San Francisco Tourism Improvement District Management Corporation
Nonprofit profile at a glance
- EIN
- 264814856
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4152272644
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $51,712,467
- Expenses
- $46,338,470
- Assets
- $12,296,800
- Liabilities
- $4,896,179
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ANNA MARIE PRESUTTI (PRESIDENT/CEO)
Highest reported compensation
- AMANDA HALL (DIRECTOR SF AMBASSADOR PROGRAM): $184,267 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance and promote the hotel and tourism industry within the city and county of san francisco, by managing and administering the san francisco tourism improvement district for the benefit of the hotels paying tid and med assessments specifically for the benefit of tourism business community in the city and county of san francisco.
What it reported doing in 2024
Tid program services activities: convention and meeting sales - during fy 24-25, there were 27 moscone events held in san francisco, $541.7 million in direct spending, and 470,981 room nights booked.marketing promotion - during fy 24-25, there were over 23.06 million visitors to san francisco spending more than $9.3 billion dollars. In fy 24/25 sftravel.com website had 3,671,517 million visitors. Sf travel produced various web publications that attracted millions of impressions, sf travel also developed multiple paid advertising campaigns domestically and internationally and launched a new brand campaign platform, believe in san francisco. Finn partners, sf travel's new pr agency, along with the pr team generated 1029 pieces of earned media coverage in cy25, a 630% increase yoy.tourism sales and marketing - during fy 24-25, there were 16 million international enplanements at sfo. Sf travel maintains 10 international representation agencies. Hosted over 26 fam trips for top travel trade clients, influencers, and airlines. Attended international and domestic trade shows, planed and executed integrated marketing campaigns.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 52
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.4%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 86; 86th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -21.9% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 11 board members independent · 7 of 7 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $184K · 12 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $6.5M reported
- Consistency: 11 of 11 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 8 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.