Convio Ranks Most Generous Online U.S. Cities for 2011
Seattle, WA Earns Top Spot Rising Three Spaces from 2010
Austin, Texas (January 25, 2012) —
Convio, Inc. (NASDAQ: CNVO) announced today the release of its fourth annual ranking of Most Generous Online U.S. Cities. 2011 saw a change at the top with Seattle, WA, earning the #1 spot, followed by Alexandria, VA and Washington, DC finishing second and third respectively as the nation’s most generous large cities based on 2011 online giving data from Convio customers. The biggest movers in the top ten from the 2010 annual ranking are Seattle rising three spaces to number one; Cambridge, MA falling three spaces from number two to number five; and Ann Arbor, MI moving up three spaces from number nine to number six.
The report ranks the 273 cities with total population of more than 100,000 based on per capita online giving and total amount donated through Convio’s online marketing and fundraising suites. The average gift size remained steady in 2011 compared to 2010 at $65, as more than $435 million was donated by people who reside in the 273 major cities. The donors in the most generous cities increased their total online contributions by more than 11 percent over 2010.
The 2011 rankings are based on the almost $1.355 billion in total online donations generated through the Convio online marketing and fundraising suite that powers the online efforts of thousands of the nation’s leading nonprofit organizations. The current rankings come from donations processed between Jan. 1 and Dec. 31, 2011.
The top ten most generous large cities (population > 100,000) in 2011, based on per capita giving are:
- Seattle, WA
- Alexandria, VA
- Washington, DC
- Arlington, VA
- Cambridge, MA
- Ann Arbor, MI
- Berkeley, CA
- San Francisco, CA
- Bellevue, WA
- St. Louis, MO
“According to a May 2011 study by Pew Internet, 96 percent of American adults with annual incomes greater than $75 thousand are online,” said Gene Austin, chief executive officer of Convio. “The Internet is a key component of a comprehensive, integrated constituent engagement and fundraising strategy. Our 2011 U.S. online giving data reinforces that nonprofits are increasingly leveraging the Internet to generate more meaningful relationships, raise more money and maximize the lifetime value of every individual they touch.”
From a regional perspective based on the U.S. Census grouping of states, the top 25 large cities have the South achieving the #1 spot (three cities in the top ten), followed by the West, then the Midwest and lastly the Northeast. To view the complete rankings of large U.S. cities, visit www.convio.com/onlinecities.
About Convio
Convio is a leading provider of on-demand constituent engagement solutions that enable nonprofit organizations to maximize the value of every relationship. With Convio solutions, nonprofits can more effectively raise funds, advocate for change and cultivate relationships with donors, activists, volunteers, event participants, alumni and other constituents. Convio offers two open, cloud-based constituent engagement solutions: Convio Common Ground® for small- and mid-sized nonprofits and Convio Luminate™ for enterprise nonprofits. Headquartered in Austin, Texas with offices across the United States and United Kingdom, Convio serves more than 1,500 nonprofit organizations globally. Convio is listed on the NASDAQ Global Market under the symbol CNVO.
Forward-looking Statements
This press release may contain forward-looking statements intended to convey expectations as to the future based on plans, estimates and projections. Although we believe that the expectations reflected in such forward-looking statements are reasonable, future circumstances might differ from the assumptions on which such statements are based. In addition, these statements can be affected by inaccurate assumptions and the impact of a variety of risks and uncertainties that could cause actual results to differ materially from those described in this press release including, among others: unfavorable economic and business conditions, in particular with respect to the nonprofit market in which we operate; challenges and risks relating to attracting and retaining customers; a loss of significant customers or a substantial reduction in orders from our existing customers; a reduction in usage of our systems by our customers or their clients and a corresponding reduction in usage revenue; an inability of customers to pay for our solutions and services; risks related to challenges associated with developing new and enhanced solutions that meet the needs of our clients; risks related to technological changes or alternative technologies that could make our products and services less competitive; risks associated with successful implementation of multiple integrated software products; risks associated with acquisitions and their integration; and the ability to attract and retain key personnel. Other risks that could impact our business adversely are those risks generally associated with management of growth; lengthy sales and implementation cycles; intellectual property infringement claims and other litigation; reliance on certain third-parties, including hosting facilities, software and application providers; the ability to access sufficient funding to finance desired growth and operations; and legislative actions which could reduce the effectiveness of our solutions and increase the costs of our business. These factors and other risks and uncertainties are described in more detail, from time to time, in Convio’s filings with the Securities and Exchange Commission which are available free of charge at www.sec.gov or on our website at www.convio.com/investor. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Convio does not undertake to update or revise any of these statements as a result of new information, future events or otherwise.
For more information: www.convio.com
Press Contact:
Karoline McLaughlin
Director, Corporate Communications
Convio, Inc.
kmclaughlin@convio.com
512-652-7865
Give us a call - 888.528.9501
