Sport and Entertainment Corporation of Maryland
Sport and Entertainment Corporation of Maryland reported $14.4 million in revenue and $11.3 million in expenses for calendar year 2023. Of every $100 it spent, $92.53 went to program services, $5.33 to management and general costs and $2.14 to fundraising. Its largest source of revenue was contributions and grants: 89.4% of the total. Government grants made up 27.2%. The highest compensation it reported for one person was $175,000 (PRESIDENT OF MARYLAND 5 STAR). 1 person received more than $100,000 in reportable compensation. Revenue rose 1987% between 2020 and 2023. Source: Form 990, 2023.
Where $100 of spending went
Calendar year 2023 · Form 990, Part IX, line 25 · total expenses $11MFor 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
Calendar year 2023 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 10.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.1% | 1.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.05 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 89.4% | 25.2% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 27.2% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 10.4% | 61.0% |
| Highest reported compensation Part VII-A, columns D–F | $175,000 | $365,322 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.55% | 2.14% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.3 | 14.9 |
| Independent voting board members Part VI 1a–1b | 1 of 1 | 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
2023 · Form 990, Part III · the three largest programs by expenseMARYLAND 5 STAR AT FAIR HILL - The Fair Hill Organizing Committee was created to deliver, plan, manage and oversee all aspects of the activities that take place at the Maryland 5 Star at Fair Hill, event to begin in 2020
MARYLAND CYCLING CLASSIC - Marylands first UCI PROSERIES tour stop The Maryland Cycling Classic Organizing Committee is charged with delivering, planning, managing and overseeing all aspects of the activities that take place at the inaugural Maryland Cycling Classic & Festival September 2021
Highest reported compensation
2023 · 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 |
|---|---|---|---|---|
| PRESIDENT OF MARYLAND 5 STAR Listed in Part VII, 40.00 hrs/week | $175,000 | $0 | $0 | $175,000 |
1 people received more than $100,000 in reportable compensation from Sport and Entertainment Corporation of Maryland (Part VII, line 2). Compensation of current officers, directors and key employees totaled $175K (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2023 · 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–1b1 · 1 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- 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 54
- Volunteers Part I, line 6400
Private foundation grants it received
1 private foundation reported grants to Sport and Entertainment Corporation of Maryland totaling $500K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Sport and Entertainment Corporation of Maryland's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sport and Entertainment Corporation of Maryland, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Sport and Entertainment Corporation of Maryland spent in 2023, $92.53 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Atlanta Track ClubAtlanta, GA · revenue $14M · programs 92.3% · 2024
- Usta Player DevelopmentPurchase, NY · revenue $14M · programs 80.6% · 2024
- Plano Sports AuthorityPlano, TX · revenue $14M · programs 79.7% · FY2025
- Fort Mason CenterSan Francisco, CA · revenue $14M · programs 82.9% · 2024
- Hudson Valley Golf FoundationCornwall, NY · revenue $14M · programs 78.5% · 2024
All recreation & sports charities · Largest charities in Maryland
Questions people ask
How much of Sport and Entertainment Corporation of Maryland's spending goes to programs?
In calendar year 2023, Sport and Entertainment Corporation of Maryland reported that 92.5% of its $11.3 million in expenses went to program services, 5.3% to management and general and 2.1% to fundraising (Form 990, Part IX).
How much does Sport and Entertainment Corporation of Maryland pay its top executive?
The largest total compensation Sport and Entertainment Corporation of Maryland reported for one person in calendar year 2023 was $175,000, for the role of PRESIDENT OF MARYLAND 5 STAR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Sport and Entertainment Corporation of Maryland get its money?
Of $14.4 million in revenue in calendar year 2023, 89.4% came from contributions and grants (including 27.2% from government grants) and 10.4% from program service revenue (Form 990, Part VIII).
Is Sport and Entertainment Corporation of Maryland a registered charity?
The IRS lists EIN 83-4686104 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2023: Form 990 for calendar year 2023, object 202403529349301310 · read the filing · XML
- 2022: Form 990 for calendar year 2022, object 202323209349303077 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223219349300437 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103129349304085 · read the filing
All filings for EIN 83-4686104: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.