2024-11-10T13:53:50-07:00 2023-12-31 271375413 BWK Rogers PC 431 South 7th Street Suite 2424 Minneapolis MN 55415 990 2023-01-01 851580569 MINNESOTA SPORTS AND EVENTS MINN 6128169771 8009 34th Ave S Suite 1100 Minneapolis MN 55425 Wendy Blackshaw President, CEO 6128169771 2024-11-11 1 1 Melissa J Baraibar P02464922 6123325446 2024-11-07 2023 2024-10-15 13:58:12Z Wendy Blackshaw 8009 34th Ave S Suite 1100 Minneapolis MN 55425 1509595 0 X https://www.mnsportsandevents.org/ X 2020 MN Bid on and execute mega events to drive economic and social impact to city, region, and state. 21 21 15 500 0 0 215000 270000 4033961 1133490 0 106105 0 0 4248961 1509595 0 0 0 0 435752 445205 0 0 0 2410311 2089138 2846063 2534343 1402898 -1024748 1075980 9214980 394375 9558123 681605 -343143 To drive economic benefit and support meaningful community engagement in the Bloomington, Minneapolis and St. Paul regional area by attracting and managing world class sporting events. 0 0 USA Gymnastics: When you think of Minnesota and gymnastics, chances are you think of the heart-stopping, jaw-dropping Olympic performances of Suni Lee, Grace McCallum and John Roethlisberger. But that's just the beginning. Every day, Minnesota is inspiring the next generation of amazing, world-class gymnasts. We have 61 USA Gymnastics clubs across our state, and 130 high schools with teams competing through MSHSL. The University of Minnesota has a D1 Women's gymnastics program, and three other Minnesota universities have Men's and Women's gymnastics teams competing at the D3 level. When it comes to hosting gymnastics events, Minneapolis and St. Paul scores a perfect 10. We've welcomed fans from around the world to some of the biggest events in the sport, from the Gold Over America Tour and the USAG Tour, to the USA Gymnastics National Championships, Tour of World Gymnastics Champions, and World Gold Gymnastics. In fact, you could say we've been training for the 2024 Olympic Trials for decades! Because of the dynamic gymnastics' community, Minneapolis was chosen as a finalist city in Q4 of 22. Minnesota Sports and Events worked closely with United States Gymnastics to choose Target Center and Minneapolis Convention Center to host the events. Minnesota Sports and Events Executive Board voted to move ahead to submit the bid for the Olympic Trials because it met the goals and objectives of the organization: * Significant economic impact - $40-$50M * Significant visitors to MN - app 40,000 from region, state and across the country * Positive impact on still struggling hospitality industry, especially in Downtown Minneapolis * Multiple venue use - Target Center and MCC * USAG's desire to choose a host city that aligns with female reproductive rights * 4 nights of NBC Primetime, as well as digital and social promotional exposure and coverage that will provide millions of media impressions to support Minneapolis. * During the Olympics, a few weeks later, continual references to the Olympic Trials in Minneapolis will continue to expand on the positive impact for Minneapolis and the state of Minnesota. USA Gymnastics, the national governing body of United States Gymnastics, has chosen Minneapolis to host the Olympic Trials and 3 additional events in June of 2024. The events will all kick off in June 2024 when we welcome four gymnastics events in an 8-day span including the Olympic Trials (Target Center), USA Gymnastics National Congress, USA Gymnastics Championships and Gymnastics for All. The USA Gymnastics Championships feature rhythmic, trampoline, tumbling and acrobatic gymnastics. Gymnastics for All features 500 athletes in what is also known as group gymnastics, with competitive and noncompetitive opportunities and a division for gymnasts with disabilities. National Congress is the largest educational event in the sport with 2500 gymnastics professionals and exhibitors from around the world. Then last, but certainly not least, the Olympic Trials which will conclude on Sunday June 30 with the announcement of the men's and women's Olympic gymnastics teams who will be heading to Paris to represent the United States. Based on the bid requirements, the budget for executing the event (including all event operations, public safety, ancillary events, team accommodations) is $5.8M. This is the need that was presented and awarded to MNSE for the event. Big 10 2024: As the Local Organizing Committee (LOC), Minnesota Sports and Events (MNSE) is thrilled to bring both the Big Ten Women's and Men's Basketball Tournaments to Target Center next spring! Thousands of Big Ten alumni, students and basketball fans will travel to Minnesota over two weeks in March 2024 to witness some of the most competitive and exciting collegiate basketball in the country! The heart of Minneapolis transforms to host one of the nation's most prestigious college basketball events. All 14 Big Ten Conference women's & men's basketball teams descend on the Target Center with their eyes set on winning the conference title. Catch all your favorite Big Ten tournament teams live. Big 10 2023: This year we welcomed the Big Ten Women's Basketball Tournament to Minnesota for the FIRST TIME EVER! The event has not changed cities since 2015. Big Ten's decision to bring the tournament to Minnesota as they embarked on a new chapter for their organization is a testament to our reputation for producing world-class events, the impact we have made with our commitment to diverse audience engagement and being named the Mecca of Women's Basketball by The New York Times. We are fortunate to host the tournament here this year and again in 2024, and to have the opportunity to help both the event and sport flourish. MNSE general program serves as an umbrella organization for the Metropolitan Minneapolis-St. Paul area, to attract and secure future events, such as the Men's Final Four, Olympics Gymnastics Team Trials, World Junior's Hockey Championship, and WWE Summer Slam. 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 15 1 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X CliftonLarsonAllen LLP 6123764500 220 South 6th St Suite 300 Minneapolis MN 55402 Wendy Blackshaw President and CEO 50 0 X 371925 0 23954 Matthew Meunier Deputy Executive Director 40 0 X 130066 0 20422 Lester Bagley Director 1 0 X 0 0 0 Melvin Tennant Director 1 0 X 0 0 0 Stephanie Albert Director 1 0 X 0 0 0 Shari Ballard Director 1 1 X 0 0 0 Ethan Casson Director 1 0 X 0 0 0 Dusty Clements Director 1 0 X 0 0 0 Jena Cogswell Director 1 0 X 0 0 0 Laura Daly Director 1 0 X 0 0 0 Jaimee Lucke Hendrikson Director 1 0 X 0 0 0 Matt Majka Director 1 0 X 0 0 0 Laurie Marsh Director 1 0 X 0 0 0 John Marshall Director 1 0 X 0 0 0 Amy Rahja Director 1 0 X 0 0 0 Peter VanOverbeke Director 1 0 X 0 0 0 Michael Vekich Director 1 0 X 0 0 0 David Ybarra Director 1 0 X 0 0 0 Doug Carnival Director 1 0 X 0 0 0 Jeff Davidman Director 1 0 X 0 0 0 Carrie Higgs Director 1 0 X 0 0 0 Wade Lunaburg Director 1 0 X 0 0 0 Bonnie Carlson Co-Chair 1 0 X X 0 0 0 Dave St Peter Co-Chair 1 0 X X 0 0 0 Jill Renslow Finance Chair 1 0 X X 0 0 0 501991 0 44376 2 0 1 0 Clamour LLC 807 Broadway St NE Ste 200 Minneapolis MN 55413 Events Execution & Management 144753 Graham Company LLC 3438 21st Ave S Minneapolis MN 55407 Event Planning 101000 2 0 0 0 0 0 270000 0 270000 Sponsorships, Hotel Rebates, Suite Sales 711300 287665 287665 0 0 Management Fees 711300 60000 60000 0 0 Contract Revenue 711300 581210 581210 0 0 Champions Council 711300 204615 204615 0 0 0 0 0 0 1133490 106105 0 0 106105 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1509595 1133490 0 106105 X 0 0 0 0 211437 0 200958 1860 15576 15374 0 96288 87992 0 0 0 1214517 73648 32148 21442 0 10125 63033 0 30702 6132 0 0 11069 Events 422461 Dues & Subscriptions 14307 5274 2534343 0 0 0 932847 12587 7912270 118480 3810 3973 1283180 20680 3133 1075980 9214980 67625 326641 142308 9231482 184442 0 394375 9558123 X 681605 -343143 0 0 681605 -343143 1075980 9214980 -1024748 0 0 0 0 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 1509595 0 0 0 0 0 1509595 0 0 0 1509595 2534343 0 0 0 0 0 2534343 0 0 0 2534343 Schedule D, Part X, Line 2 The Organization's activities are generally exempt from federal and state income taxes under Section 501(c)(6) of the Internal Revenue Code. Since the Organization is exempt from federal and state income tax liability, no provision is made for current or deferred income tax expense. The Organization is not a private foundation. Management has determined that the Organization is not subject to unrelated business income tax. Management is not aware of any transactions that would impact the Organization's tax-exempt status. The Organization follows the guidance of the Accounting Standard Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of positions taken or expected to be taken in a tax return. For the years ended December 31, 2023 and 2022, management of the Organization is not aware of any material uncertain tax positions. All tax-exempt entities are subject to review and audit by federal, state and other applicable agencies. Such agencies may review the taxability of unrelated business income, or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. For federal tax purposes, the tax returns remain open for possible examination for a period of three years after the respective filing deadlines of those returns. X X X 0 0 0 Wendy Blackshaw President and CEO 187483 0 0 0 184442 0 10500 0 13454 0 395879 0 0 0 Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by an independent public accounting firm using information provided by the organization. Once a draft of the return is ready, it will be reviewed by the management and the Finance Committee before it is filed. Form 990, Part VI, Section B, Line 12c The conflict-of-interest policy is applicable to all directors, officers, and key persons, regardless of whether they are compensated for their services. Each individual must complete a disclosure statement upon their election/hire and annually thereafter. The Board, without the presence of the concerned person, shall decide if a conflict of interest exists. The decision regarding the proposed transaction giving rise to a conflict of interest shall be contemporaneously documented in the minutes of the governing board. Form 990, Part VI, Section B, Line 15 Compensation decisions are made by the Board with reference to comparable data for similarly qualified persons functioning in comparable roles. Form 990, Part VI, Section C, Line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, Line 11g Contracted Services $757,202; Marketing and Communications $449,040; Public Relations $2,587; Photographer and Videographer $5,688.