Totals
- Total revenue
- $27,647,703
- Total expenses
- $30,935,785
- Contributions and grants received
- $5,128,305
- Grants paid
- $1,922,968
- Program service revenue
- $21,181,051
- Investment income
- $150,886
- Other revenue
- $1,187,461
- Total assets, end of year
- $14,876,274
- Total liabilities, end of year
- $21,449,577
- Net assets or fund balances, end of year
- -$6,573,303
- Program services expenses (Part IX)
- $22,396,323
- Management and general expenses
- $8,539,462
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $22,396,323
Program services were 72.4% 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.
-
1d · Related organizations
$228,000
-
1f · All other contributions, gifts and grants
$4,900,305
-
1g · Noncash contributions included above
$1,770,579
-
2a · Program service revenue: MEMBER SERVICES
total $13,786,140 · related or exempt $13,786,140
-
2b · Program service revenue: NATIONAL EVENT REVENUES
total $5,745,631 · related or exempt $5,745,631
-
2c · Program service revenue: PROGRAM EVENTS & CLINICS
total $1,293,958 · related or exempt $1,293,958
-
2d · Program service revenue: COMMUNICATIONS
total $355,322 · related or exempt $355,322
-
3 · Investment income
total $120,886 · excluded $120,886
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
other assets $30,000
-
7c · Gain or loss
other assets $30,000
-
7d · Net gain or loss
total $30,000 · excluded $30,000
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$405,983
-
10b · Cost of goods sold
$34,218
-
10c · Net income from sales of inventory
total $371,765 · related or exempt $245,266 · excluded $126,499
-
11a · Other revenue: SANCTION FEES/FINES
total $692,325 · excluded $692,325
-
11b · Other revenue: INSURANCE SETTLEMENT
total $91,765 · excluded $91,765
-
11c · Other revenue: ADVERTISING
total $1,885 · excluded $1,885
-
11d · All other revenue
total $29,721 · excluded $29,721
-
11e · Other revenue, total
$815,696
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $345,483 · program services $345,483
-
2 · Grants to domestic individuals
total $1,577,485 · program services $1,577,485
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,889,898 · program services $1,251,463 · management and general $638,435
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $3,609,510 · program services $2,390,164 · management and general $1,219,346
-
8 · Pension plan contributions
total $193,831 · program services $128,352 · management and general $65,479
-
9 · Other employee benefits
total $516,209 · program services $341,826 · management and general $174,383
-
10 · Payroll taxes
total $347,054 · program services $229,814 · management and general $117,240
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $286,454 · management and general $286,454
-
11c · Fees: accounting
total $268,947 · management and general $268,947
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,675,330 · program services $1,355,393 · management and general $319,937
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $2,317,309 · program services $1,596,537 · management and general $720,772
-
14 · Information technology
total $199,918 · program services $57,546 · management and general $142,372
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,489,441 · program services $1,219,668 · management and general $269,773
-
17 · Travel
total $6,056,412 · program services $5,820,705 · management and general $235,707
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $146,479 · management and general $146,479
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $101,269 · management and general $101,269
-
23 · Insurance
total $3,573,083 · program services $6,223 · management and general $3,566,860
-
24a · Other expenses: EVENT PRODUCTION
total $2,563,520 · program services $2,561,694 · management and general $1,826
-
24b · Other expenses: HONORARIUM & GIFTS
total $1,694,899 · program services $1,691,608 · management and general $3,291
-
24c · Other expenses: ATHLETE, CLUB & COACH SUPP.
total $803,610 · program services $803,610
-
24d · Other expenses: SECURITY
total $386,295 · program services $386,295
-
24e · All other expenses
total $893,349 · program services $632,457 · management and general $260,892
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,209,337 · end of year $6,743,092
-
2 · Savings and temporary cash investments
beginning of year $3,100,434 · end of year $2,902,326
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $1,567,541 · end of year $1,537,706
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $244,636 · end of year $210,419
-
9 · Prepaid expenses and deferred charges
beginning of year $384,221 · end of year $2,526,673
-
10a · Land, buildings and equipment: cost or other basis
$513,088
-
10b · Land, buildings and equipment: accumulated depreciation
$275,530
-
10c · Land, buildings and equipment, net
beginning of year $338,827 · end of year $237,558
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $830,125 · end of year $718,500
-
17 · Accounts payable and accrued expenses
beginning of year $6,464,864 · end of year $1,849,138
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $6,409,762 · end of year $9,809,116
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $5,240,588 · end of year $4,937,068
-
25 · Other liabilities
beginning of year $845,126 · end of year $4,854,255
-
27 · Net assets without donor restrictions
beginning of year -$3,285,219 · end of year -$7,241,494
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $668,191
Mission and programs · 2023
Mission
USA GYMNASTICS IS THE DESIGNATED NATIONAL GOVERNING BODY OF THE OLYMPIC SPORT OF GYMNASTICS. THE ORGANIZATION WAS SO DESIGNATED BY THE UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE (USOPC). USA GYMNASTICS IS ALSO THE UNITED STATES REPRESENTATIVE TO THE FDRATION INTERNATIONALE DE GYMNASTIQUE (FIG), AN ORGANIZATION WHOSE PURPOSE IS TO PROMOTE THE DEVELOPMENT OF THE SPORT OF GYMNASTICS THROUGHOUT THE WORLD. IN ADDITION TO ORGANIZING THE OLYMPIC AND WORLD GYMNASTICS TEAMS AND OTHER NATIONAL TEAMS, USA GYMNASTICS SUPPORTS AND PROMOTES THE SPORT OF GYMNASTICS THROUGH ATHLETE AND COACH DEVELOPMENT, EVENT SANCTIONING, SAFETY, AND EDUCATION.
Activities or mission (Part I)
USA GYMNASTICS IS THE DESIGNATED NATIONAL GOVERNING BODY FOR THE SPORT OF GYMNASTICS IN THE UNITED STATES.
-
PROGRAM SERVICES - USA Gymnastics has the responsibility to select, develop, and train the gymnastics national and Olympic teams. Expenses include travel to international competitions, training camps, athlete and coach support, apparel, judges, development and training, and early talent identification. The six program disciplines include Women's Artistic, Men's Artistic, Rhythmic, Trampoline & Tumbling, Acrobatics, and Parkour.
Expenses $12,112,860 · Grants $1,922,968 · Revenue $1,281,189
-
HOSTED COMPETITIONS - As the national governing body of the sport of gymnastics, USA Gymnastics conducts regional, national, and international competitions, including the National Championships and Olympic Trials. USA Gymnastics incurs all expenses related to the events, including, but not limited to, travel, arena rental, promotion, staffing, awards, and television production.
Expenses $4,497,347 · Revenue $5,973,450
-
MEMBER SERVICES - USA Gymnastics has over 200,000 members affiliated with over 2,500 independently operated organizations to which it provides a variety of services and benefits. Benefits include participant accident insurance coverage to competing members and liability coverage to hosts of sanctioned competitions. USA Gymnastics also conducts safety certification, which is required of professional members, develops rules and policies that govern the conduct of events, and conducts the ongoing operation of administration. USA Gymnastics supports and promotes the sport of gymnastics through athlete and coach development, event sanctioning, safety, and education.
Expenses $2,866,920 · Revenue $13,786,141
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Li Li LeungLI LI LEUNG
CHIEF EXECUTIVE OFFICER
- Total calculated
- $632,567
- From this org
- $577,925
- From related orgs
- $0
- Other
- $54,642
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $507,925
- Bonus
- $70,000
- Other
- $0
- Deferred
- $36,000
- Nontaxable benefits
- $18,642
- Filer's total
- $632,567
-
Lauryn TurnerLAURYN TURNER
CHIEF OPERATING OFFICER
- Total calculated
- $318,958
- From this org
- $275,573
- From related orgs
- $0
- Other
- $43,385
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $245,573
- Bonus
- $30,000
- Other
- $0
- Deferred
- $18,172
- Nontaxable benefits
- $25,213
- Filer's total
- $318,958
-
Debbie ShonDEBBIE SHON
CHIEF LEGAL OFFICER
- Total calculated
- $272,980
- From this org
- $240,647
- From related orgs
- $0
- Other
- $32,333
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $234,647
- Bonus
- $6,000
- Other
- $0
- Deferred
- $13,915
- Nontaxable benefits
- $18,418
- Filer's total
- $272,980
-
Stefanie KorepinSTEFANIE KOREPIN
CHIEF PROGRAM OFFICER
- Total calculated
- $267,342
- From this org
- $226,648
- From related orgs
- $0
- Other
- $40,694
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $220,648
- Bonus
- $6,000
- Other
- $0
- Deferred
- $15,481
- Nontaxable benefits
- $25,213
- Filer's total
- $267,342
-
Kimberly KranzKIMBERLY KRANZ
CHIEF OF ATHLETE WELLNESS
- Total calculated
- $239,742
- From this org
- $216,862
- From related orgs
- $0
- Other
- $22,880
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $210,862
- Bonus
- $6,000
- Other
- $0
- Deferred
- $13,220
- Nontaxable benefits
- $9,660
- Filer's total
- $239,742
-
Erica KovenERICA KOVEN
CHIEF MEMBERSHIP OFFICER
- Total calculated
- $202,532
- From this org
- $174,773
- From related orgs
- $0
- Other
- $27,759
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $168,023
- Bonus
- $6,750
- Other
- $0
- Deferred
- $11,252
- Nontaxable benefits
- $16,507
- Filer's total
- $202,532
-
Jill GeerJILL GEER
CHIEF COMM & MKTG OFFICER
- Total calculated
- $189,221
- From this org
- $178,284
- From related orgs
- $0
- Other
- $10,937
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $171,534
- Bonus
- $6,750
- Other
- $0
- Deferred
- $9,910
- Nontaxable benefits
- $1,027
- Filer's total
- $189,221
-
Kelly FeilkeKELLY FEILKE
VP PARTNERSHIPS & EVENT MARKET
- Total calculated
- $176,674
- From this org
- $150,066
- From related orgs
- $0
- Other
- $26,608
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $150,066
- Bonus
- $0
- Other
- $0
- Deferred
- $1,395
- Nontaxable benefits
- $25,213
- Filer's total
- $176,674
-
Anne HeffernonANNE HEFFERNON
VP OF WOMEN'S PROGRAM IN WOMEN
- Total calculated
- $150,231
- From this org
- $131,585
- From related orgs
- $0
- Other
- $18,646
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $128,585
- Bonus
- $3,000
- Other
- $0
- Deferred
- $9,039
- Nontaxable benefits
- $9,607
- Filer's total
- $150,231
-
Bernadette M BarronBERNADETTE M BARRON
CFO (THRU 11/23)
- Total calculated
- $143,000
- From this org
- $143,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Brett McClureBRETT MCCLURE
MEN'S HIGH PERFORMANCE DIR.
- Total calculated
- $142,092
- From this org
- $132,722
- From related orgs
- $0
- Other
- $9,370
- Hours/week
- 50
-
Jennifer BedsoleJENNIFER BEDSOLE
CFO (EFF. 8/23)
- Total calculated
- $52,039
- From this org
- $45,640
- From related orgs
- $0
- Other
- $6,399
- Hours/week
- 50
-
Kimberly TillKIMBERLY TILL
DIRECTOR
- Total calculated
- $480
- From this org
- $480
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Kathryn CarsonKATHRYN CARSON
BOARD CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
Justin TomanJUSTIN TOMAN
BOARD VICE CHAIR/SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Brent LangBRENT LANG
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Lois BinghamLOIS BINGHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Dylan CarneyDYLAN CARNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Kittia CarpenterKITTIA CARPENTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Logan DooleyLOGAN DOOLEY
Athlete Director
- Total calculated
- $0
- Hours/week
- 3
-
Sarah FinneganSARAH FINNEGAN
Athlete Director
- Total calculated
- $0
- Hours/week
- 3
-
Serena LuSERENA LU
Athlete Director
- Total calculated
- $0
- Hours/week
- 3
-
Tasha Schwikert MoserTASHA SCHWIKERT MOSER
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jessica RenteriaJESSICA RENTERIA
ATHLETE DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Rebecca SeredaREBECCA SEREDA
Athlete Director
- Total calculated
- $0
- Hours/week
- 3
-
Staci SlaughterSTACI SLAUGHTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Julie SpringwaterJULIE SPRINGWATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Brandon WynnBRANDON WYNN
Athlete Director
- Total calculated
- $0
- Hours/week
- 3
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 · Form 990 of other organizations
- 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
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NATIONAL GYMNASTICS FOUNDATION INC
501(C)(3) · FUNDRAISING · IN · controlled entity
Directly controlled by USA GYMNAST
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433129349300538
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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