PHILADELPHIA CONVENTION & VISITORS BUREAU
Pub 78

PHILADELPHIA CONVENTION & VISITORS BUREAU
Pub 78

PHILADELPHIA, PA, US
501(c)(6)
EIN
23-0969325
Regional Funder

PHILADELPHIA CONVENTION & VISITORS BUREAU
Pub 78

PHILADELPHIA, PA, US
501(c)(6)
EIN
23-0969325
Regional Funder

Overview

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Est.

1942

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Philadelphia Convention & Visitors Bureau (PHLCVB) is a nonprofit organization focused on promoting tourism and trade in Philadelphia, serving as the official tourism promotion agency for the city and the long-term sales and marketing agency for the Pennsylvania Convention Center. With an operating budget of $21.2 million and total revenue of $23.4 million for the fiscal year 2024, PHLCVB successfully hosted 264 events, including major citywide gatherings, while securing future high-profile events. The organization does not rely on a single funder for 50% or more of its revenue, ensuring diverse financial support for its initiatives.

Mission Statement

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 (
Revenues

$23.4M

Expenses

$21.2M

Net Income:
+$2.2M
Assets

$25.5M

Liabilities

$7.5M

Net Assets:
+$18M
Operating Budget

$21.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$871.3K
Largest grant received
$871.3K
S
See Attached for the Bod List
Board Member
G
Gregg Caren
Executive
A
Arthur M Ayres
Executive

Frequently Asked Questions

What is PHILADELPHIA CONVENTION & VISITORS BUREAU’s budget?
In 2024, PHILADELPHIA CONVENTION & VISITORS BUREAU reported an annual operating budget of around $21.2 million. More detailed financial information is available to registered users.
What causes does PHILADELPHIA CONVENTION & VISITORS BUREAU support?
PHILADELPHIA CONVENTION & VISITORS BUREAU supports work in Trade and Tourism.
Where does PHILADELPHIA CONVENTION & VISITORS BUREAU operate?
PHILADELPHIA CONVENTION & VISITORS BUREAU is headquartered in PHILADELPHIA, PA.
Who funded PHILADELPHIA CONVENTION & VISITORS BUREAU recently?
In 2024, PHILADELPHIA CONVENTION & VISITORS BUREAU received grants from Philadelphia Hospitality Investment Levy, Philadelphia Hospitality Investment Levy, and THE SYLVIA W AND RANDLE M KAUDERS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant PHILADELPHIA CONVENTION & VISITORS BUREAU received in 2024?
The largest grant to PHILADELPHIA CONVENTION & VISITORS BUREAU in 2024 exceeds $871 thousand.
What is PHILADELPHIA CONVENTION & VISITORS BUREAU’s reliance on government grants?
PHILADELPHIA CONVENTION & VISITORS BUREAU relied on government grants for more than 55% of their total revenue in 2024.
Overview
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