United States Masters Swimming Inc

Organization Overview

United States Masters Swimming Inc is located in Sarasota, FL. The organization was established in 1984. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, United States Masters Swimming Inc employed 17 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. United States Masters Swimming 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 12/2021, United States Masters Swimming Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $3.4m during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

U.S. MASTERS SWIMMING, FOUNDED IN 1970 AS A COMMITTEE OF THE AAU, IS A MEMBERSHIP-OPERATED NATIONAL GOVERNING BODY THAT PROMOTES HEALTH, WELLNESS, FITNESS, AND COMPETITION FOR ADULTS, THROUGH SWIMMING. IT DOES SO BY PARTNERING WITH MORE THAN 1,115 ADULT SWIM PROGRAMS ACROSS THE COUNTRY; PROVIDING EXCLUSIVE CONTENT VIA THE BIMONTHLY MEMBER MAGAZINE, SWIMMER, MONTHLY E-NEWSLETTERS, STREAMLINES, AND WEBSITE, USMS.ORG; AND BY SANCTIONING AND PROMOTING POOL, OPEN WATER, AND VIRTUAL EVENTS AND COMPETITIONS. MORE THAN 55,000 ADULTS ARE REGISTERED MEMBERS OF U.S. MASTERS SWIMMING.

Describe the Organization's Program Activity:

MEMBER SERVICES INCLUDE: EXCLUSIVE FITNESS AND HEALTH INFORMATION AND CONTENT IN SWIMMER MAGAZINE, 36 E-NEWSLETTERS, AND WEBSITE, SPECIAL MEMBERS-ONLY CONTENT INCLUDING WORKOUTS WRITTEN FOR ALL TYPES OF SWIMMERS. THE USMS DISCUSSION FORUMS HAVE 39,000+ USERS, AND USMS ONLINE FITNESS LOGS HAVE 10,000+ USERS. SUPPLEMENTAL INSURANCE COVERAGE IS PROVIDED FOR MEMBERS AND EVENT HOSTS DURING WORKOUTS, CLINICS, AND COMPETITIONS. MEMBERS ARE ALSO ELIGIBLE TO RECEIVE SPECIAL OFFERS, DISCOUNTS, AND BENEFITS FROM USMS SPONSOR PARTNERS. THE SWIMMING SAVES LIVES FOUNDATION, THE CHARITABLE ARM OF USMS, HAS AWARDED MORE THAN $740,000 IN GRANTS AND RESOURCES TO PROGRAMS THAT ARE PROVIDING ADULT LEARN-TO-SWIM OPPORTUNITIES. MORE THAN 8,650 ADULTS HAVE BENEFITED FROM LESSONS TAUGHT BY OUR PROGRAM PARTNERS. CCS IS THE COLLECTIVE ORGANIZATION THAT UNIFIES COLLEGE CLUB SWIM PROGRAMS ACROSS THE COUNTRY. CCS PROVIDES THE RULES, CALENDAR OF EVENTS, RESULTS DATABASE, AND COMMUNICATIONS ACROSS ALL REGISTERED CCS CLUBS. IT'S RUN BY AN ADVISORY BOARD OF CCS SWIMMERS AND SUPPORTED BY USMS AND 3900+ MEMBERS.


EDUCATION SERVICES INCLUDE: CLUB DEVELOPMENT AND SUPPORT BY USMS STAFF AND COACHES TO ASSIST CLUBS AND POTENTIAL CLUBS IN EXPANDING OR STARTING NEW PROGRAMS IN THEIR COMMUNITIES. MARKETING RESOURCES ARE PROVIDED AT LOW OR NO COST TO CLUBS AND COACHES. USMS MAINTAINS ITS OWN COACH CERTIFICATION PROGRAMS IN PERSON AND ONLINE. USMS ALSO TEACHES AN ADULT-LEARN-TO SWIM INSTRUCTOR PROGRAM AND STROKE CLINICS.


EVENTS INCLUDE: STRUCTURE, SUPPORT, RECOGNITION, AND COMMUNICATION SERVICES FOR SWIMMING COMPETITIONS AND EVENTS, INCLUDING SPRING AND SUMMER NATIONALS, OPEN WATER SWIMS, LONG DISTANCE POOL SWIMS, COLLEGE CLUB NATIONALS, FITNESS EVENTS, AND VIRTUAL COMPETITIONS. EVENT RESULTS, INCLUDING TOP 10 TIMES AND RECORDS, ARE TRACKED AT USMS.ORG. INSURANCE COVERAGE FOR EVENT HOSTS AND VOLUNTEERS IS PROVIDED, AS WELL AS MARKETING AND PRODUCT SUPPORT, INTERNET BROADCAST OF THE COMPETITIONS, AND AWARDS. IN-PERSON EVENTS WERE RESUMED AS MUCH AS POSSIBLE IN 2021 AFTER COVID-19 RESTRICTIONS AND CONTINUED WITH NATIONAL VIRTUAL EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Lowry Dawson Hughes IV
CEO
$199,535
Susan Parker
CFO
$112,895
Kyle Deery
Cmo
$94,064
Peter Guadagni
President
$0
Ed Coates
VP Of Local Operations
$0
Chris Colburn
VP Of Administration
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $275,631
All other contributions, gifts, grants, and similar amounts not included above$334,175
Noncash contributions included in lines 1a–1f $18,634
Total Revenue from Contributions, Gifts, Grants & Similar$609,806
Total Program Service Revenue$2,663,775
Investment income $142,966
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$32
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,454,621

Grants Awarded

Over the last fiscal year, United States Masters Swimming Inc has awarded $48,928 in support to 3 organizations.

Grant RecipientAmount

Walnut Creek, CA

PURPOSE: COVID-19 RELIEF FUNDING - MATCHING GRANT

$30,172

SOUTHERN PACIFIC LMSC

Org PageRecipient Profile

Sunland, CA

PURPOSE: COVID-19 RELIEF FUNDING - MATCHING GRANT

$11,776

Chicago, IL

PURPOSE: COVID-19 RELIEF FUNDING - MATCHING GRANT

$6,980
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that United States Masters Swimming Inc has recieved totaling $19,770.

Awarding OrganizationAmount
Hamilton County Community Foundation Inc

Fishers, IN

PURPOSE: 2021 Distribution

$19,405
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$115
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$388,093
Earnings$107,986
Other Expense$3,386
Grants$19,405
Ending Balance$473,288

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