2024-11-12T17:06:56-05:00 2023-12-31 851280647 DAKOTA CPA 5617 S SOUTHEASTERN AVE SIOUX FALLS SD 57108 990 2023-01-01 873484216 EXPERIENCE SIOUX FALLS EXPE 6052756060 200 N PHILLIPS AVE STE 102 SIOUX FALLS SD 57104 TERI SCHMIDT CEO 6052756060 2024-11-11 true true MICHAEL L SCHELLING CPA P01406761 6057056350 2024-11-11 2023 2024-10-15 13:58:12Z EXTENSION GRANTED TO 111524 TERI SCHMIDT 200 N PHILLIPS AVE STE 102 SIOUX FALLS SD 57104 4301370 false X EXPERIENCESIOUXFALLS.COM X 2020 SD EXPERIENCE SIOUX FALLS WORKS WITH STRATEGIC PARTNERS TO MARKET SIOUX FALLS, SOUTH DAKOTA, DEVELOP TOURISM, AND STRENGTHEN EVENTS PROVIDING POSITIVE ECONOMIC IMPACT TO THE SIOUX FALLS COMMUNITY. 8 8 41 78 61592 986 223000 5105351 3453804 10818 64336 -4308 31861 5111861 3773001 0 0 431435 1210426 0 0 572399 2215742 1003834 3426168 4108027 346833 4763755 5312496 669424 648967 4094331 4663529 X EXPERIENCE SIOUX FALLS WORKS WITH STRATEGIC PARTNERS TO MARKET SIOUX FALLS, SOUTH DAKOTA, DEVELOP TOURISM, AND STRENGTHEN EVENTS PROVIDING POSITIVE ECONOMIC IMPACT TO THE SIOUX FALLS COMMUNITY. false false EXPERIENCE SIOUX FALLS, FORMERLY THE SIOUX FALLS CONVENTION AND VISITORS BUREAU, IS FUNDED BY TWO SOURCES. WHEN THE ORGANIZATION WAS CREATED IN THE EARLY 70'S, THE CITY AGREED TO FUND THE GROUP THROUGH A 1% ROOM TAX PLUS 500,000 FROM THE GENERAL FUND. THIS ROOM RAX WAS COLLECTED FROM ALL SIOUX FALLS HOTELS AND DIRECTED TO THE ORGANIZATION. IN 2011, A BID (BUSINESS IMPROVEMENT DISTRICT) WAS FORMED BY SIOUX FALLS HOTELS, IN COOPERATION WITH THE CITY OF SIOUX FALLS, TO FURTHER FUND EXPERIENCE SIOUX FALLS FOR THE PURPOSE OF REMAINING COMPETITIVE IN SALES AND MARKETING. THE BID BECAME EFFECTIVE ON JANUARY 1, 2011, VIA CITY ORDINANCE AND IS COLLECTED FROM ALL HOTELS WITH 40+ ROOMS IN THE CITY LIMITS OF SIOUX FALLS. IT WAS AT THIS TIME THAT THE 500,000 WAS NO LONGER PROVIDED TO EXPERIENCE SIOUX FALLS. EXPERIENCE SIOUX FALLS (ESF) - FORMERLY KNOWN AS CONVENTION & VISITORS BUREAU (CVB), EXISTS TO BRING VISITORS TO SIOUX FALLS TO CREATE ECONOMIC IMPACT THROUGHOUT THE CITY, I.E.: HOTEL ROOM TAX, SALES TAX, AND JOBS. IN 2023, ESF BOOKED 101 CONVENTIONS, MEETINGS, AND EVENTS INVOLVING 63,635 PEOPLE. ESF DISTRIBUTED 93,100 VISITOR GUIDES VIA MAIL, DIRECT MAIL, READER RESPONSE, DOWNLOADS, AND VIEW, AND TO CONVENTIONS, MEETINGS, AND EVENT ATTENDEES IN SIOUX FALLS. IN 2023, THE TOTAL NUMBER OF VISITORS TO SIOUX FALLS ESTIMATED BY ESF IS 825,453. ESF SERVICED 98 CONVENTIONS, MEETINGS AND EVENTS INVOLVING 90,251 PEOPLE. ESF PRINTS PUBLICATIONS SUCH AS SIOUX FALLS VISITOR GUIDE (150,000). ESF TRAVELS NATIONWIDE MAKING SALES CALLS AND BID PRESENTATIONS TO BRING NEW BUSINESS TO THE CITY. DIGITAL AND PRINT SALES AND MARKETING PROGRAMS ARE COMPLETED TO ADVERTISE THE CITY THROUGHOUT THE COUNTRY. THE VISITOR INFORMATION CENTER AT FALLS PARK IS ALSO MANAGED BY ESF. false true false false false false false false false true false false true true false false false false false false false false false true false false false false true false false false false false false false false false false false false false false false 1 0 41 true true true false false false false false false false X 8 8 false false false false false true false true true false false true false false false true false false X TERI SCHMIDT 6052756060 200 N PHILLIPS AVE STE 102 SIOUX FALLS SD 57104 JANET GRUNEWALDT CHAIRPERSON 1.00 X X 0 0 0 FRANK GURNICK VICE CHAIRPE 1.00 X X 0 0 0 AMY SMOLIK SECRETARY/TR 1.00 X X 0 0 0 AUDREY OTTO-PEPPER DIRECTOR 1.00 X 0 0 0 CHRISTINE BRUNING DIRECTOR 1.00 X 0 0 0 SHAILESH PATEL DIRECTOR 1.00 X 0 0 0 RICCARDO TARABELSI DIRECTOR 1.00 X 0 0 0 PAUL HEGG DIRECTOR 1.00 X 0 0 0 TERI SCHMIDT CEO 40.00 X 170864 0 17131 170864 17131 1 false true false 217 N NESMITH AVE SIOUX FALLS SD 57103 MARKETING 178853 1 223000 223000 BID REVENUE 721000 2069078 2069078 ROOM TAX REVENUE 721000 1362369 1362369 OTHER PROGRAM REVENUE 721000 11055 11055 LUNCHEON INCOME 721000 5592 5592 WELCOME BOOTHS 721000 5500 5500 210 210 3453804 58814 58814 208718 203196 5522 5522 5522 61150 90881 -29731 295884 234292 61592 61592 3773001 3459326 61592 58814 170864 763694 50833 149727 75308 39833 3222 1343455 176589 162322 172778 126400 54965 76224 8987 FORM 990-T UBIT -2170 DUES & SUBSCRIPTIONS 38646 USE TAX EXPENSE 7993 BANK FEES 4302 2196 3426168 0 0 0 1828563 2116397 482019 455114 112380 113900 111284 177357 687002 560002 137505 127000 1613046 1886235 478958 436493 4763755 5312496 188384 215113 481040 433854 669424 648967 X 4094331 4663529 4094331 4663529 4763755 5312496 346833 199058 23307 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124717 99736 24981 374191 274988 99203 188094 185278 2816 127000 OPERATING LEASE RIGHT OF USE ASSET 428170 PREPAID INSURANCE 5445 DEFERRED TAX ASSET-UBIT 2170 PREPAID EXPENSES 708 436493 OPERATING LEASE LIABILITIES 433854 433854 ANNUAL LUNCHEON 61150 61150 11896 11896 67089 61150 61150 11896 11896 67089 90881 -29731 X false false false TERI SCHMIDT CEO 170864 9769 7362 187995 FORM 990, PAGE 2, PART III, LINE 4A EXPERIENCE SIOUX FALLS, FORMERLY THE SIOUX FALLS CONVENTION AND VISITORS BUREAU, IS FUNDED BY TWO SOURCES. WHEN THE ORGANIZATION WAS CREATED IN THE EARLY 70'S, THE CITY AGREED TO FUND THE GROUP THROUGH A 1% ROOM TAX PLUS 500,000 FROM THE GENERAL FUND. THIS ROOM RAX WAS COLLECTED FROM ALL SIOUX FALLS HOTELS AND DIRECTED TO THE ORGANIZATION. IN 2011, A BID (BUSINESS IMPROVEMENT DISTRICT) WAS FORMED BY SIOUX FALLS HOTELS, IN COOPERATION WITH THE CITY OF SIOUX FALLS, TO FURTHER FUND EXPERIENCE SIOUX FALLS FOR THE PURPOSE OF REMAINING COMPETITIVE IN SALES AND MARKETING. THE BID BECAME EFFECTIVE ON JANUARY 1, 2011, VIA CITY ORDINANCE AND IS COLLECTED FROM ALL HOTELS WITH 40+ ROOMS IN THE CITY LIMITS OF SIOUX FALLS. IT WAS AT THIS TIME THAT THE 500,000 WAS NO LONGER PROVIDED TO EXPERIENCE SIOUX FALLS. EXPERIENCE SIOUX FALLS (ESF) - FORMERLY KNOWN AS CONVENTION & VISITORS BUREAU (CVB), EXISTS TO BRING VISITORS TO SIOUX FALLS TO CREATE ECONOMIC IMPACT THROUGHOUT THE CITY, I.E.: HOTEL ROOM TAX, SALES TAX, AND JOBS. IN 2023, ESF BOOKED 101 CONVENTIONS, MEETINGS, AND EVENTS INVOLVING 63,635 PEOPLE. ESF DISTRIBUTED 93,100 VISITOR GUIDES VIA MAIL, DIRECT MAIL, READER RESPONSE, DOWNLOADS, AND VIEW, AND TO CONVENTIONS, MEETINGS, AND EVENT ATTENDEES IN SIOUX FALLS. IN 2023, THE TOTAL NUMBER OF VISITORS TO SIOUX FALLS ESTIMATED BY ESF IS 825,453. ESF SERVICED 98 CONVENTIONS, MEETINGS AND EVENTS INVOLVING 90,251 PEOPLE. ESF PRINTS PUBLICATIONS SUCH AS SIOUX FALLS VISITOR GUIDE (150,000). ESF TRAVELS NATIONWIDE MAKING SALES CALLS AND BID PRESENTATIONS TO BRING NEW BUSINESS TO THE CITY. DIGITAL AND PRINT SALES AND MARKETING PROGRAMS ARE COMPLETED TO ADVERTISE THE CITY THROUGHOUT THE COUNTRY. THE VISITOR INFORMATION CENTER AT FALLS PARK IS ALSO MANAGED BY ESF. FORM 990, PAGE 6, PART VI, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRPERSON, VICE-CHAIRPERSON, IMMEDIATE PAST CHAIRPERSON AND SECRETARY/TREASURER. THE CEO SHALL BE AN EX-OFFICIO MEMBER OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS OF THE BOARD OF DIRECTORS IN THE INTERIM BETWEEN REGULAR MEETINGS OF THE BOARD OF DIRECTORS AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A A NOMINATING COMMITTEE SHALL BE APPOINTED BY THE BOARD OF DIRECTORS AND CONSIST OF FIVE (5) INDIVIDUALS. THE VICE-CHAIRPERSON WILL SERVE AS CHAIR OF THE NOMINATING COMMITTEE. THE IMMEDIATE PAST-CHAIRPERSON SHALL SERVE ON THE NOMINATING COMMITTEE. THE CHAIRPERSON SHALL APPOINT THE REMAINING MEMBERS OF THE NOMINATING COMMITTEE. THE CEO SHALL SERVE AS AN EX-OFFICIO MEMBER OF THE NOMINATING COMMITTEE. THE NOMINATING COMMITTEE SHALL, ANNUALLY, RECOMMEND A SLATE OF NOMINEES TO THE BOARD OF DIRECTORS. THE FINAL APPROVAL AND ELECTION OF THE NEW DIRECTORS SHALL BE MADE BY THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. ANY VACANCY OCCURRING IN THE BOARD OF DIRECTORS MAY BE FILLED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE REMAINING DIRECTORS. A DIRECTOR ELECTED TO FILL A VACANCY SHALL BE ELECTED FOR THE UNEXPIRED TERM OF HIS OR HER PREDECESSOR IN OFFICE. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE RETURN IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS. THE PREPARER IS AVAILABLE FOR QUESTIONS OR COMMENTS. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS ANNUALLY APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC