Charlotte Sports Foundation
Charlotte Sports Foundation reported $29.5 million in revenue and $30.1 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $93.69 went to program services, $5.72 to management and general costs and $0.59 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 69.2% of the total. Government grants made up 6.9%. The highest compensation it reported for one person was $618,770 (Executive Director). 7 people received more than $100,000 in reportable compensation. Revenue rose 115% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $30MFor context, the median across 237 covered recreation & sports charities: $88.05 programs, $10.89 management, $1.06 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $30MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.7% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.8% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.9% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 69.2% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $618,770 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.05% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 7 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.5 | 14.9 |
| Independent voting board members Part VI 1a–1b | 40 of 42 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCSE was formed to foster national amateur sports competition in the greater Charlotte-Mecklenburg County area and for other charitable purposes, including, but not limited to, maximizing the positive impact of the area's economy, national image and community pride by organizing and operating the neutral-site game ("NSG "NSG Event"), Jumpman Invitational ("Jumpman "Jumpman Event"), and Ally Tipoff ("Ally Tipoff Event") sanctioned by the NCAA
CCFB was formed to foster national amateur sports competition in the greater Charlotte-Mecklenburg County area and for other charitable purposes, including, but not limited to, maximizing the positive impact of the area's economy, national image and community pride by organizing and operating a Football Bowl Subdivision college football game (the "CCFB Event") sanctioned by the National Collegiate Athletic Association (the "NCAA")
CCF was formed to foster national amateur sports competition in the greater Charlotte-Mecklenburg County area and for other charitable purposes, including, but not limited to, maximizing the positive impact on the area's economy, national image and community pride by organizing and operating the Atlantic Coast Conference Football Championship Game (the "CCF Event")
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Executive Director Director/trustee, officer, 40.0 hrs/week | $555,760 | $0 | $63,010 | $618,770 |
| Chief Operating Officer Officer, 40.0 hrs/week | $373,144 | $0 | $61,627 | $434,771 |
| Director of Ticket Sales and Service Highest compensated employee, 40.0 hrs/week | $144,855 | $0 | $41,778 | $186,633 |
| Director of Communications and Media Highest compensated employee, 40.0 hrs/week | $131,915 | $0 | $19,745 | $151,660 |
| Director of Sponsorship Sales Highest compensated employee, 40.0 hrs/week | $109,456 | $0 | $37,847 | $147,303 |
| Director of Administration and Events Highest compensated employee, 40.0 hrs/week | $116,581 | $0 | $16,190 | $132,771 |
| Director of Ticket Operations Highest compensated employee, 40.0 hrs/week | $103,649 | $0 | $24,252 | $127,901 |
7 people received more than $100,000 in reportable compensation from Charlotte Sports Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $929K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b42 · 40 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 58
- Volunteers Part I, line 6150
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| IMG Worldwide Tennis | $2,085,000 |
| LUQUIRE Marketing | $312,935 |
| COC Football LLC Assessments | $110,850 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Charlotte Sports Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charlotte Sports Foundation, you can publish a response that is linked from this page.
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Of every $100 Charlotte Sports Foundation spent in FY2025, $93.69 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Florida State University Athletics AssociationTallahassee, FL · revenue $29M · programs 100.0% · FY2025
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- Eastside Community Center QalicbTacoma, WA · revenue $28M · programs 2.5% · 2024
- Prospect Park AllianceBrooklyn, NY · revenue $30M · programs 81.5% · FY2025
- Eastern NationalFort Washington, PA · revenue $28M · programs 81.3% · FY2025
All recreation & sports charities · Largest charities in North Carolina
Questions people ask
How much of Charlotte Sports Foundation's spending goes to programs?
In the fiscal year ending March 31, 2025, Charlotte Sports Foundation reported that 93.7% of its $30.1 million in expenses went to program services, 5.7% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Charlotte Sports Foundation pay its top executive?
The largest total compensation Charlotte Sports Foundation reported for one person in the fiscal year ending March 31, 2025 was $618,770, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Charlotte Sports Foundation get its money?
Of $29.5 million in revenue in the fiscal year ending March 31, 2025, 20.8% came from contributions and grants (including 6.9% from government grants) and 69.2% from program service revenue (Form 990, Part VIII).
Is Charlotte Sports Foundation a registered charity?
The IRS lists EIN 46-2059715 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202543229349302534 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202540459349301224 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202333179349307143 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202340449349301489 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202133269349300108 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202033429349301013 · read the filing
All filings for EIN 46-2059715: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.