Mac Sports Foundation is located in St Louis, MO. The organization was established in 1991. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mac Sports 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 08/2023, Mac Sports Foundation generated $381.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $377.4k during the year ending 08/2023. While expenses have increased by 19.3% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION ENGAGES IN ACTIVITIES TO FURTHER ENCOURAGE AND RECOGNIZE OUTSTANDING ACHIEVEMENTS IN THE FILED OF ATHLETICS AND TO SELECT INDIVIDUALS FOR PUBLIC RECOGNITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISED FUNDS AND PROVIDED SEVERAL GRANTS TO OTHER 501(C)(3) PUBLIC CHARITIES.
JACK BUCK AWARDS - HONORING ST LOUIS ATHLETES, HERMANN TROPHY - ANNUAL EVENT HONORING BEST COLLEGIATE SOCCER PLAYERS, HIGH SCHOOL SOCCER ALL-STAR GAME - SOCCER SHOWCASE FOR BEST HIGH SCHOOL PLAYERS IN ST LOUIS AREA
USBWA COLLEGE BASKETBALL AWARDS - RECOGINITION EVENT HONORING BEST COLLEGIATE BASKETBALL PLAYERS AND COACHES, AS VOTED BY THE USBWA.
MAC BOXING CHAMPIONSHIP - AMATUER BOXING SHOWCASE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Beekman President | OfficerTrustee | 10 | $0 |
Brent Kaniecki Secretary | OfficerTrustee | 10 | $0 |
Nat Walsh Treasurer | OfficerTrustee | 10 | $0 |
Jarid King Director | Trustee | 5 | $0 |
Tom Ackerman Director | Trustee | 5 | $0 |
Jeff Moore Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $145,412 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $207,363 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $352,775 |
Total Program Service Revenue | $0 |
Investment income | $16 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $28,280 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $381,486 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $210,921 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,120 |
Advertising and promotion | $0 |
Office expenses | $2,145 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $377,391 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $72,491 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $120,017 |
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 | $5,146 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,144 |
Total assets | $203,798 |
Accounts payable and accrued expenses | $48,312 |
Grants payable | $0 |
Deferred revenue | $8,253 |
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 | $56,565 |
Net assets without donor restrictions | $147,233 |
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 | $203,798 |
Over the last fiscal year, Mac Sports Foundation has awarded $177,290 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
YOUTH & FAMILY CENTER PURPOSE: GENERAL SUPPORT | $124,100 |
COVENANT HOUSE PURPOSE: GENERAL SUPPORT | $17,730 |
KELLSIES HOPE FOUNDATION PURPOSE: GENERAL SUPPORT | $17,730 |
GIRLS ON THE RUN PURPOSE: GENERAL SUPPORT | $17,730 |