Austin Commission On Sports is located in Austin, TX. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Commission On Sports is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Austin Commission On Sports generated $76.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $541.4k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RECRUIT, RETAIN AND GROW PROFESSIONAL, COLLEGIATE AND AMATEUR SPORTING EVENTS TO THE GREATER AUSTIN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AUSTIN SPORTS COMMISSION GENERATED 129,873 HOTEL ROOM NIGHTS, EXCEEDING THEIR GOAL OF 102,000 ROOM NIGHTS. THE AUSTIN SPORTS COMMISSION WAS RECOGNIZED BY SPORTS EVENTS & TRAVEL ASSOCIATION AS THE SPORTS COMMISSION OF THE YEAR (POPULATION OVER 500K) FOR THEIR EFFORTS IN 2023.SIGNIFICANT BOOKINGS INCLUDE: - AUSTIN CONTINUES TO MAKE STRIDES AT BEING A MAJOR HUB FOR THE SPORT OF SOCCER, HOSTING A USWNT INTERNATIONAL FRIENDLY & THE CONCACAF NATIONS LEAGUE QUARTERFINALS BETWEEN THE USMNT & TRINIDAD & TOBAGO. A) Q2 STADIUM HAS HOSTED A US MEN'S OR WOMEN'S NATIONAL TEAM MATCH EVERY YEAR SINCE OPENING IN 2021. - THE SAN ANTONIO SPURS PLAYED TWO REGULAR SEASON GAMES IN AUSTIN AT THE MOODY CENTER. THE FIRST TIME THE CITY HAS HOSTED THE NATIONAL BASKETBALL ASSOCIATION IN MARKET FOR REGULAR SEASON MATCHUPS. - THE LAST YEAR OF THE WORLD GOLF CHAMPIONSHIPS DELL TECHNOLOGIES MATCH PLAY WAS A MAJOR SUCCESS, WITH INCREASED ATTENDANCE AS THE EVENT CONCLUDES AFTER AN 8-YEAR STINT IN AUSTIN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberly Mcneeley Director | Trustee | 1 | $0 |
Jack Murray Immediate Past Chair | Trustee | 1 | $0 |
Taje Allen Director | Trustee | 1 | $0 |
Adam Bauman Ms Rph Director | Trustee | 1 | $0 |
Michael Delay Director | Trustee | 1 | $0 |
Laura Dixon Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $76,625 |
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 | $76,625 |
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 | $76,625 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $217,196 |
Pension plan accruals and contributions | $10,548 |
Other employee benefits | $19,560 |
Payroll taxes | $12,082 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $737 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,281 |
Information technology | $646 |
Royalties | $0 |
Occupancy | $54,024 |
Travel | $0 |
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 | $0 |
Insurance | $2,663 |
All other expenses | $0 |
Total functional expenses | $541,365 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $142,445 |
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 | $142,445 |
Accounts payable and accrued expenses | $1,229,870 |
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 | $1,229,870 |
Net assets without donor restrictions | -$1,087,425 |
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 | $142,445 |