2024-08-14T17:37:53-04:00 2023-09-30 870516083 LARSON & COMPANY PC 11240 S RIVER HEIGHTS DR STE 300 SOUTH JORDAN UT 840955123 990 2022-10-01 870651075 UTAH SPORTS COMMISSION FOUNDATION UTAH 8013282372 201 SOUTH MAIN STREET 2125 SALT LAKE CITY UT 84111 JEFF ROBBINS PRESIDENT & CEO 8013282372 2024-08-14 true true RICHARD SCORESBY CPA P00573067 8013131900 2024-08-14 2022 2024-08-08 14:25:15Z JEFF ROBBINS 201 SOUTH MAIN STREET SALT LAKE CITY UT 84111 1385087 false X WWW.UTAHSPORTSCOMMISSION.COM X 2000 UT THE ORGANIZATION IS GOVERNED BY AN ALL-VOLUNTEER BOARD OF TRUSTEES CONSISTING OF STATEWIDE SPORTS, BUSINESS, AND COMMUNITY LEADERS CREATED TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITIONS. 37 36 19 350 0 298215 766760 601143 319923 13782 269357 -24693 -110590 888447 1245450 108500 86000 0 791974 716201 0 53382 2314116 2549395 3214590 3351596 -2326143 -2106146 16187014 15574846 508390 1940009 15678624 13634837 X THE UTAH SPORTS COMMISSION FOUNDATION IS A CHARITABLE ORGANIZATION GOVERNED BY AN ALL-VOLUNTEER BOARD OF TRUSTEES CONSISTING OF STATEWIDE SPORTS, BUSINESS, AND COMMUNITY LEADERS, AND WAS CREATED TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITIONS TO BE HELD IN THE STATE OF UTAH. false false 1625225 SPORTS AWARDS AND SPONSORSHIPS - THE SPORTS AWARDS AND SPONSORSHIP PROGRAM IS DESIGNED TO ATTRACT, RETAIN, AND GROW NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITIONS THAT TAKE PLACE WITHIN THE STATE OF UTAH. SPONSORSHIP IS PROVIDED TO EVENTS THAT GENERATE SIGNIFICANT ECONOMIC IMPACT, MEDIA EXPOSURE, AND/OR ARE OF STRATEGIC IMPORTANCE IN POSITIONING THE STATE FAVORABLY IN A PARTICULAR SPORTS DISCIPLINE, CATEGORY, OR GENRE. 1027762 86000 319923 KORN FERRY TOUR UTAH CHAMPIONSHIP - THE UTAH SPORTS COMMISSION, AS A 501 (C)(3)ENTITY, CONTRACTS DIRECTLY WITH THE PGA TOUR TO ACT AS HOST ORGANIZATION FOR THE KORN FERRY TOUR'S UTAH CHAMPIONSHIP. THE TOURNAMENT GIVES UTAH GOLF FANS AN OPPORTUNITY TO WATCH THE FUTURE STARS OF THE PGA TOUR FIRSTHAND AND GENERATES MILLIONS OF DOLLARS OF ECONOMIC IMPACT AND MEDIA EXPOSURE TO THE STATE AND MANY OF ITS LOCAL COMMUNITIES. SUPPORT FOR THE TOURNAMENT COMES PRIMARILY FROM NATIONAL, STATE, AND LOCAL SPONSORS IN THE FORM OF CASH AND IN-KIND DONATIONS. NOTABLE UTAH CHAMPIONSHIP ALUMNI INCLUDE TONY FINAU,JOHN DALY, BUBBA WATSON, ZACH JOHNSON, AND CAMERON CHAMP. OVER THE PAST FIVE YEARS, THE TOURNAMENT HAS DONATED MORE THAN 350,000 TO UTAH BASED CHARITIES SUCH AS THE HUNTSMAN CANCER FOUNDATION, THE TONY FINAU FOUNDATION, AND THE LOCAL CHAPTER OF THE BOYS AND GIRLS CLUB. 207296 SPORTS EVENTS, TV ADVERTISING, PROMOTION AND MARKETING - THE SPORTS COMPETITIONS AND EVENTS THAT THE UTAH SPORTS COMMISSION PARTNERS WITH SERVE AS VALUABLE ECONOMIC IMPACT AND IMAGE BUILDING DRIVERS, ESPECIALLY THOSE THAT PROVIDE NATIONAL AND INTERNATIONAL TELEVISION EXPOSURE. BY SHOWCASING UTAH'S AWE-INSPIRING LANDSCAPES TO A BROAD AUDIENCE, THE ORGANIZATION MORE EFFECTIVELY TARGETS KEY TOURISM DEMOGRAPHICS THROUGH STRATEGIC ADVERTISEMENTS, BRAND ASSOCIATIONS, AND CALLS TO ACTION. ADDITIONALLY, BECAUSE MAJOR SPORTS COMPETITIONS TEND TO BE FOLLOWED BY SIGNIFICANT TELEVISION COVERAGE, DIGITAL, SOCIAL, AND OTHER MEDIA ASSETS, THE ORGANIZATION ACTIVELY PURSUES THESE TYPES OF EVENTS AS PART OF ITS MARKETING AND BRANDING STRATEGY. BY LEVERAGING THE MEDIA ASSETS ASSOCIATED WITH SOME OF THE WORLD'S MOST PRE-EMINENT SPORTING EVENTS, THE ORGANIZATION IS BETTER ABLE TO PROMOTE AND BRAND UTAH AS, "UTAH: THE STATE OF SPORT," WHILE CEMENTING UTAH'S STATUS AS A PREMIER DESTINATION FOR WORLD CLASS INTERNATIONAL, NATIONAL, AND OLYMPIC RELATED AMATEUR SPORTS COMPETITIONS. UTAH OLYMPIC LEGACY AND RELATED EFFORTS - THE GOVERNOR AND THE UTAH STATE LEGISLATURE HAVE ENCOURAGED THE UTAH SPORTS COMMISSION TO ASSIST WITH THE STATE'S OLYMPIC BID AND EXPLORATION EFFORTS. THE ORGANIZATION HAS MAINTAINED A LONG RUNNING FOCUS ON LANDING EVENTS THAT BUILD ON UTAH'S OLYMPIC LEGACY AND POSITION THE STATE FAVORABLY WITH KEY OLYMPIC CONSTITUENCIES AS IT LOOKS TO HOST ANOTHER OLYMPIC WINTER GAMES. THE UTAH SPORTS COMMISSION, THE STATE OF UTAH, AND ITS MANY PARTNERS HAVE MAINTAINED AND SUCCESSFULLY EXECUTED ON A COMPREHENSIVE STRATEGY THAT HAS LEFT UTAH UNIQUELY POSITIONED AS "READY, WILLING, AND ABLE" TO HOST ANOTHER OLYMPIC WINTER GAMES. 2860283 true true false false false false false false false false true false false true true true false true false false false false false false true false false true false true false false false false false false false false true false false false false true false true false true 13 0 true 19 true false false false false false true true false false false false false false X 37 36 false false false false false false false true true false false false true true true true true true false false UT X THE ORGANIZATION 8013282372 201 SOUTH MAIN STREET NO 2125 SALT LAKE CITY UT 84111 JEFF ROBBINS PRESIDENT & 47.25 2.75 X X 329644 0 53710 BRIDGET FARFEL VP MARKETING 20.00 20.00 X 121799 0 12104 JEFFEREY C ROBBINS FINANCE DIRE 20.00 20.00 X 106097 0 16132 STUART ADAMS VICE CHAIR 0.25 0.25 X X 0 0 0 ROB ALLEN TRUSTEE 0.15 0.15 X 0 0 0 SCOTT ANDERSON TRUSTEE 0.25 0.25 X 0 0 0 CHRISTINE ARTHUR AUDIT COMMIT 0.30 0.30 X 0 0 0 JAKE BOYER TRUSTEE 0.15 0.15 X 0 0 0 CURTIS BRAMBLE TRUSTEE 0.15 0.15 X 0 0 0 ROB BROUGH TRUSTEE 0.15 0.15 X 0 0 0 FRASER BULLOCK TRUSTEE 0.15 0.15 X 0 0 0 SPENCER COX HONORARY CHA 0.15 0.15 X 0 0 0 CINDY CRANE TRUSTEE 0.15 0.15 X 0 0 0 TOM DOLAN TRUSTEE 0.20 0.20 X 0 0 0 GREG EASTON TRUSTEE 0.15 0.15 X 0 0 0 LISA ECCLES TRUSTEE 0.15 0.15 X 0 0 0 SPENCER ECCLES TRUSTEE 0.15 0.15 X 0 0 0 CHRISTIAN GARDNER TRUSTEE 0.15 0.15 X 0 0 0 KATHY GARFF TRUSTEE 0.15 0.15 X 0 0 0 MARC HARRISON TRUSTEE 0.25 0.25 X 0 0 0 ERIC HEIDEN TRUSTEE 0.15 0.15 X 0 0 0 GARY HERBERT TRUSTEE 0.20 0.20 X 0 0 0 GARY HOOGEVEEN TRUSTEE 0.15 0.15 X 0 0 0 DAVID HUNTSMAN TRUSTEE 0.15 0.15 X 0 0 0 DAVID LAYTON TRUSTEE 0.50 0.50 X 0 0 0 MICHAEL LYNCH TRUSTEE 0.15 0.15 X 0 0 0 AL MANSELL TRUSTEE 0.75 0.75 X 0 0 0 MIKE MCKELL TRUSTEE 0.15 0.15 X 0 0 0 ERIN MENDENHALL TRUSTEE 0.15 0.15 X 0 0 0 STEPHEN MILLER SECRETARY 0.15 0.15 X X 0 0 0 ANN MILLNER TRUSTEE 0.15 0.15 X 0 0 0 PETER MOUSKONDIS TREASURER 0.15 0.15 X X 0 0 0 MIKE PLANT TRUSTEE 0.15 0.15 X 0 0 0 J STEVEN PRICE TRUSTEE 0.25 0.25 X 0 0 0 DAVID SIMMONS CO-CHAIR 0.75 0.75 X X 0 0 0 JIM SORENSON VICE CHAIR 0.15 0.15 X X 0 0 0 RANDALL TAYLOR TRUSTEE 0.15 0.15 X 0 0 0 BRAD WILSON CO-CHAIR 0.30 0.30 X X 0 0 0 JENNY WILSON TRUSTEE 0.15 0.15 X 0 0 0 557540 81946 2 false true false 275500 114100 377160 91535 766760 UTAH CHAMPIONSHIP GOLF 711210 319923 319923 319923 263528 263528 5829 5829 5829 5829 27500 275500 139637 -112137 -112137 MISCELLANEOUS 900099 1547 1547 1547 1245450 319923 158767 86000 86000 343678 244965 81682 17031 285045 203485 67413 14147 23844 17022 5639 1183 23447 16364 5945 1138 40187 28688 9504 1995 5316 5000 316 43600 43600 9815 9815 70964 64034 3960 2970 68385 68385 30600 9302 21092 206 7745 7745 150053 150053 51575 48726 2355 494 4301 2524 1777 7721 7721 9629 2293 7177 159 SPORT SPONSORSHIP 1325750 1325750 TOURNAMENT EXPENSES 645060 645060 DONATED GOODS 91535 91535 GENERAL DEVELOPMENT 12282 12282 15064 3674 11390 3351596 2860283 437931 53382 11331882 9288670 18254 254461 54377 45980 167445 130747 47726 36698 967994 4734775 4981043 16187014 15574846 508390 426889 1513120 508390 1940009 X 15678624 13634837 15678624 13634837 16187014 15574846 -2106146 62359 X false true X true false X 8238189 406230 3078760 298215 766760 12788154 8238189 406230 3078760 298215 766760 12788154 162175 12625979 41101 92159 10288 13782 263528 420858 547 547 177000 155000 150000 97200 27500 606700 13816259 2435318 0.91380 0.93040 X PART II, LINE 10 579,200 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24651 2328 22323 63159 55371 7788 79635 73048 6587 36698 INTERCOMPANY RECEIVABLE 3579300 ROU LEASE ASSET 1400768 OTHER ASSETS 975 4981043 NON-CURRENT LEASE PAYABLE 1513120 1513120 X 1481520 62359 173711 236070 1245450 1245450 3525307 173711 173711 3351596 3351596 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES. THIS REQUIRES THE EVALUATION BY MANAGEMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN PREPARATION OF THE ORGANIZATION'S TAX RETURNS TO DETERMINE IF THE POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED IF EXAMINED BY THE TAXING AUTHORITIES. MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN INCOME TAX POSITIONS. GENERALLY, THE ORGANIZATION'S TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR THREE YEARS FROM THE DATE FILED. STATE OF SPORT 303000 275500 27500 5475 3119 41879 89164 303000 275500 27500 5475 3119 41879 89164 139637 -112137 true TONY FINAU FOUNDATION 2751 TURNBERRY LANE LEHI UT 84043 472111415 501C3 80000 CHARITABLE PGA TOUR FIRST TEE FOUNDATION INC PO BOX 3055 PONTE VEDRA BEACH FL 32004 834186070 501C3 6000 CHARITABLE 2 SCHEDULE I, PAGE 1, PART I, LINE 2 THE GRANT WAS MADE TO BENEFIT THE GENERAL MISSIONS OF THE ORGANIZATIONS AND NO MONITORING OF THE GRANTS WAS NEEDED. X X X X false false false false false false false true false JEFF ROBBINS PRESIDENT & CEO 284444 45200 29000 24710 383354 SCHEDULE J, PAGE 1, PART I, LINE 7 THE CEO RECEIVED A NON-FIXED BONUS PAYMENT BASED ON HIS PERFORMANCE. X 1 63500 X OTHER 1 3000 X SIGNS/PRINTING 1 25035 false true false SCHEDULE M, PAGE 2, PART II THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN B. FORM 990 - ORGANIZATION'S MISSION THE UTAH SPORTS COMMISSION FOUNDATION IS A CHARITABLE ORGANIZATION GOVERNED BY AN ALL-VOLUNTEER BOARD OF TRUSTEES CONSISTING OF STATEWIDE SPORTS, BUSINESS, AND COMMUNITY LEADERS, AND WAS CREATED TO FOSTER NATIONAL AND INTERNATIONAL SPORTS COMPETITIONS TO BE HELD IN THE STATE OF UTAH. FORM 990, PAGE 2, PART III, LINE 4B KORN FERRY TOUR UTAH CHAMPIONSHIP - THE UTAH SPORTS COMMISSION, AS A 501 (C)(3)ENTITY, CONTRACTS DIRECTLY WITH THE PGA TOUR TO ACT AS HOST ORGANIZATION FOR THE KORN FERRY TOUR'S UTAH CHAMPIONSHIP. THE TOURNAMENT GIVES UTAH GOLF FANS AN OPPORTUNITY TO WATCH THE FUTURE STARS OF THE PGA TOUR FIRSTHAND AND GENERATES MILLIONS OF DOLLARS OF ECONOMIC IMPACT AND MEDIA EXPOSURE TO THE STATE AND MANY OF ITS LOCAL COMMUNITIES. SUPPORT FOR THE TOURNAMENT COMES PRIMARILY FROM NATIONAL, STATE, AND LOCAL SPONSORS IN THE FORM OF CASH AND IN-KIND DONATIONS. NOTABLE UTAH CHAMPIONSHIP ALUMNI INCLUDE TONY FINAU,JOHN DALY, BUBBA WATSON, ZACH JOHNSON, AND CAMERON CHAMP. OVER THE PAST FIVE YEARS, THE TOURNAMENT HAS DONATED MORE THAN 350,000 TO UTAH BASED CHARITIES SUCH AS THE HUNTSMAN CANCER FOUNDATION, THE TONY FINAU FOUNDATION, AND THE LOCAL CHAPTER OF THE BOYS AND GIRLS CLUB. FORM 990, PAGE 2, PART III, LINE 4C SPORTS EVENTS, TV ADVERTISING, PROMOTION AND MARKETING - THE SPORTS COMPETITIONS AND EVENTS THAT THE UTAH SPORTS COMMISSION PARTNERS WITH SERVE AS VALUABLE ECONOMIC IMPACT AND IMAGE BUILDING DRIVERS, ESPECIALLY THOSE THAT PROVIDE NATIONAL AND INTERNATIONAL TELEVISION EXPOSURE. BY SHOWCASING UTAH'S AWE-INSPIRING LANDSCAPES TO A BROAD AUDIENCE, THE ORGANIZATION MORE EFFECTIVELY TARGETS KEY TOURISM DEMOGRAPHICS THROUGH STRATEGIC ADVERTISEMENTS, BRAND ASSOCIATIONS, AND CALLS TO ACTION. ADDITIONALLY, BECAUSE MAJOR SPORTS COMPETITIONS TEND TO BE FOLLOWED BY SIGNIFICANT TELEVISION COVERAGE, DIGITAL, SOCIAL, AND OTHER MEDIA ASSETS, THE ORGANIZATION ACTIVELY PURSUES THESE TYPES OF EVENTS AS PART OF ITS MARKETING AND BRANDING STRATEGY. BY LEVERAGING THE MEDIA ASSETS ASSOCIATED WITH SOME OF THE WORLD'S MOST PRE-EMINENT SPORTING EVENTS, THE ORGANIZATION IS BETTER ABLE TO PROMOTE AND BRAND UTAH AS, "UTAH: THE STATE OF SPORT," WHILE CEMENTING UTAH'S STATUS AS A PREMIER DESTINATION FOR WORLD CLASS INTERNATIONAL, NATIONAL, AND OLYMPIC RELATED AMATEUR SPORTS COMPETITIONS. UTAH OLYMPIC LEGACY AND RELATED EFFORTS - THE GOVERNOR AND THE UTAH STATE LEGISLATURE HAVE ENCOURAGED THE UTAH SPORTS COMMISSION TO ASSIST WITH THE STATE'S OLYMPIC BID AND EXPLORATION EFFORTS. THE ORGANIZATION HAS MAINTAINED A LONG RUNNING FOCUS ON LANDING EVENTS THAT BUILD ON UTAH'S OLYMPIC LEGACY AND POSITION THE STATE FAVORABLY WITH KEY OLYMPIC CONSTITUENCIES AS IT LOOKS TO HOST ANOTHER OLYMPIC WINTER GAMES. THE UTAH SPORTS COMMISSION, THE STATE OF UTAH, AND ITS MANY PARTNERS HAVE MAINTAINED AND SUCCESSFULLY EXECUTED ON A COMPREHENSIVE STRATEGY THAT HAS LEFT UTAH UNIQUELY POSITIONED AS "READY, WILLING, AND ABLE" TO HOST ANOTHER OLYMPIC WINTER GAMES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE PRIOR TO ISSUANCE. FORM 990, PAGE 6, PART VI, LINE 12C WE REQUIRE THAT ALL BOARD MEMBERS SIGN A CODE OF CONDUCT AGREEMENT, PROVIDING ASSURANCE THAT THEY HAVE READ AND UNDERSTAND OUR CODE OF CONDUCT POLICY AND AGREE TO ABIDE BY ITS TERMS. PART OF THIS AGREEMENT REQUIRES DISCLOSURE OF CONFLICTS OF INTEREST. FURTHERMORE, WE REQUIRE THAT BOARD MEMBERS WITH A CONFLICT OF INTEREST RECUSE THEMSELVES FROM VOTING. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE MEETS AS NEEDED TO REVIEW, ADJUST OR APPROVE THE CEO'S COMPENSATION. THEY TYPICALLY LOOK AT SEVERAL METRICS TO DETERMINE THE APPROPRIATENESS OF CEO COMPENSATION, WITH PERFORMANCE, TENURE, IRS GUIDELINES AND INDUSTRY COMPENSATION COMPARATIVES BEING SOME OF THE METRICS THEY TAKE INTO CONSIDERATION. THE CEO'S COMPENSATION MAY NOT BE CHANGED OR ALTERED WITHOUT APPROVAL OF THE COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE TO PUBLIC UPON REQUEST. UTAH SPORTS COMMISSION 201 SOUTH MAIN STREET 2125 SALT LAKE CITY UT 84111 870650627 SPORTS UT 501C6 N/A false false false false false false false false false false false false false false true true false true false false UTAH SPORTS COMMISSION Q 420500 ALLOCATION