United States Synchronized Swimming Foundation Inc

Organization Overview

United States Synchronized Swimming Foundation Inc, operating under the name Usa Artistic Swimming Foundation, is located in Indianapolis, IN. The organization was established in 1985. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. USA Artistic Swimming Foundation 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, USA Artistic Swimming Foundation generated $581.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.5% each year . All expenses for the organization totaled $210.3k during the year ending 12/2021. While expenses have increased by 2.3% 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

COMMITTED TO FUNDING THE GROWTH OF THE SPORT AND PREPARING TODAY'S ARTISTIC SWIMMERS TO BECOME TOMORROW'S CHAMPIONS & LEADERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT FOR PROGRAMS RUN BY USA ARTISTIC SWIMMING (FKA UNITED STATES SYNCHRONIZED SWIMMING, INC) TO FURTHER THE SPORT OF ARTISTIC SWIMMING.


GRANTS TO SUPPORT OTHER ARTISTIC SWIMMING PROGRAMS, SUCH AS COLLEGIATE PROGRAMS, OFFICIALS TRAINING AND COACH TRAINING.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Mcnamee
Secretary
$0
Beth Borland
Treasurer
$0
Karen Rosolowski
President
$0
Emma Kim
Trustee
$0
Grasy Noriega
Trustee
$0
Christine Mcmaster-Shah
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$134,094
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$83,388
Noncash contributions included in lines 1a–1f $2,609
Total Revenue from Contributions, Gifts, Grants & Similar$217,482
Total Program Service Revenue$0
Investment income $48,152
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $407,496
Net Income from Fundraising Events -$91,512
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $581,618

Grants Recieved

Over the last fiscal year, we have identified 1 grants that United States Synchronized Swimming Foundation Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Santa Clara Aquamaids Synchronized Swimming Club

Santa Clara, CA

PURPOSE: USA SYNCHRO FOUNDATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$90,493
Earnings-$1,067
Ending Balance$89,426

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