Arizona Sports and Entertainment Commission

Analysis

Arizona Sports and Entertainment Commission is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arizona Sports and Entertainment Commission reported income of $311k and spending of $417k, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $463k to $311k (-33%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 131% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arizona Sports and Entertainment Commission sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Wellesley Youth Baseball & Softball Inc ($311k), Classic Events Group ($311k) and Friends of Wabun ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $96k (23% of expenses). Other salaries and wages came to $10k. At year end it held assets of $306k against liabilities of $882k, net assets of -$576k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.