NonprofitsDallas Tourism Public Improvement District Corporation

Community Improvement & Capacity Building

Dallas Tourism Public Improvement District Corporation

DALLAS, TX

Total revenue

$25.9M

Total expenses

$25.7M

Net assets

$35.9M

Grants received

$24.1M

1 grants

EIN

611689405

Tax year

2023

Mission

The dallas tourism public improvement district is a public improvement district dedicated to improving convention and group hotel bookings and hotel room night consumption in the city of dallas, texas.

Programs

2 programs

The dtpid funds marketing activities that keep dallas top of mind as a destination for both business and leisure travel. The dtpid's marketing funds - which constitute approximately 35% of dtpid annual spending and most of visit dallas' marketing budget - allow for the purchase of print, streaming video, radio, out-of-home and digital ad placements in priority markets targeted at consumers and meeting professionals. Funds also allow for contracted marketing services, campaign production and focus group research to test campaigns. With support from dtpid, the total paid media investment for fy24 was $5,119,652 with 75% of the budget invested in the leisure market and 25% invested in trade and produced more than 366 million impressions. Most notably, campaign performance exceeded the fy24 marketing room night goal by 3%, contributing a total of 382,779 room nights and $191.3 million in visitor spending. This success translated into a substantial economic impact of $297,357,566, representing a return of $148 for every dollar spent on advertising. New for fy24, dtpid also provided a one-time contribution of $200,000 to support the local destination brand launch in spring, representing a return of $125 for every dollar spent on advertising.

In fy24, the dtpid provided funding to support 301 site visits and fams, keeping dallas a top player in worldwide destinations. Key decision-makers in corporate events, trade shows, sports, tourism as well as members of the media and other influencers are invited to take part in site visits and familiarization tours (fams). These structured experiences include stops at many different landmarks, hotels and restaurants, showcasing the depth and breadth of activities available for any group on its visit to dallas. Ten percent of dtpid's spending is dedicated to paying nonstaff travel and tour expenses to bring these decision-makers to dallas to highlight everything that makes dallas the star of the lone star state.the dtpid board approved $20,000 in incentives in fy24 for the tour operator incentive program, which supports leisure tour operators who contract a minimum of 15 hotel room nights at dtpid hotels for group leisure, educational or incentive travel only. Tour operators were eligible for a 10% incentive of the total room revenue actualized. The program was funded through dtpid's incentives & sales, and funding is subject to board approval.a portion of dtpid's funds is approved annually to support local arts and cultural events marketing. Since dtpid's inception in 2012, its event marketing fund has contributed more than $12.5 million to over 242 local arts and culture organizations, which have produced 763 events supported by this funding. In fy24, the dtpid event marketing incentive significantly impacted our cultural institutions by injecting $1.5 million to benefit 86 organizations, generating 266,763 reported hotel room nights.

Financials

FY 2023

Revenue

Contributions & grants$3.1M
Program service revenue$21.3M
Investment income$1.5M
Other revenue
Total revenue$25.9M

Expenses

Grants paid
Salaries & benefits$68K
Fundraising
Other expenses$25.6M
Total expenses$25.7M
Total assets$37.9M
Net assets$35.9M

People

11 listed

NameRoleCompensation

FRED EULER

EXEC DIRECTOR

Board

$60K

8 hrs/wk

BRUCE ROY

DIRECTOR

Board

1 hrs/wk

CHRIS A PILAVAKIS

DIRECTOR

Board

1 hrs/wk

DAVID SHER

DIRECTOR

Board

1 hrs/wk

ROBBIE TAWIL

DIRECTOR

Board

1 hrs/wk

CAROLYN DENT

DIRECTOR

Board

1 hrs/wk

MIKE PATEL

DIRECTOR

Board

1 hrs/wk

GREG WHITE

CHAIRMAN

Board

5 hrs/wk

MARK WOELFFER

VICE CHAIR AND TREASURER

Board

2 hrs/wk

SEAN KENNERTY

SECRETARY

Board

2 hrs/wk

NOEHA COUTRY

DIRECTOR

Board

1 hrs/wk

Independent contractors

GREENHAUS INC

MARKETING

$4.6M

SLINGSHOT LLC

MARKETING

$1.8M

HOTEL ASSOCIATION OF NORTH TEXAS

NETWORKING AND ADVOCACY

$325K

TEXAS HOTEL AND LODGING ASSOCIATION

PROMOTION AND ADVOCACY

$284K

FREEMAN

MARKETING

$238K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$24.1M
GENERAL SUPPORT
2019

Funded by

$24.1M from 1 funder · 1 grant · 2019

Dallas Convention & Visitors Bureau

$24.1M · 1 grant · 2019

Details

EIN611689405
NTEE codeS40
Subsection06
Ruling date2014-08
Formed2012
Employees1
Volunteers14
DALLAS TOURISM PUBLIC IMPROVEMENT DISTRICT CORPORATION — Mission, Financials & Grants Received | Grantivo