Form 990 for tax year 2022
Filed by TRIANGLE SPORTS COMMISSION INC.
Totals
- Total revenue
- $346,223
- Total expenses
- $346,870
- Contributions and grants received
- $346,223
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $43,981
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $43,981
- Program services expenses (Part IX)
- $330,512
- Management and general expenses
- $6,358
- Fundraising expenses
- $10,000
- Program service expenses (Part III)
- $330,512
Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$346,223
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,000 · management and general $2,000
-
11e · Fees: professional fundraising services
total $10,000 · fundraising $10,000
-
13 · Office expenses
total $2,934 · management and general $2,934
-
17 · Travel
total $1,424 · management and general $1,424
-
24a · Other expenses: WORLD UNIVGAMES - BID
total $330,512 · program services $330,512
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $44,287 · end of year $43,981
-
9 · Prepaid expenses and deferred charges
beginning of year $341
-
31 · Retained earnings, endowment or other funds
beginning of year $44,628 · end of year $43,981
Mission and programs · 2022
Mission
TO PROMOTE THE TRIANGLE (RALEIGH/DURHAM/CHAPEL HILL/CARY, NC) AS A PREMIER SPORTS DESTINATION AND SEEK TO POSITIVELY IMPACT THE REGION THROUGH ONE OF THE COUNTRY'S FASTEST GROWING INDUSTRIES - SPORTS TOURISM.
-
CANDIDATE- SUMMER WORLD UNIVERSITY GAMES: THE FISU WORLD UNIVERSITY GAMES ARE STAGED EVERY TWO YEARS IN A DIFFERENT CITY. THE CELEBRATION OF INTERNATIONAL UNIVERSITY SPORTS AND CULTURE DRAWS MANY THOUSANDS OF STUDENT ATHLETES TOGETHER TO COMPETE, MAKING IT AMONG THE WORLD'S LARGEST AND MOST PRESTIGIOUS MULTI-SPORT EVENTS. AFTER YEARS OF WORK, NORTH CAROLINA WAS SELECTED TO BE THE UNITED STATES' HOST CITY PARTNER IN AMERICA'S BID FOR THE 2027 GAMES. IN FEBRUARY 2022, FISU ANNOUNCED THAT NORTH CAROLINA/ USA WAS CONFIRMED AS ONE OF TWO BID FINALISTS. THE WINNER, SOUTH KOREA, WAS ANNOUNCED IN NOVEMBER 2022.
Expenses $330,512
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
McLean BradshawMCLEAN BRADSHAW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Hill CarrowHILL CARROW
DIRECTOR / C
- Total calculated
- $0
- Hours/week
- 10
-
Nan HannahNAN HANNAH
CHAIR, BOD
- Total calculated
- $0
- Hours/week
- 1
-
Brian HoyleBRIAN HOYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Susan JohnsonSUSAN JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349305102
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