TY 2022 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

A For the 2021 calendar year, or tax year beginning 07-01-2022 , and ending 06-30-2023

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
PHILADELPHIA CONVENTION & VISITORS
BUREAU

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
1601 MARKET ST SUITE 200

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19102

D Employer identification number

23-0969325

E Telephone number

G Gross receipts $ 18,769,517

F Name and address of principal officer:
GREGG CAREN
1601 MARKET STREET
PHILADELPHIA,PA19102

Tax-exempt status: 501(c)(3) 501(c) ( 6 ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

WWW.DISCOVERPHL.COM

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1942

M State of legal domicile: PA

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: 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. FISCAL YEAR 2023 WAS A SIGNIFICANT YEAR OF ACCOMPLISHMENTS THAT INCLUDED LANDMARK ANNOUNCEMENTS, THE STEADY RETURN OF MEETINGS AND EVENTS, AND THE RESUMPTION OF OVERSEAS TRAVEL. WE WELCOMED LARGE, IN-PERSON EVENTS BACK TO THE PENNSYLVANIA CONVENTION CENTER (PCC), CULMINATING IN A FULL SLATE OF 19 CITYWIDES FOR THE FIRST TIME SINCE 2019. PHILADELPHIA MADE HEADLINES IN JUNE 2022 AS WE WERE SELECTED AS A HOST CITY FOR THE WORLD'S BIGGEST SPORTING EVENT, THE FIFA WORLD CUP 2026 AND WWE CHOSE PHILADELPHIA AS THE LOCATION FOR WRESTLEMANIA 40 IN 2024. BORDERS REOPENED AND INTERNATIONAL VISITORS RETURNED TO THE CITY. THIS MOMENTUM SET US WELL ON TRACK TO REACH AND S
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	59
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	58
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	61
6	Total number of volunteers (estimate if necessary) .............	6
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	13,861,977	11,543,218
9	Program service revenue (Part VIII, line 2g) .........	4,232,509	6,743,952
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	62,704	384,184
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	2,798,707	98,163
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	20,955,897	18,769,517
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		0
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	6,492,522	7,990,698
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	6,111,601	8,810,375
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	12,604,123	16,801,073
19	Revenue less expenses. Subtract line 18 from line 12.......	8,351,774	1,968,444
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	21,636,489	24,266,720
21	Total liabilities (Part X, line 26).............	7,817,508	8,479,295
22	Net assets or fund balances. Subtract line 21 from line 20.....	13,818,981	15,787,425

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name MediumBullet

Firm's EIN MediumBullet

Firm's address MediumBullet

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2021)

Form 990 (2021)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s 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. FISCAL YEAR 2023 WAS A SIGNIFICANT YEAR OF ACCOMPLISHMENTS THAT INCLUDED LANDMARK ANNOUNCEMENTS, THE STEADY RETURN OF MEETINGS AND EVENTS, AND THE RESUMPTION OF OVERSEAS TRAVEL. WE WELCOMED LARGE, IN-PERSON EVENTS BACK TO THE PENNSYLVANIA CONVENTION CENTER (PCC), CULMINATING IN A FULL SLATE OF 19 CITYWIDES FOR THE FIRST TIME SINCE 2019. PHILADELPHIA MADE HEADLINES IN JUNE 2022 AS WE WERE SELECTED AS A HOST CITY FOR THE WORLD'S BIGGEST SPORTING EVENT, THE FIFA WORLD CUP 2026 AND WWE CHOSE PHILADELPHIA AS THE LOCATION FOR WRESTLEMANIA 40 IN 2024. BORDERS REOPENED AND INTERNATIONAL VISITORS RETURNED TO THE CITY. THIS MOMENTUM SET US WELL ON TRACK TO REACH AND S

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 9,088,134 including grants of $ ) (Revenue $ )
	CONVENTION SALES THE PHLCVB'S CONVENTION SALES PROGRAM IS CHARGED WITH HELPING TO DRIVE OVERNIGHT VISITATION BY BOOKING AND SERVICING MEETINGS, CONVENTIONS, TRADE SHOWS AND SPORTING EVENTS INTO THE PENNSYLVANIA CONVENTION CENTER, MEMBER HOTELS, AND OFF-SITE VENUES. THIS ACTIVITY IS CRITICAL TO THE SUCCESS OF PHILADELPHIA'S TOURISM INDUSTRY, AS MEETINGS AND CONVENTIONS ARE LONGER- TERM PIECES OF BUSINESS THAT PROVIDE A STRONG FOUNDATION FOR PHILADELPHIA'S ECONOMY AND PROVIDE SECURITY FOR PHILADELPHIA'S HOSPITALITY-RELATED JOBS. THE CONVENTION SALES FUNCTION ALSO INCLUDES THREE KEY VERTICALS - PHL DIVERSITY, PHL LIFE SCIENCES, AND PHL SPORTS - AS WELL AS DATA AND ANALYTICAL RESEARCH THAT SUPPORTS THE CONVENTION SALES FUNCTION. IN FISCAL YEAR 2023, PHILADELPHIA'S HOSPITALITY INDUSTRY CONTINUED ITS RECOVERY FROM THE IMPACT OF COVID-19, WITH PERFORMANCE METRICS STEADILY IMPROVING ACROSS ALL CATEGORIES. THE RESULTS OF THE PHLCVB'S 2023 EVENTS ARE: -THE PHLCVB HELD 224 EVENTS, INCLUDING 19 CITYWIDE EVENTS (OVER 2,000 ROOM NIGHTS ON PEAK), WITH 434,300 ATTENDEES, RESULTING IN 513,400 ROOM NIGHTS AND 621.6 MILLION IN TOTAL HOTEL ROOM REVENUE. -THE PHLCVB SECURED 223 FUTURE EVENTS, INCLUDING 14 CITYWIDE EVENTS, PROJECTED TO BRING AN ESTIMATED 825,000 ATTENDEES TO PHILADELPHIA, GENERATING APPROXIMATELY 480,000 TOTAL ESTIMATED ROOM NIGHTS. PHL LIFE SCIENCES: PHL LIFE SCIENCES IS THE FIRST AND ONLY DIVISION OF A CVB IN THE COUNTRY FOCUSED ON LIFE SCIENCES MEETINGS. THE DIVISION WORKS TO PROVIDE ACCESS TO PHILADELPHIA'S SUBSTANTIAL HEALTHCARE AND HIGHER EDUCATION COMMUNITY OF ACADEMICS, MEDICAL AND NURSING LEADERS, HEALTHCARE EXPERTS, BIOTECHNOLOGY, PHARMACEUTICAL, AND RELATED VENTURE CAPITAL CONTACTS. DIVISION HIGHLIGHTS INCLUDE: -IN FISCAL YEAR 2023, PHL LIFE SCIENCES HOSTED 52 EVENTS WITH 79,745 ATTENDEES, AND 170,690 ROOM NIGHTS. THE DIVISION BOOKED 56 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 41,399 ATTENDEES AND 97,921 ROOM NIGHTS. -PHL LIFE SCIENCES WELCOMED UPWARDS OF 10,000 ATTENDEES FOR AMERICAN NURSES CREDENTIALING CENTER'S (ANCC) MAGNET AND PATHWAY CONFERENCE AT THE PENNSYLVANIA CONVENTION CENTER. THE CONFERENCE CELEBRATES THE OUTSTANDING ACCOMPLISHMENTS OF NURSES ON THE FRONT LINES AND AWARDS SPECIAL DESIGNATIONS FOR HEALTH CARE WORKERS. THE PHILADELPHIA REGION IS PROUD TO HAVE 17 MAGNET CERTIFIED INSTITUTIONS. -AMERICAN COLLEGE OF RHEUMATOLOGY (ACR) CONVERGENCE 2022 WELCOMED OVER 7,800 ATTENDEES AND EXHIBITORS TO THE PENNSYLVANIA CONVENTION CENTER FROM NOVEMBER 10-14. ACR SERVES MORE THAN 7,700 SPECIALTY PHYSICIANS, HEALTH PROFESSIONALS, AND SCIENTISTS WORLDWIDE. THE ANNUAL MEETING OFFERED IN- PERSON, VIRTUAL, AND ON-DEMAND OPPORTUNITIES, PROVIDING ACCESSIBLE OPTIONS FOR ALL. PHL SPORTS: FOR MORE THAN 30 YEARS, PHL SPORTS HAS BROUGHT MAJOR SPORTING EVENTS AND CONVENTIONS TO PHILADELPHIA. THE PHL SPORTS ADVISORY BOARD, CHAIRED BY PHILADELPHIA EAGLES PRESIDENT DON SMOLENSKI, IS COMPRISED OF 60 SPORTS LEADERS, INCLUDING THE CITY'S COLLEGIATE ATHLETIC DIRECTORS, PROFESSIONAL TEAM EXECUTIVES, AND CITY OF PHILADELPHIA OFFICIALS, AMONG MANY OTHERS. PHL SPORTS ENGAGES A WIDE RANGE OF COMMUNITY PARTNERS TO PROMOTE AND POSITION PHILADELPHIA AS A TOP DESTINATION FOR MARQUEE SPORTING EVENTS. DIVISION HIGHLIGHTS INCLUDE: -MARCH MADNESS WILL RETURN TO PHILADELPHIA IN 2026. -ON JUNE 16, 2022, PHILADELPHIA SECURED ONE OF THE 11 HOST CITY SPOTS IN THE UNITED STATES FOR THE FIFA WORLD CUP 2026. THE EVENT WILL BE PART OF AN INCREDIBLE SPORTS CALENDAR THAT YEAR, INCLUDING THE PGA CHAMPIONSHIP, MAJOR LEAGUE BASEBALL (MLB) ALL-STAR GAME, AND THE NCAA MEN'S BASKETBALL TOURNAMENT. -IN FISCAL YEAR 2023, PHL SPORTS BOOKED 36 FUTURE SPORTING EVENTS WITH AN ESTIMATED 611,593 ATTENDEES AND 209,463 ROOM NIGHTS. "A BOOKING HIGHLIGHT FROM 2023 IS WRESTLEMANIA 40, WHICH WILL BE HELD ON APRIL 6 AND 7, 2024. THE WEEK-LONG WWE EXTRAVAGANZA HAS GROWN INTO ONE OF THE COUNTRY'S BIGGEST SPORTING EVENTS, INCLUDING SIX MAJOR EVENTS AT THREE VENUES OVER FIVE DAYS, INCLUDING THE TWO-DAY TITLE SHOW AT LINCOLN FINANCIAL FIELD. PHL DIVERSITY: THE PHLCVB WAS ONE OF THE FIRST CVBS IN THE U.S. TO ESTABLISH A DIVISION HIGHLIGHTING THE DESTINATION AS A DIVERSE, EQUITABLE, AND INCLUSIVE LOCATION FOR MEETINGS, EVENTS, CONVENTIONS, AND VISITORS. FOR MORE THAN 30 YEARS, PHL DIVERSITY HAS BEEN CONNECTING MEETING PLANNERS TO LOCAL DIVERSE BUSINESSES, SUPPLIERS AND COMMUNITY LEADERS WITH SHARED VALUES AND GOALS WHO CAN HELP FACILITATE COMMUNITY ENGAGEMENT PROGRAMS OR SERVE AS SPEAKERS AND EXPERTS. DIVISION HIGHLIGHTS INCLUDE: -PHL DIVERSITY RECEIVED THE 2022 CORPORATE AWARD FROM THE NATIONAL COALITION OF BLACK MEETING PROFESSIONALS (NCBMP) AT ITS ANNUAL CONFERENCE. THE CORPORATE AWARD IS PRESENTED ANNUALLY TO AN ORGANIZATION THAT HAS DEMONSTRATED A RECORD OF MAKING A STRONG POSITIVE IMPACT ON PEOPLE OF COLOR WITHIN THE MEETINGS AND EVENTS INDUSTRY. -THE ZETA PHI BETA SORORITY, INC., ONE OF THE COUNTRY'S LARGEST WOMEN'S SERVICE ORGANIZATIONS, ENDED THEIR 2022 GRAND BOUL ON SUNDAY, JULY 24, 2022, IN PHILADELPHIA. 6,000 MEMBERS OF THE HISTORICALLY AFRICAN AMERICAN SORORITY GATHERED AT THE PENNSYLVANIA CONVENTION CENTER FOR A WEEK THAT INCLUDED CEREMONIES, AWARD PRESENTATIONS, A MASSIVE EXPO MARKETPLACE, A MARY J. BLIGE CONCERT, AND MUCH MORE. -PHL DIVERSITY HOSTED 19 EVENTS WITH 14,420 ATTENDEES AND 21,561 ROOM NIGHTS. THE DIVISION BOOKED 21 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 29,581 ATTENDEES AND 25,095 ROOM NIGHTS.

4b	(Code: ) (Expenses $ 3,476,552 including grants of $ ) (Revenue $ )
	MARKETING & COMMUNICATIONS THE MARKETING AND COMMUNICATIONS FUNCTION SUPPORTS SALES AND BUSINESS DEVELOPMENT INITIATIVES FOR THE PHLCVB AND THE PENNSYLVANIA CONVENTION CENTER BY PROMOTING PHILADELPHIA AND THE REGION THROUGH A COMPREHENSIVE WEBSITE AND FULLY INTEGRATED MARKETING, ADVERTISING, PUBLIC RELATIONS, SOCIAL MEDIA AND DIGITAL COMMUNICATION STRATEGY. THE PHLCVB'S EFFORTS TARGET MEETING PLANNERS, INFLUENCERS, CONVENTION ATTENDEES, DOMESTIC GROUP TOUR OPERATORS, OVERSEAS 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 CAMPAIGNS: "THE PHLCVB USED A VARIETY OF PAID MEDIA CHANNELS TARGETING MEETING AND CONVENTION, DOMESTIC GROUP, AND TRAVEL TRADE AUDIENCES. THIS YEAR, THE TEAM EXPANDED ITS FOCUS FROM REGIONAL TO NATIONAL CAMPAIGNS WITH ATTENTION ON PAID CONTENT DISTRIBUTION OPPORTUNITIES (ADVERTORIALS, E-NEWSLETTERS, VIDEO, AND PREMIER PLACEMENTS). "IN ADDITION TO WORKING WITH TRADITIONAL INDUSTRY PUBLICATIONS, THE PLAN WAS DIVERSIFIED TO INCLUDE NON-INDUSTRY SITES, INCLUDING THE WALL STREET JOURNAL, FORBES MEDIA, CNBC, AND NEW YORK TIMES BUSINESS. DIGITAL MARKETING RESULTS: "THE PHLCVB 'S SOCIAL MEDIA CHANNELS INCREASED FANS AND FOLLOWERS BY 39,643. TOTAL FANS AND FOLLOWERS ACROSS ALL OWNED ACCOUNTS TOTALED 371,333 OVER 12 ACCOUNTS IN 9 COUNTRIES. "IN FISCAL 2023, THE PHLCVB WEBSITE HAD 806,541 TOTAL UNIQUE VISITS, UP 64% FROM FISCAL 2021.

4c	(Code: ) (Expenses $ 1,377,813 including grants of $ ) (Revenue $ )
	GLOBAL TOURISM "IN FISCAL 2023, THE GLOBAL TOURISM TEAM IN PHILADELPHIA WAS SUPPORTED BY FIVE IN-COUNTRY REPRESENTATION OFFICES WHO HAVE A PRESENCE IN EIGHT OVERSEAS MARKETS. "IN FISCAL 2023, INBOUND OVERSEAS TRAVEL FINALLY RESUMED, AND GLOBAL VISITORS WERE BACK IN PHILADELPHIA'S AIRPORT, HOTELS, ATTRACTIONS, SHOPS, AND RESTAURANTS. OVERSEAS VISITATION TO PHILADELPHIA REACHED 444,200 IN FISCAL 2023,RESULTING IN 332.4 MILLION IN SPENDING. THESE VISITORS CONTRIBUTED AN ECONOMIC IMPACT OF 548.5 MILLION AND DIRECTLY SUPPORTED 4,664 JOBS. "GLOBAL TOURISM ACTIVITY HIGHLIGHTS INCLUDE THE TEAM ATTENDING 17 GLOBAL TRADESHOWS, TRAINING 1,960 TRAVEL AGENTS, AND CREATING 34 MULTI-WEEK MARKETING CAMPAIGNS, RESULTING IN OVER 500 MEDIA ENGAGEMENTS.

	(Code: ) (Expenses $ 1,027,503 including grants of $ ) (Revenue $ )
	GROUP TOUR SALES-673,770 THE PHLCVB'S GROUP TOUR SALES PROGRAM HELPS GROW OVERNIGHT VISITATION BY CONNECTING WITH DOMESTIC GROUP TOUR OPERATORS. THE TEAM WORKED TO POSITION PHILADELPHIA AS A TOP US DESTINATION FOR GROUP LEISURE TRAVEL BY DELIVERING DESTINATION UPDATES AND GROUP-SPECIFIC CONTENT TO KEY GROUP TRAVEL PLANNERS AND ACTIVELY SERVICING INCOMING GROUP TOUR LEADS. MEMBERSHIP-353,733 THE PHLCVB'S MEMBERSHIP PROGRAM, RENAMED THE PARTNERSHIP PROGRAM, ACTIVELY ENGAGES THE LOCAL BUSINESS COMMUNITY THROUGH NETWORKING EVENTS AND EDUCATIONAL SEMINARS DESIGNED TO CONNECT LOCAL BUSINESSES WITH MEETING PLANNERS AND CONVENTION BUSINESS. PHLCVB MEMBERS ARE LOCAL BUSINESS OWNERS ACROSS ALL NEIGHBORHOODS THROUGHOUT THE AREA. "FISCAL YEAR 2023 REPRESENTED A YEAR OF EXCITING PROGRESS FOR THE PARTNERSHIP DEPARTMENT WITH PURPOSEFUL NETWORKING AND EDUCATIONAL EVENTS AIMED AT STRENGTHENING THE BOND WITH VALUED PARTNERS. "THE PHLCVB HAD 646 TOTAL PARTNERS, WITH 71 NEW PARTNERS JOINING OVER THE CALENDAR YEAR AND A RETENTION RATE OF 93%.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 1,027,503 including grants of $ ) (Revenue $ )
4e	Total program service expenses14,970,002

Form 990 (2021)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I Click to see attachment

List of Attached Documents:

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.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III Click to see attachment

List of Attached Documents:

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Yes

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

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.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

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....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

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..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V Click to see attachment

List of Attached Documents:

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......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

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...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

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.......

11b

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

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.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

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11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

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......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

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12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........

14b

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....

Form 990 (2021)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II Click to see attachment

List of Attached Documents:

// Content

...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III Click to see attachment

List of Attached Documents:

// Content

.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV...................... Click to see attachment

List of Attached Documents:

// Content

28a

Yes

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV..... Click to see attachment

List of Attached Documents:

// Content

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment

List of Attached Documents:

// Content

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

131

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Form 990 (2021)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country: MediumBullet

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2021)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Yes

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed MediumBullet

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBullet

ARTHUR AYRES1601 MARKET ST SUITE 200 PHILADELPHIA,PA19102 (215) 636-4462

Form 990 (2021)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) GREGG CAREN...................................................................... PRES. & CEO	50.00 .................		X		506,304	0	38,687
(2) MARIA GRASSO...................................................................... SR VP CONV D	50.00 .................			X	249,467	0	54,899
(3) ARTHUR M AYRES...................................................................... SR VP OF FIN	50.00 .................		X		214,545	0	45,808
(4) JOSEPH HELLER...................................................................... VP MARCOM	50.00 .................			X	209,017	0	36,130
(5) LARRY NEEDLE...................................................................... EXEC DIR PH	50.00 .................			X	190,528	0	41,492
(6) KEVIN RICHARDS...................................................................... NATL ACCOUNT	50.00 .................			X	211,508	0	19,319
(7) BONNIE GRANT...................................................................... EX DIR PHL L	50.00 .................			X	170,094	0	37,395
(8) SEE ATTACHED FOR THE BOD LIST...................................................................... BOD	.................	X			0	0	0

Form 990 (2021)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)						(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	1,751,463	273,730

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
PA 1601 MARKET STREET LP 1601 MARKET STREET SUITE 2220 PHILADELPHIA,PA19103	RENT	410,868
BRAND USA 1725 I STREET NW - SUITE 800 WASHINGTON,DC20006	GLOBAL MARKETIN	200,000
TEMPEST INTERACTIVE MEDIA 30 S 15TH STREET-SUITE 1001 PHILADELPHIA,PA19102	PERF MRKTG MGMT	193,300
TOURISM ECONOMICS LLC 303 WEST LANCASTER AVE SUITE 2E WAYNE,PA19087	RESEARCH	133,625
TEMPESTIDSS GLOBAL LLC 30 S 15TH STREET-SUITE 1001 PHILADELPHIA,PA19102	SALES/MEM. CRM	100,250
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 5

Form 990 (2021)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b	823,030
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	10,572,232

f	All other contributions, gifts, grants, and similar amounts not included above		1f	147,956

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		11,543,218

		Business Code
2a	MARKETING & SERVICE CONTRACT		6,692,452	6,692,452
b	PUBLICATION REVENUE		51,500	51,500
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		6,743,952

3 Investment income (including dividends, interest, and othersimilar amounts) ......			384,184	384,184
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	OTHER INCOME			98,163	98,163
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			98,163
12	Total revenue. See instructions.....			18,769,517	7,226,299

Form 990 (2021)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	720,849	641,556	79,293
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	5,726,667	5,101,510	625,157
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......	1,543,182	1,137,460	405,722
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	13,307		13,307
c	Accounting ...........	44,545		44,545
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	774,847	517,046	257,801
12	Advertising and promotion ....	4,136,498	4,093,528	42,970
13	Office expenses .......	116,340	58,340	58,000
14	Information technology ......	475,444	394,849	80,595
15	Royalties ..
16	Occupancy ...........	445,297	391,861	53,436
17	Travel ............	1,056,950	1,021,700	35,250
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	1,107,171	1,107,171
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	58,697	51,654	7,043
23	Insurance ...	46,499		46,499
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	GENERAL DONATIONS	439,347	369,116	70,231
b	CELL PHONE CHARGES	90,073	79,148	10,925
c	OTHER ADMIN AND GENERAL	5,360	5,063	297
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	16,801,073	14,970,002	1,831,071	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2021)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			17,761,604	1	10,126,887
2	Savings and temporary cash investments .........				2	10,148,146
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			585,704	4	534,338
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			106,709	9	696,172
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	1,044,789
b	Less: accumulated depreciation	10b	761,564	341,922	10c	283,225
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............			2,840,550	14	2,477,952
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			21,636,489	16	24,266,720

17	Accounts payable and accrued expenses .....	1,807,354	17	2,520,778
18	Grants payable ...		18
19	Deferred revenue .........	2,789,956	19	3,119,912
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	3,220,198	25	2,838,605
26	Total liabilities. Add lines 17 through 25..	7,817,508	26	8,479,295

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	13,818,981	27	15,787,425
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	13,818,981	32	15,787,425
33	Total liabilities and net assets/fund balances ........	21,636,489	33	24,266,720

Form 990 (2021)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

18,769,517

Total expenses (must equal Part IX, column (A), line 25) ............

16,801,073

Revenue less expenses. Subtract line 2 from line 1 ..............

1,968,444

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

13,818,981

Net unrealized gains (losses) on investments ...............

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

15,787,425

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Form 990 (2021)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

SchCMd Bullet

Complete if the organization is described below. SchCMd Bullet

Attach to Form 990 or Form 990-EZ.
SchCMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

PHILADELPHIA CONVENTION & VISITORS
BUREAU

Employer identification number

23-0969325

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... SchCMd Bullet

Volunteer hours for political campaign activities. See instructions ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ SchCMd Bullet

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... SchCMd Bullet

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ SchCMd Bullet

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... SchCMd Bullet

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2021

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check SchCMd Bullet

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990) 2021

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures. See Instructions .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation

Schedule C (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

PHILADELPHIA CONVENTION & VISITORS
BUREAU

Employer identification number

23-0969325

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	607,939	343,727	264,212
d	Equipment ....
e	Other .....	436,850	417,837	19,013
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				283,225

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	2,838,605
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2021

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	18,883,506
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b	113,989
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................			2e	113,989
3	Subtract line 2e from line 1..................			3	18,769,517
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	18,769,517

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	16,915,062
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a	113,989
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................			2e	113,989
3	Subtract line 2e from line 1...................			3	16,801,073
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................			4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	16,801,073

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
SCHEDULE D, PAGE 3, PART X	THE CVB IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(6). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. COLLECTIVELY, CVB AND THE FOUNDATION ARE REFERRED TO AS THE PHLCVB. THE PHLCVB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PHLCVB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019.

Return Reference

Explanation

SCHEDULE D, PAGE 3, PART X

THE CVB IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(6). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. COLLECTIVELY, CVB AND THE FOUNDATION ARE REFERRED TO AS THE PHLCVB. THE PHLCVB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PHLCVB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019.

Schedule D (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

PHILADELPHIA CONVENTION & VISITORS
BUREAU

Employer identification number

23-0969325

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2022

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1GREGG CAREN PRES. & CEO	(i) (ii)	363,915 -------------	123,072 -------------	19,317 -------------	37,387 -------------	1,300 -------------	544,991 -------------	-------------
2MARIA GRASSO SR VP CONV DIVISIONS	(i) (ii)	234,363 -------------	10,500 -------------	4,604 -------------	35,658 -------------	19,241 -------------	304,366 -------------	-------------
3ARTHUR M AYRES SR VP OF FINANCE & A	(i) (ii)	208,314 -------------	-------------	6,231 -------------	26,635 -------------	19,173 -------------	260,353 -------------	-------------
4JOSEPH HELLER VP MARCOM	(i) (ii)	205,086 -------------	-------------	3,931 -------------	27,781 -------------	8,349 -------------	245,147 -------------	-------------
5LARRY NEEDLE EXEC DIR PHL SPORTS	(i) (ii)	184,572 -------------	-------------	5,956 -------------	17,801 -------------	23,691 -------------	232,020 -------------	-------------
6KEVIN RICHARDS NATL ACCOUNTS DIR	(i) (ii)	180,149 -------------	28,413 -------------	2,946 -------------	19,122 -------------	197 -------------	230,827 -------------	-------------
7BONNIE GRANT EX DIR PHL LIFE	(i) (ii)	166,762 -------------	-------------	3,332 -------------	27,240 -------------	10,155 -------------	207,489 -------------	-------------

Schedule J (Form 990) 2022

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

PHILADELPHIA CONVENTION & VISITORS
BUREAU

Employer identification number

23-0969325

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990) 2021

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) JOHN PIERCE	BOARD MEMBER	23,594	LEGAL FEES		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

PHILADELPHIA CONVENTION & VISITORS
BUREAU

Employer identification number

23-0969325

Return Reference	Explanation
FORM 990 - ORGANIZATION'S 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. FISCAL YEAR 2023 WAS A SIGNIFICANT YEAR OF ACCOMPLISHMENTS THAT INCLUDED LANDMARK ANNOUNCEMENTS, THE STEADY RETURN OF MEETINGS AND EVENTS, AND THE RESUMPTION OF OVERSEAS TRAVEL. WE WELCOMED LARGE, IN-PERSON EVENTS BACK TO THE PENNSYLVANIA CONVENTION CENTER (PCC), CULMINATING IN A FULL SLATE OF 19 CITYWIDES FOR THE FIRST TIME SINCE 2019. PHILADELPHIA MADE HEADLINES IN JUNE 2022 AS WE WERE SELECTED AS A HOST CITY FOR THE WORLD'S BIGGEST SPORTING EVENT, THE FIFA WORLD CUP 2026 AND WWE CHOSE PHILADELPHIA AS THE LOCATION FOR WRESTLEMANIA 40 IN 2024. BORDERS REOPENED AND INTERNATIONAL VISITORS RETURNED TO THE CITY. THIS MOMENTUM SET US WELL ON TRACK TO REACH AND SURPASS PRE-PANDEMIC METRICS. OUR INITIATIVES ARE FOCUSED ON THE FOLLOWING KEY PROGRAMS: -CONVENTION SALES: SALES, DESTINATION SERVICES AND INCENTIVE EFFORTS TO ATTRACT AND REBOOK MAJOR CONVENTIONS, TRADESHOWS, MEETINGS AND SPORTING EVENTS. -GLOBAL TOURISM: OVERSEAS LEISURE TOURISM SALES AND MARKETING INCLUDING 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). -GROUP TOUR SALES: SALES AND MARKETING EFFORTS TO BRING TOUR GROUPS OF ALL SIZES TO PHILADELPHIA. -MARKETING & COMMUNICATIONS: SUPPORTS THE PHLCVB AND THE PENNSYLVANIA CONVENTION CENTER BY PROMOTING PHILADELPHIA AND THE REGION THROUGH A VARIETY OF PROGRAMS TARGETING MEETING AND EVENT PROFESSIONALS, INFLUENCERS, CONVENTION ATTENDEES, DOMESTIC GROUP TOUR OPERATORS, OVERSEAS LEISURE TRAVELERS AND TRAVEL TRADE PROFESSIONALS. -PARTNERSHIP: CONNECTING OVER 640 PARTNERS ANNUALLY TO OPPORTUNITIES TO GROW THEIR BUSINESS THROUGH THE TOURISM GENERATED BY THE PHLCVB SALES EFFORTS.
FORM 990, PAGE 2, PART III, LINE 4A	CONVENTION SALES THE PHLCVB'S CONVENTION SALES PROGRAM IS CHARGED WITH HELPING TO DRIVE OVERNIGHT VISITATION BY BOOKING AND SERVICING MEETINGS, CONVENTIONS, TRADE SHOWS AND SPORTING EVENTS INTO THE PENNSYLVANIA CONVENTION CENTER, MEMBER HOTELS, AND OFF-SITE VENUES. THIS ACTIVITY IS CRITICAL TO THE SUCCESS OF PHILADELPHIA'S TOURISM INDUSTRY, AS MEETINGS AND CONVENTIONS ARE LONGER- TERM PIECES OF BUSINESS THAT PROVIDE A STRONG FOUNDATION FOR PHILADELPHIA'S ECONOMY AND PROVIDE SECURITY FOR PHILADELPHIA'S HOSPITALITY-RELATED JOBS. THE CONVENTION SALES FUNCTION ALSO INCLUDES THREE KEY VERTICALS - PHL DIVERSITY, PHL LIFE SCIENCES, AND PHL SPORTS - AS WELL AS DATA AND ANALYTICAL RESEARCH THAT SUPPORTS THE CONVENTION SALES FUNCTION. IN FISCAL YEAR 2023, PHILADELPHIA'S HOSPITALITY INDUSTRY CONTINUED ITS RECOVERY FROM THE IMPACT OF COVID-19, WITH PERFORMANCE METRICS STEADILY IMPROVING ACROSS ALL CATEGORIES. THE RESULTS OF THE PHLCVB'S 2023 EVENTS ARE: -THE PHLCVB HELD 224 EVENTS, INCLUDING 19 CITYWIDE EVENTS (OVER 2,000 ROOM NIGHTS ON PEAK), WITH 434,300 ATTENDEES, RESULTING IN 513,400 ROOM NIGHTS AND 621.6 MILLION IN TOTAL HOTEL ROOM REVENUE. -THE PHLCVB SECURED 223 FUTURE EVENTS, INCLUDING 14 CITYWIDE EVENTS, PROJECTED TO BRING AN ESTIMATED 825,000 ATTENDEES TO PHILADELPHIA, GENERATING APPROXIMATELY 480,000 TOTAL ESTIMATED ROOM NIGHTS. PHL LIFE SCIENCES: PHL LIFE SCIENCES IS THE FIRST AND ONLY DIVISION OF A CVB IN THE COUNTRY FOCUSED ON LIFE SCIENCES MEETINGS. THE DIVISION WORKS TO PROVIDE ACCESS TO PHILADELPHIA'S SUBSTANTIAL HEALTHCARE AND HIGHER EDUCATION COMMUNITY OF ACADEMICS, MEDICAL AND NURSING LEADERS, HEALTHCARE EXPERTS, BIOTECHNOLOGY, PHARMACEUTICAL, AND RELATED VENTURE CAPITAL CONTACTS. DIVISION HIGHLIGHTS INCLUDE: -IN FISCAL YEAR 2023, PHL LIFE SCIENCES HOSTED 52 EVENTS WITH 79,745 ATTENDEES, AND 170,690 ROOM NIGHTS. THE DIVISION BOOKED 56 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 41,399 ATTENDEES AND 97,921 ROOM NIGHTS. -PHL LIFE SCIENCES WELCOMED UPWARDS OF 10,000 ATTENDEES FOR AMERICAN NURSES CREDENTIALING CENTER'S (ANCC) MAGNET AND PATHWAY CONFERENCE AT THE PENNSYLVANIA CONVENTION CENTER. THE CONFERENCE CELEBRATES THE OUTSTANDING ACCOMPLISHMENTS OF NURSES ON THE FRONT LINES AND AWARDS SPECIAL DESIGNATIONS FOR HEALTH CARE WORKERS. THE PHILADELPHIA REGION IS PROUD TO HAVE 17 MAGNET CERTIFIED INSTITUTIONS. -AMERICAN COLLEGE OF RHEUMATOLOGY (ACR) CONVERGENCE 2022 WELCOMED OVER 7,800 ATTENDEES AND EXHIBITORS TO THE PENNSYLVANIA CONVENTION CENTER FROM NOVEMBER 10-14. ACR SERVES MORE THAN 7,700 SPECIALTY PHYSICIANS, HEALTH PROFESSIONALS, AND SCIENTISTS WORLDWIDE. THE ANNUAL MEETING OFFERED IN- PERSON, VIRTUAL, AND ON-DEMAND OPPORTUNITIES, PROVIDING ACCESSIBLE OPTIONS FOR ALL. PHL SPORTS: FOR MORE THAN 30 YEARS, PHL SPORTS HAS BROUGHT MAJOR SPORTING EVENTS AND CONVENTIONS TO PHILADELPHIA. THE PHL SPORTS ADVISORY BOARD, CHAIRED BY PHILADELPHIA EAGLES PRESIDENT DON SMOLENSKI, IS COMPRISED OF 60 SPORTS LEADERS, INCLUDING THE CITY'S COLLEGIATE ATHLETIC DIRECTORS, PROFESSIONAL TEAM EXECUTIVES, AND CITY OF PHILADELPHIA OFFICIALS, AMONG MANY OTHERS. PHL SPORTS ENGAGES A WIDE RANGE OF COMMUNITY PARTNERS TO PROMOTE AND POSITION PHILADELPHIA AS A TOP DESTINATION FOR MARQUEE SPORTING EVENTS. DIVISION HIGHLIGHTS INCLUDE: -MARCH MADNESS WILL RETURN TO PHILADELPHIA IN 2026. -ON JUNE 16, 2022, PHILADELPHIA SECURED ONE OF THE 11 HOST CITY SPOTS IN THE UNITED STATES FOR THE FIFA WORLD CUP 2026. THE EVENT WILL BE PART OF AN INCREDIBLE SPORTS CALENDAR THAT YEAR, INCLUDING THE PGA CHAMPIONSHIP, MAJOR LEAGUE BASEBALL (MLB) ALL-STAR GAME, AND THE NCAA MEN'S BASKETBALL TOURNAMENT. -IN FISCAL YEAR 2023, PHL SPORTS BOOKED 36 FUTURE SPORTING EVENTS WITH AN ESTIMATED 611,593 ATTENDEES AND 209,463 ROOM NIGHTS. "A BOOKING HIGHLIGHT FROM 2023 IS WRESTLEMANIA 40, WHICH WILL BE HELD ON APRIL 6 AND 7, 2024. THE WEEK-LONG WWE EXTRAVAGANZA HAS GROWN INTO ONE OF THE COUNTRY'S BIGGEST SPORTING EVENTS, INCLUDING SIX MAJOR EVENTS AT THREE VENUES OVER FIVE DAYS, INCLUDING THE TWO-DAY TITLE SHOW AT LINCOLN FINANCIAL FIELD. PHL DIVERSITY: THE PHLCVB WAS ONE OF THE FIRST CVBS IN THE U.S. TO ESTABLISH A DIVISION HIGHLIGHTING THE DESTINATION AS A DIVERSE, EQUITABLE, AND INCLUSIVE LOCATION FOR MEETINGS, EVENTS, CONVENTIONS, AND VISITORS. FOR MORE THAN 30 YEARS, PHL DIVERSITY HAS BEEN CONNECTING MEETING PLANNERS TO LOCAL DIVERSE BUSINESSES, SUPPLIERS AND COMMUNITY LEADERS WITH SHARED VALUES AND GOALS WHO CAN HELP FACILITATE COMMUNITY ENGAGEMENT PROGRAMS OR SERVE AS SPEAKERS AND EXPERTS. DIVISION HIGHLIGHTS INCLUDE: -PHL DIVERSITY RECEIVED THE 2022 CORPORATE AWARD FROM THE NATIONAL COALITION OF BLACK MEETING PROFESSIONALS (NCBMP) AT ITS ANNUAL CONFERENCE. THE CORPORATE AWARD IS PRESENTED ANNUALLY TO AN ORGANIZATION THAT HAS DEMONSTRATED A RECORD OF MAKING A STRONG POSITIVE IMPACT ON PEOPLE OF COLOR WITHIN THE MEETINGS AND EVENTS INDUSTRY. -THE ZETA PHI BETA SORORITY, INC., ONE OF THE COUNTRY'S LARGEST WOMEN'S SERVICE ORGANIZATIONS, ENDED THEIR 2022 GRAND BOUL ON SUNDAY, JULY 24, 2022, IN PHILADELPHIA. 6,000 MEMBERS OF THE HISTORICALLY AFRICAN AMERICAN SORORITY GATHERED AT THE PENNSYLVANIA CONVENTION CENTER FOR A WEEK THAT INCLUDED CEREMONIES, AWARD PRESENTATIONS, A MASSIVE EXPO MARKETPLACE, A MARY J. BLIGE CONCERT, AND MUCH MORE. -PHL DIVERSITY HOSTED 19 EVENTS WITH 14,420 ATTENDEES AND 21,561 ROOM NIGHTS. THE DIVISION BOOKED 21 CONVENTIONS FOR FUTURE YEARS WITH AN ESTIMATED 29,581 ATTENDEES AND 25,095 ROOM NIGHTS.
FORM 990, PAGE 2, PART III, LINE 4B	MARKETING & COMMUNICATIONS THE MARKETING AND COMMUNICATIONS FUNCTION SUPPORTS SALES AND BUSINESS DEVELOPMENT INITIATIVES FOR THE PHLCVB AND THE PENNSYLVANIA CONVENTION CENTER BY PROMOTING PHILADELPHIA AND THE REGION THROUGH A COMPREHENSIVE WEBSITE AND FULLY INTEGRATED MARKETING, ADVERTISING, PUBLIC RELATIONS, SOCIAL MEDIA AND DIGITAL COMMUNICATION STRATEGY. THE PHLCVB'S EFFORTS TARGET MEETING PLANNERS, INFLUENCERS, CONVENTION ATTENDEES, DOMESTIC GROUP TOUR OPERATORS, OVERSEAS 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 CAMPAIGNS: "THE PHLCVB USED A VARIETY OF PAID MEDIA CHANNELS TARGETING MEETING AND CONVENTION, DOMESTIC GROUP, AND TRAVEL TRADE AUDIENCES. THIS YEAR, THE TEAM EXPANDED ITS FOCUS FROM REGIONAL TO NATIONAL CAMPAIGNS WITH ATTENTION ON PAID CONTENT DISTRIBUTION OPPORTUNITIES (ADVERTORIALS, E-NEWSLETTERS, VIDEO, AND PREMIER PLACEMENTS). "IN ADDITION TO WORKING WITH TRADITIONAL INDUSTRY PUBLICATIONS, THE PLAN WAS DIVERSIFIED TO INCLUDE NON-INDUSTRY SITES, INCLUDING THE WALL STREET JOURNAL, FORBES MEDIA, CNBC, AND NEW YORK TIMES BUSINESS. DIGITAL MARKETING RESULTS: "THE PHLCVB 'S SOCIAL MEDIA CHANNELS INCREASED FANS AND FOLLOWERS BY 39,643. TOTAL FANS AND FOLLOWERS ACROSS ALL OWNED ACCOUNTS TOTALED 371,333 OVER 12 ACCOUNTS IN 9 COUNTRIES. "IN FISCAL 2023, THE PHLCVB WEBSITE HAD 806,541 TOTAL UNIQUE VISITS, UP 64% FROM FISCAL 2021.
FORM 990, PAGE 2, PART III, LINE 4C	GLOBAL TOURISM "IN FISCAL 2023, THE GLOBAL TOURISM TEAM IN PHILADELPHIA WAS SUPPORTED BY FIVE IN-COUNTRY REPRESENTATION OFFICES WHO HAVE A PRESENCE IN EIGHT OVERSEAS MARKETS. "IN FISCAL 2023, INBOUND OVERSEAS TRAVEL FINALLY RESUMED, AND GLOBAL VISITORS WERE BACK IN PHILADELPHIA'S AIRPORT, HOTELS, ATTRACTIONS, SHOPS, AND RESTAURANTS. OVERSEAS VISITATION TO PHILADELPHIA REACHED 444,200 IN FISCAL 2023,RESULTING IN 332.4 MILLION IN SPENDING. THESE VISITORS CONTRIBUTED AN ECONOMIC IMPACT OF 548.5 MILLION AND DIRECTLY SUPPORTED 4,664 JOBS. "GLOBAL TOURISM ACTIVITY HIGHLIGHTS INCLUDE THE TEAM ATTENDING 17 GLOBAL TRADESHOWS, TRAINING 1,960 TRAVEL AGENTS, AND CREATING 34 MULTI-WEEK MARKETING CAMPAIGNS, RESULTING IN OVER 500 MEDIA ENGAGEMENTS.
FORM 990, PAGE 2, PART III, LINE 4D	GROUP TOUR SALES-673,770 THE PHLCVB'S GROUP TOUR SALES PROGRAM HELPS GROW OVERNIGHT VISITATION BY CONNECTING WITH DOMESTIC GROUP TOUR OPERATORS. THE TEAM WORKED TO POSITION PHILADELPHIA AS A TOP US DESTINATION FOR GROUP LEISURE TRAVEL BY DELIVERING DESTINATION UPDATES AND GROUP-SPECIFIC CONTENT TO KEY GROUP TRAVEL PLANNERS AND ACTIVELY SERVICING INCOMING GROUP TOUR LEADS. MEMBERSHIP-353,733 THE PHLCVB'S MEMBERSHIP PROGRAM, RENAMED THE PARTNERSHIP PROGRAM, ACTIVELY ENGAGES THE LOCAL BUSINESS COMMUNITY THROUGH NETWORKING EVENTS AND EDUCATIONAL SEMINARS DESIGNED TO CONNECT LOCAL BUSINESSES WITH MEETING PLANNERS AND CONVENTION BUSINESS. PHLCVB MEMBERS ARE LOCAL BUSINESS OWNERS ACROSS ALL NEIGHBORHOODS THROUGHOUT THE AREA. "FISCAL YEAR 2023 REPRESENTED A YEAR OF EXCITING PROGRESS FOR THE PARTNERSHIP DEPARTMENT WITH PURPOSEFUL NETWORKING AND EDUCATIONAL EVENTS AIMED AT STRENGTHENING THE BOND WITH VALUED PARTNERS. "THE PHLCVB HAD 646 TOTAL PARTNERS, WITH 71 NEW PARTNERS JOINING OVER THE CALENDAR YEAR AND A RETENTION RATE OF 93%.
FORM 990, PAGE 6, PART VI, LINE 6	THE ORGANIZATION HAS MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7A	THE ADMINISTRATIVE COMMITTEE, REPRESENTED BY THE LEADERSHIP OF THE GOVERNING BODY, HAS FULL AUTHORITY OF THE GOVERNING BODY IN ITS ABSENCE.
FORM 990, PAGE 6, PART VI, LINE 7B	IN ACCORDANCE WITH PART VI, LINE 7A, THE ADMINISTRATIVE COMMITTEE, REPRESENTED BY THE LEADERSHIP OF THE GOVERNING BODY, HAS FULL AUTHORITY OF THE GOVERNING BODY IN ITS ABSENCE.
FORM 990, PAGE 6, PART VI, LINE 11B	THE FINANCE COMMITTEE OF THE BOARD NOW REVIEWS THE FORM 990 PRIOR TO FILING. A COPY IS DISTRIBUTED TO EACH MEMBER OF THE COMMITTEE AND TO THE LEADERSHIP OF THE BOARD. COPIES ARE AVAILABLE UPON REQUEST.
FORM 990, PAGE 6, PART VI, LINE 12C	ANNUAL DISCLOSURE STATEMENTS ARE OBTAINED FROM THE GOVERNING BODY AND STAFF. WHEN A CONFLICT ARISES, BOARD MEMBERS IDENTIFY THE CONFLICT AND EXCUSE THEMSELVES FROM ANY DISCUSSION OR VOTE. THE ORGANIZATION HAS A SIGNED POLICY FROM 100% OF BOARD AND STAFF.
FORM 990, PAGE 6, PART VI, LINE 15A	PHLCVB PARTICIPATES IN AN ANNUAL COMPENSATION REVIEW FOR ALL POSITIONS IN THE COMPANY, INCLUDING THE HIGHLY COMPENSATED EMPLOYEES. AN INDUSTRY SURVEY IS TAKEN AND RESULTS ARE REVIEWED TO MAKE SURE WE ARE IN LINE WITH INDUSTRY STANDARDS.
FORM 990, PAGE 6, PART VI, LINE 15B	PHLCVB PARTICIPATES IN AN ANNUAL COMPENSATION REVIEW FOR ALL POSITIONS IN THE COMPANY, INCLUDING THE HIGHLY COMPENSATED EMPLOYEES. AN INDUSTRY SURVEY IS TAKEN AND RESULTS ARE REVIEWED TO MAKE SURE WE ARE IN LINE WITH INDUSTRY STANDARDS.
FORM 990, PAGE 6, PART VI, LINE 19	THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

PHILADELPHIA CONVENTION & VISITORS
BUREAU

Employer identification number

23-0969325

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)PCVB FOUNDATION 1601 MARKET STREET SUITE 200 PHILADELPHIA,PA19102 30-0070983	FUNDRAISE	PA	501C	12B	PCVB	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2021

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No

Schedule R (Form 990) 2021

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2021

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2021

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2021

Additional Data

Software ID:
Software Version: