NonprofitsPhiladelphia Convention & Visitors Bureau Of The Chamber Of Commerce

Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce

PHILADELPHIA, PA

Total revenue

$23.4M

Total expenses

$21.2M

Net assets

$18.0M

Grants received

$3.1M

5 grants

EIN

230969325

Tax year

2023

Mission

The philadelphia convention & visitors bureau (phlcvb) is the official tourism promotion agency for the city of philadelphia globally, and the long-term sales and marketing agency for the pennsylvania convention center. We market philadelphia as a top u.s. Destination for meetings, conventions, sporting events and overseas tourism. In fiscal year 2024, the phlcvb achieved significant milestones, highlighted by launching its first joint marketing campaign with visit philadelphia, "come for philadelphia. Stay for philly." the phlcvb hosted 264 events in total, including 20 citywide events (those with over 2,000 room nights on peak) that boosted the local economy. The phlcvb also secured major events for the future, such as the pcma convening leaders in 2026 and the bio international convention in 2027. Global partnerships, including a collaboration with michelin, elevated philadelphia's international profile, while infrastructure upgrades by the pennsylvania convention center authority (

Programs

3 programs

Marketing & communications the marketing and communications team crafts content and campaigns that promote philadelphia, the phlcvb, and the pennsylvania convention center through a variety of programs targeting meeting and event planners, influencers, convention attendees, media, domestic group tour operators, international leisure travelers, and travel trade professionals. These activities all help to support the efforts of the convention sales and global tourism programs in driving overnight visitation to philadelphia through creative messaging and storytelling. Key highlights include: phlcvb marketing & communications campaigns: -in january 2023, the phlcvb and visit philadelphia launched their first- ever joint destination marketing campaign - "come for philadelphia. Stay for philly." this fun, lighthearted campaign put the city's confidence and attitude at the forefront as it aimed to drive visitation to the region across all travel segments - leisure, business, and group. -the phlcvb's social media channels increased fans and followers by 68,378. Total followers across all owned accounts totaled 443,155 over 13 accounts in 4 countries. -in 2024, the phlcvb website had nearly 573,000 total unique visits and 984,000 page views. -more than 50 media fam guests were hosted, including the today show australia, broadcasting from the "rocky steps" of the philadelphia museum of art. -in spring of 2024, michelin published its very first philadelphia destination guide, highlighting the city's top leisure travel experiences. At the time, philadelphia was the eighth u.s. Destination to be featured in a michelin green guide.

Expenses: $4.6M

Global tourism: -markets of focus for global tourism initiatives include representation firms around the globe in china, india, australia, mexico, canada, france, italy (also covers spain), germany (also covers austria and switzerland), and the u.k. (also covers ireland). -in 2024, philadelphia's international visitation outpaced the national average for overnight visitors with more than 1.1 million visitors choosing to travel to the city from international destinations, resulting in 579.3 million in spending. These visitors contributed an economic impact of 955.9 million and directly supported 8,128 hospitality jobs. -global tourism activity highlights include the team attending 44 sales events and hosting 124 travel trade partners on 27 fam tours of philadelphia.

Expenses: $2.1M

Partnership (membership): the phlcvb partnership program provides regional businesses a platform for marketing their locations and services, and a valuable connection point with meeting professionals, local, regional, national and international visitors, business travelers and convention attendees. The program provides partners with research about the travel industry, trend analytics, current and future event bookings details, access to exclusive networking events, and more. -the phlcvb had 684 total partners, with 89 new partners joining over the year and a retention rate of 93%. Group tour sales:

Expenses: $1.1M

Financials

FY 2023

Revenue

Contributions & grants$13.7M
Program service revenue$8.9M
Investment income$775K
Other revenue$55K
Total revenue$23.4M

Expenses

Grants paid
Salaries & benefits$9.1M
Fundraising
Other expenses$12.1M
Total expenses$21.2M
Total assets$25.5M
Net assets$18.0M

People

8 listed

NameRoleCompensation

GREGG CAREN

PRES. & CEO

Board

$486K

50 hrs/wk

ARTHUR M AYRES

SR VP OF FIN

Board

$196K

50 hrs/wk

SEE ATTACHED FOR THE BOD LIST

BOD

Board

MARIA GRASSO

SR VP CONV D

Staff

$300K

50 hrs/wk

LARRY NEEDLE

EXEC DIR PH

Staff

$231K

50 hrs/wk

JOSEPH HELLER

VP MARCOM

Staff

$214K

50 hrs/wk

NIK PEREIRA

VP CONVENTIO

Staff

$209K

50 hrs/wk

BONNIE GRANT

EX DIR PHL L

Staff

$191K

50 hrs/wk

Independent contractors

PA 1601 MARKET STREET LP

RENT

$481K

SIMPLEVIEW LLC

MARKETING

$468K

CONEX EXHIBITION SERVICES

EXHIBIT SERVICE

$327K

EAGLES STADIUM OPERATOR LLC

TOURISM ENT.

$250K

ROBIN MERGER CORPORATION INC

GLOBAL MARKETIN

$235K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$871K
SUPPORT CITY-WIDE CONVENTION AND EVENTS
2024
$392K
SUPPORT CITY-WIDE CONVENTIONS AND EVENTS
2023
$1.3M
SUPPORT CITY-WIDE CONVENTIONS AND EVENTS
2022
$500K
SUPPORT CITY-WIDE CONVENTIONS AND EVENTS IN PHILADELPHIA
2020
$10K
GENERAL SUPPORT
2018

Funded by

$3.1M from 2 funders · 5 grants · 2018–2024

Philadelphia Hospitality Investment Levy

$3.1M · 4 grants · 2020–2024

Comcast Spectacor Charities

$10K · 1 grant · 2018

Details

EIN230969325
Subsection06
Ruling date1944-12
Formed1942
Employees62
PHILADELPHIA CONVENTION & VISITORS BUREAU OF THE CHAMBER OF COMMERCE — Mission, Financials & Grants Received | Grantivo