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Nonprofiteer
← HOUSTON MARATHON COMMITTEE

Form 990 for tax year 2023

Filed by HOUSTON MARATHON COMMITTEE.

Totals

Total revenue
$6,912,221
Total expenses
$6,500,230
Contributions and grants received
$1,934,647
Grants paid
$9,953
Program service revenue
$4,863,322
Investment income
$114,252
Other revenue
$0
Total assets, end of year
$4,334,033
Total liabilities, end of year
$1,239,399
Net assets or fund balances, end of year
$3,094,634
Program services expenses (Part IX)
$6,477,156
Management and general expenses
$23,074
Fundraising expenses
$0
Program service expenses (Part III)
$6,477,156

Program services were 99.6% 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)

    $29,750

  • 1f · All other contributions, gifts and grants

    $1,904,897

  • 1g · Noncash contributions included above

    $360,000

  • 2a · Program service revenue: Race entry fees

    total $4,501,803 · related or exempt $4,501,803

  • 2b · Program service revenue: Other service fees

    total $351,315 · related or exempt $351,315

  • 2c · Program service revenue: Race expo fees

    total $10,204 · related or exempt $10,204

  • 3 · Investment income

    total $103,873 · excluded $103,873

  • 7a · Gross sales of assets other than inventory

    securities $293,070

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

    securities $282,691

  • 7c · Gain or loss

    securities $10,379

  • 7d · Net gain or loss

    total $10,379 · excluded $10,379

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,953 · program services $9,953

  • 5 · Compensation of officers, directors and key employees

    total $234,510 · program services $234,510

  • 7 · Other salaries and wages

    total $988,300 · program services $988,300

  • 8 · Pension plan contributions

    total $38,694 · program services $38,694

  • 9 · Other employee benefits

    total $108,875 · program services $108,875

  • 10 · Payroll taxes

    total $95,919 · program services $95,919

  • 11b · Fees: legal

    total $1,050 · program services $1,050

  • 11c · Fees: accounting

    total $10,250 · management and general $10,250

  • 11f · Fees: investment management

    total $4,287 · management and general $4,287

  • 11g · Fees: other

    total $34,313 · program services $34,313

  • 12 · Advertising and promotion

    total $447,801 · program services $447,801

  • 13 · Office expenses

    total $49,267 · program services $49,267

  • 14 · Information technology

    total $54,035 · program services $54,035

  • 16 · Occupancy

    total $301,754 · program services $301,754

  • 17 · Travel

    total $26,530 · program services $25,358 · management and general $1,172

  • 19 · Conferences, conventions and meetings

    total $9,659 · program services $8,428 · management and general $1,231

  • 23 · Insurance

    total $115,605 · program services $109,471 · management and general $6,134

  • 24a · Other expenses: Race course expenses

    total $1,299,112 · program services $1,299,112

  • 24b · Other expenses: Runner & Runner program

    total $1,097,421 · program services $1,097,421

  • 24c · Other expenses: Elite athlete program

    total $597,406 · program services $597,406

  • 24d · Other expenses: Convention & expo

    total $580,913 · program services $580,913

  • 24e · All other expenses

    total $394,576 · program services $394,576

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,962,462 · end of year $1,190,554

  • 2 · Savings and temporary cash investments

    end of year $805,663

  • 4 · Accounts receivable

    beginning of year $53,165 · end of year $26,640

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,213 · end of year $115,908

  • 11 · Investments: publicly traded securities

    beginning of year $1,596,373 · end of year $2,183,062

  • 15 · Other assets

    beginning of year $12,206 · end of year $12,206

  • 17 · Accounts payable and accrued expenses

    beginning of year $42,309 · end of year $32,791

  • 19 · Deferred revenue

    beginning of year $965,696 · end of year $1,206,608

  • 27 · Net assets without donor restrictions

    beginning of year $2,665,414 · end of year $3,094,634

Mission and programs · 2023

Mission

See Schedule O.The Houston Marathon Committee (HMC) will promote, plan, organize, and stage an annual multi-race running event that embodies the spirit and energy of the citizens of Houston, Texas. HMC will strive to make this event amongst the most highly respected of its kind, locally and nationally. Every person in the HMC will be committed to quality, integrity, and safety.

Activities or mission (Part I)

Organize an annual multi-race running event that embodies the spirit of Houston.

  • HMC annually organizes the nation's premier winter marathon, half-marathon, and 5K. Over 300,000 participants, volunteers, and spectators make Houston Marathon Race Day the largest single-day sporting event in Houston. The Houston annual running event is held on a weekend in January. The event includes the Houston Marathon (approximately 10,000 runners), the Houston Half-Marathon (approximately 13,500 runners), and a 5k race (approximately 5,000 runners).

    Expenses $6,477,156 · Grants $9,953 · Revenue $4,863,322

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

Listed in Part VII

  • Brant Kotch

    President

    Total calculated
    $0
    Hours/week
    3

  • Elijio Serrano

    Vice President

    Total calculated
    $0
    Hours/week
    3

  • Shannon Truman

    Treasurer

    Total calculated
    $0
    Hours/week
    3

  • Subbu Venkat

    Secretary

    Total calculated
    $0
    Hours/week
    3

  • Tracey Anthony

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mike Atkins

    Director

    Total calculated
    $0
    Hours/week
    1

  • Charlie Bass

    Director

    Total calculated
    $0
    Hours/week
    1

  • Madeline Bunch

    Director

    Total calculated
    $0
    Hours/week
    1

  • Stan Coburn

    Director

    Total calculated
    $0
    Hours/week
    1

  • Melissa Hahn

    Director

    Total calculated
    $0
    Hours/week
    1

  • Wade Morehead

    Executive Director

    Total calculated
    $224,510
    From this org
    $209,000
    From related orgs
    $0
    Other
    $15,510
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $195,000
    Bonus
    $14,000
    Other
    $0
    Deferred
    $8,360
    Nontaxable benefits
    $7,150
    Filer's total
    $224,510

  • Carly Caulfield

    Race Director

    Total calculated
    $155,853
    From this org
    $141,067
    From related orgs
    $0
    Other
    $14,786
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,667
    Bonus
    $3,400
    Other
    $0
    Deferred
    $5,643
    Nontaxable benefits
    $9,143
    Filer's total
    $155,853

  • Amanda Sandoval

    Sr. Director, Participant

    Total calculated
    $130,893
    From this org
    $117,067
    From related orgs
    $0
    Other
    $13,826
    Hours/week
    40

  • Steve Schnell

    Director, Business Development

    Total calculated
    $113,132
    From this org
    $102,400
    From related orgs
    $0
    Other
    $10,732
    Hours/week
    40

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 · Compensation committee
  • 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

Provenance

Return type
form_990
Tax year
2023
Filed
23 January 2025
IRS schema version
2023v6.0
Source object
202540239349301019

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