Skip to content
Nonprofiteer
← MUNCIE SPORTS COMMISSION INC

Form 990 for tax year 2023

Filed by MUNCIE SPORTS COMMISSION INC.

Totals

Total revenue
-$1,076,958
Total expenses
$211,881
Contributions and grants received
$80,000
Grants paid
$0
Program service revenue
$25,472
Investment income
-$1,182,430
Other revenue
$0
Total assets, end of year
$508,141
Total liabilities, end of year
$860
Net assets or fund balances, end of year
$507,281
Program services expenses (Part IX)
$190,296
Management and general expenses
$21,585
Fundraising expenses
$0
Program service expenses (Part III)
$190,296

Program services were 89.8% 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

    $80,000

  • 2a · Program service revenue: SPONSORSHIPS

    total $9,550 · related or exempt $9,550

  • 2b · Program service revenue: EVENT REVENUE

    total $9,172 · related or exempt $9,172

  • 2c · Program service revenue: ICE LEAGUE REIMBURSEMENTS

    total $6,750 · related or exempt $6,750

  • 7a · Gross sales of assets other than inventory

    other assets $758,362

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

    other assets $1,940,792

  • 7c · Gain or loss

    other assets -$1,182,430

  • 7d · Net gain or loss

    total -$1,182,430 · excluded -$1,182,430

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $63,000 · program services $56,700 · management and general $6,300

  • 10 · Payroll taxes

    total $5,523 · program services $4,970 · management and general $553

  • 11b · Fees: legal

    total $7,534 · program services $7,534

  • 11c · Fees: accounting

    total $822 · management and general $822

  • 11g · Fees: other

    total $9,240 · program services $9,240

  • 12 · Advertising and promotion

    total $3,794 · program services $3,319 · management and general $475

  • 14 · Information technology

    total $1,171 · management and general $1,171

  • 16 · Occupancy

    total $15,660 · program services $6,900 · management and general $8,760

  • 20 · Interest

    total $5,490 · program services $5,490

  • 22 · Depreciation, depletion and amortization

    total $69,426 · program services $69,426

  • 23 · Insurance

    total $7,935 · program services $6,381 · management and general $1,554

  • 24a · Other expenses: EVENT EXPENSES

    total $12,964 · program services $12,964

  • 24b · Other expenses: MISCELLANEOUS

    total $6,832 · program services $6,832

  • 24c · Other expenses: DUES & MEMBERSHIPS

    total $1,950 · management and general $1,950

  • 24d · Other expenses: PROPERTY TAXES

    total $540 · program services $540

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $63,155 · end of year $508,141

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $1,733,852 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $887 · end of year $860

  • 27 · Net assets without donor restrictions

    beginning of year $1,796,120 · end of year $507,281

Mission and programs · 2023

Mission

THE MUNCIE SPORTS COMMISSION EXISTS TO ATTRACT, CREATE, HOST, AND SUPPORT SPORTING EVENTS AND RECREATIONAL OPPORTUNITIES FOR DELAWARE COUNTY, INDIANA.

  • THE MUNCIE SPORTS COMMISSION OVERSEES THE CITY OF CHAMPIONS. THE CITY OF CHAMPIONS IS A HIGH SCHOOL BOYS BASKETBALL TOURNAMENT DESIGNED TO HIGHLIGHT MUNCIE'S RICH BASKETBALL HISTORY.

    Expenses $37,480 · Revenue $14,052

  • THE MUNCIE SPORTS COMMISSION OVERSEES THE OPERATIONS OF THE ICE LEAGUE. THE ICE LEAGUE IS AN INNOVATIVE BASKETBALL LEAGUE THAT LEVERAGES MIDDLE SCHOOL-AGED STUDENTS' LOVE OF SPORTS WHILE PROMOTING STELLAR ACADEMICS.

    Expenses $34,192 · Revenue $6,750

  • THE MUNCIE SPORTS COMMISSION OVERSEES THE CARDINAL CLASSIC. THE CARDINAL CLASSIC IS A MULTI-WEEKEND TOURNAMENT SERIES FOR HIGH SCHOOL-AGED BOYS BASEBALL TRAVELING TEAMS.

    Expenses $15,805 · Revenue $4,670

  • Expenses $102,819

As filed on the 2023 return.

Listed in Part VII

  • Richard Crist

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Cliff Johnson

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Daniel Maggart

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Dan Wolfert

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Matt Sauter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ted Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Trammell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Megan O'Connor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tj Weir

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tim Eakins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brad Edmondson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Harrington

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laura Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Justin Phillips

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Foerster

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jon Anderson

    EXECUTIVE DIRECTOR

    Total calculated
    $63,000
    From this org
    $63,000
    From related orgs
    $0
    Other
    $0
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349317716

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.