Gainesville Sports Organizing Committee Inc
- Assets
- $1.2m
- Revenue
- $850.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Gainesvile, FL
- Founding
- 04/1995
- Data as of
- 12/2023
- EIN
- 59-2959383
Organization Overview
Gainesville Sports Organizing Committee Inc, operating under the name Gainesville Sports Commission, is located in Gainesvile, FL. The organization was established in 1995. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Gainesville Sports Commission employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gainesville Sports Commission 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, Gainesville Sports Commission generated $850.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $805.2k during the year ending 12/2023. While expenses have increased by 12.7% per year over the past 9 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.
Since 2017, Gainesville Sports Commission has awarded 48 individual grants totaling $868,963. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND ESTABLISH SPORTING EVENTS IN ALACHUA, COUNTY, FLORIDA AND TO ATTRACT ADDITIONAL EVENTS TO THE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND ESTABLISH SPORTING EVENTS IN ALACHUA COUNTY, FLORIDA AND TO ATTRACT ADDITIONAL EVENTS TO THE AREA. THE EVENTS BENEFIT THE PARTICIPANTS AND INDIRECTLY BENEFIT BUSINESSES IN ALACHUA COUNTY THROUGH THE ECONOMIC IMPACT GENERATED BY THE EVENTS. THE NUMBER OF CLIENTS SERVED IS TOO NUMEROUS TO COUNT, BUT IS ESTIMATED TO BE SEVERAL THOUSAND.
THE ORGANIZATION'S PURPOSE IS TO SUPPORT AND ESTABLISH SPORTING EVENTS IN ALACHUA COUNTY, FLORIDA AND TO ATTRAT ADDITIONAL EVENTS TO THE AREA. THE EVENTS BEENFIT THE PARTICIPANTS AND INDIRECTLY BENEFIT BUSINESSES IN ALACHUA COUNTY THROUGH THE ECONOMIC IMPACT GENERATED BY THE EVENTS. THE NUMBER OF CLIENT SERVED IS TOO NUMEROUS TO COUNTY, BUT IS ESTIMATE TO BE SEVERAL THOUSAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Anderson Board Member | OfficerTrustee | 1 | $0 |
Carlene Baker Board Member | Trustee | 1 | $0 |
John Broska Board Member | Trustee | 1 | $0 |
Bruce Cribbs Board Member | Trustee | 1 | $0 |
Marty Dempsey Secretary | OfficerTrustee | 2 | $0 |
James Divirgilio Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $79,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $718,119 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $797,619 |
| Total Program Service Revenue | $41,884 |
| Investment income | $11,065 |
| 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 | $850,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $223,978 |
| 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 | $219,886 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,403 |
| Payroll taxes | $18,127 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,551 |
| Advertising and promotion | $93,463 |
| Office expenses | $72,095 |
| Information technology | $4,222 |
| Royalties | $0 |
| Occupancy | $38,971 |
| Travel | $22,232 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,266 |
| Interest | $314 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,041 |
| Insurance | $10,316 |
| All other expenses | $0 |
| Total functional expenses | $805,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,646 |
| Savings and temporary cash investments | $565,383 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $162,347 |
| 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 | $43,100 |
| Net Land, buildings, and equipment | $28,069 |
| Investments—publicly traded securities | $288,423 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,242,968 |
| Accounts payable and accrued expenses | $14,619 |
| Grants payable | $0 |
| Deferred revenue | $63,817 |
| 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 | $332,607 |
| Total liabilities | $411,043 |
| Net assets without donor restrictions | $831,925 |
| 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 | $1,242,968 |
Grants Awarded
Over the last fiscal year, Gainesville Sports Organizing Committee Inc has awarded $223,978 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF ALACHUA PURPOSE: SPORTS TOURISM | $7,000 |
EASTON NEWBERRY SPORTS COMPLEX PURPOSE: SPORTS TOURISM | $20,323 |
FLORIDA ASSOCIATION BASKETBALL COAC PURPOSE: SPORTS TOURISM | $30,000 |
HIGH SPRINGS BMX PURPOSE: SPORTS TOURISM | $7,000 |
INSIDER EXPOSURE PURPOSE: SPORTS TOURISM | $11,000 |
JACKSONVILLE MAGIC INC PURPOSE: SPORT TOURISM | $6,000 |