STRATEGY STUDIO / PUBLIC DATA EXPLORER

FLORIDA TOURISM INDUSTRY MARKETING CORPORATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
FLORIDA TOURISM INDUSTRY MARKETING CORPORATION INC (EIN 59-3359293)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-30
IRS object ID
202431219349302063
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-30T14:05:48-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593186310PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1THOMAS HOWELL FERGUSON PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12615 CENTENNIAL BLVD SUITE 200AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32308ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN593359293EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FLORIDA TOURISM INDUSTRY MARKETINGBusinessNameLine1Txt
Business Name Line2CORP INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFLORBusinessNameControlTxt
Phone8504885607PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 N MONROE ST SUITE 900AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP323015015ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHANNA PACEPersonNm
Person TitleCFOPersonTitleTxt
Phone8504885607PhoneNum
Signature2024-04-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHANNAPersonFirstNm
Person LastPACEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTACEY T KOLKAPreparerPersonNm
PTINP01371120PTIN
Phone8506688100PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1VISIT FLORIDABusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerSHANNA PACEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 N MONROE ST SUITE 900AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP323015015ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$86,648,555GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.VISITFLORIDA.ORG, WWW.VISITFLORIDA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO PROMOTE VISITATION TO FLORIDA BY STRENGTHENING FLORIDA'S SHARE OF THE GLOBAL TRAVEL MARKET WITH THE GOAL OF MAXIMIZING THE ECONOMIC IMPACT OF TRAVEL AND TOURISM TO FLORIDA.ActivityOrMissionDesc
Voting Members Governing Body30VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee78TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$218,407TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$75,435,092PYContributionsGrantsAmt
CY Contributions Grants$67,009,143CYContributionsGrantsAmt
PY Program Service Revenue$14,263,649PYProgramServiceRevenueAmt
CY Program Service Revenue$19,377,945CYProgramServiceRevenueAmt
PY Investment Income$33,852PYInvestmentIncomeAmt
CY Investment Income$110,082CYInvestmentIncomeAmt
PY Other Revenue$132,052PYOtherRevenueAmt
CY Other Revenue$151,385CYOtherRevenueAmt
PY Total Revenue$89,864,645PYTotalRevenueAmt
CY Total Revenue$86,648,555CYTotalRevenueAmt
PY Grants And Similar Paid$3,952PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,193,534PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,742,728CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$85,044,169PYOtherExpensesAmt
CY Other Expenses$78,314,732CYOtherExpensesAmt
PY Total Expenses$92,241,655PYTotalExpensesAmt
CY Total Expenses$86,057,460CYTotalExpensesAmt
PY Revenues Less Expenses-$2,377,010PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$591,095CYRevenuesLessExpensesAmt
Total Assets BOY$39,295,195TotalAssetsBOYAmt
Total Assets EOY$37,630,218TotalAssetsEOYAmt
Total Liabilities BOY$24,698,236TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,442,164TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$14,596,959NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$15,188,054NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE VISITATION TO FLORIDA BY STRENGTHENING FLORIDA'S SHARE OF THE GLOBAL TRAVEL MARKET WITH THE GOAL OF MAXIMIZING THE ECONOMIC IMPACT OF TRAVEL AND TOURISM TO FLORIDA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescADVERTISING - VISIT FLORIDA CONDUCTS MULTI-CHANNEL MARKETING INITIATIVES TO REACH POTENTIAL VISITORS AND DRIVE VISITATION FROM TRAVELERS ALL ACROSS THE UNITED STATES AND INTERNATIONALLY. THESE INITIATIVES ARE MAINLY INTEGRATED MARKETING CAMPAIGNS THAT CONSIST OF ADVERTISING, PUBLIC RELATIONS, CONTENT DEVELOPMENT AND DISTRIBUTION, SPONSORSHIP, DIGITAL MARKETING AND SOCIAL MEDIA.ADVERTISING IMPACT: THE TOURISM INDUSTRY WAS RESPONSIBLE FOR WELCOMING 137.6 MILLION VISITORS IN FY 2022-23, WHICH MAKES THE INDUSTRY ONE OF THE LEADING TAX REVENUE AND JOBS PRODUCERS IN FLORIDA. BASED ON THE LATEST ECONOMIC IMPACT STUDY, FLORIDA VISITORS CONTRIBUTED $121.5 BLLION TO FLORIDA'S ECONOMY IN 2022, GENERATING $16.3 BILLION IN STATE AND LOCAL TAXES AND SUPPORTING 2 MILLION FLORIDA JOBS. VISITORS CONTRIBUTE AN AVERAGE OF $333 MILLION PER DAY TO FLORIDA'S ECONOMY. EVERY 67 VISITORS TO THE STATE SUPPORT ONE TOURISM JOB. VISIT FLORIDA HAS SIGNIFICANTLY CONTRIBUTED TO THE CONTINUED INCREASE IN VISITOR SPENDING, TAX REVENUE, AND JOB CREATION. FOR EVERY $1 THE STATE INVESTS IN VISIT FLORIDA, $3.27 IN TAX REVENUE IS RETURNED. IN FISCAL YEAR 2022-23, 55.3 PERCENT OF VISITORS WERE SIGNIFICANTLY INFLUENCED BY VISIT FLORIDA MARKETING EFFORTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescCOOPERATIVE PROMOTIONAL PROGRAMS: VISIT FLORIDA ASSISTS INTERESTED PARTIES IN ORGANIZING FLORIDA PROMOTIONAL PACKAGES. IN RETURN FOR VISIT FLORIDA'S ASSISTANCE, VISIT FLORIDA AND OTHER PARTICIPANTS RECEIVE COMPLIMENTARY ADVERTISING IN VARIOUS PRINT, TELEVISION, DIGITAL AND RADIO MEDIA USED IN PROMOTING THE PACKAGE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescTRADE SHOWS: VISIT FLORIDA HOSTS THE ANNUAL GOVERNOR'S CONFERENCE ON TOURISM. THE CONFERENCE OUTLINES THE MARKETING PLAN, PROVIDES EDUCATIONAL SPEAKERS, VENDORS AND NETWORKING OPPORTUNITIES. VISIT FLORIDA HOSTS FLORIDA ENCOUNTER, AN APPOINTMENT-BASED SHOW WHERE MEETING PROFESSIONALS MEET WITH FLORIDA SUPPLIERS TO BOOK FUTURE BUSINESS. VISIT FLORIDA HOSTS FLORIDA HUDDLE, ANOTHER APPOINTMENT-BASED SHOW WHERE TOUR OPERATORS FROM ACROSS THE STATE MEET WITH DOMESTIC AND INTERNATIONAL BUYERS TO BOOK FUTURE BUSINESS. IN ADDITION TO THESE VISIT FLORIDA-OWNED TRADE SHOWS, THE MARKETING AND EVENTS DEPARTMENT WORKS CLOSELY WITH KEY TRAVEL AGENTS, TOUR OPERATORS AND MEETING PROFESSIONALS TO KEEP FLORIDA IN THE DESTINATION FOREFRONT. THEY ALSO ORGANIZE EDUCATIONAL SEMINARS, RESERVATION TRAINING, FAMILIARIZATION TOURS, TRADE SHOWS AND CONSUMER SHOWS AND INVITE THE FLORIDA INDUSTRY TO PARTICIPATE IN THESE EVENTS TO CREATE A LARGER FLORIDA PRESENCE.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document104IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee78EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members30GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SHANNA PACEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8504885607PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 N MONROE ST SUITE 900AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ANDRES BARRY
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER BERTHIAUME
DIRECTOR1.00Yes (X)$0$0$0
LEN BROWN
DIRECTOR1.00Yes (X)$0$0$0
JOSE CIL
DIRECTOR1.00Yes (X)$0$0$0
GREG COOK
CHAIR1.00Yes (X)$0$0$0Yes (X)
BOBBY CORNWELL
DIRECTOR1.00Yes (X)$0$0$0
KELLY CRAIGHEAD
DIRECTOR1.00Yes (X)$0$0$0
ERNESTO DAZ
DIRECTOR1.00Yes (X)$0$0$0
CAROL DOVER
DIRECTOR1.00Yes (X)$0$0$0
DANNY GAEKWAD
IMMEDIATE PAST CHAIR1.00Yes (X)$0$0$0
MALINDA HORTON
DIRECTOR1.00Yes (X)$0$0$0
JOHN LAI
2ND VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
KARA LUNDGREN
DIRECTOR1.00Yes (X)$0$0$0
LINO MALDONADO
DIRECTOR1.00Yes (X)$0$0$0
ERIC MARSHALL
SECRETARY1.00Yes (X)$0$0$0Yes (X)
JESSE MARTINEZ
DIRECTOR1.00Yes (X)$0$0$0
CASANDRA MATEJ
DIRECTOR1.00Yes (X)$0$0$0
KERRY MORRISSEY
DIRECTOR1.00Yes (X)$0$0$0
PATRICK MURPHY
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER ROMINIECKI
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
SCOTT ROSE
DIRECTOR1.00Yes (X)$0$0$0
DAN ROWE
DIRECTOR1.00Yes (X)$0$0$0
ANGEL SARRIA
DIRECTOR1.00Yes (X)$0$0$0
DAVE SCHMIDT
DIRECTOR1.00Yes (X)$0$0$0
SCOTT SHALLEY
TREASURER1.00Yes (X)$0$0$0Yes (X)
ROBERT SKROB
DIRECTOR1.00Yes (X)$0$0$0
JOHN SOLOMON
DIRECTOR1.00Yes (X)$0$0$0
SHELDON SUGA
DIRECTOR1.00Yes (X)$0$0$0
ROBERT WELLS
DIRECTOR1.00Yes (X)$0$0$0
CHIP WILE
DIRECTOR1.00Yes (X)$0$0$0
DANA YOUNG
PRESIDENT & CEO40.00$183,658$0$40,832Yes (X)
CRAIG THOMAS
COO/GENERAL COUNSEL40.00$140,174$0$38,404Yes (X)
SHANNA PACE
CFO40.00$144,790$0$9,634Yes (X)
STACI MELLMAN
CHIEF MARKETING OFFICER40.00$159,832$0$10,356Yes (X)
KEVIN MCGEEVER
SENIOR EDITOR40.00$134,837$0$37,548Yes (X)
DAVID L DODD
DIRECTOR OF WELCOME CENTER OPERATIONS40.00$135,200$0$38,106Yes (X)
MEREDITH DASILVA
VP OF EX OPERATIONS & ADMIN40.00$136,779$0$38,054Yes (X)
KATE CHUNKA
VP INDUSTRY ENGAGEMENT40.00$125,149$0$19,711Yes (X)
BRETT S LAIKEN
SR VP OF MARKETING40.00$125,248$0$28,726Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,285,667TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$261,371TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K17IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MILES MEDIA GROUP LLC
6751 PROFESSIONAL PKWY WEST SUITE 2SARASOTAFL34240MARKETING$2,895,758
BRAND NETWORKS LLC
40 BROAD STREET FLOOR 6BOSTONMA02109SOCIAL MEDIA MARKETING$732,633
DEVELOPMENT COUNCELLORS INT'L LTD
215 PARK AVE S 10TH FLRNEW YORKNY10003PR AND TRADE SERVICES$370,000
NETWORK TECHNOLOGY SOLUTIONS LLC
119 E JACKSON STREETTHOMASVILLEGA31792IT EQUIPMENT AND SERVICES$221,751
BATON HOLDINGS LLC
501 EAST CAMINO REALBOCA RATONFL33432GOVERNOR'S CONFERENCE VENUE$206,140
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
Government Grants$67,009,143GovernmentGrantsAmt
Total Contributions$67,009,143TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADVERTISING REVENUE900099$9,301,520$9,301,520
COOP. ADVERTISING900099$5,719,434$5,719,434
MEMBERSHIP DUES & ASSESSMENTS900099$1,908,867$1,908,867
TRADE SHOWS & EVENTS900099$1,901,795$1,901,795
WELCOME CENTER900099$321,044$321,044

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$225,285TotalRevenueColumnAmt
Related Or Exempt Func Income$6,878RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$218,407UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$19,377,945TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$110,082TotalRevenueColumnAmt
Exclusion$110,082ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CITRUS JUICE REVENUE900099$150,766$150,766
MISCELLANEOUS900099$619$619
FieldValueIRS element (for citing)
Other Revenue Total$151,385OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$86,648,555TotalRevenueColumnAmt
Related Or Exempt Func Income$19,310,923RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$218,407UnrelatedBusinessRevenueAmt
Exclusion$110,082ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$551,221TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,048,614TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$311,095TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,417,631TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$414,167TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$21,276TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,625TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,952,790TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$63,530,561TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$469,789TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,371,712TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$526,096TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,988,473TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,303,660TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$86,707TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$553,305TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$258,091TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
TOURISM RESEARCH$1,675,350
FULFILLMENT$181,418
DUES & SUBSCRIPTIONS$167,266
CITRUS JUICE$150,766

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$35,847TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$86,057,460TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$200BOYAmt
EOY$200EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$14,346,375BOYAmt
EOY$11,844,032EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$23,447,892BOYAmt
EOY$20,328,441EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$822,569BOYAmt
EOY$952,501EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,925,129LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,429,229LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$295,183BOYAmt
EOY$495,900EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$657,762EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$382,976BOYAmt
EOY$3,351,382EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$39,295,195BOYAmt
EOY$37,630,218EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,257,451BOYAmt
EOY$17,203,436EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,054,926BOYAmt
EOY$1,126,642EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$385,859BOYAmt
EOY$4,112,086EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,698,236BOYAmt
EOY$22,442,164EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$12,432,104BOYAmt
EOY$13,023,199EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,164,855BOYAmt
EOY$2,164,855EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,596,959BOYAmt
EOY$15,188,054EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,295,195BOYAmt
EOY$37,630,218EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$591,095ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$388,660OtherCostOrOtherBasisAmt
Depreciation$221,922DepreciationAmt
Book Value$166,738BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,263,347OtherCostOrOtherBasisAmt
Depreciation$1,019,686DepreciationAmt
Book Value$243,661BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,273,122OtherCostOrOtherBasisAmt
Depreciation$1,187,621DepreciationAmt
Book Value$85,501BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$495,900TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescLEASESDesc
Book Value$3,351,382BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,351,382TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LEASE LIABILITY$3,460,307
SUBSCRIPTION LIABILITY$651,779
FieldValueIRS element (for citing)
Total Liability$4,112,086TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$86,648,555TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$86,648,555RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$86,648,555TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$86,057,460TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$86,057,460ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$86,057,460TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationWITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO EXAMINATIONS BY MAJOR TAX JURISDICTIONS FOR YEARS ENDED JUNE 30, 2019 AND PRIOR.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)02PROGRAM SERVICESREPRESENT VISIT FLORIDA$2,155,624
SOUTH AMERICA07PROGRAM SERVICESREPRESENT VISIT FLORIDA$1,369,530
NORTH AMERICA01PROGRAM SERVICESREPRESENT VISIT FLORIDA$610,446
EUROPE (INCLUDING ICELAND & GREENLAND)00ADVERTISINGADVERTISE VISIT FLORIDA$969,804
NORTH AMERICA00ADVERTISINGADVERTISE VISIT FLORIDA$588,748
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees10SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee10TotalEmployeeCnt
Subtotal Spent$5,694,152SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$5,694,152TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DANA YOUNG
PRESIDENT & CEO$183,658$0$0$0$0$0$10,838$0$29,994$0$224,490$0$0$0
CRAIG THOMAS
COO/GENERAL COUNSEL$140,174$0$0$0$0$0$8,410$0$29,994$0$178,578$0$0$0
MEREDITH DASILVA
VP OF EX OPERATIONS & ADMIN$136,779$0$0$0$0$0$8,207$0$29,847$0$174,833$0$0$0
DAVID L DODD
DIRECTOR OF WELCOME CENTER OPERATION$135,200$0$0$0$0$0$8,112$0$29,994$0$173,306$0$0$0
KEVIN MCGEEVER
SENIOR EDITOR$134,837$0$0$0$0$0$7,774$0$29,774$0$172,385$0$0$0
STACI MELLMAN
CHIEF MARKETING OFFICER$159,832$0$0$0$0$0$9,590$0$766$0$170,188$0$0$0
SHANNA PACE
CFO$144,790$0$0$0$0$0$8,687$0$947$0$154,424$0$0$0
BRETT S LAIKEN
SR VP OF MARKETING$125,248$0$0$0$0$0$7,515$0$21,211$0$153,974$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationFIRST CLASS TRAVEL: THE ORGANIZATION'S TRAVEL POLICY DOES NOT PERMIT EMPLOYEES TO TRAVEL FIRST CLASS VIA AIR; HOWEVER, EXCEPTIONS HAVE BEEN MADE DUE TO EXTENUATING CIRCUMSTANCES.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
DAN ROWE
BOARD MEMBER$317,280PANAMA CITY BEACH CONVENTION AND VISITORS BUREAU SPENT $317,280 PARTICIPATING IN VARIOUS PROGRAMS AND/OR EVENTS WITH VISIT FLORIDA. VISIT FLORIDA BOARD MEMBER DAN ROWE IS PCBCVB'S PRESIDENT/CEO.0
CASANDRA MATEJ
BOARD MEMBER$533,092ORLANDO/ORANGE COUNTY CONVENTION & VISITIORS BUREAU, INC. DBA VISIT ORLANDO SPENT $533,092 PARTICIPATING IN VARIOUS PROGRAMS AND/OR EVENTS WITH VISIT FLORIDA. BOARD MEMBER CASANDRA MATEJ IS VISIT ORLANDO'S PRESIDENT/CEO.0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:FormAndLineReferenceDesc

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 8IN ADDITION TO OUR FISCAL YEAR 2021-2022 STATE APPROPRIATION OF $50 MILLION, VISIT FLORIDA RECEIVED ADDITIONAL FUNDING THROUGH THE FEDERAL CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES) AND THE AMERICAN RESCUE PLAN ACT (ARPA). THE FLORIDA LEGISLATURE ALSO APPROPRIATED $25 MILLION FROM THE GENERAL REVENUE FUND TO CONDUCT ACTIVITIES THAT SUPPORT AND FUND FLORIDA'S TOURISM INDUSTRY AND ITS RECOVERY FROM COVID-19 THROUGH PROMOTION AND MARKETING ACTIVITIES, SERVICES, FUNCTIONS AND PROGRAMS. THIS SPECIFIC APPROPRIATION ORIGINATED FROM THE ARPA FUNDS. THE STATE RELEASED $20,435,092 OF THIS APPROPRIATION DURING FISCAL YEAR ENDING JUNE 30, 2022, AND THE ENTIRE AMOUNT WAS EXPENDED. THE REMAINING $4,564,908 WAS RELEASED AND EXPENDED DURING FISCAL YEAR ENDING JUNE 30, 2023. VISIT FLORIDA APPLIED FOR AND WAS AWARDED A $5 MILLION CARES FEDERAL GRANT FROM THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA). THIS GRANT WAS USED TO FUND DESTINATION MARKETING ORGANIZATIONS (DMO) COOPERATIVE OPPORTUNITIES IN DIRECT RESPONSE TO COVID-19. THE $5 MILLION GRANT REQUIRED A DOLLAR FOR DOLLAR MATCH WITH VISIT FLORIDA FUNDS AND DMO FUNDS. VISIT FLORIDA WAS ALSO AWARDED A $14,851,410 ARPA ACT RECOVERY ASSISTANCE FEDERAL NON-MATCHING GRANT FROM THE EDA IN JANUARY 2022 TO HELP SUPPORT THE RECOVERY OF FLORIDA'S TOURISM ECONOMY FROM THE COVID-19 PANDEMIC. NO EXPENSES WERE INCURRED DURING FISCAL YEAR 2021-2022. $12,446,313 WAS SPENT IN 2022-2023 AND THE REMAINING $2,405,097 WILL BE SPENT BY THE END OF 2023-2024. THE FUNDS WILL CONTINUE FLORIDA'S PANDEMIC REBOUND EFFORTS BY KEEPING FLORIDA WITHIN TRAVELER'S TOP CONSIDERATION SET AND PROTECTING FLORIDA'S COMPETITIVE POSITION.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS IS COMPOSED OF 31 TOURISM-RELATED SEATS APPOINTED BY ENTERPRISE FLORIDA, INC. IN CONJUNCTION WITH THE STATE OF FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY.
FORM 990, PART VI, SECTION A, LINE 7BVISIT FLORIDA WAS CREATED BY FLORIDA STATUTE 288.1226, AS A DIRECT-SUPPORT ORGANIZATION OF ENTERPRISE FLORIDA, INC. (EFI) AND IMPLEMENTS THE POLICIES, GOALS, AND LONG RANGE MARKETING PLAN.
FORM 990, PART VI, SECTION B, LINE 11BAFTER REVIEW BY VISIT FLORIDA'S ACCOUNTING MANAGEMENT, AS PREPARED BY AN INDEPENDENT CPA, A COPY OF THE 990 AND ACCOMPANYING SCHEDULES ARE GIVEN TO THE AUDIT COMMITTEE FOR REVIEW. AFTER THE AUDIT COMMITTEE'S REVIEW, THE FORM 990 AND ACCOMPANYING SCHEDULES ARE FILED BY THE INDEPENDENT CPA WITH THE INTERNAL REVENUE SERVICE CENTER AND THE COMMITTEE REPORTS THEIR REVIEW TO VISIT FLORIDA'S BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 12CVISIT FLORIDA, AS A PART OF ITS CORPORATE CODE OF ETHICS AND STANDARDS OF CONDUCT POLICY, HAS A CONFLICT OF INTEREST STATEMENT. EACH YEAR, THE BOARD MEMBERS REAFFIRM VIA ELECTRONIC SIGNATURE THEIR OBLIGATIONS UNDER THE ADOPTED POLICY. IN ADDITION, THE BOARD MEMBERS ANNUALLY DISCLOSE ANY TRANSACTIONS ON BEHALF OF THEMSELVES, THEIR PRINCIPAL, THEIR PRINCIPAL'S CORPORATE PARENT(S), OR THEIR PRINCIPAL'S SUBSIDIARIES RELATED TO VISIT FLORIDA'S PRIVATE MATCH REQUIREMENT. ADDITIONALLY, VISIT FLORIDA'S POLICIES AND PROCEDURES RELATED TO SELECTING A GOODS OR SERVICE PROVIDER OUTLINES THAT ALL TRANSACTIONS SHOULD BE CONDUCTED AT ARM'S LENGTH AND MANAGEMENT SHOULD REFRAIN FROM CONTRACTING OR ACQUIRING GOODS OR SERVICES FROM FAMILY MEMBERS THAT WILL REPORT OR SEE DIRECTION DIRECTLY FROM THEM OR A DEPARTMENT MANAGER THAT REPORTS TO THEM.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF DIRECTORS APPROVED THE PRESIDENT AND CEO'S SALARY, NOTING THEY WOULD SERVE WITHOUT A CONTRACT. EACH YEAR, THE NOMINATING COMMITTEE WILL PERFORM A REVIEW OF THE PRESIDENT AND CEO'S PERFORMANCE AND REPORT TO THE BOARD OF DIRECTORS ANY RECOMMENDATIONS. COMPENSATION FOR ALL OTHER EMPLOYEES, INCLUDING OTHER OFFICERS AND KEY EMPLOYEES, IS SET BY THE PRESIDENT AND CEO UTILIZING COMPARABILITY DATA AND SALARY RANGE GUIDANCE PROVIDED BY AN INDEPENDENT THIRD PARTY WHICH IS UPDATED EVERY THREE YEARS. ALL MEMBERS OF THE BOARD OF DIRECTORS SERVE WITHOUT COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19VISIT FLORIDA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND OTHER FINANCIAL AND AUDITING REPORTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR UPON REQUEST. ADDITIONALLY, MANY OF THE DOCUMENTS ARE MADE PUBLIC THROUGH PUBLICLY NOTICED AND CONDUCTED MEETINGS OF THE BOARD OF DIRECTORS AT WHICH THESE ITEMS ARE DISCUSSED. MANY OF THESE DOCUMENTS ARE ALSO POSTED ON THE ORGANIZATION'S WEBSITE, VISITFLORIDA.ORG, WHICH CONTAINS INSTRUCTIONS ON HOW TO REQUEST AND RECEIVE ANY OTHER ITEM OF INTEREST MADE PUBLIC BY OPERATION OF FLORIDA'S OPEN RECORDS LAWS.