Munising Visitors Bureau FY2021 filing

Not tax-deductible

Munising, MI501(c)(6)EIN 38-2892443Revenue $949K in FY2021

On file with the IRSmunising.orgPo Box 421, 49862-0421 · Munising, MITax-exempt since Jan 1994

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To promote tourism in the Munising mi area using the room taxes as provided by the state of mi.

90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $36K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 15 voting members
Looks good: 13 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$949K
+57% vs prior year
Spent
$672K
To programs
90%
Net assets
$552K
By yearFY2020–FY2025
Revenue
$949K
FY2021▲ +57%
Tap a bar for its year
Revenue by fiscal year
FY2020$606K
FY2021$949K
FY2022$1.1M
FY2023$1.1M
FY2024$1.1M
FY2025$1.1M
Expenses
$672K
FY2021▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$576K
FY2021$672K
FY2022$1.0M
FY2023$1.2M
FY2024$1.2M
FY2025$1.1M
Net assets
$552K
FY2021▲ +101%
Tap a bar for its year
Net assets by fiscal year
FY2020$275K
FY2021$552K
FY2022$666K
FY2023$613K
FY2024$589K
FY2025$540K

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $604K Management & general 10% · $68K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President/Se
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Cori Ann Cearley$54,000————
Cori Ann Clearley—$50,400$45,969$43,815$28,596
Brenda Walther$35,000$29,815$22,985$21,423$20,277

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes tourism in Munising, MI, using local room tax funds.

Questions for Munising Visitors Bureau

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Provided by the organization

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3 programs · $604K · in their own filed words · FY2020
01

Local tourism promotion compensation of current officers, directors, and trustees payroll taxes

$445Kprogram expense
02

Assessment fee collection and redistribution dues and subscriptions license and subscriptions

$139Kprogram expense
03

Snowmobile trail grooming & maintenance for public use depreciation

$20Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$949K
Ln 12
Fees for servicesLn 2g$907K
Other incomeLn 4–11$26K
Gifts and grantsLn 1h$15K
Money outPt IX
$672K
Ln 25
Programscol B$604K
Managementcol C$68K
Owns and owesPt X
$552K
net assets · Ln 32
Cash and savingsLn 1–2$555K
Total assetsLn 16$555K
LiabilitiesLn 26$3K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Government grantsLn 1e$15K
Fees for servicesLn 2g$907K
Investment incomeLn 3$935
Other incomeLn 4–11$26K
Total revenueLn 12$949K
Assets in detailPt X, end of year
CashLn 1$555K
Cash and savings togetherLn 1–2$555K
Total assetsLn 16$555K
LiabilitiesLn 26$3K
Net assetsLn 32$552K
OperationsPt I, VI
EmployeesI 53
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$277K$555K
Total assetsLn 16$277K$555K
LiabilitiesLn 26$2K$3K
Net assetsLn 32$275K$552K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$60K$60K
Payroll taxesLn 10$5K$5K
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$268K$268K
Office expensesLn 13$27K$7K$20K
TravelLn 17$3K$3K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$255K$231K$24K
All other expensesLn 24e$47K$32K$15K
Total functional expensesLn 25$672K$604K$68K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.1M−$49K$540K 990 PDF
FY2024 $1.1M$1.2M−$25K$589K 990 PDF
FY2023 $1.1M$1.2M−$129K$613K 990 PDF
FY2022 $1.1M$1.0M$114K$666K 990 PDF
FY2021 Viewing $949K$672K$277K$552K 990 PDF
FY2020 $606K$576K$30K$275K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $949,029 revenue, 12 lines filed
I-8 Contributions and grants$14,930
I-9 Program service revenuePrior year $605,472$906,724
I-10 Investment incomePrior year $602$935
I-11 Other revenue$26,440
I-12 Total revenuePrior year $606,074$949,029
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $57,684$65,702
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $518,143$606,386
I-18 Total expensesPrior year $575,827$672,088
I-19 Revenue less expensesPrior year $30,247$276,941
Part VI · Governance 13 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $949,029 across 6 lines filed
VIII-1e Government grants$14,930
VIII-1h Total contributions, gifts and grants$14,930
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $906,724$906,724
VIII-3 Investment incomeRelated to mission $935$935
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $26,440$26,440
VIII-12 Total revenueRelated to mission $934,099$949,029
Part IX · Statement of functional expenses $672,088 across 9 lines filed
IX-7 Other salaries and wagesPrograms $60,203$60,203
IX-10 Payroll taxesPrograms $5,499$5,499
IX-11c Accounting feesManagement $3,162$3,162
IX-12 Advertising and promotionPrograms $267,822$267,822
IX-13 Office expensesPrograms $7,156 · Management $20,192$27,348
IX-17 TravelManagement $3,462$3,462
IX-23 InsuranceManagement $2,604$2,604
IX-24 Other expenses (24a–d)Programs $231,218 · Management $23,864$255,082
IX-24e All other expensesPrograms $32,016 · Management $14,890$46,906
IX-25 Total functional expensesPrograms $603,914 · Management $68,174 · Fundraising $0$672,088
Part X · Balance sheet $555,122 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $277,295$555,122
X-16 Total assetsStart of year $277,295$555,122
X-17 Accounts payable and accrued expensesStart of year $2,123$3,009
X-26 Total liabilitiesStart of year $2,123$3,009
X-32 Total net assets or fund balancesStart of year $275,172$552,113
X-33 Total liabilities and net assetsStart of year $277,295$555,122
Part XI · Reconciliation of net assets $552,113 net assets at year end
XI-1 Total revenue$949,029
XI-2 Total expenses$672,088
XI-3 Revenue less expenses$276,941
XI-4 Net assets at start of year$275,172
XI-10 Net assets at end of year$552,113

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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