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THE PHILADELPHIA CONVENTION & VISITORS BUREAU (PHLCVB) IS THE OFFICIAL TOURISM PROMOTION AGENCY FOR THE CITY OF PHILADELPHIA GLOBALLY, AND THE LONG-TERM SALES AND MARKETING AGENCY FOR THE PENNSYLVANIA CONVENTION CENTER. WE MARKET PHILADELPHIA AS A TOP U.S. DESTINATION FOR MEETINGS, CONVENTIONS, SPORTING EVENTS AND OVERSEAS TOURISM. IN FISCAL YEAR 2024, THE PHLCVB ACHIEVED SIGNIFICANT MILESTONES, HIGHLIGHTED BY LAUNCHING ITS FIRST JOINT MARKETING CAMPAIGN WITH VISIT PHILADELPHIA, "COME FOR PHILADELPHIA. STAY FOR PHILLY." THE PHLCVB HOSTED 264 EVENTS IN TOTAL, INCLUDING 20 CITYWIDE EVENTS (THOSE WITH OVER 2,000 ROOM NIGHTS ON PEAK) THAT BOOSTED THE LOCAL ECONOMY. THE PHLCVB ALSO SECURED MAJOR EVENTS FOR THE FUTURE, SUCH AS THE PCMA CONVENING LEADERS IN 2026 AND THE BIO INTERNATIONAL CONVENTION IN 2027. GLOBAL PARTNERSHIPS, INCLUDING A COLLABORATION WITH MICHELIN, ELEVATED PHILADELPHIA'S INTERNATIONAL PROFILE, WHILE INFRASTRUCTURE UPGRADES BY THE PENNSYLVANIA CONVENTION CENTER AUTHORITY (
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$23.4M
Program Spending
89%
of total expenses go to program services
Total Contributions
$13.7M
Total Expenses
▼$21.2M
Total Assets
$25.5M
Total Liabilities
▼$7.5M
Net Assets
$18M
Officer Compensation
→$751.1K
Other Salaries
$6.5M
Investment Income
$774.6K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
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| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $23.4M | $13.7M | $21.2M | $25.5M | $18M |
| 2022IRS e-File | $18.8M | $11.5M | $16.8M | $24.3M | $15.8M |
| 2021 | $7.4M | $6.3M | $9.2M | $12M | $5.5M |
| 2020 | $17.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
| Total |
|---|
| Gregg Caren | Pres. & CEO | 50 | $486.1K | $0 | $59.8K | $545.9K |
| Arthur M Ayres | Sr VP Of Fin | 50 | $195.6K | $0 | $57.9K | $253.5K |
Gregg Caren
Pres. & CEO
$545.9K
Hrs/Wk
50
Compensation
$486.1K
Related Orgs
$0
Other
$59.8K
Arthur M Ayres
Sr VP Of Fin
$253.5K
Hrs/Wk
50
Compensation
$195.6K
Related Orgs
$0
Other
$57.9K
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Maria Grasso | Sr VP Conv D | 50 | $300.4K | $0 | $64K | $364.4K |
| Larry Needle | Exec Dir Ph | 50 | $231.3K | $0 | $51.6K | $282.8K |
| Joseph Heller | VP Marcom | 50 | $213.5K | $0 | $30.3K |
Maria Grasso
Sr VP Conv D
$364.4K
Hrs/Wk
50
Compensation
$300.4K
Related Orgs
$0
Other
$64K
Larry Needle
Exec Dir Ph
$282.8K
Hrs/Wk
50
Compensation
$231.3K
Related Orgs
$0
Other
$51.6K
Joseph Heller
VP Marcom
$243.8K
Hrs/Wk
50
Compensation
$213.5K
Related Orgs
$0
Other
$30.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| See Attached For The Bod List | Bod | — | $0 | $0 | $0 | $0 |
See Attached For The Bod List
Bod
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
| $16.1M |
| $16.8M |
| $10.7M |
| $7.2M |
| 2019 | $20.6M | $19.1M | $19.1M | $12.2M | $6.7M |
| 2018 | $18.2M | $17.1M | $17M | $10.1M | $5.2M |
| 2017 | $17.1M | $15.7M | $16.8M | $8.5M | $4M |
| 2016 | $15.9M | $14.7M | $15.5M | $7.4M | $3.7M |
| 2015 | $17.2M | $15.6M | $16.7M | $8.4M | $3.3M |
| 2014 | $15.7M | $14.1M | $14.8M | $7M | $2.8M |
| 2013 | $17M | $15.6M | $16.8M | $5.6M | $1.9M |
| 2012 | $14.2M | $13.1M | $13.7M | $5.7M | $1.6M |
| 2011 | $15.7M | $14.7M | $15.8M | $5.5M | $1.2M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| $243.8K |
| Nik Pereira | VP Conventio | 50 | $209K | $0 | $32.1K | $241.2K |
| Bonnie Grant | Ex Dir Phl L | 50 | $191.5K | $0 | $40.6K | $232.1K |
Nik Pereira
VP Conventio
$241.2K
Hrs/Wk
50
Compensation
$209K
Related Orgs
$0
Other
$32.1K
Bonnie Grant
Ex Dir Phl L
$232.1K
Hrs/Wk
50
Compensation
$191.5K
Related Orgs
$0
Other
$40.6K