Indy College Football Playoff Inc
- Assets
- $931.0k
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Indianapolis, IN
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 82-5522893
Organization Overview
Indy College Football Playoff Inc is located in Indianapolis, IN. The organization was established in 2020. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Indy College Football Playoff Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indy College Football Playoff 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 12/2022, Indy College Football Playoff Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 72.9% each year . All expenses for the organization totaled $4.3m 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 PROMOTE THE GENERAL WELFARE OF THE GREATER INDIANAPOLIS-AREA COMMUNITY AND BRING ABOUT CIVIC BENEFITS AND SOCIAL IMPROVEMENTS BY HOSTING THE 2022 COLLEGE FOOTBALL PLAYOFF GAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES INCLUDED MANAGING, PROMOTING, AND PREPARING INDIANAPOLIS AND THE SURROUNDING AREAS FOR AN ENTERTAINING, SAFE, AND COMPREHENSIVE CELEBRATION OF THE 2022 COLLEGE FOOTBALL PLAYOFF FOR THE PUBLIC WELFARE OF THE INDIANA COMMUNITY. IN CONNECTION WITH HOSTING THE NATIONAL CHAMPIONSHIP FOOTBALL GAME, THE CORPORATION ORGANIZED AND LED ANCILLARY EVENTS INCLUDING FAN FESTIVALS, MEDIA DAY, FREE PUBLIC CONCERTS, AND EDUCATIONAL COMPONENTS - EVENTS THAT PROVIDED BENEFIT TO PEOPLE OF ALL AGES WITHIN THE INDIANA COMMUNITY AND BEYOND. IN CONNECTION WITH HOSTING SUCH EVENTS, THE CORPORATION DESIGNED LEGACY PROJECTS THAT WILL HAVE A LASTING POSITIVE IMPACT ON THE COMMUNITY, PARTICULARLY IN THE AREA OF RECOGNITION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR TEACHERS, ENHANCEMENT TO EDUCATION SPACES, AND EDUCATIONAL EFFORTS WITH CHILDREN. EVENTS IN RECOGNITION AND SUPPORT OF TEACHERS INCLUDED A TASTE OF THE CHAMPIONSHIP FEATURING LOCAL CUISINE, A 5K RUN, A TEACHERS SUMMIT, AND OTHER RECOGNITION OPPORTUNITIES FOR NATIONAL AND STATE TEACHERS OF THE YEAR. THE CORPORATION ENGAGED WITH MANY VOLUNTEERS AROUND THE CITY, THUS FOSTERING AND INCREASING THE SENSE OF COMMUNITY CONNECTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Bobinski Director | Trustee | 2 | $0 |
Bill Brooks Director | Trustee | 2 | $0 |
Michael Browning Director | Trustee | 2 | $0 |
Murray Clark Director | Trustee | 2 | $0 |
John Federici Treasurer | OfficerTrustee | 2 | $0 |
Claire Fiddian-Green Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dodd Technologies Equipment Rentals | 12/30/22 | $274,671 |
Sport Graphics Inc Printing, Design | 12/30/22 | $279,136 |
Solomon Group Productions Llc Entertainment, Production | 12/30/22 | $206,143 |
Visit Indy Venue Services | 12/30/22 | $185,545 |
Innovative Videography/production | 12/30/22 | $100,500 |
Financial Statements
| 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 | $2,915,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,915,644 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,915,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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. | $180,285 |
| Compensation of current officers, directors, key employees. | $135,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $169,457 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,243 |
| Payroll taxes | $23,829 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,240 |
| Advertising and promotion | $638,599 |
| Office expenses | $22,110 |
| Information technology | $11,592 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,144 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,922 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,460 |
| All other expenses | $52,359 |
| Total functional expenses | $4,340,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $930,970 |
| Savings and temporary cash investments | $0 |
| 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 | $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 | $930,970 |
| 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 | $930,970 |
| Total liabilities and net assets/fund balances | $930,970 |