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Indiana Sports Corporation

Public charity
Other · INDIANAPOLIS, IN · EIN 31-0975117

About

Indiana sports corp seeks to create positive impact by hosting world-class sporting events which drive economic vitality, facilitate a vibrant community with civic pride, garner national and international media attention, and create opportunities for our youth. Indiana sports corp was founded in 1979 as the nation's first sports commission. Indiana sports corp continues to support similar sports organizations in central indiana, such as the NCAA, USA gymnastics, USA track & field, USA football, the horizon league, and several others. Indiana sports corp continues to build on its historic roots by growing its volunteer, member, and civic support while maintaining our status as a premier HOST in the sports industry. To support its role of coordinating and marketing major sporting events, indiana sports corp performs several event-related functions, including BID preparation and presentations; event management; ticket marketing; promotions; public/media relations; corporate development (sponsorship); and financial services. Since 1979, indianapolis has hosted more than 500 national and international sporting events, including: *NCAA championships, including eight NCAA division i men's basketball final fours and three women's final fours *multi-sport events including the 1982 u.s. Olympic festival, 1987 PAN american games and the 2001 world police & fire games *u.s. Olympic trials and other national governing BODY (NGB) national championships in canoe/kayak, diving, gymnastics, JUDO, rowing, swimming, synchronized swimming, table tennis, track & field, wrestling, and volleyball *world championships in track & field (1987), gymnastics (1991), rowing (1994), basketball (2002), and swimming (2004) *the 2005 solheim CUP, the most important team event in women's GOLF *eleven big TEN football championship games, including the inaugural event in 2011 * numerous big TEN men's and women's basketball tournaments indiana sports corp's calendar is filled with owned events devoted to supporting the indiana sports corp mission and youth initiatives. These events include the indiana sports corp charity GOLF tournament, corporate challenge, and state of sports. In addition, indiana sports corp introduced a new fundraiser in december of 2022, the INDY classic an annual basketball doubleheader at gainbridge fieldhouse. Proceeds from indiana sports corp owned events often benefit local youth-serving organizations through the inspiring sports grant program which have provided nearly $2.4 million to more than 250 youth organizations to support their sports programming and initiatives. Program accomplishments: indiana sports corp's 2022 roster of events brought tremendous opportunities to the city of indianapolis. Full event listing follows. Big TEN women's basketball tournament big TEN men's basketball tournament horizon league men's and women's basketball championships NCAA DI men's basketball first & second rounds NCAA DIII men's & women's swimming and diving championships NBA 2k league fifth season USA track and field half marathon championships indiana sports corp charity GOLF tournament panam junior water POLO championships indiana sports corp corporate challenge INDY ultimate state of sports big TEN football championship game INDY classic in addition, more than $500 million in future economic impact was secured by indiana sports corp in 2022 through the following events: 2024 us olympic team trials - swimming 2023 & 2024 NFL combine 2023 & 2024 big TEN football championship game 2024 national invitation tournament (NIT) at hinkle fieldhouse 2023-2026 horizon league men's and women's basketball championships savannah bananas at victory field JUNE 29 & 30 2028 NCAA women's final four 2029 NCAA men's final four

Donations are tax-deductible
Category
Other
Employees
33
Volunteers
2,500

Financial Snapshot

FY ending 2022-12-31
Revenue
$10.8M
Expenses
$10.6M
Assets
$18.2M
Liabilities
$6.8M

Financial history

$10.8M$5.4M$0
16171819202122
RevenueExpenses
Latest FY2022: $10.8M · Avg: $7.5M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$20K
INDIANA SPORTS CORPORATION
Your actions

Address

115 W Washington ST STE 1400
Indianapolis, IN, 46204-405

Governance

Voting board members56
Independent members56
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %91.3%
Permanent endowment %8.7%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$245K
Net to org$159K
Retained by contractors$87K
ChannelsMail · Phone · Email · In-person
Public records
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