Nittany Lion Wrestling Club

Organization Overview

Nittany Lion Wrestling Club is located in State College, PA. The organization was established in 1982. 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 12/2021, Nittany Lion Wrestling Club employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nittany Lion Wrestling Club 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 12/2021, Nittany Lion Wrestling Club generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.4% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT & PROMOTE AMATEUR WRESTLING BY CONDUCTING WRESTLING CAMPS, TOURNAMENTS, CLINICS, AN OLYMPIC REGIONAL TRAINING CENTER, AND RESIDENT ATHLETE PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SKILLED WRESTLING INSTRUCTIONS PROVIDED AT THE CAMPS, CLINICS, TOURNAMENTS, AND SUPPORT FOR AN OLYMPIC REGIONAL TRAINING CENTER AND RESIDENT ATHLETE PROGRAM CONDUCTED BY THE CLUB.


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Board, Officers & Key Employees

Name (title)Compensation
David Hart
Exe Dir,tre,sec
$79,640
James Martin
President
$0
Terry Chandler
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$18,505
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,274,963
Noncash contributions included in lines 1a–1f $46,465
Total Revenue from Contributions, Gifts, Grants & Similar$1,293,468
Total Program Service Revenue$0
Investment income $928,579
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $181,651
Net Income from Fundraising Events $1,028,005
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,433,571

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Nittany Lion Wrestling Club has recieved totaling $5,000.

Awarding OrganizationAmount
Alan & Vicki Levine Family Foundation Inc

Lighthouse Point, FL

PURPOSE: WRESTLING CLUB ASSISTANCE

$5,000
View Grant Recipient Profile

Peer Organizations

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