United States Tennis Association Inc, operating under the name USTA Central Indiana Inc, is located in Indianapolis, IN. The organization was established in 1977. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. USTA Central Indiana 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 12/2023, USTA Central Indiana Inc generated $561.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $457.3k 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
SINCE 1940 THE CENTRAL INDIANA DISTRICT OF THE USTA MIDWEST SECTION HAS BEEN FOSTERING THE LOVE OF TENNIS. OFFERING MANY DIVERSE PROGRAMS FOR ALL AGES THE DISTRICT ACHIEVES ITS GOAL OF GROWING TENNIS IN CENTRAL INDIANA DAY IN AND DAY OUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AND SUPPORT PLAYING OPPORTUNITIES IN THE FORM OF ORGANIZED LEAGUES AND TOURNAMENTS FOR ADULT MEMBERS AND THE LOCAL TENNIS COMMUNITY IN CENTRAL INDIANA.
TO PROVIDE GENERAL SUPPORT AND ADMINISTRATION TO PROMOTE TENNIS DEVELOPMENT ACROSS ALL AREAS INCLUDING ADULT JUNIOR DIVERSE AND LOCAL TENNIS COMMUNITIES
TO PROVIDE AND SUPPORT MULTIPLE PROGRAMS AND PLAYING OPPORTUNITIES FOR THE JUNIOR MEMBERS AND THE YOUTH IN THE CENTRAL INDIANA COMMUNITY. THESE PROGRAMS INCLUDE PROGRAMS PUT ON BY LOCAL TENNIS ASSOCIATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathryn Hawkins President | OfficerTrustee | 5 | $0 |
Mark Shublak 1st Vice President | OfficerTrustee | 5 | $0 |
Steve Schneider 2nd Vice President | OfficerTrustee | 5 | $0 |
Kate Keele Treasurer | OfficerTrustee | 5 | $0 |
Margot Burke Secretary | OfficerTrustee | 5 | $0 |
Mark Branaman Director At Large | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $202,441 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $202,441 |
Total Program Service Revenue | $344,324 |
Investment income | $15,153 |
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 | $561,918 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $37,500 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $193,299 |
Advertising and promotion | $580 |
Office expenses | $9,692 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,592 |
Travel | $12,305 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $600 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $210 |
All other expenses | $0 |
Total functional expenses | $457,318 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $261,822 |
Savings and temporary cash investments | $581,839 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,890 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $849,551 |
Accounts payable and accrued expenses | $31,731 |
Grants payable | $0 |
Deferred revenue | $25,877 |
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 | $57,608 |
Net assets without donor restrictions | $0 |
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 | $791,943 |
Total liabilities and net assets/fund balances | $849,551 |