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Nonprofiteer
← TRIANGLE SPORTS COMMISSION INC

Form 990 for tax year 2024

Filed by TRIANGLE SPORTS COMMISSION INC.

Totals

Total revenue
$456,602
Total expenses
$469,624
Contributions and grants received
$456,602
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$53,867
Total liabilities, end of year
$1,000
Net assets or fund balances, end of year
$52,867
Program services expenses (Part IX)
$422,615
Management and general expenses
$47,009
Fundraising expenses
$0
Program service expenses (Part III)
$422,615

Program services were 90.0% 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

    $456,602

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $1,150 · management and general $1,150

  • 11g · Fees: other

    total $495 · management and general $495

  • 13 · Office expenses

    total $31,805 · management and general $31,805

  • 17 · Travel

    total $11,823 · management and general $11,823

  • 20 · Interest

    total $16 · management and general $16

  • 22 · Depreciation, depletion and amortization

    total $1,720 · management and general $1,720

  • 24a · Other expenses: 2029 FISU WORLD UNIV GAME

    total $404,611 · program services $404,611

  • 24b · Other expenses: NC SWIMMING HALL OF FAME

    total $18,004 · program services $18,004

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $67,408 · end of year $32,889

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

    $1,720

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

    $1,720

  • 15 · Other assets

    end of year $20,978

  • 25 · Other liabilities

    beginning of year $519 · end of year $1,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $66,889 · end of year $52,867

Mission and programs · 2024

Mission

TO PROMOTE THE TRIANGLE (RALEIGH/DURHAM/CHAPEL HILL/CARY, NC) AS A PREMIER SPORTS DESTINATION AND SEEK TO POSITIVELY IMPACT THE REGION THROUGH ONE OF THE COUNTRY'S FASTEST GROWING INDUSTRIES - SPORTS TOURISM.

  • THE TRIANGLE SPORTS COMMISSION WAS AWARDED THE 2029 WORLD UNIVERSITY GAMES ON JANUARY 10, 2023 BY THE INTERNATIONAL UNIVERSITY SPORTS FEDERATION (FISU) AT A CEREMONY IN LAKE PLACID, NEW YORK, PRIOR TO THE START OF THE 2023 WINTER WORLD UNIVERSITY GAMES IN LAKE PLACID. DURING 2024, TSC WAS PRIMARILY FOCUSED ON THE PLANNING AND ORGANIZING OF THE 2029 GAMES.

    Expenses $404,611 · Revenue $436,630

  • THE NC SWIMMING HALL OF FAME: THE NC SWIMMING HALL OF FAME WAS FOUNDED IN 1985 TO RECOGNIZE OUTSTANDING ACHIEVEMENTS IN, AND CONTRIBUTIONS TO, THE SPORT OF SWIMMING IN NORTH CAROLINA. THE HALL RECOGNIZES ACHIEVEMENTS ACROSS ALL MAJOR AQUATIC SPORTS INCLUDING DIVING, MASTERS SWIMMING, OPEN WATER SWIMMING, SYNCHRONIZED SWIMMING, AND WATER POLO. THIS EVENT WAS HELD IN 2023.

    Expenses $18,004 · Revenue $19,972

As filed on the 2024 return.

Listed in Part VII

  • McLean Bradshaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Hill Carrow

    DIRECTOR / C

    Total calculated
    $0
    Hours/week
    10

  • Carter Cole

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Nan Hannah

    CHAIR, BOD

    Total calculated
    $0
    Hours/week
    1

  • Brian Hoyle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Susan Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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
2024
Filed
13 November 2025
IRS schema version
2024v5.0
Source object
202513219349320276

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