SIOUX FALLS SPORTS AUTHORITY

EIN: 205850491 501(c)(3) Recreation & Sports

SIOUX FALLS, SD

Total Revenue
$441,709
Total Expenses
$785,762
Total Assets
$647,384
Net Assets
$542,910
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
SD
Principal Officer
THOMAS LEE
Phone
6053732041
Tax Period
2025-01-01 to 2025-12-31

SIOUX FALLS SPORTS AUTHORITY, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $442K in total revenue in fiscal year 2025. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $786K exceeded revenue, resulting in a 78% operating deficit.

Mission

THROUGH COLLABORATIVE EFFORTS WITH COMMUNITY STAKEHOLDERS, RECRUIT AND ATTRACT INTERNATIONAL, NATIONAL, REGIONAL AND STATE SPORTING AND ENTERTAINMENT EVENTS, WHILE ADDING TO THE ECONOMIC IMPACT AND THE INTERNATIONAL AND NATIONAL EXPOSURE, FOR THE GREATER SIOUX FALLS AREA.

Program Service Accomplishments

Program 1
Expenses: $454,881 Revenue: $382,798

TO PROVIDE THE CITIZENS OF SIOUX FALLS A WIDE VARIETY OF SPORTING AND ENTERTAINMENT EVENTS THROUGH THE MANAGEMENT, LEASING, ENHANCING OR OWNERSHIP OF SPORTING AND ENTERTAINMENT FACILITIES IN THE...

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TO PROVIDE THE CITIZENS OF SIOUX FALLS A WIDE VARIETY OF SPORTING AND ENTERTAINMENT EVENTS THROUGH THE MANAGEMENT, LEASING, ENHANCING OR OWNERSHIP OF SPORTING AND ENTERTAINMENT FACILITIES IN THE SIOUX FALLS AREA.

Program 2

N/A

Program 3

N/A

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $37,188
Program Service Revenue $385,939
Investment Income $18,582
Other Revenue $0
TOTAL REVENUE $441,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $256,757
Fundraising Expenses $0
Program Expenses $454,881
Other Expenses $529,005
TOTAL EXPENSES $785,762

Year-over-Year Comparison

2025 2024 Change
Revenue $441,709 $890,980 -0.5%
Expenses $785,762 $878,966 -0.1%
Net Income $-344,053 $12,014 -29.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
17
Employees
N/A
Volunteers
550

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$173,213
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA DYKHOUSE BOARD MEMBER/PAST CHAIR 1.00
Officer Director
$0 $0 $0
BOB THIMJON EXECUTIVE COMMITTEE/TREASURER 1.00
Officer Director
$0 $0 $0
MARC MURREN BOARD MEMBER 1.00
Director
$0 $0 $0
JON THUM BOARD MEMBER 1.00
Director
$0 $0 $0
KIM BURMA BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN JANS BOARD MEMBER 1.00
Director
$0 $0 $0
DON KEARNEY BOARD MEMBER 1.00
Director
$0 $0 $0
CASEY MEILE BOARD MEMBER 1.00
Director
$0 $0 $0
TERI SCHMIDT BOARD MEMBER 1.00
Director
$0 $0 $0
CURT SOEHL EXECUTIVE COMMITTEE/VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAN RADIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE YOUNG EXECUTIVE COMMITTEE/CHAIR 1.00
Officer Director
$0 $0 $0
MAX SANDLIN BOARD MEMBER 1.00
Director
$0 $0 $0
BRENT HODGKISS EXECUTIVE COMMITTEE/SECRETARY 1.00
Officer Director
$0 $0 $0
HUGH VENRICK BOARD MEMBER 1.00
Director
$0 $0 $0
TAMIEN DYSART BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA SCHILLING BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS LEE EXECUTIVE DIRECTOR 40.00
Officer
$0 $32,813 $173,213
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $441,709 $785,762 $647,384 $-344,053
2024 No data No data No data No data
2023 $433,742 $464,227 $907,013 $-30,485
2022 $505,362 $468,355 $944,751 $37,007
2021 $6,543,393 $6,833,809 $3,414,358 $-290,416
2020 $6,429,018 $6,506,149 $3,796,194 $-77,131
2019 $7,935,102 $7,677,645 $3,172,727 $257,457
2019 $7,935,102 $7,677,645 $3,172,727 $257,457
2018 $7,445,101 $8,216,482 $3,957,566 $-771,381
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