Jim Thorpe Association Inc
- Assets
- $3.7m
- Revenue
- $904.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Oklahoma City, OK
- Founding
- 01/1989
- Data as of
- 12/2022
- EIN
- 73-1306116
Organization Overview
Jim Thorpe Association Inc, operating under the name Oklahoma Sports Hall Of Fame, is located in Oklahoma City, OK. The organization was established in 1989. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Oklahoma Sports Hall Of Fame employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Sports Hall Of Fame 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 12/2022, Oklahoma Sports Hall Of Fame generated $904.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $792.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER LOCAL AND NATIONAL SPORTS COMPETITION BY RECOGNIZING AND HONORING OUTSTANDING PERSONALITIES WITH ACHIEVEMENT AWARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE JIM THORPE MUSEUM, OKLAHOMA SPORTS HALL OF FAME, IN OKLAHOMA CITY. THE MUSEUM PRESERVES THE HISTORY OF JIM THORPE BOTH AS AN INDIVIDUAL AND AS AN ATHLETE. IT ALSO FOCUSES ON THE ACTIVITIES OF THE JIM THORPE ASSOCIATION. THE CENTRAL GALLERY OF THE MUSEUM IS THE HALL OF CHAMPIONS.
THORPE TEAM OF 100 - A UNIQUE AND INCREDIBLY VITAL CAMPAIGN OPPORTUNITY WITHIN THE OKLAHOMA SPORTS HALL OF FAME. OUR PURPOSE IS TO ENCOURAGE EXCELLENCE THROUGH SPORTS, ACADEMICS, HEALTH AND FITNESS; PRESERVING OUR SPORTS HERITAGE, WHILE BUILDING PRIDE IN THE SPIRIT OF JIM THORPE. HOW WE REACH OUR PURPOSE BEGINS WITH JUST ONE.WITH THE CHALLENGE OUR STATE'S SCHOOLCHILDREN FACE WHEN IT COMES TO DRUGS, ALCOHOL, TOBACCO AND VAPING, WE ARE COMMITTED TO BRINGING GREATER ATTENTION TO THIS ASTONISHING EPIDEMIC. WE ACTIVELY WORK WITH OVER 2,000 PUBLIC AND PRIVATE SCHOOLS ACROSS OKLAHOMA THROUGH OUR RED RIBBON AND BRIGHT PATH YOUTH PROGRAMS.AS A MEMBER OF THE THORPE TEAM OF 100, YOU ARE PARTNERING WITH US TO HELP MAKE A DIFFERENCE IN THE LIVES OF THOUSANDS OF SCHOOL CHILDREN ACROSS OKLAHOMA. BY BEING ONE OF THE ONE HUNDRED, YOU WILL BE SOWING INTO ALL OF OUR TREASURED YOUTH PROGRAMS; INCLUDING, BRIGHT PATH, THE CHILDREN'S CHALLENGE AND, AS MENTIONED ABOVE, OKLAHOMA'S LARGEST DRUG FREE INITIATIVE, RED RIBBON CAMPAIGN.
OKLAHOMA SPORTS HALL OF FAME BANQUET - ANNUAL INDUCTION CEREMONIES RECOGNIZING OKLAHOMA'S GREATEST SPORTS FIGURES. PROMOTES POSITIVE ROLE MODELS, FOSTERING SPORTS COMPETITION AND ENCOURAGING EXCELLENCE AND CHARACTER.THORPE AWARD BANQUET - ANNUAL AWARD PRESENTATION AND BANQUET RECOGNIZING AMERICA'S BEST COLLEGIATE DEFENSIVE BACK, THE OKLAHOMA HIGH SCHOOL ALL-STATE FOOTBALL TEAM AND OTHERS. FOSTERS SPORTS COMPETITION, PROMOTES POSITIVE ROLE MODELS, AND ENCOURAGES EXCELLENCE AND GOOD CHARACTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregg Vandaveer Chairman | OfficerTrustee | 2 | $0 |
Frank Naifeh Secretary/treasurer | OfficerTrustee | 2 | $0 |
Michael James President | OfficerTrustee | 40 | $119,792 |
Brian Alford Vice Chairman | OfficerTrustee | 2 | $0 |
Roy Biship Director | Trustee | 2 | $0 |
J Ted Bonham Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $208,164 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $208,164 |
| Total Program Service Revenue | $752,106 |
| Investment income | $10,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$65,632 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $904,711 |
| 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. | $119,792 |
| Compensation of current officers, directors, key employees. | $35,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,054 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,370 |
| Payroll taxes | $26,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,844 |
| Advertising and promotion | $2,942 |
| Office expenses | $19,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,068 |
| Travel | $32,801 |
| 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 | $29,186 |
| Insurance | $7,383 |
| All other expenses | -$64,082 |
| Total functional expenses | $792,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,337 |
| Savings and temporary cash investments | $1,569,058 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $17,383 |
| Net Land, buildings, and equipment | $762,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,378,409 |
| Total assets | $3,738,051 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| 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 | $3,738,051 |
| Total liabilities and net assets/fund balances | $3,738,051 |