Valley Forge Tourism and Convention

Community development organization based in King of Prussia, PA. 34 employees. Exempt under §501(c)(6).

MissionTO STRENGTHEN ECOMONIC PROSPERITY WITHIN MONTGOMERY COUNTY, PENNSYLVANIA, BY RAISING ITS VISIBILITY AS A TOURISM DESTINATION FOR LEISURE AND CONVENTION MARKETS. THE PEOPLE OF THE VALLEY FORGE TOURISM AND COVENTION BOARD WORK EACH DAY TO INSPIRE VISITORS TO DISCOVER AND EXPLORE

Financial snapshot · TY 2023

$10.2M
Total revenue
$9.9M
Total expenses
$7.6M
Net assets

Financial health · TY 2023

57
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
35
6.4 months of expenses
Program efficiency
100
94.6% spent on programs
Revenue diversity
14
Mix of program fees, grants & contributions

Leadership compensation

$458,319
55th percentile vs. peers
Lisa Karl
VICE PRESIDENT OF SALES
$213,795
58th percentile vs. peers
Jonathan Markezin
EXECUTIVE DIRECTOR OF OPER
$176,133
55th percentile vs. peers
Rachel Riley
EMPLOYEE
$132,882
27th percentile vs. peers
$120,983
27th percentile vs. peers

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