTOR (CEO) POSITION. THE BOARD VOTED TO HIRE THE EXECUTIVE SEARCH FIRM, SPENCER STUART, TO CONDUCT THE CEO SEARCH. THE COMMITTEE WAS RESPONSIBLE FOR WORKING WITH THE SEARCH FIRM TO DEVELOP THE WRITTEN EMPLOYMENT CONTRACT, REVIEW THE COMPENSATION AND TO SCREEN THE LEADING CANDIDATES. THE BOARD, IN CONSULTATION WITH THE SEARCH FIRM, SET THE COMPENSATION BASED ON A COMBINATION OF THE FOLLOWING FACTORS: A) BENCHMARKS OF OTHER PUBLIC-PRIVATE PARTNERSHIPS, B) GREATER METRO WASHINGTON DC SALARY BANDS FOR CEO'S, AND C) OTHER NON-PROFIT ORGANIZATIONS OF SIMILAR SIZE AND SCOPE OF SERVICES. ALL MEMBERS OF THE COMMITTEE WERE INDEPENDENT WITH RESPECT TO THE CANDIDATES FOR THE POSITION AND THE EXECUTIVE DIRECTOR (CEO) ULTIMATELY SELECTED. WHILE WORKING WITH THE SEARCH FIRM, THE COMMITTEE CONTEMPORANEOUSLY DOCUMENTED DELIBERATIONS AND DISCUSSIONS. THE MEANS OF DETERMINING COMPENSATION AND DEVELOPING THE WRITTEN EMPLOYMENT CONTRACT WERE ALSO DOCUMENTED THROUGHOUT THE PROCESS. THE CEO'S CURRENT EMPLOYMENT CONTRACT WAS REVIEWED AND BENCHMARKED AGAINST THE EXISTING MARKET IN A COMPENSATION STUDY IN 2014. THE CONTRACT WAS NOT CHANGED AS A RESULT. THE BOARD OF DIRECTORS MEETS QUARTERLY TO REVIEW THE CEO'S PERFORMANCE AND APPROVES VARIABLE COMPENSATION, PER THE TERMS OF THE EMPLOYMENT AGREEMENT, ON AN ANNUAL BASIS. SUCH APPROVALS ARE RECORDED IN BOARD MINUTES. ALL CTP EMPLOYEES COMPENSATION IS DETERMINED BY A COMPENSATION STUDY. THE COMPENSATION REVIEW PROCESS WAS LAST DONE AUGUST 2014. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE ON TO THE PUBLIC ON THEIR WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.