Greater Kansas City Sports Foundation is located in Kansas City, MO. The organization was established in 1990. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Kansas City Sports Foundation 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 Kansas City Sports Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DRIVE KANSAS CITY'S OVERALL SPORTS STRATEGY, TO ENRICH THE QUALITY OF LIFE, SEE SCHEDULE O... CREATE ECONOMIC IMPACT AND RAISE VISIBILITY OF OUR REGION.
Describe the Organization's Program Activity:
PROMOTION OF AMATEUR SPORTING EVENTS
ACQUISITION OF SPORTING EVENTS
SPECIAL EVENTS HONORING ATHLETES AND COACHES OR PROMOTING SPORTS COMPETITION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis Scott Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Regina Croucher Chair | OfficerTrustee | 1 | $0 |
Adam Zieren Treasurer | OfficerTrustee | 1 | $0 |
Stacey Paine Secretary | OfficerTrustee | 1 | $0 |
Jason Booker Executive Vice Chair | OfficerTrustee | 1 | $0 |
Bruce Miller Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $31,486 |
Fundraising events | $53,237 |
Related organizations | $0 |
Government grants | $135,456 |
All other contributions, gifts, grants, and similar amounts not included above | $608,573 |
Noncash contributions included in lines 1a–1f | $26,625 |
Total Revenue from Contributions, Gifts, Grants & Similar | $828,752 |
Total Program Service Revenue | $398,809 |
Investment income | $100,385 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $36,439 |
Net Income from Fundraising Events | -$14,184 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,350,288 |
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. | $135,597 |
Compensation of current officers, directors, key employees. | $18,631 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $396,748 |
Pension plan accruals and contributions | $11,076 |
Other employee benefits | $21,039 |
Payroll taxes | $35,787 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,464 |
Fees for services: Other | $13,378 |
Advertising and promotion | $0 |
Office expenses | $125,929 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,309 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,114,571 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $793,029 |
Pledges and grants receivable | $145,456 |
Accounts receivable, net | $12,750 |
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 | $48,322 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,488,695 |
Investments—other securities | $1,680,052 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,168,304 |
Accounts payable and accrued expenses | $171,510 |
Grants payable | $0 |
Deferred revenue | $267,824 |
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 | $473,484 |
Total liabilities | $912,818 |
Net assets without donor restrictions | $3,248,201 |
Net assets with donor restrictions | $7,285 |
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 | $4,168,304 |