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Nonprofiteer
← INDIANAPOLIS MONUMENTAL MARATHON

Form 990 for tax year 2023

Filed by INDIANAPOLIS MONUMENTAL MARATHON.

Totals

Total revenue
$1,985,256
Total expenses
$1,952,183
Contributions and grants received
$431,918
Grants paid
$77,800
Program service revenue
$1,504,360
Investment income
-$3,544
Other revenue
$52,522
Total assets, end of year
$1,760,221
Total liabilities, end of year
$45,149
Net assets or fund balances, end of year
$1,715,072
Program services expenses (Part IX)
$1,705,969
Management and general expenses
$132,043
Fundraising expenses
$114,171
Program service expenses (Part III)
$1,705,969

Program services were 87.4% 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

    $431,918

  • 1g · Noncash contributions included above

    $128,480

  • 2a · Program service revenue: MONUMENTAL MARATHON EV

    total $1,322,697 · related or exempt $1,322,697

  • 2b · Program service revenue: INDY HALF EVENT REVENU

    total $135,844 · related or exempt $135,844

  • 2c · Program service revenue: MONUMENTAL MILE EVENT

    total $19,374 · related or exempt $19,374

  • 2d · Program service revenue: MKM & DONATIONS

    total $18,887 · related or exempt $18,887

  • 2e · Program service revenue: ROAD TO LADY VICTORY

    total $6,134 · related or exempt $6,134

  • 2f · All other program service revenue

    total $1,424 · related or exempt $1,424

  • 3 · Investment income

    total $49,870 · excluded $49,870

  • 7a · Gross sales of assets other than inventory

    securities $337,410

  • 7b · Less cost or other basis and sales expenses

    securities $390,824

  • 7c · Gain or loss

    securities -$53,414

  • 7d · Net gain or loss

    total -$53,414 · excluded -$53,414

  • 10a · Gross sales of inventory

    $171,501

  • 10b · Cost of goods sold

    $118,979

  • 10c · Net income from sales of inventory

    total $52,522 · related or exempt $52,522

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $77,800 · program services $77,800

  • 5 · Compensation of officers, directors and key employees

    total $192,069 · program services $134,449 · management and general $28,810 · fundraising $28,810

  • 7 · Other salaries and wages

    total $306,163 · program services $214,315 · management and general $45,924 · fundraising $45,924

  • 8 · Pension plan contributions

    total $11,780 · program services $8,246 · management and general $1,767 · fundraising $1,767

  • 9 · Other employee benefits

    total $52,993 · program services $37,095 · management and general $7,949 · fundraising $7,949

  • 10 · Payroll taxes

    total $35,131 · program services $24,591 · management and general $5,270 · fundraising $5,270

  • 11c · Fees: accounting

    total $5,286 · management and general $5,286

  • 11f · Fees: investment management

    total $11,520 · management and general $11,520

  • 11g · Fees: other

    total $121,917 · program services $111,229 · management and general $5,344 · fundraising $5,344

  • 12 · Advertising and promotion

    total $84,245 · program services $74,811 · management and general $815 · fundraising $8,619

  • 13 · Office expenses

    total $15,001 · program services $10,055 · management and general $3,430 · fundraising $1,516

  • 15 · Royalties

    total $4,855 · program services $4,855

  • 16 · Occupancy

    total $22,760 · program services $19,269 · management and general $3,465 · fundraising $26

  • 17 · Travel

    total $11,348 · program services $7,944 · management and general $1,702 · fundraising $1,702

  • 19 · Conferences, conventions and meetings

    total $3,133 · program services $2,193 · management and general $627 · fundraising $313

  • 22 · Depreciation, depletion and amortization

    total $84 · program services $84

  • 23 · Insurance

    total $36,965 · program services $25,875 · management and general $5,545 · fundraising $5,545

  • 24a · Other expenses: MONUMENTAL MARATHON EXP

    total $736,643 · program services $736,643

  • 24b · Other expenses: INDY HALF

    total $117,763 · program services $117,763

  • 24c · Other expenses: MILE/ROAD TO LADY VICTO

    total $50,599 · program services $50,599

  • 24d · Other expenses: MKM - PROGRAM EXPENSES

    total $37,715 · program services $37,715

  • 24e · All other expenses

    total $16,413 · program services $10,438 · management and general $4,589 · fundraising $1,386

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,576 · end of year $13,275

  • 2 · Savings and temporary cash investments

    beginning of year $1,411,999 · end of year $1,588,424

  • 4 · Accounts receivable

    beginning of year $36,747 · end of year $57,661

  • 8 · Inventories for sale or use

    beginning of year $39,151 · end of year $84,276

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,711 · end of year $16,564

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

    $18,475

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

    $18,454

  • 10c · Land, buildings and equipment, net

    beginning of year $105 · end of year $21

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,214 · end of year $45,149

  • 19 · Deferred revenue

    beginning of year $3,470 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,358,605 · end of year $1,546,284

  • 28 · Net assets with donor restrictions

    beginning of year $150,000 · end of year $168,788

Mission and programs · 2023

Mission

ACTIVELY SUPPORTING YOUTH HEALTH AND WELL-BEING BY PROVIDING ACCESS TO EXCEPTIONAL EVENTS AND PROGRAMS CENTERED AROUND THE SPORT OF RUNNING. EDUCATING INDIANAPOLIS YOUTH ABOUT THE BENEFITS OF EXERCISE, PROPER DIET, AND HEALTHY LIVING. PROMOTING HEALTH, PHYSICAL FITNESS, AND WELLNESS IN THE INDIANAPOLIS COMMUNITY. UTILIZING PROCEEDS FROM EVENTS AND FUNDRAISING ACTIVITIES, SPECIFICALLY A MARATHON, TO HELP FUND LOCAL EDUCATION INITIATIVES AND PROGRAMS CENTERED AROUND THE SPORT OF RUNNING.

Activities or mission (Part I)

ACTIVELY SUPPORTING YOUTH HEALTH AND WELL-BEING BY PROVIDING ACCESS TO EXCEPTIONAL EVENTS AND PROGRAMS CENTERED AROUND THE SPORT OF RUNNING.

  • BEYOND MONUMENTAL HOSTS THREE EXCEPTIONAL RUNNING EVENTS, THE INDIANAPOLIS 5K AND MONUMENTAL MILE, THE INDY HALF AT FORT BEN (5K, 10K AND HALF-MARATHON), AND THE CNO FINANCIAL INDIANAPOLIS MONUMENTAL MARATHON (5K, HALF-MARATHON, MARATHON)PROCEEDS FROM THESE EVENTS ARE USED TO PROMOTE YOUTH HEALTH AND WELLNESS IN CENTRAL INDIANA, AS WELL AS TO RAISE FUNDS TO SUPPORT STUDENT PARTICIPATION IN THE APEX BENEFITS MONUMENTAL KIDS' MOVEMENT. SINCE 2021, THE BEYOND MONUMENTAL BOARD OF DIRECTORS HAS ANNUALLY SET ASIDE $150K OF ITS EARNINGS EACH YEAR TO HELP FUND AND SUPPORT THE PROGRAMMING OF THE APEX BENEFITS MONUMENTAL KIDS MOVEMENT.IN 2023, BEYOND MONUMENTAL OFFERED A NEW 5K DISTANCE AT OUR JUNE KICKOFF EVENT, THE INDIANAPOLIS 5K AND MONUMENTAL MILE. IN JUNE, WE ALSO HOSTED THE USATF MASTERS ONE-MILE CHAMPIONSHIP, BRINGING HUNDREDS OF NEW RUNNERS TO THE CITY OF INDIANAPOLIS. WE CONTINUED TO OFFER THE NEW 10K DISTANCE AT OUR INDY HALF AT FORT BEN RACE. AND, IN 2024, THE INDY HALF AT FORT BEN WILL HOST THE USATF MASTERS HALF MARATHON CHAMPIONSHIPS.

    Expenses $1,590,454 · Revenue $1,537,995

  • THE APEX BENEFITS MONUMENTAL KIDS MOVEMENT IS A SEVEN-TO-NINE-WEEK, CURRICULUM-BASED YOUTH RUNNING PROGRAM THAT CULMINATES WITH STUDENTS RUNNING A 5K. THIS BI-WEEKLY PROGRAM FOCUSES ON EDUCATING STUDENTS ABOUT THE BENEFITS OF EXERCISE, PROPER DIET, AND HEALTHY LIVING.IN 2023, THE APEX BENEFITS MONUMENTAL KIDS MOVEMENT CONTINUED AND EXPANDED ITS IN PERSON PARTICIPATION FOR SCHOOLS WITHIN SEVERAL CENTRAL INDIANA SCHOOL DISTRICTS INCLUDING: INDIANAPOLIS PUBLIC SCHOOLS, AS WELL AS LAWRENCE, PERRY, PIKE, AND WASHINGTON TOWNSHIP SCHOOL DISTRICTS.ON SEPTEMBER 30, 2023, BEYOND MONUMENTAL HOSTED THE 2ND ANNUAL APEX BENEFITS MONUMENTAL KIDS MOVEMENT 5K RACE AND HEALTH EXPO. THIS IS A STAND-ALONE EVENT, HELD JUST FOR THE PARTICIPANTS OF THE MKM PROGRAM. MORE THAN 20 HEALTH AND WELLNESS VENDORS CAME OUT TO THE GROUNDS OF LUCAS OIL STADIUM TO HOST A HEALTH EXPO FOR OVER 3,000 PARTICIPANTS, PARENTS, AND MENTORS PRIOR TO AND DURING THE 5K RACE THAT STARTED AND ENDED AT LUCAS OIL STADIUM. THE BEYOND MONUMENTAL BOARD OF DIRECTORS ONCE AGAIN SET ASIDE RESTRICTED FUNDS TO BE USED FOR THE MKM PROGRAM TOTALING $150,000. IN ADDITION TO THE BOARD DESIGNATED FUNDS, BEYOND MONUMENTAL RAISED AN ADDITIONAL 87,429 THROUGH SPONSORSHIPS AND RACE PARTICIPANT DONATIONS FOR 2023 PROGRAMMING. CASH DONATIONS OF $77,800 WERE PAID OUT TO PARTICIPATING SCHOOL DISTRICTS AND OTHER YOUTH HEALTH AND WELLNESS FOCUSED CHARITIES. OTHER PROGRAMMING AND EVENT COSTS TOTALED $37,716. ADDITIONALLY, BEYOND MONUMENTAL ESTIMATES AN ANNUAL ALLOCATION OF SALARIES AND OTHER EMPLOYEE RELATED EXPENSES OF $57,757 DIRECTLY TIED TO THE APEX BENEFITS MONUMENTAL KIDS MOVEMENT PROGRAM AND EVENT. SINCE THE INCEPTION OF THE APEX BENEFITS' MONUMENTAL KIDS MOVEMENT, WITH THE GENEROSITY OF OUR PARTNERS, PARTICIPANTS, AND OUR BOARD OF DIRECTORS OUR PROGRAM IS HAVING A DIRECT AND POSITIVE INFLUENCE ON THE HEALTH AND WELLNESS OF THE YOUTH IN OUR COMMUNITY. WE HAVE BEEN ABLE TO: EMPOWER MORE THAN 30,694 STUDENTS TO LEARN AND BE ACTIVE THROUGH THE PROGRAM. SUPPORT 2,684 VOLUNTEERS WHO HAVE SERVED AS PROGRAM MOTIVATORS TO ENGAGE AND INSPIRE THE STUDENTS PARTICIPATING IN THE PROGRAM; AND DONATE OVER $1.6 MILLION TO LOCAL PUBLIC HEALTH AND WELLNESS EDUCATION.AT ITS ANNUAL MEETING IN JANUARY 2024, THE BEYOND MONUMENTAL BOARD OF DIRECTORS AGAIN VOTED TO CONTINUE TO HAVE A TOTAL OF $150,000 IN RESTRICTED FUNDS FOR 2024 APEX BENEFITS MONUMENTAL KIDS MOVEMENT PROGRAMMING.IN 2024, HEALTH AND WELLNESS PROGRAMMING WILL CONTINUE, AND STUDENTS WILL AGAIN BE ABLE TO PARTICIPATE IN A STAND-ALONE 5K EVENT. WE ARE LOOKING TO ADD SOME NEW AND EXCITING ELEMENTS TO THE STAND-ALONE EVENT IN 2024. AND AS ALWAYS, THE PROGRAM IS CONTINUALLY LOOKING TO EXPAND WITHIN ITS CURRENT SCHOOL DISTRICTS AS WELL AS ADDING NEW SCHOOL DISTRICTS. MARION COUNTY SCHOOL DISTRICTS/SCHOOLS/TEACHERS/STUDENTS INTERESTED IN PARTICIPATING MAY CONTACT [email protected] FOR MORE INFORMATION.

    Expenses $115,515 · Grants $77,800 · Revenue $18,887

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JEDEDIAH CORNFORTH

    EXECUTIVE DIRECTOR

    Total calculated
    $192,069
    From this org
    $168,508
    From related orgs
    $0
    Other
    $23,561
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $153,189
    Bonus
    $15,319
    Other
    $0
    Deferred
    $7,567
    Nontaxable benefits
    $15,994
    Filer's total
    $192,069
  • BRAD SUGARMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • ALLY BRETTNACHER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • MAURY PLAMBECK

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • GINA MILLER

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • DOUGLAS BALOGH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • BRYANA SCHREIBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ASHLEY HAYNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MIKE HEARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • VOP OSILI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN STILLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROCCO TARASI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DENNIS MULLEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DARREN THOMAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • IRMA TRAGESSER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • AHMED YOUNG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CARLTON RAY

    FOUNDER/EMERITUS

    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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 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
  • 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

The filer's explanations (Part III)

PART I, LINE 1A
THE ORGANIZATION INCLUDES HEALTH CLUB MEMBERSHIP FEES IN COMPENSATION OF OFFICER.

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

Provenance

Return type
form_990
Tax year
2023
Filed
30 July 2024
IRS schema version
2023v5.1
Source object
202412439349300231

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