Greater Cleveland Sports Commission is located in Cleveland, OH. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Greater Cleveland Sports Commission employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Cleveland Sports Commission 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, Greater Cleveland Sports Commission generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $5.7m during the year ending 12/2021. While expenses have increased by 10.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GREATER CLEVELAND SPORTS COMMISSION IS TO MEASURABLY IMPROVE THE ECONOMY OF GREATER CLEVELAND AND ENRICH THE COMMUNITY BY ATTRACTING, CREATING, MANAGING AND ENHANCING SIGNIFICANT SPORTING AND COMPETITIVE EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OGREATER CLEVELAND SPORTS COMMISSION (GCSC)'S MISSION IS TO MEASURABLY IMPROVE THE ECONOMY OF GREATER CLEVELAND AND ENRICH THE COMMUNITY BY ATTRACTING, CREATING, MANAGING, AND ENHANCING SIGNIFICANT SPORTING AND COMPETITIVE EVENTS. GCSC TAKES THE UNIQUE APPROACH OF BECOMING A MANAGEMENT AND FINANCIAL PARTNER IN EACH EVENT WITH THE GOAL OF PRODUCING EVENTS THAT ARE MORE SUCCESSFUL IN CLEVELAND THAN OTHER CITIES IN WHICH THEY HAVE BEEN HELD. GCSC IS A SECTION 501(C)(3) NOT-FOR-PROFIT ORGANIZATION GOVERNED BY A COMMITTED GROUP OF TRUSTEES REPRESENTING SOME OF THE REGION'S MOST ESTEEMED PRIVATE, PUBLIC AND NOT-FOR-PROFIT INSTITUTIONS. THE ORGANIZATION'S FULL-TIME STAFF OVERSEES SPORTS DEVELOPMENT, MARKETING, COMMUNICATIONS, FUNDRAISING AND EVENTS MANAGEMENT. WE HAVE EXPERIENCED TREMENDOUS GROWTH AND THE ENTREPRENEURIAL SPIRIT ABOUNDS WITHIN THE ORGANIZATION. GCSC IS FUNDED BY CONTRIBUTIONS FROM THE BOARD OF TRUSTEES, AN ANNUAL BENEFIT, THE GREATER CLEVELAND SPORTS AWARDS, FEES FROM A PARTNERSHIP WITH THE OHIO BUREAU OF MOTOR VEHICLES, REVENUE EARNED FROM EVENTS, FOUNDATIONS AND PUBLIC SUPPORT FROM CUYAHOGA COUNTY AND THE CITY OF CLEVELAND. GCSC BOARD MEMBERS ENTHUSIASTICALLY SUPPORT THE ORGANIZATION'S OPERATING BUDGET WITH 100% OF THE BOARD PARTICIPATING IN THE CORPORATE MEMBERSHIP PROGRAM OR PROVIDING BUDGET-REDUCING VALUE IN KIND ANNUALLY. ORIGINALLY FORMED IN 1993, GCSC WAS RE-FOUNDED IN 2000. SINCE THAT TIME, GCSC HAS BEEN DIRECTLY RESPONSIBLE FOR ATTRACTING AND CREATING OVER 210 SPORTING EVENTS AND ACTIVITIES TO THE GREATER CLEVELAND AREA, GENERATING MORE THAN $830 MILLION IN ECONOMIC IMPACT. GCSC HAS ESTABLISHED ITSELF AS A REVENUE-GENERATING ENTITY THAT HAS BECOME AN INTEGRAL PART OF CLEVELAND'S ECONOMIC FUTURE. SPORTS COMMISSION EVENTS HAVE RAPIDLY BECOME VALUED COMMUNITY ASSETS. WHILE SPORTS COMMISSION EVENTS MEAN TENS OF MILLIONS OF ANNUAL DOLLARS TO THE LOCAL ECONOMY, THEY ALSO ADD MUCH MORE. CLEVELAND HAS BEEN FEATURED ON DOZENS OF HOURS OF NATIONAL TELEVISION PROGRAMS AND MORE THAN 1,000,000 FANS HAVE SEEN THE EXCITEMENT OF A VARIETY OF SPORTS COMPETITIONS. YOUTH AND COMMUNITY OUTREACH PROGRAMS ARE ROUTINELY PLANNED TO ENHANCE COMMUNITY IMPACT. AS AN ECONOMIC IMPACT STUDY CONDUCTED BY THE CSU LEVIN COLLEGE OF URBAN AFFAIRS FOR THE INTERNATIONAL CHILDREN'S GAMES (2004) CONCLUDED, "THE GAMES PRODUCED SUBSTANTIAL NON-PECUNIARY GAINS THAT COULD PROVE MORE IMPORTANT FOR THE CITY AND REGION IN THE LONG RUN. THEY PROVIDED AN OPPORTUNITY FOR PEOPLE WHO HAD NEVER BEEN TO THE REGION AND WOULD NOT HAVE VISITED OTHERWISE TO EXPERIENCE AN EXCITING, DIVERSE, AND FRIENDLY CITY. LIKEWISE, LOCAL VISITORS AND VOLUNTEERS TO THE EVENTS REPORTED THAT THEIR OWN IMPRESSIONS OF THE CITY AND REGION HAD IMPROVED BECAUSE OF THEIR POSITIVE EXPERIENCE. THEIR PRIDE IN THE REGION INCREASED AND THEY ARE MORE APPRECIATIVE OF THE REGION'S ASSETS." GCSC ALSO SPONSORS YOUTH EDUCATION THROUGH SPORTS (YES) PROGRAMS, WHICH HAVE THREE GOALS: TO PROVIDE CHILDREN WITH AN OPPORTUNITY FOR PHYSICAL ACTIVITY; TO ALLOW ACCESS TO UNIQUE EXPERIENCES; AND TO OFFER HEALTH AND WELLNESS EDUCATION. THERE ARE GENERALLY 5-7 YES PROGRAMS HELD ANNUALLY, DEPENDING ON THE SLATE OF EVENTS IN THAT YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Gilbert Exec.dir.(see Sch.j, Part | Officer | 40 | $504,894 |
Michael E Mulhall VP Of Business Development | Officer | 40 | $167,368 |
Rachel Stentz-Baugher VP Of Administration & Dev | Officer | 40 | $125,436 |
Mark Lembke VP Of Operations | Officer | 40 | $107,709 |
Cynthia Flynn Treasurer | OfficerTrustee | 1 | $0 |
Carl Grassi Vice Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $679,362 |
Government grants | $3,162,765 |
All other contributions, gifts, grants, and similar amounts not included above | $1,758,508 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,600,635 |
Total Program Service Revenue | $828,110 |
Investment income | $2,377 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $56,761 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,945,850 |
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. | $1,098,120 |
Compensation of current officers, directors, key employees. | $232,035 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $780,509 |
Pension plan accruals and contributions | $1,000 |
Other employee benefits | $88,451 |
Payroll taxes | $104,434 |
Fees for services: Management | $0 |
Fees for services: Legal | $22,106 |
Fees for services: Accounting | $53,262 |
Fees for services: Lobbying | $24,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,563 |
Fees for services: Other | $132,341 |
Advertising and promotion | $400,572 |
Office expenses | $17,306 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $120,077 |
Travel | $23,056 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,657 |
Insurance | $78,766 |
All other expenses | $0 |
Total functional expenses | $5,674,546 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,029,304 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,558,839 |
Loans from Officers, Directors, or Controlling Persons | $125,000 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,385,459 |
Net Land, buildings, and equipment | $26,578 |
Investments—publicly traded securities | $280,166 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,405,346 |
Accounts payable and accrued expenses | $329,337 |
Grants payable | $0 |
Deferred revenue | $603,756 |
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 | $933,093 |
Net assets without donor restrictions | $3,110,962 |
Net assets with donor restrictions | $5,361,291 |
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 | $9,405,346 |
Over the last fiscal year, we have identified 1 grants that Greater Cleveland Sports Commission has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
Applewood Centers Inc Shaker Heights, OH | $31,325,035 | $19,367,243 |
Yum Brands Foundation Inc Louisville, KY | $62,047,633 | $1,353,894 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Truth For Life Solon, OH | $28,565,821 | $20,814,256 |
D A Blodgett-St Johns Grand Rapids, MI | $32,947,785 | $18,508,103 |
Valley Health Care Inc Mill Creek, WV | $12,122,859 | $14,871,772 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Enterprise Center Capital Corporation Philadelphia, PA | $134,514,899 | $23,652,312 |
Mareda Inc Toledo, OH | $0 | $769,242 |
Lincoln Financial Foundation Inc Radnor, PA | $4,895,429 | $8,366,668 |
Ohio Laborers Training And Apprenticeship Fund Westerville, OH | $24,371,350 | $8,394,060 |