SIOUX FALLS SPORTS AUTHORITY

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

SIOUX FALLS, SD

Total Revenue
$433,742
Total Expenses
$464,227
Total Assets
$907,013
Net Assets
$874,949
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
SD
Principal Officer
THOMAS LEE
Phone
6053732041
Tax Period
2023-01-01 to 2023-12-31

SIOUX FALLS SPORTS AUTHORITY, founded in 2008, is a community nonprofit in the Recreation & Sports sector that reported $7.4M in total revenue in fiscal year 2018. Revenue surged 143% from the prior year, signaling strong growth momentum. Expenses of $8.2M exceeded revenue, resulting in a 10% 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.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $33,894
Program Service Revenue $389,361
Investment Income $10,487
Other Revenue $0
TOTAL REVENUE $433,742

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,372
Fundraising Expenses $0
Program Expenses $168,337
Other Expenses $249,855
TOTAL EXPENSES $464,227

Year-over-Year Comparison

2023 2022 Change
Revenue $433,742 $505,362 -0.1%
Expenses $464,227 $468,355 0.0%
Net Income $-30,485 $37,007 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
16
Employees
N/A
Volunteers
575

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
4
$150,996
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA DYKHOUSE CHAIR 1.00
Officer Director
$0 $0 $0
TERRY BALOUN EXECUTIVE COMMITTEE/VICE 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 BOARD MEMBER 1.00
Director
$0 $0 $0
DAN RADIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
MAX SANDLIN BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN LAMPE BOARD MEMBER/PAST CHAIR 1.00
Director
$0 $0 $0
SCOTT LAWRENCE BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS LEE EXECUTIVE DIRECTOR 40.00
Officer
$0 $29,319 $150,996
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
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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