2024-12-17T12:01:25-08:00 2023-12-31 030483170 CEA Scholtes and Associates 106 Tunbridge Rd Baltimore MD 21212 990 2023-01-01 834686104 SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND SPOR 4102234139 323 WEST CAMDEN STREET 8TH FL BALTIMORE MD 21201 Terrance Hasseltine President 2024-12-17 true true CHRIS SCHOLTES CPA P01607734 4103230010 2023 2024-10-15 13:58:12Z Terrance Hasseltine 14366786 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 4 400 0 4507577 12849004 994083 1489312 27 0 69930 28470 5571617 14366786 0 0 569177 516230 0 241873 8092393 10761063 8661570 11277293 -3089953 3089493 72408 246316 2883942 0 -2811534 246316 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 7549610 1387337 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. 2615728 36975 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. 215113 65000 AMATEUR ATHLETIC UNION 54220 10434671 true true false false false false false false false false true false false false false false false false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 71 0 false 4 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 3912418 8936586 12849004 CATERING AND CONCESSIONS 711210 10222 10222 OTHER PROGRAM INCOME 711210 175636 175636 PREAKNESS 711210 150000 150000 TICKETS & HOSPITALITY 711210 1148028 1148028 VENDORS 711210 5426 5426 1489312 0 0 0 0 0 28470 28470 28470 0 0 0 14366786 1489312 28470 X 0 0 0 0 175000 35000 17500 122500 0 262680 169251 40857 52572 26088 12174 3478 10436 1602 748 214 640 50860 23735 6781 20344 0 9000 3000 6000 18979 18979 0 0 0 278571 267467 11104 374778 354281 20497 351229 1130 350099 26833 7000 19833 0 0 34268 15886 18382 0 0 0 0 884 884 34027 34027 EVENT BUILD 1286000 1286000 RISK MANAGEMENT & INSURANCE 1158492 1158492 FIELD OF PLAY 1036963 1036963 LIVESTREAM, TV AND RADIO 814732 814732 5336307 5248812 52114 35381 11277293 10434671 600749 241873 32865 239299 31643 0 0 0 0 0 0 0 0 8301 3534 5650 4767 0 0 0 0 2250 2250 72408 246316 2883942 2883942 0 X -2811534 246316 -2811534 246316 72408 246316 X 3089493 -31643 X false false false X 142227 672587 1322788 4507577 12849004 19494183 94593 994083 1489312 2577988 0 0 0 142227 672587 1417381 5501660 14338316 22072171 0 0 22072171 200 2 10 27 239 0 200 2 10 27 239 28470 28470 15874 -7132 69930 78672 142427 688463 1410259 5571617 14366786 22179552 0.99520 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8301 3534 4767 4767 false Beer, Wine and Spirits Showcase 28470 28470 28470 28470 28470 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: AMATEUR ATHLETIC UNION Form 990, Part VI, Section A, Line 4 The Organizaiton onboarded a new Board of Directors on July 1 to December 31, 2023. However, the members of the board were not officially voted on and approved until January 1, 2024 with fiscal and governance responsibilities. 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 ACCOMODATIONS: Column (A) - Total = $47196; Column (B) - Program Services = $47196; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e AMATEUR ATHLETIC UNION: Column (A) - Total = $215113; Column (B) - Program Services = $215113; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e AMBASSADORS: Column (A) - Total = $12610; Column (B) - Program Services = $12610; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e ANCHILLARY EVENTS: Column (A) - Total = $31955; Column (B) - Program Services = $31955; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e AUDIO, VISUAL AND TELECOM: Column (A) - Total = $495272; Column (B) - Program Services = $495272; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e BANK FEES: Column (A) - Total = $15597; Column (B) - Program Services = $0; Column (C) - Management & General = $15597; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e CATERING & CONCESSIONS: Column (A) - Total = $680379; Column (B) - Program Services = $680379; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e COMMUNICATIONS: Column (A) - Total = $22885; Column (B) - Program Services = $22885; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e COMMUNITY NOTIFICATIONS: Column (A) - Total = $3000; Column (B) - Program Services = $3000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e COMPETITION MANAGEMENT: Column (A) - Total = $253942; Column (B) - Program Services = $253942; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e CONSLTING: Column (A) - Total = $20122; Column (B) - Program Services = $12125; Column (C) - Management & General = $7997; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e COURSE DESIGN: Column (A) - Total = $10000; Column (B) - Program Services = $10000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e CREDENTIALING: Column (A) - Total = $11463; Column (B) - Program Services = $11463; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e EQUIPMENT RENTAL AND MAINT: Column (A) - Total = $52926; Column (B) - Program Services = $52901; Column (C) - Management & General = $25; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e EVENT STAFF: Column (A) - Total = $11998; Column (B) - Program Services = $11998; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FEDERATIONS: Column (A) - Total = $14709; Column (B) - Program Services = $14709; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e FLOWERS AND PLANTS: Column (A) - Total = $148274; Column (B) - Program Services = $148274; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e GOVERNING BODY FEES: Column (A) - Total = $8867; Column (B) - Program Services = $8867; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e HOSPITALITY: Column (A) - Total = $10699; Column (B) - Program Services = $0; Column (C) - Management & General = $10699; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e LICENCES AND PERMITS: Column (A) - Total = $15117; Column (B) - Program Services = $15117; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e LODGING: Column (A) - Total = $270792; Column (B) - Program Services = $270792; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MANAGEMENT/OPERATIONS: Column (A) - Total = $599700; Column (B) - Program Services = $599700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEDICAL: Column (A) - Total = $80800; Column (B) - Program Services = $80800; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEMBERSHIP FEES: Column (A) - Total = $1320; Column (B) - Program Services = $300; Column (C) - Management & General = $1020; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MERCHANDISE COST: Column (A) - Total = $41871; Column (B) - Program Services = $41871; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e OFFICIALS: Column (A) - Total = $3737; Column (B) - Program Services = $3737; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PARKING AND TRASPORTATION: Column (A) - Total = $180817; Column (B) - Program Services = $180817; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PARTICIPATION FEES: Column (A) - Total = $171465; Column (B) - Program Services = $171465; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PHOTOGRAPHY: Column (A) - Total = $22740; Column (B) - Program Services = $22740; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Postage and Shipping: Column (A) - Total = $1376; Column (B) - Program Services = $1155; Column (C) - Management & General = $221; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PREAKNESS EXPENSES: Column (A) - Total = $249000; Column (B) - Program Services = $249000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Printing and Publications: Column (A) - Total = $77; Column (B) - Program Services = $0; Column (C) - Management & General = $77; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PRIZE MONEY AND AWARDS: Column (A) - Total = $369106; Column (B) - Program Services = $369106; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PRODUCTIONS: Column (A) - Total = $10462; Column (B) - Program Services = $10462; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e PROJECT & FISCAL: Column (A) - Total = $16000; Column (B) - Program Services = $0; Column (C) - Management & General = $16000; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e RACE MANAGEMENT: Column (A) - Total = $223655; Column (B) - Program Services = $223655; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e RACE TECHNICAL: Column (A) - Total = $29503; Column (B) - Program Services = $29503; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e REGISTRATION FEES: Column (A) - Total = $1000; Column (B) - Program Services = $1000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e RESTROOMS & WM: Column (A) - Total = $8110; Column (B) - Program Services = $8110; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e ROAD ENHACEMENTS: Column (A) - Total = $24458; Column (B) - Program Services = $24458; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SAFETY AND SECURITY: Column (A) - Total = $83104; Column (B) - Program Services = $83104; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SATELLITE FEES: Column (A) - Total = $14000; Column (B) - Program Services = $14000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SIGNAGE AND DECOR: Column (A) - Total = $183243; Column (B) - Program Services = $183243; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SPECIAL EVENTS: Column (A) - Total = $35381; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $35381 Form 990, Part IX, Line 24e SPONSORSHIP: Column (A) - Total = $8500; Column (B) - Program Services = $8500; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STABLING AND CAMPING: Column (A) - Total = $34305; Column (B) - Program Services = $34305; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STORAGE: Column (A) - Total = $20026; Column (B) - Program Services = $20026; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SUPPLIES: Column (A) - Total = $478; Column (B) - Program Services = $0; Column (C) - Management & General = $478; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TENTS: Column (A) - Total = $418337; Column (B) - Program Services = $418337; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TICKETS AND HOSPITALITY: Column (A) - Total = $30110; Column (B) - Program Services = $30110; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TIMING: Column (A) - Total = $57160; Column (B) - Program Services = $57160; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TOUR TRACKER: Column (A) - Total = $11000; Column (B) - Program Services = $11000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VENUE RENTAL: Column (A) - Total = $25000; Column (B) - Program Services = $25000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VET AND FARRIER: Column (A) - Total = $16351; Column (B) - Program Services = $16351; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e VOLUNTEER MANAGEMENT: Column (A) - Total = $11199; Column (B) - Program Services = $11199; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part XI, Line 9 = -$31643