2023-11-16T11:05:59-08:00 2022-12-31 030483170 CEA Scholtes and Associates 106 Tunbridge Rd Baltimore MD 21212 990 2022-01-01 834686104 SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND SPOR 4102234139 323 WEST CAMDEN STREET 8TH FL BALTIMORE MD 21201 Terrance Hasseltine President 2023-11-16 true Terrance Hasseltine 999009999 true CHRIS SCHOLTES CPA P01607734 4103230010 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Terrance Hasseltine 5571617 false X https://sportcorpmaryland.us/ X 2019 MD The Sport and Entertainment Corporation of Maryland is a 501c3 established in 2019 to further and promote exclusively, charitable, religious, educational and scientific purposes and the business and objects to be carried on and promoted by it are: 1 To incubate cultural and operational event integrity for large scale sport and entertainment events in Maryland 2 To support Maryland Sports in hosting major sports events, economic analysis and research relating to sports, sponsorship of major sports events, and development of partnerships with other public and private entities to sponsor major sports events 3 To lessen the governments burden by promoting regional, national and international sporting events in the State of Maryland 4 To recruit, retain, market, promote and manage sports events that have positive media exposure, economic impact and image impact within the State of Maryland, and which will enhance the quality of life of citizens of the State of Maryland and 5 To solicit and 1 1 3 700 0 1322788 4507577 94593 994083 10 27 -7132 69930 1410259 5571617 0 0 514291 569177 0 227670 1421073 8092393 1935364 8661570 -525105 -3089953 53419 72408 2883942 53419 -2811534 X The Sport and Entertainment Corporation of Maryland is a 501c3 established in 2019 to further and promote exclusively, charitable, religious, educational and scientific purposes and the business and objects to be carried on and promoted by it are: 1 To incubate cultural and operational event integrity for large scale sport and entertainment events in Maryland 2 To support Maryland Sports in hosting major sports events, economic analysis and research relating to sports, sponsorship of major sports events, and development of partnerships with other public and private entities to sponsor major sports events 3 To lessen the governments burden by promoting regional, national and international sporting events in the State of Maryland 4 To recruit, retain, market, promote and manage sports events that have positive media exposure, economic impact and image impact within the State of Maryland, and which will enhance the quality of life of citizens of the State of Maryland and 5 To solicit and false false 5984416 965083 MARYLAND 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. 1881250 9500 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. 154744 WORLD CUP - The Baltimore-Maryland 2026 Host Organizing Committee is charged with marketing, promoting, securing the necessary resources and to ensure we deliver a world class experience and in our world class destination. 89430 8020410 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 0 0 false 3 true false false false false false false false 0 false false false false false false false X 1 1 false false true false false false false true true false true false true true false false false false false true false MD X CEA SCHOLTES AND ASSOCIATES 4103230010 106 TUNBRIDGE ROAD BALTIMORE MD 21212 X JEFFREY NEWMAN PRESIDENT OF MARYLAND 5 STAR 40.00 0.00 175000 0 0 Terry Hasseltine President 25.00 0.00 X X 0 0 0 175000 1 false true false 0 1165877 3341700 4507577 CATERING AND CONCESSIONS 711210 63490 63490 OTHER PROGRAM INCOME 711210 23011 23011 TICKETS & HOSPITALITY 711210 775093 775093 VENDORS 711210 132489 132489 994083 27 27 0 0 0 0 0 0 0 OTHER INCOME 900099 69930 69930 69930 5571617 1064013 27 X 0 0 0 0 175000 35000 17500 122500 0 287941 181039 44225 62677 26626 12426 3550 10650 49926 23299 6657 19970 29684 13853 3958 11873 381923 381923 10892 1892 9000 21111 21111 0 0 0 621785 558504 63281 191696 184045 7651 9895 9065 830 5165 200 4965 0 3000 3000 136399 136210 189 0 0 0 0 884 884 55726 52274 3452 FIELD OF PLAY 2197212 2197212 CATERING & CONCESSIONS 663493 663493 SPECIAL EVENTS 367100 367100 LIVESTREAM, TV AND RADIO 317416 317416 3108696 2885459 223237 8661570 8020410 413490 227670 26580 32865 15971 31643 0 1529 0 0 0 0 0 100 0 8301 2651 4489 5650 0 0 0 0 4750 2250 53419 72408 2883942 0 2883942 X 53419 -2811534 53419 -2811534 53419 72408 -3089953 225000 X false false false X 142227 672587 1322788 4507577 6645179 94593 994083 1088676 0 0 0 142227 672587 1417381 5501660 7733855 0 0 7733855 200 2 10 27 239 0 200 2 10 27 239 0 15874 -7132 69930 78672 142427 688463 1410259 5571617 7812766 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8301 2651 5650 5650 false false false false false false false false false JEFFREY NEWMAN PRESIDENT OF MARYLAND 5 STAR 175000 175000 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: OTHER INCOME Form 990, Part VI, Section A, Line 4 THE PRESIDENT WAS THE ONLY OFFICER AND DIRECTOR WHO SERVED ON THE BOARD OF DIRECTORS DURING 2020. Form 990, Part VI, Section B, Line 11b FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND ACCOUNTANT PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Section B, Line 15b 2019 and 2020 Industry best practice comparison to relate position within the industry. This review is done annually to ensure fair and equitable compensation and benefits are provided. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990 AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 24e AUDIO, VISUAL AND TELECOM: Column (A) - Total = $109617; Column (B) - Program Services = $109617; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e BANK FEES: Column (A) - Total = $9008; Column (B) - Program Services = $75; Column (C) - Management & General = $8933; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e BUSINESS EXPENSE: Column (A) - Total = $425; Column (B) - Program Services = $0; Column (C) - Management & General = $425; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e COMMISSIONS: Column (A) - Total = $134166; Column (B) - Program Services = $134166; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e COURSE DESIGN: Column (A) - Total = $7400; Column (B) - Program Services = $7400; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e DUES AND SUBSCRIPTIONS: Column (A) - Total = $199; Column (B) - Program Services = $0; Column (C) - Management & General = $199; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e EQUIPMENT RENTAL AND MAINT: Column (A) - Total = $186663; Column (B) - Program Services = $186663; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FEDERATIONS: Column (A) - Total = $9604; Column (B) - Program Services = $9604; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FENCING: Column (A) - Total = $954; Column (B) - Program Services = $954; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FOOD TRUCKS: Column (A) - Total = $3528; Column (B) - Program Services = $3528; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FRAMES: Column (A) - Total = $326; Column (B) - Program Services = $326; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FRAUD: Column (A) - Total = $10076; Column (B) - Program Services = $0; Column (C) - Management & General = $10076; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FUEL: Column (A) - Total = $1194; Column (B) - Program Services = $1194; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e GIFTS & GIVEAWAYS: Column (A) - Total = $250; Column (B) - Program Services = $250; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e GOVERNING BODY FEES: Column (A) - Total = $700; Column (B) - Program Services = $700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e HORSE AMBULANCE: Column (A) - Total = $500; Column (B) - Program Services = $500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e LICENCES AND PERMITS: Column (A) - Total = $1200; Column (B) - Program Services = $1200; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MANAGEMENT: Column (A) - Total = $51764; Column (B) - Program Services = $51764; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEALS: Column (A) - Total = $2223; Column (B) - Program Services = $2223; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEDICAL: Column (A) - Total = $18435; Column (B) - Program Services = $18435; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEMBERSHIP FEES: Column (A) - Total = $15189; Column (B) - Program Services = $14311; Column (C) - Management & General = $878; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MERCHANDISE COST: Column (A) - Total = $41960; Column (B) - Program Services = $41960; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e OFFICIALS: Column (A) - Total = $142828; Column (B) - Program Services = $142828; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e OTHER BUSINESS EXPENSES: Column (A) - Total = $81485; Column (B) - Program Services = $81485; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e OTHER: Column (A) - Total = $50259; Column (B) - Program Services = $4225; Column (C) - Management & General = $46034; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PARKING AND TRASPORTATION: Column (A) - Total = $91546; Column (B) - Program Services = $91546; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PARKING LOT RENTAL AND FEES: Column (A) - Total = $37500; Column (B) - Program Services = $37500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PARTICIPATIONS FEES: Column (A) - Total = $273500; Column (B) - Program Services = $273500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PHOTOGRAPHY: Column (A) - Total = $2500; Column (B) - Program Services = $2500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Postage and Shipping: Column (A) - Total = $488; Column (B) - Program Services = $0; Column (C) - Management & General = $488; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PREAKNESS EXPENSES: Column (A) - Total = $150000; Column (B) - Program Services = $0; Column (C) - Management & General = $150000; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Printing and Publications: Column (A) - Total = $24586; Column (B) - Program Services = $24429; Column (C) - Management & General = $157; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PRIZE MONEY AND AWARDS: Column (A) - Total = $278322; Column (B) - Program Services = $278322; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PROMOTIONS: Column (A) - Total = $687; Column (B) - Program Services = $687; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e RACE MANAGEMENT: Column (A) - Total = $92560; Column (B) - Program Services = $92560; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e RESTROOMS & WM: Column (A) - Total = $157847; Column (B) - Program Services = $157847; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SAFETY AND SECURITY: Column (A) - Total = $294941; Column (B) - Program Services = $294941; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SATELLITE FEES: Column (A) - Total = $17655; Column (B) - Program Services = $17655; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SIGNAGE AND DECOR: Column (A) - Total = $223297; Column (B) - Program Services = $223297; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SPONSORSHIP: Column (A) - Total = $22198; Column (B) - Program Services = $17624; Column (C) - Management & General = $4574; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STABLING AND CAMPING: Column (A) - Total = $63419; Column (B) - Program Services = $63419; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STIPENDS: Column (A) - Total = $10000; Column (B) - Program Services = $10000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STORAGE: Column (A) - Total = $12326; Column (B) - Program Services = $12326; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SUPPLIES: Column (A) - Total = $2058; Column (B) - Program Services = $585; Column (C) - Management & General = $1473; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TENTS: Column (A) - Total = $197104; Column (B) - Program Services = $197104; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TICKETS AND HOSPITALITY: Column (A) - Total = $42006; Column (B) - Program Services = $42006; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TIMING: Column (A) - Total = $18444; Column (B) - Program Services = $18444; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TOUR TRACKER: Column (A) - Total = $9000; Column (B) - Program Services = $9000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VEHICLE: Column (A) - Total = $50446; Column (B) - Program Services = $50446; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VENDORS: Column (A) - Total = $134633; Column (B) - Program Services = $134633; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VET AND FARRIER: Column (A) - Total = $500; Column (B) - Program Services = $500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VOLUNTEER MANAGEMENT: Column (A) - Total = $21180; Column (B) - Program Services = $21180; Column (C) - Management & General = $0; Column (D) - Fundraising = $0