TENNESSEE SPORTS HALL OF FAME INC

EIN: 237036422 501(c)(3) Education

Nashville, TN

Total Revenue
$855,287
Total Expenses
$594,671
Total Assets
$964,058
Net Assets
$898,707
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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
TN
Principal Officer
Bradley Willis
Phone
6158644380
Tax Period
2024-01-01 to 2024-12-31

TENNESSEE SPORTS HALL OF FAME INC, founded in 1969, is a small nonprofit in the Education sector that reported $855K in total revenue in fiscal year 2024. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $261K, a strong 30% operating margin.

Mission

The Tennessee Sports Hall of Fame enshrines and honors athletes, teams, coaches, sports writers, and sports administrators who have made an impact on the history of sports in Tennessee. We believe the lessons learned through sports can be carried throughout one's life and enable them to not only accomplish their goals but also excel in them.

Program Service Accomplishments

Program 1
Expenses: $52,143 Revenue: $0

During early 2024 the Tennessee Sports Hall of Fame maintained an archive of sports memorabilia located in downtown Nashville, TN. School Children, sports fans, and citizens of the state, throughout...

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During early 2024 the Tennessee Sports Hall of Fame maintained an archive of sports memorabilia located in downtown Nashville, TN. School Children, sports fans, and citizens of the state, throughout the year visited the Tennessee Sports Hall of Fame. Long term goals are to continue to make improvements to the museum and to increase the number of visitors by making the public more aware of its existence. The museum was closed in June 2024 with a grand reopening planned for early 2027 in Nashville's newly constructed stadium

Program 2
Expenses: $156,872 Revenue: $217,048

The Tennessee Sports Hall of Fame held the annual induction ceremony and created a TV special. The purpose of the banquet is to honor those individuals and teams in the state who exhibit and...

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The Tennessee Sports Hall of Fame held the annual induction ceremony and created a TV special. The purpose of the banquet is to honor those individuals and teams in the state who exhibit and contribute to the spirit of sportsmanship and genteel competition as well as excellence in their chosen sport.

Program 3
Expenses: $5,000 Revenue: $5,000

East Tennessee Community Foundation Scholarship

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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 (2024)

Revenue Breakdown

Contributions & Grants $626,047
Program Service Revenue $217,048
Investment Income $7,192
Other Revenue $5,000
TOTAL REVENUE $855,287

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,422
Fundraising Expenses $14,534
Program Expenses $214,015
Other Expenses $468,249
TOTAL EXPENSES $594,671

Year-over-Year Comparison

2024 2023 Change
Revenue $855,287 $417,974 +1.0%
Expenses $594,671 $332,920 +0.8%
Net Income $260,616 $85,054 +2.1%
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
19
Independent Members
19
Employees
1
Volunteers
N/A

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
0
$0
Total Directors
19
$0
Key Employees
1
$104,292
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Willis Executive Director 40
Key Emp Highest
$104,292 $0 $104,292
Mark Ezell Executive Committee Chair 1
Director
$0 $0 $0
Phillip Fulmer Board Member 1
Director
$0 $0 $0
Harold Graeter Board President 1
Director
$0 $0 $0
Julie Bennett Board Member 1
Director
$0 $0 $0
Dane Bradshaw Board Member 1
Director
$0 $0 $0
Art Sparks Board Member 1
Director
$0 $0 $0
Scott Carter Board Member 1
Director
$0 $0 $0
Marianne Dunavant Board Member 1
Director
$0 $0 $0
Brad Lampley Board Vice President 1
Director
$0 $0 $0
Ammon Hitchcock Board Member 1
Director
$0 $0 $0
Chris Massaro Board Member 1
Director
$0 $0 $0
Candice Lee Board Member 1
Director
$0 $0 $0
Harold Byrd Board Member 1
Director
$0 $0 $0
Shan Foster Board Member 1
Director
$0 $0 $0
Chris Wampler Board Member 1
Director
$0 $0 $0
Jack Sammons Board Member 1
Director
$0 $0 $0
Laird F Veatch Board Member 1
Director
$0 $0 $0
Rebecca Paul Board Member 1
Director
$0 $0 $0
Chris Corwin Board Member 1.00
Director
$0 $0 $0
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 $855,287 $594,671 $964,058 $260,616
2023 $417,974 $332,920 $703,443 $85,054
2022 $381,294 $310,892 $612,215 $70,402
2021 $175,401 $180,498 $547,813 $-5,097
2020 $124,322 $165,932 $558,952 $-41,610
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