2013-05-10T08:58:50-05:00 2012-06-30 621142155 PUGH & COMPANY PC 315 N CEDAR BLUFF RD SUITE 200 KNOXVILLE TN 37923 990 2011-07-01 201710722 THE KNOXVILLE TOURISM AND SPORTS CORPORATION KNOX 8653429103 301 S GAY STREET KNOXVILLE TN 379021102 KATHY WILLIAMS 8653429103 2013-05-09 1 RE FOUST P00745365 8657690660 2011 2016-02-24 21:20:13Z VISIT KNOXVILLE KIM BUMPAS 301 S GAY STREET KNOXVILLE TN 379021102 4270502 0 X WWW.VISITKNOXVILLE.ORG X 2004 TN TO AID AND SUPPORT GOVERNMENTS AND CITIZENS OF THE CITY OF KNOXVILLE AND KNOX COUNTY BY PROMOTING AND ADVERTISING COMMERCIAL, PROMOTIONAL, AGRICULTURAL, INDUSTRIAL, SCENIC, RECREATIONAL, HISTORICAL, EDUCATIONAL, AND OTHER ADVANTAGES, POINTS OF INTEREST, AND AREA ATTRACTIONS. 14 13 61 471 0 0 3370904 3632676 264775 312790 128 4416 280147 285655 3915954 4235537 0 0 0 0 2167224 1869980 0 0 0 1369566 1810232 3536790 3680212 379164 555325 3708464 4188089 226857 151102 3481607 4036987 X TO AID AND SUPPORT GOVERNMENTS AND CITIZENS OF THE CITY OF KNOXVILLE AND KNOX COUNTY BY PROMOTING AND ADVERTISING COMMERCIAL, PROMOTIONAL, AGRICULTURAL, INDUSTRIAL, SCENIC, RECREATIONAL, HISTORICAL, EDUCATIONAL, AND OTHER ADVANTAGES, POINTS OF INTEREST, AND AREA ATTRACTIONS. 0 0 1804430 335717 OTHER PROGRAM SERVICES ARE FOR OTHER SALARIES AND WAGES AND RELATED PAYROLL COSTS, OFFICE EXPENSE, INFORMATION TECHNOLOGY, ETC RELATED TO ORGANIZATION'S EXEMPT PURPOSE. 513094 75000 ADVERTISINGTHE ORGANIZATION ADVERTISED IN VARIOUS REGIONAL AND NATIONAL, LEISURE AND TRADE PUBLICATIONS SHOWCASING KNOXVILLE AS A PREMIER DESTINATION FOR MEETINGS, CONVENTIONS AND LEISURE TRAVEL. THE PRINT ADVERTISING REACHED AN AUDIENCE OF 15,118,298 ALONG WITH THE EDITORIAL EFFORTS THAT REACHED AN ADDITIONAL 52,449,108 READERS IN PRINT PUBLICATIONS. THESE ACTIVITIES PRODUCED 132,074 KNOXVILLE VISITOR GUIDE INQUIRIES VIA EMAIL, TELEPHONE, AND KNOXVILLE.ORG WEBSITE. 676956 192144 SALES/MARKETINGTHE ORGANIZATION HOSTED APPROXIMATELY 53 SITE VISITS REPRESENTING ORGANIZATIONS FROM ALL OVER THE COUNTRY. THREE (3) GROUP FAMILIARIZATION TOURS HOSTED A TOTAL OF 51 MEETING PLANNERS WHO EXPERIENCED ALL THAT KNOXVILLE HAS TO OFFER THEIR GROUPS. THE SALES STAFF ATTENDED 28 TRADE SHOWS/CITY BLITZES PROMOTING KNOXVILLE TO MEETING PLANNERS. OUR EFFORTS GENERATED 297 SALES LEADS REPRESENTING $217,698,524 IN ECONOMIC IMPACT TO THE AREA AND BOOKED 115 GROUPS INTO FUTURE YEARS CREATING AN ESTIMATED $87,314,702 IN ECONOMIC IMPACT.THE ORGANIZATION HOSTED MORE THAN 30 TRAVELER WRITERS TO KNOXVILLE, REPRESENTING INTERNATIONAL, NATIONAL, AND REGIONAL PUBLICATIONS. THESE WRITERS ATTEND A FAMILIARIZATION TOURS (FAM) OR VISITED KNOXVILLE ON AN INDIVIDUAL PRESS TRIP. WE HOSTED THREE FAMS INCLUDING THE LES MISERABLES/KNOXVILLE ONE-DAY MEDIA TOUR (JANUARY 2012); EAST TENNESSEE EXPLORATIONSA BANNER YEAR! KNOXVILLE FOUR-DAY MEDIA TOUR WITH THE STATE OF TENNESSEE TOURIST DEVELOPMENT OFFICE (MAY 2012); AND THE WHITE LIGHTNING TRAIL FIVE-DAY MEDIA TOUR (JUNE 2012). PUBLICATIONS REPRESENTED AT THESE FAMS INCLUDED TRAVEL PLANNERS RADIO, SOUTHERN HOSPITALITY TRAVELER MAGAZINE, DALLAS MORNING NEWS, CHICAGO TRIBUNE, THE TENNESSEAN, AAA HOME & AWAY, MIAMI HERALD, USATODAY.COM, AND MORE. 2994480 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 62 0 1 61 1 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 TN X KATHY WILLIAMS 8653429103 301 S GAY STREET KNOXVILLE TN 37902 BO CONNER 1.00 X 0 0 0 PEYTON HAIRSTON 1.00 X 0 0 0 MICHAEL KELLEY 1.00 X 0 0 0 LE ANNE STRIBLE 1.00 X 0 0 0 MARTHA AXFORD 1.00 X 0 0 0 KEN KNIGHT 1.00 X 0 0 0 BILL LYONS 1.00 X 0 0 0 TONY NORMAN 1.00 X 0 0 0 CHRIS PROTZMAN 1.00 X 0 0 0 SCOTT SCHIMMEL 1.00 X 0 0 0 JANET TESTERMAN 1.00 X 0 0 0 JILL THOMPSON 1.00 X 0 0 0 KEVIN THOMPSON 1.00 X 0 0 0 HELEN WILDER 1.00 X 0 0 0 KATHY WILLIAMS 40.00 X 91339 0 9775 KIM BUMPAS BEGINNING 021712 40.00 X 130243 0 10250 GLORIA RAY ENDED 021712 40.00 X 388920 0 22721 610502 0 42746 2 0 1 0 0 3628368 4308 4308 3632676 HOSTED EVENTS 900099 192144 192144 ADVERTISING CO-OPS 900099 75000 75000 CONCERT COMMISSIONS 900099 44546 44546 VISITORS GUIDE ADS 900099 1100 1100 312790 1243 1243 3173 0 3173 3173 3173 45860 34965 10895 10895 MANAGEMENT FEES 900099 264080 264080 MISCELLANEOUS 900099 10680 10680 274760 4235537 602861 0 0 653249 276068 377181 887596 887596 70811 70811 143859 143859 114465 97295 17170 118592 118592 76830 76830 5677 4825 852 396866 396866 101259 86070 15189 70666 60066 10600 96408 81947 14461 82943 70502 12441 180493 153419 27074 27365 23260 4105 SALES EXPENSE 300059 300059 EVENT EXPENSE 188628 188628 PUBLIC RELATIONS 89536 89536 DUES & SUBSCRIPTIONS 27891 27891 47019 35782 11237 3680212 2994480 685732 0 483030 1058720 300738 811808 472322 27653 19475 137019 139591 3613683 1419773 2238949 2193910 7333 3333 2672 3708464 4188089 102763 134237 124094 16865 226857 151102 X 3481607 4036987 3481607 4036987 3708464 4188089 X 555325 55 X X 0 1 1 X 0 X 3796961 3614842 3192540 3370904 3632874 17608121 3796961 3614842 3192540 3370904 3632874 17608121 17608121 49594 2726 721 222 4416 57679 74602 73327 72289 91331 552585 864134 18529934 45860 0.95030 0.97500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2382783 487085 1895698 1029880 786245 243635 201020 146443 54577 2193910 4235537 3680212 555325 55 55 555380 4257768 56 22175 22231 4235537 0 4235537 3702387 22175 22175 3680212 0 3680212 X X X X 0 0 0 1 0 1 0 0 0 GLORIA RAY ENDED 021712 203086 0 185834 0 0 0 0 0 22721 0 411641 0 0 0 PART I, LINE 5 FOR THE YEAR ENDED JUNE 30, 2012 THE PRESIDENT'S BONUS WAS BASED ON A FOUR FACTOR FORMULA. THESE FACTORS INCLUDED OPERATING SURPLUS, ECONOMIC IMPACT OF THE ORGANIZATION AND MEDIA COVERAGE OF KNOXVILLE. THE FORMULA ALSO CONTAINED A FACTOR BASED ON THE HOTEL/MOTEL TAX REVENUES COLLECTED BY THE CITY OF KNOXVILLE AND COUNTY OF KNOX. EFFECTIVE FEBRUARY 2012, THE NEW PRESIDENT'S COMPENSATION NO LONGER CONTAINS THIS PROVISION. INSTEAD, IT IS A SALARY ONLY, WITH NO PERFORMANCE BASED BONUSES. PART I, LINE 6 FOR THE YEAR ENDED JUNE 30, 2012 THE PRESIDENT'S BONUS WAS BASED ON A FOUR FACTOR FORMULA. THESE FACTORS INCLUDED OPERATING SURPLUS, ECONOMIC IMPACT OF THE ORGANIZATION AND MEDIA COVERAGE OF KNOXVILLE. THE FORMULA ALSO CONTAINED A FACTOR BASED ON THE HOTEL/MOTEL TAX REVENUES COLLECTED BY THE CITY OF KNOXVILLE AND COUNTY OF KNOX. EFFECTIVE FEBRUARY 2012, THE NEW PRESIDENT'S COMPENSATION NO LONGER CONTAINS THIS PROVISION. INSTEAD, IT IS A SALARY ONLY, WITH NO PERFORMANCE BASED BONUSES. KEN KNIGHT INDIVIDUAL IS A DIRECTOR AND GENERAL MANAGER OF CROWN PLAZA HOTEL 2525 FROM 7/1/11 THROUGH 6/30/12 VISIT KNOXVILLE PAID CROWNE PLAZA $2,525.20. IT WAS FOR ROOMS $1825.20 AND PARKING (TOKENS) $700.00. 0 BILL LYONS INDIVIDUAL IS CHIEF POLICY OFFICER, DEPUTY TO THE CITY OF KNOXVILLE MAYOR 1090719 DURING THE FISCAL YEAR ENDED JUNE 30, 2012, VISIT KNOXVILLE PAID $63,000 TO THE CITY OF KNOXVILLE FOR FINANCIAL ASSISTANCE RELATING TO THE KNOXVILLE AREA TRANSIT (KAT) TROLLEY SYSTEM. FOR THE YEAR ENDED JUNE 30, 2012, VISIT KNOXVILLE RECEIVED RECEIVED REVENUES FROM THE CITY OF KNOXVILLE TOTALING $1,090,719.38. THESE REVENUES WERE AS A RESULT OF SERVICES PROVIDED BY VISIT KNOXVILLE. 0 TONY NORMAN INDIVIDUAL IS KNOX COUNTY COMMISSIONER 2537648 DURING THE FISCAL YEAR ENDED JUNE 30, 2012, VISIT KNOXVILLE RECEIVED REVENUES FROM KNOX COUNTY TOTALING $2,537,648. THESE REVENUES WERE AS A RESULT OF SERVICES PROVIDED BY VISIT KNOXVILLE. 0 CHRIS PROTZMAN INDIVIDUAL IS A SENIOR VICE PRESIDENT OF JOURNAL BROADCASTING 19490 FOR THE BOOMSDAY EVENT HELD BY VISIT KNOXVILLE, THE ADVERTISING WAS PERFORMED BY JOURNAL BROADCASTING. THIS WAS A NECESSARY EXPENDITURE IN ORDER TO RAISE AWARENESS FOR THE EVENT. 0 FORM 990, PART VI, SECTION A, LINE 6 AT JUNE 30, 2012 SPORTS MANAGEMENT INC. HELD A NON-VOTING MEMBERSHIP INTEREST. THIS INTEREST WAS TERMINATED IN JULY 2012 (ALSO SEE SCHEDULE R). FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PRESENTED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE FINANCE COMMITTEE AND THEN THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND MEMBERS OF MANAGEMENT, INCLUDING VICE PRESIDENTS AND ABOVE, ARE REQUIRED TO COMPLETE AN ANNUAL WRITTEN FORM DISCLOSING ANY CONFLICTS OF INTEREST. ANY CONFLICTS DISCLOSED ARE REPORTED TO THE BOARD OF OPERATIONS COMMITTEE. ANY MATERIAL BUSINESS TRANSACTED WITH A BOARD MEMBER OR MEMBER'S RELATED COMPANY IS FIRST PUT OUT FOR BID AND THE BID RESULTS ARE REPORTED TO THE BOARD OPERATIONS COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS INCLUDED IN ITS BYLAWS AND AVAILABLE FOR PUBLIC INSPECTION AT OUR OFFICE. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE AT OUR OFFICE FOR PUBLIC INSPECTION. COPIES CAN BE PROVIDED UPON WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 55. THE PROCESS HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS FOR THE ACCOUNTANT SINCE PRIOR YEAR. HALL OF FAME MANAGEMENT INC (FORMERLY SPORTS MANAGEMENT INC) 301 S GAY STREET KNOXVILLE TN 37902 621465889 THE ORGANIZATION MANAGES THE WOMEN'S BASKETBALL HALL OF FAME TN 501 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 SPORTS MANAGEMENT INC L 2050 SPORTS MANAGEMENT INC N 296080 SPORTS MANAGEMENT INC M 500 SPORTS MANAGEMENT INC P 264080