MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEMPHIS CONVENTION & VISITORS BUREAU D/B/A MEMPHIS TOURISM CORP, founded in 1978, is a mid-sized nonprofit that reported $10.6M in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $23.7M exceeded revenue, resulting in a 123% operating deficit.
THE OFFICIAL DESTINATION MARKETING ORGANIZATION DEDICATED TO ACTIVELY GROWING THE MEMPHIS AND SHELBY COUNTY ECONOMY BY ATTRACTING VISITORS, CONVENTIONS AND EVENTS.
CONVENTION SALES & SERVICES - PROMOTE MEMPHIS TO VARIOUS SEGMENTS OF MEETING AND CONVENTION MARKETS, AMATEUR SPORTS MARKETS AND TOUR AND TRAVEL MARKETS TO ATTRACT GROUPS, MEETINGS AND EVENTS TO THE...
CONVENTION SALES & SERVICES - PROMOTE MEMPHIS TO VARIOUS SEGMENTS OF MEETING AND CONVENTION MARKETS, AMATEUR SPORTS MARKETS AND TOUR AND TRAVEL MARKETS TO ATTRACT GROUPS, MEETINGS AND EVENTS TO THE CITY.
DESTINATION MARKETING & MEMBER SERVICES - PROMOTE MEMPHIS AS A TOURIST DESTINATION BY GENERATING MEDIA COVERAGE, ADVERTISING MEMPHIS WORLDWIDE AND PRODUCING MAP AND TOURIST GUIDES.
VISITOR INFORMATION CENTERS - PROVIDE HOSPITABLE FACILITIES WITH STAFF THAT OFFERS FRIENDLY SERVICE AND ACCURATE INFORMATION WHICH ENCOURAGES VISITORS TO CONSIDER MEMPHIS A DESIRABLE TRAVEL...
VISITOR INFORMATION CENTERS - PROVIDE HOSPITABLE FACILITIES WITH STAFF THAT OFFERS FRIENDLY SERVICE AND ACCURATE INFORMATION WHICH ENCOURAGES VISITORS TO CONSIDER MEMPHIS A DESIRABLE TRAVEL DESTINATION AND INCREASE THE LENGTH OF STAY IN MEMPHIS AND SHELBY COUNTY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $10,630,308 | $23,808,821 | -0.6% |
| Expenses | $23,688,113 | $20,812,497 | +0.1% |
| Net Income | $-13,057,805 | $2,996,324 | -5.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DOUG BROWNE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HAROLD GRAETER | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG UNGER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TERRY BLUE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VEGA AJAMU | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ARTURO AZCARATE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY BREWER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWN CLAYTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROSE FLENORL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM GOODWIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ZOE KAHR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM LOSAPIO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID MAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE MILLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BOO MITCHELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN MITCHELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAT MITCHELL-WORLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN PUGLIESE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TED TOWNSEND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YANCY VILLA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STACY WRIGHT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN G KANE | PRESIDENT/CEO | 40.00 |
Officer
|
$619,342 | $58,965 | $678,307 |
| LINDA SAWYER | CAO/CFO | 40.00 |
Officer
|
$272,042 | $37,931 | $309,973 |
| MALVIN GIPSON | EVP SALES, SPORTS & SERVIC | 40.00 |
Key Emp
|
$266,175 | $41,741 | $307,916 |
| REGENA BEARDEN | CMO | 40.00 |
Key Emp
|
$248,167 | $36,481 | $284,648 |
| KEVIN KERN | VP - PUBLIC RELATIONS | 40.00 |
Highest
|
$196,860 | $26,464 | $223,324 |
| KERMIT MADISON | SR. NATIONAL SALES DIRECTO | 40.00 |
Highest
|
$161,320 | $23,604 | $184,924 |
| PATRICK AVERSA | NATIONAL SALES DIRECTOR | 40.00 |
Highest
|
$131,437 | $44,562 | $175,999 |
| BRANDON BENSON | NATIONAL SALES DIRECTOR | 40.00 |
Highest
|
$128,252 | $20,794 | $149,046 |
| LISA CATRON | GLOBAL TRADE & TRAVEL DIRECTOR | 40.00 |
Highest
|
$127,050 | $14,817 | $141,867 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $10,630,308 | $23,688,113 | $42,712,994 | $-13,057,805 |
| 2024 | No data | No data | No data | No data |
| 2023 | $19,186,089 | $17,040,937 | $48,257,129 | $2,145,152 |
| 2022 | $18,472,607 | $14,540,287 | $46,926,710 | $3,932,320 |
| 2020 | $17,172,027 | $14,759,905 | $38,589,779 | $2,412,122 |
| 2019 | $17,195,460 | $14,936,706 | $36,874,463 | $2,258,754 |
| 2018 | $16,149,071 | $13,746,282 | $32,756,532 | $2,402,789 |
Compare MEMPHIS CONVENTION & VISITORS BUREAU D/B/A MEMPHIS TOURISM CORP with other nonprofits in Tennessee and across the country.