Tennessee Sports Hall Of Fame Inc
- Assets
- $703.4k
- Revenue
- $418.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Nashville, TN
- Founding
- 09/1969
- Data as of
- 12/2023
- EIN
- 23-7036422
Organization Overview
Tennessee Sports Hall Of Fame Inc is located in Nashville, TN. The organization was established in 1969. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Sports Hall Of Fame Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tennessee Sports Hall Of Fame Inc generated $418.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $332.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE TENNESSEE SPORTS HALL OF FAME HONORS THE OUTSTANDING ACHIEVEMENTS OF TENNESSEANS IN THE REALM OF SPORTS TO PERPETUATE THE MEMORY OF THEIR CAREERS AND SERVICE, AND TO PROVIDE A PERMANENT HALL OF FAME FOR THE DISPLAY OF MEMENTOS AND SOUVENIRS COMMEMORATING THEIR CONTRIBUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2023 THE TENNESSEE SPORTS HALL OF FAME MAINTAINED AN ARCHIVE OF SPORTS MEMORABILIA LOCATED IN DOWNTOWN NASHVILLE, TN. SCHOOL CHILDREN, SPORTS FANS, AND CITIZENS OF THE STATE, THROUGHOUT THE YEAR VISITED THE TENNESSEE SPORTS HALL OF FAME. LONG TERM GOALS ARE TO CONTINUE TO MAKE IMPROVEMENTS TO THE MUSEUM AND TO INCREASE THE NUMBER OF VISITORS BY MAKING THE PUBLIC MORE AWARE OF ITS EXISTENCE. IN 2023 THE HALL HAD 45078 VISITORS PASS THROUGH THE MUSEUM.
THE TENNESSEE SPORTS HALL OF FAME HELD THE ANNUAL INDUCTION CEREMONY AND CREATED A TV SPECIAL. THE PURPOSE OF THE BANQUET IS TO HONOR THOSE INDIVIDUALS AND TEAMS IN THE STATE WHO EXHIBIT AND CONTRIBUTE TO THE SPIRIT OF SPORTSMANSHIP AND GENTEEL COMPETITION AS WELL AS EXCELLENCE IN THEIR CHOSEN SPORT.
EAST TENNESSEE COMMUNITY FOUNDATION SCHOLARSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Willis Executive Director | Officer | 40 | $98,903 |
Mark Ezell Executive Committee Chair | Trustee | 1 | $0 |
Phillip Fulmer Board President | Trustee | 1 | $0 |
Harold Graeter Vice-President | Trustee | 1 | $0 |
Julie Bennett Board Member | Trustee | 1 | $0 |
Dane Bradshaw Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $53,240 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,364 |
| Total Program Service Revenue | $255,487 |
| Investment income | $8,123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $417,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,904 |
| Compensation of current officers, directors, key employees. | $98,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,800 |
| Payroll taxes | $7,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,455 |
| Advertising and promotion | $44 |
| Office expenses | $1,482 |
| Information technology | $4,786 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,667 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $213 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,330 |
| Insurance | $0 |
| All other expenses | $3,011 |
| Total functional expenses | $332,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,075 |
| Savings and temporary cash investments | $123,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,536 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $252,672 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $703,443 |
| Accounts payable and accrued expenses | -$2 |
| Grants payable | $0 |
| Deferred revenue | $65,354 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $65,352 |
| Net assets without donor restrictions | $385,419 |
| Net assets with donor restrictions | $252,672 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $703,443 |