Nonprofit · EIN 31-0975117
INDIANA SPORTS CORPORATION
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $36,161,678 | $30,314,695 | $5,846,983 | $39,664,509 | $8,459,822 | $31,204,687 |
| December 31, 2023 | 990 | $22,780,255 | $9,489,598 | $13,290,657 | $36,964,077 | $12,163,400 | $24,800,677 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,546,658
- of which government grants
- $10,450,000
- Membership dues
- $402,756
- Program service revenue
- $19,426,979
- Investment income
- $1,188,997
- Net gain from sales of assets
- $199,487
- Net income from fundraising events
- -$956
- Other revenue
- -$956
Expenses
- Grants and similar amounts paid
- $613,873
- Compensation of officers, directors and key employees
- $641,610
- Other salaries and wages
- $2,733,663
- Salaries, compensation and benefits (total)
- $3,945,604
- Professional fundraising fees
- $0
- Legal fees
- $65,545
- Accounting fees
- $31,983
- Occupancy
- $321,573
- Travel
- $141,034
- Depreciation
- $91,344
- Program services (functional)
- $26,841,534
- Management and general (functional)
- $2,665,015
- Fundraising (functional)
- $808,146
Balance sheet and other
- Total assets, start of year
- $36,964,077
- Total assets, end of year
- $39,664,509
- Total liabilities, end of year
- $8,459,822
- Net assets, end of year
- $31,204,687
- Land, buildings and equipment
- $596,637
- Publicly traded securities
- $26,540,597
- Net assets without donor restrictions
- $11,367,892
- Net assets with donor restrictions
- $19,836,795
- Gross unrelated business income
- $106,250
- Gross receipts
- $37,231,433
- Employees
- 43
- Volunteers
- 2,900
- Year formed
- 1979
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK TALTY | PRESIDENT Officer | 40 | $343,294 | $104,945 |
| JEFFREY HINTZ | VICE PRESIDENT, INNOVATION Highest-paid employee | 40 | $209,137 | $12,414 |
| MICHAEL KARNUTA | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $168,217 | $33,347 |
| BRAD BOWMAN | SENIOR VP AND CFO Officer | 40 | $158,853 | $34,519 |
| CHRISTIAN DEMPSTER | SENIOR VP OF EVENTS Highest-paid employee | 40 | $172,025 | $8,793 |
| SARAH MYER | CHIEF MARKETING OFFICER Highest-paid employee | 40 | $148,586 | $31,134 |
| SANDRA BRYANT-WILLIS | CHIEF HR OFFICER Highest-paid employee | 40 | $127,184 | $17,151 |
| JULIE ROE LACH | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KARIN SARRATT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER BARTENBACH | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| STEVE SANNER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANDY CONNER | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAVE LEWIS | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOANN BROUILLETTE | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KRISTA SKIDMORE | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
45 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS DYE | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 |
| WILLIAM KNOX | COMMITTEE CHAIR Trustee or director | 2 | $0 |
| RYAN KITCHELL | DIRECTOR Trustee or director | 2 | $0 |
| TAG BIRGE | DIRECTOR Trustee or director | 2 | $0 |
| DAVID CORBITT | DIRECTOR Trustee or director | 2 | $0 |
| BRIAN BURDICK | DIRECTOR Trustee or director | 2 | $0 |
| GREGORY PORTER | DIRECTOR Trustee or director | 2 | $0 |
| MARY BOELKE | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER POPE BAKER | DIRECTOR Trustee or director | 2 | $0 |
| WILL BRYAN | DIRECTOR Trustee or director | 2 | $0 |
| BARRY COLLIER | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT KRAEGE | DIRECTOR Trustee or director | 2 | $0 |
| TERINA PERRY | DIRECTOR Trustee or director | 2 | $0 |
| MARIO RODRIGUEZ | DIRECTOR Trustee or director | 2 | $0 |
| SARAH TAYLOR | DIRECTOR Trustee or director | 2 | $0 |
| MATT ZIMPFER | DIRECTOR Trustee or director | 2 | $0 |
| JEFF HARRISON | DIRECTOR Trustee or director | 2 | $0 |
| PETE QUINN | DIRECTOR Trustee or director | 2 | $0 |
| STEVE ROGERS | DIRECTOR Trustee or director | 2 | $0 |
| JOHN HAMMOND IV | DIRECTOR Trustee or director | 2 | $0 |
| BRANDI DAVIS-HANDY | DIRECTOR Trustee or director | 2 | $0 |
| PHIL KRYDER | DIRECTOR Trustee or director | 2 | $0 |
| MICHELLE MARIETTA | DIRECTOR Trustee or director | 2 | $0 |
| MELISSA PROFFITT | DIRECTOR Trustee or director | 2 | $0 |
| JESSICA SMIDLER | DIRECTOR Trustee or director | 2 | $0 |
| JAMAL SMITH | DIRECTOR Trustee or director | 2 | $0 |
| ANTHONY WARREN | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT BEARBY | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN BRINEGAR | DIRECTOR Trustee or director | 2 | $0 |
| MARTY HILL | DIRECTOR Trustee or director | 2 | $0 |
| BETH KEYSER | DIRECTOR Trustee or director | 2 | $0 |
| DANNY LOPEZ | DIRECTOR Trustee or director | 2 | $0 |
| PATRICK MCGILL | DIRECTOR Trustee or director | 2 | $0 |
| JOSE SAMPERIO | DIRECTOR Trustee or director | 2 | $0 |
| ERIN SHAW | DIRECTOR Trustee or director | 2 | $0 |
| BILL BROOKS | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER BURK | DIRECTOR Trustee or director | 2 | $0 |
| LEONARD HOOPS | DIRECTOR Trustee or director | 2 | $0 |
| JOE SMITH JR | DIRECTOR Trustee or director | 2 | $0 |
| TOM MORRISON | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL MOHR | DIRECTOR Trustee or director | 2 | $0 |
| ED SAGEBIEL | DIRECTOR Trustee or director | 2 | $0 |
| MELANIE GREEN | DIRECTOR Trustee or director | 2 | $0 |
| RYAN VAUGHN | DIRECTOR Trustee or director | 2 | $0 |
| CINDY SIMON SKJODT | COMMITTEE CHAIR Officer | 2 | $0 |
990 for the year ended December 31, 2023: 64 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK TALTY | PRESIDENT Officer | 40 | $354,746 | $81,220 |
| MICHAEL KARNUTA | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $160,829 | $21,799 |
| JEFFREY HINTZ | VICE PRESIDENT, INNOVATION Highest-paid employee | 40 | $169,637 | $7,520 |
| BRAD BOWMAN | SENIOR VP AND CFO Officer | 40 | $152,045 | $23,147 |
| CHRISTIAN DEMPSTER | SENIOR VP OF EVENTS Highest-paid employee | 40 | $160,803 | $433 |
| SANDRA BRYANT-WILLIS | CHIEF HR OFFICER Highest-paid employee | 40 | $121,534 | $16,056 |
| SARAH MYER | CHIEF MARKETING OFFICER Highest-paid employee | 40 | $118,289 | $18,010 |
| JULIE ROE LACH | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KARIN SARRATT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER BARTENBACH | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KATHLEEN MCNEELY | PAST TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| STEVE SANNER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANDY CONNER | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAVE LEWIS | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOANN BROUILLETTE | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KRISTA SKIDMORE | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DENNIS DYE | COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM KNOX | COMMITTEE CHAIR Trustee or director | 2 | $0 | $0 |
| RYAN KITCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TAG BIRGE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAVID CORBITT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRIAN BURDICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREGORY PORTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARY BOELKE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER POPE BAKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WILL BRYAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BARRY COLLIER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT KRAEGE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TERINA PERRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARIO RODRIGUEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SARAH TAYLOR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATT ZIMPFER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFF HARRISON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PETE QUINN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEVE ROGERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN HAMMOND IV | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRANDI DAVIS-HANDY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHIL KRYDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHELLE MARIETTA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELISSA PROFFITT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JESSICA SMIDLER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAMAL SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANTHONY WARREN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT BEARBY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEVIN BRINEGAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARTY HILL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BETH KEYSER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANNY LOPEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PATRICK MCGILL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSE SAMPERIO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ERIN SHAW | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BILL BROOKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER BURK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LEONARD HOOPS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOE SMITH JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TOM MORRISON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL MOHR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ED SAGEBIEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MELANIE GREEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RYAN VAUGHN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TYLER BENNETT | PAST DIRECTOR Trustee or director | 2 | $0 | $0 |
| ED BONACH | PAST DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICK FUSON | IMMEDIATE PAST CHAIR Officer | 2 | $0 | $0 |
| CINDY SIMON SKJODT | COMMITTEE CHAIR Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 115 W WASHINGTON ST STE 1400, INDIANAPOLIS, IN 46204-4052
- Principal officer (990 for 2024)
- PATRICK TALTY, 115 W WASHINGTON ST STE 1400, INDIANAPOLIS, IN 46204
- Signed the 990
- BRAD BOWMAN, SENIOR VICE PRESIDENT AND CFO
- Phone
- (317) 237-5000
- Website
- WWW.INDIANASPORTSCORP.ORG
- Return prepared by
- KSM BUSINESS SERVICES INC
Mission
TO PERFORM CHARITABLE, EDUCATIONAL AND SIMILAR EXEMPT PURPOSES BY FOSTERING AMATEUR SPORTS COMPETITIONS IN CENTRAL INDIANA. SEE SCHEDULE O.
Program accomplishments
- U.S. OLYMPIC TEAM TRIALS - SWIMMINGExpenses $20,156,532 · revenue $14,160,621
- INDY CLASSIC - COLLEGE MEN'S BASKETBALL TOURNAMENTExpenses $2,487,287 · revenue $1,618,536
- BIG TEN FOOTBALL CHAMIPIONSHIP GAMEExpenses $1,824,874 · revenue $867,531
- Expenses $2,372,841 · grants $613,873 · revenue $2,674,041
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-0975117
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N70)
- Assets (IRS master file)
- $39,664,509
- Income (IRS master file)
- $37,231,433
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $36,161,678 | $30,314,695 | $39,664,509 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $22,780,255 | $9,489,598 | $36,964,077 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $10,763,949 | $10,585,326 | $18,180,329 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0975117).
Questions about INDIANA SPORTS CORPORATION
- What is the EIN of INDIANA SPORTS CORPORATION?
- The employer identification number (EIN) of INDIANA SPORTS CORPORATION is 31-0975117.
- Is INDIANA SPORTS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to INDIANA SPORTS CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANA SPORTS CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDIANA SPORTS CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIANA SPORTS CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INDIANA SPORTS CORPORATION?
- The 990 for the year ended December 31, 2024 names PATRICK TALTY.
- Who are the officers and directors of INDIANA SPORTS CORPORATION?
- The 990 for the year ended December 31, 2024 lists 60 people; 7 received compensation from the organization, the highest $343,294 (PATRICK TALTY, PRESIDENT).
- How much revenue does INDIANA SPORTS CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $36,161,678, expenses of $30,314,695 and total assets of $39,664,509 at year end.
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All nonprofits in INDIANAPOLIS · Indiana · Recreation and sports