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Nonprofiteer
← INTERNATIONAL CHEER UNION

Form 990 for tax year 2022

Filed by INTERNATIONAL CHEER UNION.

Totals

Total revenue
$1,746,967
Total expenses
$2,004,114
Contributions and grants received
$1,031,980
Grants paid
$0
Program service revenue
$684,371
Investment income
$616
Other revenue
$30,000
Total assets, end of year
$1,450,097
Total liabilities, end of year
$1,430,582
Net assets or fund balances, end of year
$19,515
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$1,509,585

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,031,980

  • 2a · Program service revenue: WORLD CHEERLEADING CHA

    total $574,777 · related or exempt $574,777

  • 2b · Program service revenue: COURSES AND DUES

    total $109,594 · related or exempt $109,594

  • 3 · Investment income

    total $616 · related or exempt $616

  • 11a · Other revenue: OTHER

    total $30,000 · related or exempt $30,000

  • 11e · Other revenue, total

    $30,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $161,955

  • 7 · Other salaries and wages

    total $510,345

  • 9 · Other employee benefits

    total $9,435

  • 10 · Payroll taxes

    total $53,832

  • 11b · Fees: legal

    total $10,588

  • 11c · Fees: accounting

    total $13,822

  • 11g · Fees: other

    total $286,414

  • 12 · Advertising and promotion

    total $93,321

  • 13 · Office expenses

    total $89,408

  • 14 · Information technology

    total $29,981

  • 16 · Occupancy

    total $102,298

  • 17 · Travel

    total $472,214

  • 20 · Interest

    total $108

  • 22 · Depreciation, depletion and amortization

    total $143

  • 23 · Insurance

    total $35,520

  • 24a · Other expenses: UTILITIES

    total $45,475

  • 24b · Other expenses: BANK SERVICE CHARGES

    total $36,360

  • 24c · Other expenses: MEAL & ENTERTAINMENT

    total $18,407

  • 24d · Other expenses: SUPPLIES

    total $14,758

  • 24e · All other expenses

    total $19,730

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $230,350 · end of year $1,397,168

  • 10a · Land, buildings and equipment: cost or other basis

    $2,861

  • 10b · Land, buildings and equipment: accumulated depreciation

    $143

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $2,718

  • 15 · Other assets

    beginning of year $76,427 · end of year $50,211

  • 17 · Accounts payable and accrued expenses

    beginning of year $30,115 · end of year $39,091

  • 25 · Other liabilities

    beginning of year $0 · end of year $1,391,491

  • 27 · Net assets without donor restrictions

    beginning of year $276,662 · end of year $19,515

Mission and programs · 2022

Mission

DEVELOP INTEREST AND PARTICIPATION IN CHEERLEADING, PROMOTE CHEERLEADING SAFETY, ACT AS AN INTERNATIONAL GOVERNING BODY FOR CHEERLEADING, EDUCATE COACHES AND OFFICIALS, AND CONDUCT A WORLD CHEERLEADING CHAMPIONSHIP.

Activities or mission (Part I)

DEVELOP INTEREST AND PARTICIPATION IN CHEERLEADING, PROMOTE CHEERLEADING SAFETY, ACT AS AN INTERNATIONAL GOVERNING BODY FOR CHEERLEADING, EDUCATE COACHES, AND CONDUCT A WORLD CHEERLEADING CHAMPIONSHIP.

  • WORLD CHEERLEADING CHAMPIONSHIP (WCC):THE WCC CONDUCTS THE FOLLOWING:- ICU WORLD & JUNIOR WORLD CHAMPIONSHIPS OF 3,000 ATHLETES FROM 70 NATIONS- ICU CONTINENTAL CHAMPIONSHIPS & CUPS IN ST. PETERSBURG, RUSSIA (EUROPE), SAN JOSE, COSTA RICA (AMERICAS), SHENZHEN, CHINA (ASIA), CAPE TOWN, SOUTH AFRICA (AFRICA)- THE INTERNATIONAL OLYMPIC COMMITTEE HAS RECOGNIZED CHEERLEADING AS AN OFFICAL OLYMPIC SPORT.

    Expenses $1,357,027 · Revenue $574,777

  • SUPPORT TO INTERNATIONAL GOVERNING BODIES FOR TRAINING, COACHING AND SAFETY OF ATHLETES. PROVIDES EDUCATION AND TRAINING FOR 2,000 COACHES IN 90 COUNTRIES.

    Expenses $109,149 · Revenue $109,595

  • GROWING CHEERLEADING INTERNATIONALLY:- EXPANSION OF THE ICU WORLD CHAMPIONSHIPS DIVISION TO 25 NATIONAL TEAMS SPECIFICALLY FOR ATHLETES WITH DISABILITIES (CALLED PARA SPORT CHEER/ ADAPTIVE ABILITIES) FROM 9 COUNTRIES- SPORT MINISTRY RECOGNITION IN ARGENTINA, BOTSWANA, GEORGIA, SWEDEN, TRINIDAD & TOBAGO- NATIONAL OLYMPIC RECOGNITION IN CANADA, GREECE, AND THAILAND

    Expenses $43,409 · Revenue $30,615

As filed on the 2022 return.

Listed in Part VII

  • Jeffery G Webb

    PRESIDENT AND COUNCIL MEMB

    Total calculated
    $0
    Hours/week
    1
  • Chang Yu-Chuan

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rodrigo Anguita Flores

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wayne Oberem

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Yulia Sautina

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Victor Martinez

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Aljaz Britvic

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Pamela Chang Estevez

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Michael Cooper

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matt McDonaugh

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Suebsai Boonverabut

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Riikka Taivassalo

    COUNCIL MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Nichols

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Karl A Olson

    SECRETARY GENERAL/ CEO

    Total calculated
    $162,371
    From this org
    $161,955
    From related orgs
    $0
    Other
    $416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,955
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $416
    Filer's total
    $162,371

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
16 August 2023
IRS schema version
2022v5.0
Source object
202312339349300896

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