2023-11-14T13:34:47-06:00 2022-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2022-01-01 310975117 INDIANA SPORTS CORPORATION INDI 3172375000 115 W WASHINGTON ST STE 1400 INDIANAPOLIS IN 46204 BRAD BOWMAN SENIOR VICE PRESIDENT AND CFO 3172375000 2023-11-10 1 BRAD BOWMAN 999009999 0 CASSE TATE P01271193 3175802000 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PATRICK TALTY 115 W WASHINGTON ST STE 1400 INDIANAPOLIS IN 46204 11634216 0 X WWW.INDIANASPORTSCORP.ORG X 1979 IN TO PERFORM CHARITABLE, EDUCATIONAL AND SIMILAR EXEMPT PURPOSES BY FOSTERING AMATEUR SPORTS COMPETITIONS IN CENTRAL INDIANA. 56 56 33 2500 98300 0 6436003 5701682 2088194 4676232 326769 416359 18655 -30324 8869621 10763949 616245 246583 0 0 2723280 2744094 0 86614 671907 5691240 7508035 9030765 10585326 -161144 178623 18372130 18180329 5551400 6803773 12820730 11376556 X TO PERFORM CHARITABLE, EDUCATIONAL AND SIMILAR EXEMPT PURPOSES BY FOSTERING AMATEUR SPORTS COMPETITIONS IN CENTRAL INDIANA. SEE SCHEDULE O. 0 0 1134757 20000 767675 BIG TEN FOOTBALL CHAMPIONSHIP GAME 762108 759460 NCAA MEN'S BASKETBALL TOURNAMENT 428327 435503 BIG TEN WOMEN'S BASKETBALL TOURNAMENT 5840705 226583 2615294 BIG TEN MEN'S BASKETBALL TOURNAMENT; INDY ULTIMATE; CORPORATE CHALLENGE; YOUTH PROGRAMS; BID EXPENES 5840705 226583 2615294 8165897 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 86 0 1 33 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 56 56 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X BRAD BOWMAN 3172375000 115 W WASHINGTON ST SUITE 1400 INDIANAPOLIS IN 46204 PATRICK TALTY BEG 72022 PRESIDENT 40.00 X 257850 0 46648 RYAN VAUGHN THRU 72022 PRESIDENT 40.00 X 188143 0 17784 BRAD BOWMAN SENIOR VP AND CFO 40.00 X 142133 0 22446 MICHAEL KARNUTA CHIEF DEVELOPMENT OFFICER 40.00 X 139479 0 20374 SANDRA BRYANT-WILLIS CHIEF HR OFFICER 40.00 X 114206 0 16373 SARAH MYER CHIEF MARKETING OFFICER 40.00 X 112868 0 17521 JULIE ROE LACH CHAIR 2.00 X X 0 0 0 KARIN SARRATT VICE CHAIR 2.00 X X 0 0 0 KATHLEEN MCNEELY TREASURER 2.00 X X 0 0 0 STEVE SANNER SECRETARY 2.00 X X 0 0 0 RICK FUSON PAST CHAIR 2.00 X X 0 0 0 CINDY SIMON SKJODT COMMITTEE CHAIR 2.00 X X 0 0 0 ANDY CONNER COMMITTEE CHAIR 2.00 X X 0 0 0 DAVE LEWIS COMMITTEE CHAIR 2.00 X X 0 0 0 JOANN BROUILLETTE COMMITTEE CHAIR 2.00 X X 0 0 0 KRISTA SKIDMORE COMMITTEE CHAIR 2.00 X X 0 0 0 DENNIS DYE COMMITTEE CHAIR 2.00 X X 0 0 0 RYAN KITCHELL DIRECTOR 2.00 X 0 0 0 TAG BIRGE DIRECTOR 2.00 X 0 0 0 DAVID CORBITT DIRECTOR 2.00 X 0 0 0 SCOTT DORSEY DIRECTOR 2.00 X 0 0 0 BRIAN BURDICK DIRECTOR 2.00 X 0 0 0 GREG PORTER DIRECTOR 2.00 X 0 0 0 MARY BOELKE DIRECTOR 2.00 X 0 0 0 JENNIFER POPE BAKER DIRECTOR 2.00 X 0 0 0 WILL BRYAN DIRECTOR 2.00 X 0 0 0 BARRY COLLIER DIRECTOR 2.00 X 0 0 0 SCOTT KRAEGE DIRECTOR 2.00 X 0 0 0 TERINA PERRY DIRECTOR 2.00 X 0 0 0 MARIO RODRIGUEZ DIRECTOR 2.00 X 0 0 0 SARAH TAYLOR DIRECTOR 2.00 X 0 0 0 ED BONACH DIRECTOR 2.00 X 0 0 0 MATT ZIMPFER DIRECTOR 2.00 X 0 0 0 JEFF HARRISON DIRECTOR 2.00 X 0 0 0 PETE QUINN DIRECTOR 2.00 X 0 0 0 STEVE ROGERS DIRECTOR 2.00 X 0 0 0 JOHN HAMMOND IV DIRECTOR 2.00 X 0 0 0 BRANDI DAVIS-HANDY DIRECTOR 2.00 X 0 0 0 WILLIAM KNOX DIRECTOR 2.00 X 0 0 0 PHIL KRYDER DIRECTOR 2.00 X 0 0 0 MICHELLE MARIETTA DIRECTOR 2.00 X 0 0 0 MELISSA PROFFITT DIRECTOR 2.00 X 0 0 0 JESSICA SMIDLER DIRECTOR 2.00 X 0 0 0 JAMAL SMITH DIRECTOR 2.00 X 0 0 0 ANTHONY WARREN DIRECTOR 2.00 X 0 0 0 SCOTT BEARBY DIRECTOR 2.00 X 0 0 0 TYLER BENNETT DIRECTOR 2.00 X 0 0 0 KEVIN BRINEGAR DIRECTOR 2.00 X 0 0 0 MARTY HILL DIRECTOR 2.00 X 0 0 0 BETH KEYSER DIRECTOR 2.00 X 0 0 0 DANNY LOPEZ DIRECTOR 2.00 X 0 0 0 PATRICK MCGILL DIRECTOR 2.00 X 0 0 0 JOSE SAMPERIO DIRECTOR 2.00 X 0 0 0 ERIN SHAW DIRECTOR 2.00 X 0 0 0 BILL BROOKS DIRECTOR 2.00 X 0 0 0 JENNIFER BURK DIRECTOR 2.00 X 0 0 0 LEONARD HOOPS DIRECTOR 2.00 X 0 0 0 JOE SMITH JR DIRECTOR 2.00 X 0 0 0 TOM MORRISON DIRECTOR 2.00 X 0 0 0 MICHAEL MOHR DIRECTOR 2.00 X 0 0 0 ED SAGEBIEL DIRECTOR 2.00 X 0 0 0 MELANIE GREEN DIRECTOR 2.00 X 0 0 0 EBONY ARMSTRONG DIRECTOR 2.00 X 0 0 0 MIKE BOSWAY DIRECTOR 2.00 X 0 0 0 CHRISTINE FREDRIC DIRECTOR 2.00 X 0 0 0 FRANK HANCOCK DIRECTOR 2.00 X 0 0 0 PATRICK MURPHY DIRECTOR 2.00 X 0 0 0 MARK SIFFERLEN DIRECTOR 2.00 X 0 0 0 954679 0 141146 6 0 1 0 BAGLEY MEDICAL SUPPLY LLC PO BOX 4 WESTFIELD IN 46074 MEDICAL TESTING 212060 HPT INDIANAPOLIS 101-115 WEST WASHINGTON PO BOX 780644 PHILADELPHIA PA 191780644 OFFICE RENT 181999 LUXURY WORLDWIDE TRANSPORTATION INC 935 E MARYLAND ST STE 100 INDIANAPOLIS IN 46202 TRANSPORTATION 117205 3 426987 138430 2688679 2447586 126847 5701682 TICKET REVENUE 711300 2980567 2980567 OTHER EVENT REVENUE 711300 1006189 907889 98300 MANAGEMENT FEES 711300 689476 689476 4676232 284965 284965 910065 778671 131394 131394 131394 79075 138430 91596 -12521 -12521 LOSS FROM K-1 711300 -17803 -17803 -17803 10763949 4577932 98300 386035 226583 226583 20000 20000 675004 403334 144064 127606 1582549 808213 496113 278223 100845 54120 28597 18128 229026 122910 64945 41171 156670 84079 44427 28164 43402 43402 32412 32412 86614 86614 15365 15365 453327 142998 287668 22661 325058 255646 69412 46966 22304 18269 6393 154690 5500 149190 254923 136862 72217 45844 56489 50736 5753 41538 9278 28691 3569 75286 40403 21349 13534 150456 89741 60715 EVENT/PROGRAM PRODUCTIO 5222447 5222447 HOSPITALITY 278321 207321 71000 EQUIPMENT RENTAL - EVEN 218688 218688 PRINTING/PUBLICATIONS 22936 3049 19887 115731 41685 74046 10585326 8165897 1747522 671907 6014341 5299434 300000 75000 824124 2097894 179135 63264 851489 476011 403489 375478 10197023 8354386 353818 296398 100200 358712 0 1259763 18372130 18180329 4087573 4525744 1463827 894625 0 1383404 5551400 6803773 X 10987021 9679258 1833709 1697298 12820730 11376556 18372130 18180329 X 178623 -1633361 10564 X X 0 1 X 1 0 X 3043938 4008028 4542759 6531178 5701682 23827585 3043938 4008028 4542759 6531178 5701682 23827585 3674490 20153095 246124 287190 196343 330688 277726 1338071 18655 18655 25184311 13320737 0.80020 0.77650 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 10,000. NET FUNDRAISING - 2021 AMOUNT: $ 8,655. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9198644 -1432447 20335 7745862 8276626 901347 81475 60804 9198644 651397 6414773 1274093 63637 8276626 630447 85875 64925 651397 654687 -19464 4776 630447 0.91330 0.08670 1 0 851489 476011 375478 375478 RIGHT OF USE ASSET 1259763 1259763 RIGHT OF USE LIABILITY 1383404 1383404 X 9332883 -1633361 80500 137160 -1415701 10748584 15365 15365 10763949 10777057 80500 126596 207096 10569961 15365 15365 10585326 PART V, LINE 4: THE FOCUS FOR THE INVESTMENT OF THE ASSETS WILL BE ON CONSISTENT LONG-TERM CAPITAL APPRECIATION WITH INCOME GENERATION. MORE SPECIFICALLY, INDIANA SPORTS CORP SEEKS RETURNS THAT ARE SUFFICIENT TO PRESERVE AND ENHANCE THE REAL, INFLATION-ADJUSTED PURCHASING POWER OF THE ASSETS AND MEET SPENDING NEEDS. ON JANUARY 1, 2020, THE QUASI-ENDOWMENT FUND WAS ESTABLISHED BY INDIANA SPORTS CORP'S BOARD OF DIRECTORS TO SUPPORT LONG-TERM GROWTH OF PRINCIPAL WITHOUT UNDUE EXPOSURE TO RISK. THE QUASI-ENDOWMENT FUND WAS FUNDED BY CONSOLIDATING THE STRATEGIC INVESTMENT FUND AND EVENTS RESERVE FUND INTO A SINGLE BOARD-DESIGNATED FUND. PART X, LINE 2: INDIANA SPORTS CORP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. IN ADDITION, INDIANA SPORTS CORP HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. THERE WAS NO UNRELATED BUSINESS INCOME TAX IN 2022 AND 2021. INDIANA SPORTS CORP FILES U.S. FEDERAL AND STATE OF INDIANA INFORMATIONAL RETURNS. INDIANA SPORTS CORP IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. MANAGEMENT BELIEVES THAT THE ORGANIZATION'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 91,596. LOSS FROM K-1 17,803. WRITE DOWN OF ESPORTS INVESTMENT 35,000. INTEREST INCOME FROM K-1 -7,239. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 91,596. WRITE DOWN OF ESPORTS INVESTMENT 35,000. X X X X X 1 LACROIX SPORTS GROUP LLC 2166 SHADYWOOD ROAD ORONO MN 55391 FUNDRAISING 0 245425 86614 158811 245425 86614 158811 IN INSPIRING SPORTS CHARITY GOLF 217505 138430 79075 91596 217505 138430 79075 91596 91596 -12521 1 MUNCIE SPORTS COMMISSION 1208 WHITE RIVER BLVD STE 101 MUNCIE IN 47307 351885741 501(C)(3) 7500 0 PROGRAMMING ASSISTANCE DEACONESS SPORTS PARK 4300 HECKEL ROAD EVANSVILLE IN 47725 472582515 501(C)(3) 7500 0 PROGRAMMING ASSISTANCE VISIT BLOOMINGTON 2855 N WALNUT BLOOMINGTON IN 47404 351417895 501(C)(6) 10000 0 PROGRAMMING ASSISTANCE OPPORTUNITY ENTERPRISES 801 EVANS AVENUE VALPARAISO IN 46383 351136833 501(C)(3) 8127 0 PROGRAMMING ASSISTANCE INDIANAPOLIS COLTS FOUNDATION 7001 WEST 56TH STREET INDIANAPOLIS IN 46254 371451195 501(C)(3) 10000 0 PROGRAMMING ASSISTANCE CALIFORNIA STATE UNIVERSITY FRESNO FOUNDATION 4910 N CHESTNUT AVENUE FRESNO CA 93726 946003272 501(C)(3) 10247 0 PROGRAMMING ASSISTANCE INDIANA UNIVERSITY - RESEARCH DEPT 78867 PO BOX 7800 DETROIT MI 482780867 356001673 501(C)(3) 25845 0 PROGRAMMING ASSISTANCE 6 1 POST-GRADUATE SCHOLARSHIPS 2 20000 CASH PART I, LINE 2: INDIANA SPORTS CORP MAKES GRANTS TO OTHER NONPROFITS TO SUPPORT AMATEUR ATHLETIC EVENTS THAT BENEFIT THE LOCAL COMMUNITY. THE NONPROFITS APPLY FOR THESE GRANTS PURSUANT TO A ROBUST APPLICATION PROCESS AND, IF SUCCESSFUL, ARE AWARDED GRANTS THAT ARE RESTRICTED TO THE PROGRAMMING ASSISTANCE DESCRIBED IN THE APPLICATION. WRITTEN REPORTS ARE REQUIRED, AND FUNDING CAN BE WITHHELD IF REPORTS ARE NOT FILED. SITE VISITS ARE ALSO MADE TO PROVIDE ADDITIONAL OVERSIGHT. SCHOLARSHIPS AWARDED THROUGH THE INDIANA SPORTS CORP PROGRAM BENEFIT STUDENTS WHO DISPLAY EXCEPTIONAL ACHIEVEMENT IN ACADEMICS, ATHLETICS, AND CIVIC SERVICE. TO QUALIFY FOR THESE SCHOLARSHIPS, THE RECIPIENT MUST BE ENROLLED IN A POSTGRADUATE PROGRAM, WHICH IS ALSO VERIFIED BY THE SCHOOL. THE CHECK IS MADE PAYABLE DIRECTLY TO THE SCHOOL AND INSTRUCTIONS ARE GIVEN TO THE SCHOOL REGARDING THE BENEFICIARY OF THE AWARD. CASH IS NOT GIVEN DIRECTLY TO THE STUDENT. X 1 1 X X X 0 1 0 0 0 0 0 0 0 PATRICK TALTY BEG 72022 PRESIDENT 242505 0 15000 0 345 0 13583 0 33065 0 304498 0 0 0 RYAN VAUGHN THRU 72022 PRESIDENT 153055 0 35000 0 88 0 9522 0 8262 0 205927 0 0 0 BRAD BOWMAN SENIOR VP AND CFO 142133 0 0 0 0 0 7375 0 15071 0 164579 0 0 0 MICHAEL KARNUTA CHIEF DEVELOPMENT OFFICER 139479 0 0 0 0 0 7150 0 13224 0 159853 0 0 0 PART I, LINE 1A INDIANA SPORTS CORP'S PRESIDENT RECEIVES SOCIAL CLUB ACCESS AT THE ORGANIZATION'S EXPENSE. PART I, LINE 4B DEFERRED COMPENSATION PLAN FOR RYAN VAUGHN AND PATRICK TALTY X PRINTING 8 49307 FMV X FOOD/BEVERAGE 4 33000 FMV X APPAREL 1 31000 FMV X EQUIPMENT 3 13540 FMV 0 1 0 FORM 990, PART III, LINE 1 INDIANA SPORTS CORP SEEKS TO CREATE POSITIVE IMPACT BY HOSTING WORLD-CLASS SPORTING EVENTS WHICH DRIVE ECONOMIC VITALITY, FACILITATE A VIBRANT COMMUNITY WITH CIVIC PRIDE, GARNER NATIONAL AND INTERNATIONAL MEDIA ATTENTION, AND CREATE OPPORTUNITIES FOR OUR YOUTH. INDIANA SPORTS CORP WAS FOUNDED IN 1979 AS THE NATION'S FIRST SPORTS COMMISSION. INDIANA SPORTS CORP CONTINUES TO SUPPORT SIMILAR SPORTS ORGANIZATIONS IN CENTRAL INDIANA, SUCH AS THE NCAA, USA GYMNASTICS, USA TRACK & FIELD, USA FOOTBALL, THE HORIZON LEAGUE, AND SEVERAL OTHERS. INDIANA SPORTS CORP CONTINUES TO BUILD ON ITS HISTORIC ROOTS BY GROWING ITS VOLUNTEER, MEMBER, AND CIVIC SUPPORT WHILE MAINTAINING OUR STATUS AS A PREMIER HOST IN THE SPORTS INDUSTRY. TO SUPPORT ITS ROLE OF COORDINATING AND MARKETING MAJOR SPORTING EVENTS, INDIANA SPORTS CORP PERFORMS SEVERAL EVENT-RELATED FUNCTIONS, INCLUDING BID PREPARATION AND PRESENTATIONS; EVENT MANAGEMENT; TICKET MARKETING; PROMOTIONS; PUBLIC/MEDIA RELATIONS; CORPORATE DEVELOPMENT (SPONSORSHIP); AND FINANCIAL SERVICES. SINCE 1979, INDIANAPOLIS HAS HOSTED MORE THAN 500 NATIONAL AND INTERNATIONAL SPORTING EVENTS, INCLUDING: *NCAA CHAMPIONSHIPS, INCLUDING EIGHT NCAA DIVISION I MEN'S BASKETBALL FINAL FOURS AND THREE WOMEN'S FINAL FOURS *MULTI-SPORT EVENTS INCLUDING THE 1982 U.S. OLYMPIC FESTIVAL, 1987 PAN AMERICAN GAMES AND THE 2001 WORLD POLICE & FIRE GAMES *U.S. OLYMPIC TRIALS AND OTHER NATIONAL GOVERNING BODY (NGB) NATIONAL CHAMPIONSHIPS IN CANOE/KAYAK, DIVING, GYMNASTICS, JUDO, ROWING, SWIMMING, SYNCHRONIZED SWIMMING, TABLE TENNIS, TRACK & FIELD, WRESTLING, AND VOLLEYBALL *WORLD CHAMPIONSHIPS IN TRACK & FIELD (1987), GYMNASTICS (1991), ROWING (1994), BASKETBALL (2002), AND SWIMMING (2004) *THE 2005 SOLHEIM CUP, THE MOST IMPORTANT TEAM EVENT IN WOMEN'S GOLF *ELEVEN BIG TEN FOOTBALL CHAMPIONSHIP GAMES, INCLUDING THE INAUGURAL EVENT IN 2011 * NUMEROUS BIG TEN MEN'S AND WOMEN'S BASKETBALL TOURNAMENTS INDIANA SPORTS CORP'S CALENDAR IS FILLED WITH OWNED EVENTS DEVOTED TO SUPPORTING THE INDIANA SPORTS CORP MISSION AND YOUTH INITIATIVES. THESE EVENTS INCLUDE THE INDIANA SPORTS CORP CHARITY GOLF TOURNAMENT, CORPORATE CHALLENGE, AND STATE OF SPORTS. IN ADDITION, INDIANA SPORTS CORP INTRODUCED A NEW FUNDRAISER IN DECEMBER OF 2022, THE INDY CLASSIC AN ANNUAL BASKETBALL DOUBLEHEADER AT GAINBRIDGE FIELDHOUSE. PROCEEDS FROM INDIANA SPORTS CORP OWNED EVENTS OFTEN BENEFIT LOCAL YOUTH-SERVING ORGANIZATIONS THROUGH THE INSPIRING SPORTS GRANT PROGRAM WHICH HAVE PROVIDED NEARLY $2.4 MILLION TO MORE THAN 250 YOUTH ORGANIZATIONS TO SUPPORT THEIR SPORTS PROGRAMMING AND INITIATIVES. PROGRAM ACCOMPLISHMENTS: INDIANA SPORTS CORP'S 2022 ROSTER OF EVENTS BROUGHT TREMENDOUS OPPORTUNITIES TO THE CITY OF INDIANAPOLIS. FULL EVENT LISTING FOLLOWS. BIG TEN WOMEN'S BASKETBALL TOURNAMENT BIG TEN MEN'S BASKETBALL TOURNAMENT HORIZON LEAGUE MEN'S AND WOMEN'S BASKETBALL CHAMPIONSHIPS NCAA DI MEN'S BASKETBALL FIRST & SECOND ROUNDS NCAA DIII MEN'S & WOMEN'S SWIMMING AND DIVING CHAMPIONSHIPS NBA 2K LEAGUE FIFTH SEASON USA TRACK AND FIELD HALF MARATHON CHAMPIONSHIPS INDIANA SPORTS CORP CHARITY GOLF TOURNAMENT PANAM JUNIOR WATER POLO CHAMPIONSHIPS INDIANA SPORTS CORP CORPORATE CHALLENGE INDY ULTIMATE STATE OF SPORTS BIG TEN FOOTBALL CHAMPIONSHIP GAME INDY CLASSIC IN ADDITION, MORE THAN $500 MILLION IN FUTURE ECONOMIC IMPACT WAS SECURED BY INDIANA SPORTS CORP IN 2022 THROUGH THE FOLLOWING EVENTS: 2024 US OLYMPIC TEAM TRIALS - SWIMMING 2023 & 2024 NFL COMBINE 2023 & 2024 BIG TEN FOOTBALL CHAMPIONSHIP GAME 2024 NATIONAL INVITATION TOURNAMENT (NIT) AT HINKLE FIELDHOUSE 2023-2026 HORIZON LEAGUE MEN'S AND WOMEN'S BASKETBALL CHAMPIONSHIPS SAVANNAH BANANAS AT VICTORY FIELD JUNE 29 & 30 2028 NCAA WOMEN'S FINAL FOUR 2029 NCAA MEN'S FINAL FOUR FORM 990, PART VI, SECTION A, LINE 2 RYAN KITCHELL AND KARIN SARRATT HAVE A BUSINESS RELATIONSHIP. WILLIAM BRYAN AND DAVID LEWIS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES THE 990, WHICH IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE IN DETAIL. A COPY OF THE 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL STATEMENTS ARE OBTAINED, REVIEWED AND SUMMARIZED BY THE PRESIDENT. THE GOVERNANCE COMMITTEE REVIEWS AND APPROVES THE SUMMARY. CONFLICTED PARTIES ARE REMOVED FROM RELATED DECISION-MAKING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE COMPOSED OF FOUR BOARD MEMBERS DETERMINES THE PRESIDENT'S AND OTHER KEY OFFICERS AND EMPLOYEES COMPENSATION USING COMPARABILITY DATA. THE EXECUTIVE COMPENSATION COMMITTEE DOCUMENTS THEIR DECISION IN COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT GENERALLY MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: LOSS FROM K-1 17,803. INTEREST INCOME FROM K-1 -7,239. FORM 990, PART XII, LINE 2C THE AUDIT REVIEW PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. INDY CHAMPIONSHIPS LEGACY 115 W WASHINGTON ST SUITE 1400 INDIANAPOLIS IN 46204 823758589 SUPPORTS THE INDIANA SPORTS CORPORATION IN 501(C)(3) LINE 12A, I 0 SPORTS MARKETING OF INDIANA 115 W WASHINGTON ST SUITE 1400 INDIANAPOLIS IN 46204 351729629 MARKETING SPORTS IN N/A C 7 4433 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0