Totals
- Total revenue
- $12,630,014
- Total expenses
- $9,172,097
- Contributions and grants received
- $11,909,513
- Grants paid
- $51,500
- Program service revenue
- $0
- Investment income
- $720,501
- Other revenue
- $0
- Total assets, end of year
- $42,284,080
- Total liabilities, end of year
- $1,769,546
- Net assets or fund balances, end of year
- $40,514,534
- Program services expenses (Part IX)
- $5,289,187
- Management and general expenses
- $3,381,288
- Fundraising expenses
- $501,622
- Program service expenses (Part III)
- $5,289,187
Program services were 57.7% 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.
-
1e · Government grants (contributions)
$800,208
-
1f · All other contributions, gifts and grants
$11,109,305
-
3 · Investment income
total $720,501 · related or exempt $720,501
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $51,500 · program services $51,500
-
5 · Compensation of officers, directors and key employees
total $1,260,269 · program services $730,956 · management and general $403,286 · fundraising $126,027
-
7 · Other salaries and wages
total $758,718 · program services $366,722 · management and general $306,254 · fundraising $85,742
-
8 · Pension plan contributions
total $69,165 · program services $37,575 · management and general $24,330 · fundraising $7,260
-
9 · Other employee benefits
total $80,176 · program services $44,471 · management and general $27,470 · fundraising $8,235
-
10 · Payroll taxes
total $138,473 · program services $76,831 · management and general $47,425 · fundraising $14,217
-
11a · Fees: management
total $8,643 · management and general $8,643
-
11b · Fees: legal
total $54,648 · program services $15,737 · management and general $38,911
-
11c · Fees: accounting
total $21,250 · management and general $21,250
-
11g · Fees: other
total $3,322,433 · program services $2,197,395 · management and general $905,048 · fundraising $219,990
-
13 · Office expenses
total $8,615 · management and general $8,615
-
14 · Information technology
total $184,061 · program services $84,358 · management and general $83,972 · fundraising $15,731
-
16 · Occupancy
total $286,671 · program services $149,193 · management and general $118,503 · fundraising $18,975
-
17 · Travel
total $80,317 · program services $49,380 · management and general $30,937
-
22 · Depreciation, depletion and amortization
total $62,567 · program services $39,642 · management and general $17,480 · fundraising $5,445
-
23 · Insurance
total $72,675 · program services $38,944 · management and general $33,731
-
24a · Other expenses: EVENT MANAGEMENT
total $1,412,611 · program services $1,406,483 · management and general $6,128
-
24b · Other expenses: BAD DEBT
total $1,299,305 · management and general $1,299,305
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,771,668 · end of year $27,459,844
-
3 · Pledges and grants receivable
beginning of year $22,413,338 · end of year $14,290,008
-
9 · Prepaid expenses and deferred charges
beginning of year $60,149 · end of year $65,495
-
10a · Land, buildings and equipment: cost or other basis
$262,565
-
10b · Land, buildings and equipment: accumulated depreciation
$115,131
-
10c · Land, buildings and equipment, net
beginning of year $207,829 · end of year $147,434
-
14 · Intangible assets
beginning of year $523,823 · end of year $321,299
-
17 · Accounts payable and accrued expenses
beginning of year $351,085 · end of year $810,265
-
19 · Deferred revenue
end of year $610,813
-
25 · Other liabilities
beginning of year $569,105 · end of year $348,468
-
27 · Net assets without donor restrictions
beginning of year $24,655,078 · end of year $30,615,359
-
28 · Net assets with donor restrictions
beginning of year $12,401,539 · end of year $9,899,175
Mission and programs · 2024
Mission
PHILADELPHIA SOCCER 2026 (PS2026) IS AN INDEPENDENT, NONPROFIT ORGANIZATION CHARTERED IN 2020. PS2026 SERVES AS THE ENTITY RESPONSIBLE FOR PLANNING, OPERATIONS AND PERFORMANCE OF RIGHTS GRANTED TO THE HOST CITY BY FIFA. THIS INCLUDES THE OVERSIGHT AND PLANNING OF HOST CITY FUNCTIONS ASSOCIATED WITH MATCH PLAY, TRAINING, FAN FEST AND ALL OTHER PLANNING FOR THE TOURNAMENT.
-
PUBLIC AWARENESS PS2026 IS RESPONSIBLE FOR DRIVING COMMUNITY ENTHUSIASM AND ENGAGEMENT AROUND THE CITY OF PHILADELPHIA'S PLAN TO HOST SOCCER MATCHES DURING FIFA WORLD CUP 2026. ITS EFFORTS ARE MEANT TO ENSURE THAT RESIDENTS IN THE COMMONWEALTH OF PENNSYLVANIA, SOUTHERN NEW JERSEY AND DELAWARE KNOW OF THIS EVENT'S POTENTIAL TO DRIVE POSITIVE ECONOMIC AND SOCIAL IMPACT ACROSS THE REGION.
Expenses $807,488
-
BENEFACTOR AND PUBLIC BENEFITS PS2026 IS RESPONSIBLE FOR MONITORING AND EVALUATING AND IN SOME CASES PROVIDING, PUBLIC AND PRIVATE BENEFITS AND REWARDS ASSOCIATED WITH HOSTING THE FIFA WORLD CUP 2026. THIS INCLUDES SUSTAINABILITY EFFORTS AND MAINTAINING MUTUALLY BENEFICIAL PARTNERSHIPS WITH ITS STAKEHOLDERS TO FURTHER THE MISSION AND OBJECTIVES OF PS2026.
Expenses $1,631,056
-
HOST ACTIVITIES A CENTRAL COMPONENT OF THE HOSTING PROCESS FOR FIFA WORLD CUP 2026 IS RESPONDING TO FIFA'S IN-DEPTH INQUIRIES REGARDING THE CITY OF PHILADELPHIA'S HOST CITY CAPABILITIES, WHICH INCLUDE THE MATCH PLAY VENUE, TRAINING SITES, TRANSPORTATION, ACCOMMODATIONS, HUMAN RIGHTS AND MORE. PS2026 IS RESPONSIBLE FOR THE COORDINATION, PREPARATION, AND SUBMISSION OF PHILADELPHIA'S OFFICIAL RESPONSES, AS WELL AS EXECUTING ON FIFA HOST CITY REQUIREMENTS.
Expenses $2,850,643
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lauren LambrugoLAUREN LAMBRUGO
COO
- Total calculated
- $299,502
- From this org
- $281,538
- From related orgs
- $0
- Other
- $17,964
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $281,538
- Bonus
- not reported
- Other
- not reported
- Deferred
- $17,964
- Nontaxable benefits
- not reported
- Filer's total
- $299,502
-
Margaret A KaneMARGARET A KANE
CEO
- Total calculated
- $280,560
- From this org
- $265,000
- From related orgs
- $0
- Other
- $15,560
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $265,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $15,560
- Nontaxable benefits
- not reported
- Filer's total
- $280,560
-
Tim WilsonTIM WILSON
CFO
- Total calculated
- $266,521
- From this org
- $250,000
- From related orgs
- $0
- Other
- $16,521
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $250,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $16,521
- Nontaxable benefits
- not reported
- Filer's total
- $266,521
-
Brian EspositoBRIAN ESPOSITO
CHIEF CRO
- Total calculated
- $249,622
- From this org
- $240,000
- From related orgs
- $0
- Other
- $9,622
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,622
- Nontaxable benefits
- not reported
- Filer's total
- $249,622
-
Melissa PiccoliMELISSA PICCOLI
CHIEF EAO
- Total calculated
- $238,155
- From this org
- $223,731
- From related orgs
- $0
- Other
- $14,424
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $223,731
- Bonus
- not reported
- Other
- not reported
- Deferred
- $14,424
- Nontaxable benefits
- not reported
- Filer's total
- $238,155
-
Arthur M AyresARTHUR M AYRES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Steven Scott BradleySTEVEN SCOTT BRADLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gregg CarenGREGG CAREN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Marc ColemanMARC COLEMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel HilfertyDANIEL HILFERTY
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kenyatta JohnsonKENYATTA JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jazelle JonesJAZELLE JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Juan LopezJUAN LOPEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer RodriguezJENNIFER RODRIGUEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anne RyanANNE RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Terrence ShallenbergerTERRENCE SHALLENBERGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michelle SingerMICHELLE SINGER
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Don SmolenskiDON SMOLENSKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angela ValANGELA VAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
PHILADELPHIA INT'L LUNITY CUP
$25,000
PHILA INTERN'L UNITY
-
PHILA WELCOME AMERICA FESTIVAL
$25,000
FESTIVAL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 March 2026
- IRS schema version
- 2024v5.0
- Source object
- 202630649349300018
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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