Cincinnati Marathon Inc
- Assets
- $1.1m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Cincinnati, OH
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 31-1571531
Organization Overview
Cincinnati Marathon Inc is located in Cincinnati, OH. The organization was established in 1998. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Cincinnati Marathon Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Marathon Inc 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, Cincinnati Marathon Inc generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cincinnati Marathon Inc has awarded 40 individual grants totaling $308,514. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AN ECONOMICALLY VIABLE, FIRST CLASS AND FUN MARATHON FOR THE PARTICIPANTS,VOLUNTEERS,SPECTATORS,AND SPONSORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST ANNUAL FLYING PIG MARATHON AND ADDITIONAL RACES THAT RAISE MONEY FOR CHARITIES. DURING THE SHORT YEAR, THE ORGANIZATION RECEIVED $149,144 IN DONATED SERVICES AND USE OF EQUIPMENT THAT ARE NOT INCLUDED IN THE EXPENSES LISTED ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iris Simpson-Bush Executive Director | Officer | 40 | $83,331 |
James Jansing Nominating Chair | OfficerTrustee | 1 | $0 |
Jamie Smith Vice Chair | OfficerTrustee | 1 | $0 |
Mary Wineberg Secretary | OfficerTrustee | 1 | $0 |
Josh Heuser Chair | OfficerTrustee | 1 | $0 |
Bob Coughlin Board Member | Trustee | 1 | $0 |
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 | $957,094 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $957,094 |
| Total Program Service Revenue | $2,063,165 |
| Investment income | $245 |
| 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 | $58,545 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,433,472 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $205,937 |
| 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. | $493,436 |
| Compensation of current officers, directors, key employees. | $226,686 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,323 |
| Payroll taxes | $38,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,387 |
| 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 | $56,711 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,197 |
| Travel | $4,956 |
| 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 | $6,644 |
| Insurance | $38,948 |
| All other expenses | $484,477 |
| Total functional expenses | $3,023,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $534,615 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $449,053 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $112,913 |
| Prepaid expenses and deferred charges | $500 |
| Net Land, buildings, and equipment | $16,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,113,202 |
| Accounts payable and accrued expenses | $102,821 |
| Grants payable | $0 |
| Deferred revenue | $703,204 |
| 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 | $806,025 |
| Net assets without donor restrictions | $307,177 |
| 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 | $1,113,202 |
Grants Awarded
Over the last fiscal year, Cincinnati Marathon Inc has awarded $93,643 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FCC FOUNDATION PURPOSE: CONTRIBUTION | $17,700 |
Cincinnati, OH PURPOSE: CONTRIBUTION | $10,000 |
Dayton, OH PURPOSE: CONTRIBUTION | $9,795 |
Loveland, OH PURPOSE: CONTRIBUTION | $9,350 |
Loveland, OH PURPOSE: CONTRIBUTION | $7,926 |
Cincinnati, OH PURPOSE: CONTRIBUTION | $6,807 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Cincinnati Marathon Inc has recieved totaling $25,111.
| Awarding Organization | Amount |
|---|---|
Wohlgemuth Herschede Foundation Rolling Meadows, IL PURPOSE: PROGRAM SUPPORT | $25,000 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Charities West Michigan Grand Rapids, MI | $13,577,921 | $21,603,747 |
Springboard Collaborative Philadelphia, PA | $12,671,655 | $22,795,961 |
Christs Home Warminster, PA | $89,380,042 | $18,912,760 |
Eight Cap Inc Orleans, MI | $2,750,464 | $18,614,954 |
Catholic Charities Of Shiawassee & Genesee Counties Flint, MI | $13,966,516 | $19,279,987 |
Wedgwood Christian Services Grand Rapids, MI | $24,031,475 | $18,911,597 |
Wheeler Mission Ministries Inc Indianapolis, IN | $56,135,021 | $28,744,599 |
Agency For Community Empowerment Of Nepa Scranton, PA | $6,588,255 | $19,491,125 |
Stark County Community Action Agency Canton, OH | $8,005,138 | $17,758,895 |
Community Action Organization Of Scioto County Inc Portsmouth, OH | $5,541,506 | $17,941,143 |
Onesight Mason, OH | $26,405,119 | $15,913,386 |
Ohio Heartland Community Action Marion, OH | $4,922,800 | $17,262,322 |