International Gymnast Hall Of Fame is located in Norman, OK. The organization was established in 1991. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Gymnast Hall Of Fame 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 12/2023, International Gymnast Hall Of Fame generated $64.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $60.1k during the year ending 12/2023. While expenses have increased by 0.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OPERATION OF GYMNASTICS HALL OF FAME AND ANNUAL INDUCTION CEREMONY. TEMPORARY LOCATION AT THE SCIENCE MUSEUM OF OKLAHOMA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Deary Board Member | 1 | $0 | |
Michael Wilson Board Member | 1 | $0 | |
John Arends Board Member | 1 | $0 | |
Bruno Klaus Board Member | 1 | $0 | |
Maria Estella DE La Torre Borja Board Member | 1 | $0 | |
Ginger Baxter Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,000 |
| Investment income | $918 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,600 |
| Other Revenue | $0 |
| Total Revenue | $64,868 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $495 |
| Occupancy, rent, utilities, and maintenance | $166 |
| Printing, publications, postage, and shipping | $252 |
| Other expenses | $59,170 |
| Total expenses | $60,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,202 |
| Other assets | $0 |
| Total assets | $229,376 |
| Total liabilities | $23,203 |
| Net assets or fund balances | $206,173 |