United States Tennis Association Inc
- Assets
- $3.1m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 43
- Location
- Indianapolis, IN
- Founding
- 04/1977
- Data as of
- 12/2022
- EIN
- 23-7417933
Organization Overview
United States Tennis Association Inc is located in Indianapolis, IN. The organization was established in 1977. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, United States Tennis Association Inc employed 43 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. United States Tennis Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, United States Tennis Association Inc generated $9.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $9.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, United States Tennis Association Inc has awarded 42 individual grants totaling $5,599,461. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
USTA MIDWEST IS DEDICATED TO PROMOTING TENNIS PROGRAMS AND EDUCATION THROUGH VARIOUS GOALS AND OBJECTIVES. LEARN MORE ABOUT THE BENEFITS OF TENNIS AS WELL AS TENNIS AVAILABLE IN YOUR AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING TO THE DISTRICTS TO SUPPORT THEIR COMMITMENT TO THEIR MEMBERS YOUTH IN THE AREA AND ADULT POPULATION. FUNDING IS ALSO USED TO SUPPORT THE USTA MIDWEST TENNIS & EDUCATION FOUNDATION.
TENNIS PROGRAMS FOR MEMBERS AND ORGANIZATIONS IN THE MIDWEST SECTION
FUNDING PROVIDED BY THE PLATFORM FOR OUR ORGANIZATIONAL MEMBERS TO PROVIDE SERVICES TO OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Farah Past President | Trustee | 10 | $0 |
Colin Atkinson President | OfficerTrustee | 10 | $0 |
Katie Orlando Treasurer | OfficerTrustee | 10 | $0 |
Steve Hayden Vice President | OfficerTrustee | 10 | $0 |
Jeff Strassen Vice President | OfficerTrustee | 10 | $0 |
Jennifer Reinbold Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,021,822 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,118,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,140,372 |
| Total Program Service Revenue | $3,083,648 |
| Investment income | $37,611 |
| 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 | $9,267,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,871,428 |
| 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. | $879,489 |
| Compensation of current officers, directors, key employees. | $714,181 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,074,021 |
| Pension plan accruals and contributions | $202,714 |
| Other employee benefits | $540,133 |
| Payroll taxes | $193,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,104 |
| Fees for services: Accounting | $15,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $213,868 |
| Advertising and promotion | $27,200 |
| Office expenses | $218,307 |
| Information technology | $11,070 |
| Royalties | $0 |
| Occupancy | $238,720 |
| Travel | $421,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,724 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,935 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,183,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,083,629 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $183,364 |
| 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 | $542,785 |
| Net Land, buildings, and equipment | $26,478 |
| Investments—publicly traded securities | $1,234,356 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,070,612 |
| Accounts payable and accrued expenses | $356,922 |
| Grants payable | $0 |
| Deferred revenue | $422,283 |
| 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 | $257,865 |
| Total liabilities | $1,037,070 |
| Net assets without donor restrictions | $2,033,542 |
| Net assets with donor restrictions | $0 |
| 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 | $3,070,612 |
Grants Awarded
Over the last fiscal year, United States Tennis Association Inc has awarded $1,871,428 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL INDIANA TENNIS ASSOCIATION PURPOSE: Organizational Support | $190,924 |
CHICAGO DISTRICT TENNIS ASSOCIATION PURPOSE: Organizational Support | $225,332 |
MID-SOUTH ILLINOIS TENNIS ASSOCIATI PURPOSE: Organizational Support | $71,106 |
NORTHEASTERN MICHIGAN TENNIS ASSOCI PURPOSE: Organizational Support | $25,712 |
NORTHERN ILLINOIS TENNIS ASSOCIATIO PURPOSE: Organizational Support | $71,760 |
WESTERN MICHIGAN TENNIS ASSOCIATION PURPOSE: Organizational Support | $97,411 |