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← MINNESOTA SPORTS AND EVENTS

Form 990 for tax year 2024

Filed by MINNESOTA SPORTS AND EVENTS.

Totals

Total revenue
$13,731,897
Total expenses
$11,115,233
Contributions and grants received
$240,500
Grants paid
$0
Program service revenue
$13,275,074
Investment income
$216,323
Other revenue
$0
Total assets, end of year
$5,559,240
Total liabilities, end of year
$3,285,719
Net assets or fund balances, end of year
$2,273,521
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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

    $240,500

  • 2a · Program service revenue: CONTRACT REVENUE

    total $6,402,113 · related or exempt $6,402,113

  • 2b · Program service revenue: SPONSORSHIP, REBATES, SUITES

    total $6,265,500 · related or exempt $6,265,500

  • 2c · Program service revenue: MANAGEMENT FEES

    total $385,000 · related or exempt $385,000

  • 2d · Program service revenue: CHAMPIONS COUNCIL

    total $222,461 · related or exempt $222,461

  • 3 · Investment income

    total $216,323 · excluded $216,323

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $240,000

  • 7 · Other salaries and wages

    total $382,844

  • 9 · Other employee benefits

    total $65,108

  • 10 · Payroll taxes

    total $43,018

  • 11a · Fees: management

    total $1,665,626

  • 12 · Advertising and promotion

    total $203,487

  • 13 · Office expenses

    total $78,661

  • 14 · Information technology

    total $59,164

  • 16 · Occupancy

    total $21,837

  • 17 · Travel

    total $101,095

  • 19 · Conferences, conventions and meetings

    total $38,064

  • 23 · Insurance

    total $61,136

  • 24a · Other expenses: EVENTS

    total $8,155,193

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,587 · end of year $10,905

  • 2 · Savings and temporary cash investments

    beginning of year $7,912,270 · end of year $2,975,845

  • 4 · Accounts receivable

    beginning of year $3,810 · end of year $27,473

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,283,180 · end of year $2,544,567

  • 15 · Other assets

    beginning of year $3,133 · end of year $450

  • 17 · Accounts payable and accrued expenses

    beginning of year $326,641 · end of year $199,011

  • 19 · Deferred revenue

    beginning of year $9,231,482 · end of year $3,086,708

  • 27 · Net assets without donor restrictions

    beginning of year -$343,143 · end of year $2,273,521

Mission and programs · 2024

Mission

TO DRIVE ECONOMIC BENEFIT AND SUPPORT MEANINGFUL COMMUNITY ENGAGEMENT IN THE BLOOMINGTON, MINNEAPOLIS AND ST. PAUL REGIONAL AREA BY ATTRACTING AND MANAGING WORLD CLASS SPORTING EVENTS.

  • BIG 10 2024: AS THE LOCAL ORGANIZING COMMITTEE (LOC), MINNESOTA SPORTS AND EVENTS (MNSE) IS THRILLED TO BRING BOTH THE BIG TEN WOMEN'S AND MEN'S BASKETBALL TOURNAMENTS TO TARGET CENTER. THOUSANDS OF BIG TEN ALUMNI, STUDENTS AND BASKETBALL FANS TRAVELED TO MINNESOTA OVER TWO WEEKS IN MARCH 2024 TO WITNESS SOME OF THE MOST COMPETITIVE AND EXCITING COLLEGIATE BASKETBALL IN THE COUNTRY THE HEART OF MINNEAPOLIS TRANSFORMS TO HOST ONE OF THE NATION'S MOST PRESTIGIOUS COLLEGE BASKETBALL EVENTS. ALL 14 BIG TEN CONFERENCE WOMEN'S & MEN'S BASKETBALL TEAMS DESCEND ON THE TARGET CENTER WITH THEIR EYES SET ON WINNING THE CONFERENCE TITLE. CATCH ALL YOUR FAVORITE BIG TEN TOURNAMENT TEAMS LIVE.

  • USA GYMNASTICS 2024: WHEN YOU THINK OF MINNESOTA AND GYMNASTICS, CHANCES ARE YOU THINK OF THE HEART-STOPPING, JAW-DROPPING OLYMPIC PERFORMANCES OF SUNI LEE, GRACE MCCALLUM AND JOHN ROETHLISBERGER. BUT THAT'S JUST THE BEGINNING. EVERY DAY, MINNESOTA INSPIRES THE NEXT GENERATION OF AMAZING, WORLD-CLASS GYMNASTS. WE HAVE 61 USA GYMNASTICS CLUBS ACROSS OUR STATE, AND 130 HIGH SCHOOLS WITH TEAMS COMPETING THROUGH MSHSL. THE UNIVERSITY OF MINNESOTA HAS A D1 WOMEN'S GYMNASTICS PROGRAM, AND THREE OTHER MINNESOTA UNIVERSITIES HAVE MEN'S AND WOMEN'S GYMNASTICS TEAMS COMPETING AT THE D3 LEVEL. WHEN IT COMES TO HOSTING GYMNASTICS EVENTS, MINNEAPOLIS AND ST. PAUL SCORES A PERFECT 10.

  • WORLD JUNIORS HOCKEY 2025: THE 10-NATION TOURNAMENT FEATURES THE BEST MEN'S PLAYERS IN THE WORLD UNDER 20 YEARS OF AGE AND THE 29 GAMES OF THE CHAMPIONSHIP TAKE PLACE OVER 10 DAYS. THE 2025-2026 EVENT MARKS THE 50TH ANNIVERSARY OF THE IIHF WORLD JUNIOR CHAMPIONSHIP. GRAND CASINO ARENA, HOME OF THE NHL'S MINNESOTA WILD IN SAINT PAUL, AND 3M ARENA AT MARIUCCI ON THE UNIVERSITY OF MINNESOTA CAMPUS IN MINNEAPOLIS, WILL SERVE AS THE COMPETITION VENUES.

As filed on the 2024 return.

Listed in Part VII

  • Bonnie Carlson

    CO CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Dave St Peter

    CO CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Doug Carnival

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Jill Renslow

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Wendy Blackshaw

    PRESIDENT, C

    Total calculated
    $240,000
    From this org
    $236,850
    From related orgs
    $0
    Other
    $3,150
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,500
    Bonus
    $8,350
    Other
    not reported
    Deferred
    $3,150
    Nontaxable benefits
    not reported
    Filer's total
    $240,000
  • Matthew Meunier

    DIRECTOR

    Total calculated
    $177,000
    From this org
    $175,000
    From related orgs
    $0
    Other
    $2,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,000
    Bonus
    $30,000
    Other
    not reported
    Deferred
    $2,000
    Nontaxable benefits
    not reported
    Filer's total
    $177,000
  • Laysha Ward

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lester Bagley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Melvin Tennant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Albert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phil Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shari Ballard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ethan Casson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dusty Clements

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jena Cogswell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Davidman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Peter Diessner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Drum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jaimee Hendrickson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carrie Higgs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wade Luneburg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matt Majka

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Laurie Marsh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Marshall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andrea Mokros

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Amy Rahja

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Peter Vanoverbeke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Ybarra

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Vekich

    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

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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
2024
Filed
15 November 2025
IRS schema version
2024v5.0
Source object
202503199349302220

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