Nonprofit · EIN 62-1025301
MEMPHIS CONVENTION AND VISITORS BUREAU
Tax-exempt · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,630,308 | $23,688,113 | -$13,057,805 | $42,712,994 | $7,899,258 | $34,813,736 |
| June 30, 2024 | 990 | $23,808,821 | $20,812,497 | $2,996,324 | $50,739,816 | $3,010,588 | $47,729,228 |
| June 30, 2023 | 990 | $19,186,089 | $17,040,937 | $2,145,152 | $48,257,129 | $3,603,535 | $44,653,594 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,964,180
- of which government grants
- $8,789,114
- Membership dues
- $175,066
- Program service revenue
- $0
- Investment income
- $1,222,788
- Net rental income
- $149,565
- Net income from sales of inventory
- $7,119
- Other revenue
- $443,340
Expenses
- Grants and similar amounts paid
- $5,188,992
- Compensation of officers, directors and key employees
- $1,580,844
- Other salaries and wages
- $2,694,753
- Salaries, compensation and benefits (total)
- $5,058,177
- Professional fundraising fees
- $0
- Accounting fees
- $33,794
- Occupancy
- $158,444
- Depreciation
- $328,739
- Program services (functional)
- $20,676,260
- Management and general (functional)
- $3,011,853
Balance sheet and other
- Total assets, start of year
- $50,739,816
- Total assets, end of year
- $42,712,994
- Total liabilities, end of year
- $7,899,258
- Net assets, end of year
- $34,813,736
- Land, buildings and equipment
- $5,713,298
- Publicly traded securities
- $8,516,236
- Net assets without donor restrictions
- $34,813,736
- Gross unrelated business income
- $286,656
- Gross receipts
- $10,638,178
- Employees
- 43
- Volunteers
- 21
- Year formed
- 1978
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN G KANE | PRESIDENT/CEO Officer | 40 | $619,342 | $58,965 |
| LINDA SAWYER | CAO/CFO Officer | 40 | $272,042 | $37,931 |
| MALVIN GIPSON | EVP SALES, SPORTS & SERVIC Key employee | 40 | $266,175 | $41,741 |
| REGENA BEARDEN | CMO Key employee | 40 | $248,167 | $36,481 |
| KEVIN KERN | VP - PUBLIC RELATIONS Highest-paid employee | 40 | $196,860 | $26,464 |
| KERMIT MADISON | SR. NATIONAL SALES DIRECTO Highest-paid employee | 40 | $161,320 | $23,604 |
| PATRICK AVERSA | NATIONAL SALES DIRECTOR Highest-paid employee | 40 | $131,437 | $44,562 |
| BRANDON BENSON | NATIONAL SALES DIRECTOR Highest-paid employee | 40 | $128,252 | $20,794 |
| LISA CATRON | GLOBAL TRADE & TRAVEL DIRECTOR Highest-paid employee | 40 | $127,050 | $14,817 |
| DOUG BROWNE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| HAROLD GRAETER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CRAIG UNGER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TERRY BLUE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| VEGA AJAMU | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ARTURO AZCARATE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY BREWER | BOARD MEMBER Trustee or director | 1 | $0 |
| SHAWN CLAYTON | BOARD MEMBER Trustee or director | 1 | $0 |
| ROSE FLENORL | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM GOODWIN | BOARD MEMBER Trustee or director | 1 | $0 |
| ZOE KAHR | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM LOSAPIO | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID MAY | BOARD MEMBER Trustee or director | 1 | $0 |
| MIKE MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| BOO MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 |
| JONATHAN MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 |
| PAT MITCHELL-WORLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN PUGLIESE | BOARD MEMBER Trustee or director | 1 | $0 |
| TED TOWNSEND | BOARD MEMBER Trustee or director | 1 | $0 |
| YANCY VILLA | BOARD MEMBER Trustee or director | 1 | $0 |
| STACY WRIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN G KANE | PRESIDENT/CEO Officer | 40 | $592,536 | $55,791 |
| MALVIN GIPSON | EVP SALES, SPORTS & SERVIC Officer | 40 | $258,411 | $44,094 |
| LINDA SAWYER | CAO/CFO Officer | 40 | $264,193 | $34,917 |
| REGENA BEARDEN | CMO Officer | 40 | $239,493 | $31,084 |
| JARVIS GREER JR | NATIONAL SALES DIRECTOR Highest-paid employee | 40 | $138,734 | $42,857 |
| KERMIT MADISON | SR. NATIONAL SALES DIRECTO Highest-paid employee | 40 | $154,450 | $20,606 |
| PATRICK AVERSA | NATIONAL SALES DIRECTOR Highest-paid employee | 40 | $122,255 | $44,123 |
| KEVIN KERN | VP - PUBLIC RELATIONS Highest-paid employee | 40 | $135,657 | $22,163 |
| MILTON HOWERY III | VP - MARKETING Highest-paid employee | 40 | $119,800 | $15,054 |
| SALLY PACE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DOUG BROWNE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HAROLD GRAETER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT BROCKMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CINDY ADDISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TERRY BLUE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN BREWER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN BUTLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROSE FLENORL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DWIGHT JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZOE KHAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM LOSAPIO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BOO MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAT MITCHELL-WORLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FAITH MORRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SANDY ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOEL SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WELBY STAMPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TED TOWNSEND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG UNGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YANCY VILLA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN G KANE | PRESIDENT/CEO Officer | 40 | $564,579 | $58,036 |
| LINDA SAWYER | CAO/CFO Officer | 40 | $253,705 | $36,879 |
| MALVIN GIPSON | EVP SALES, SPORTS & SERVIC Officer | 40 | $246,559 | $43,141 |
| REGENA BEARDEN | CMO Officer | 40 | $230,070 | $30,026 |
| PATRICK AVERSA | NATIONAL SALES DIRECTOR Highest-paid employee | 40 | $116,840 | $36,994 |
| KEVIN KERN | VP - PUBLIC RELATIONS Highest-paid employee | 40 | $130,364 | $21,451 |
| EVA GOODSON | NATIONAL SALES DIRECTOR Highest-paid employee | 40 | $109,020 | $32,124 |
| MARY SCHMITZ | EXECUTIVE DIRECTOR - MTEF Highest-paid employee | 40 | $108,729 | $24,125 |
| KERMIT MADISON | SR. NATIONAL SALES DIRECTO Highest-paid employee | 40 | $109,900 | $18,824 |
| SALLY PACE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DOUG BROWNE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| HAROLD GRAETER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT BROCKMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CINDY ADDISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TERRY BLUE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN BREWER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN BUTLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FORD CANALE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROSE FLENORL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALLISON FOUCHE' | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DWIGHT JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICKELL LOWERY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GRETCHEN WOLLERT MCLENNON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BOO MITCHELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAT MITCHELL-WORLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FAITH MORRIS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SANDY ROBERTSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOEL SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WELBY STAMPS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHAEL TODD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TED TOWNSEND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRAIG UNGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 47 UNION AVE, MEMPHIS, TN 38103-2427
- Principal officer (990 for 2024)
- KEVIN KANE, 47 UNION AVENUE, MEMPHIS, TN 38103
- Signed the 990
- KEVIN KANE, PRESIDENT/CEO
- Phone
- (901) 543-5300
- Website
- WWW.MEMPHISTRAVEL.COM
- Return prepared by
- REYNOLDS BONE & GRIESBECK PLC
Mission
THE OFFICIAL DESTINATION MARKETING ORGANIZATION DEDICATED TO ACTIVELY GROWING THE MEMPHIS AND SHELBY COUNTY ECONOMY BY ATTRACTING VISITORS, CONVENTIONS AND EVENTS.
Program accomplishments
- CONVENTION SALES & SERVICES - PROMOTE MEMPHIS TO VARIOUS SEGMENTS OF MEETING AND CONVENTION MARKETS, AMATEUR SPORTS MARKETS AND TOUR AND TRAVEL MARKETS TO ATTRACT GROUPS, MEETINGS AND EVENTS TO THE CITY.Expenses $4,590,050
- DESTINATION MARKETING & MEMBER SERVICES - PROMOTE MEMPHIS AS A TOURIST DESTINATION BY GENERATING MEDIA COVERAGE, ADVERTISING MEMPHIS WORLDWIDE AND PRODUCING MAP AND TOURIST GUIDES.Expenses $8,329,148 · revenue $7,119
- VISITOR INFORMATION CENTERS - PROVIDE HOSPITABLE FACILITIES WITH STAFF THAT OFFERS FRIENDLY SERVICE AND ACCURATE INFORMATION WHICH ENCOURAGES VISITORS TO CONSIDER MEMPHIS A DESIRABLE TRAVEL DESTINATION AND INCREASE THE LENGTH OF STAY IN MEMPHIS AND SHELBY COUNTY.Expenses $309,071
- COMMUNITY DEVELOPMENT; SPORTS DEVELOPMENT; GOVERNMENT RELATIONS; TRAININGExpenses $7,447,991 · grants $5,188,992
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1025301
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1978
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $42,712,994
- Income (IRS master file)
- $10,638,178
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,630,308 | $23,688,113 | $42,712,994 | XML |
| 990 | June 2024 | $23,808,821 | $20,812,497 | $50,739,816 | IRS |
| 990 | June 2023 | $19,186,089 | $17,040,937 | $48,257,129 | XML |
| 990 | June 2022 | $18,472,607 | $14,540,287 | $46,926,710 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1025301).
Questions about MEMPHIS CONVENTION AND VISITORS BUREAU
- What is the EIN of MEMPHIS CONVENTION AND VISITORS BUREAU?
- The employer identification number (EIN) of MEMPHIS CONVENTION AND VISITORS BUREAU is 62-1025301.
- Is MEMPHIS CONVENTION AND VISITORS BUREAU tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
- Are donations to MEMPHIS CONVENTION AND VISITORS BUREAU tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MEMPHIS CONVENTION AND VISITORS BUREAU file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MEMPHIS CONVENTION AND VISITORS BUREAU due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMPHIS CONVENTION AND VISITORS BUREAU last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MEMPHIS CONVENTION AND VISITORS BUREAU?
- The 990 for the year ended June 30, 2025 names KEVIN KANE.
- Who are the officers and directors of MEMPHIS CONVENTION AND VISITORS BUREAU?
- The 990 for the year ended June 30, 2025 lists 30 people; 9 received compensation from the organization, the highest $619,342 (KEVIN G KANE, PRESIDENT/CEO).
- How much revenue does MEMPHIS CONVENTION AND VISITORS BUREAU have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,630,308, expenses of $23,688,113 and total assets of $42,712,994 at year end.
Other nonprofits in MEMPHIS
- AMERICAN LEBANESE SYRIAN ASSOC CHAR INC EIN 35-1044585 · last filed 990 for 2025
- ST JUDE CHILDRENS RESEARCH HOSPITAL INC EIN 62-0646012 · last filed 990 for 2025
- METHODIST HEALTHCARE-MEMPHIS EIN 62-0479367 · last filed 990 for 2024
- BAPTIST MEMORIAL HOSPITAL EIN 62-0123940 · last filed 990 for 2025
- SHELBY COUNTY HEALTH CARE CORPORATION EIN 62-1113169 · last filed 990 for 2025
- METHODIST LEBONHEUR HEALTHCARE EIN 58-1454711 · last filed 990 for 2024
- BAPTIST MEMORIAL HEALTH CARE CORPORATION EIN 58-1521475 · last filed 990 for 2025
- DUCKS UNLIMITED INC EIN 13-5643799 · last filed 990 for 2025