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Nonprofit · EIN 16-1229381

THE INTERNATIONAL BOXING HALL OF FAME INC

Tax-exempt · CANASTOTA, NY 13032

Financials

$625K$461K2021$804K$953K2023$1M$889K2024
Revenue Expenses · by fiscal year end
Financials of THE INTERNATIONAL BOXING HALL OF FAME INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,005,560$888,967$116,593$1,252,424$15,442$1,236,982
December 31, 2023990$803,924$952,605-$148,681$1,155,173$27,865$1,127,308
December 31, 2021990-PF$625,404$461,138$164,266$1,391,943$137,261$1,254,682
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$407,730
of which government grants
$68,400
Membership dues
$37,498
Program service revenue
$563,305
Investment income
$30,346
Other revenue
$4,179

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$82,500
Other salaries and wages
$237,371
Salaries, compensation and benefits (total)
$361,998
Professional fundraising fees
$0
Accounting fees
$22,065
Occupancy
$11,843
Travel
$26,675
Depreciation
$38,440
Program services (functional)
$329,546
Management and general (functional)
$555,951
Fundraising (functional)
$3,470

Balance sheet and other

Total assets, start of year
$1,155,173
Total assets, end of year
$1,252,424
Total liabilities, end of year
$15,442
Net assets, end of year
$1,236,982
Land, buildings and equipment
$606,808
Gross receipts
$1,005,560
Employees
22
Volunteers
0
Year formed
1997
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDWARD P BROPHYEXECUTIVE DIRECTOR
Trustee or director
40$82,500
DARRYL HUGHTOSECRETARY
Trustee or director, Officer
5$0
JOHN GIAMARTINODIRECTOR
Trustee or director
1$0
BOB DAVIDSONDIRECTOR
Trustee or director
1$0
JOHN PATANEDIRECTOR
Trustee or director
1$0
TONY VELLANODIRECTOR
Trustee or director
1$0
KATHLEEN RAPASADIDIRECTOR
Trustee or director
1$0
KATHY ACKERMANDIRECTOR
Trustee or director
1$0
DONALD S ACKERMANPRESIDENT
Officer
5$0
PATRICK MILMOETREASURER
Officer
10$0
DONALD HAMILTONVICE PRESIDENT
Officer
5$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
EDWARD P BROPHYEXECUTIVE DIRECTOR
Trustee or director
40$82,500
DARRYL HUGHTOSECRETARY
Trustee or director, Officer
5$0
JOHN GIAMARTINODIRECTOR
Trustee or director
1$0
BOB DAVIDSONDIRECTOR
Trustee or director
1$0
JOHN PATANEDIRECTOR
Trustee or director
1$0
TONY VELLANODIRECTOR
Trustee or director
1$0
KATHLEEN RAPASADIDIRECTOR
Trustee or director
1$0
KATHY ACKERMANDIRECTOR
Trustee or director
1$0
DONALD S ACKERMANPRESIDENT
Officer
5$0
PATRICK MILMOETREASURER
Officer
10$0
DONALD HAMILTONVICE PRESIDENT
Officer
5$0
990-PF for the year ended December 31, 2021: 13 people
NameTitleHours / weekCompensation
EDWARD BROHPHY
7113 NEW YORKER AVE WILLOWS, CANASTOTA, NY 13032
EXECUTIVE DIRECTOR40$79,500
EDWARD BROPHY
7113 NEW YORKER AVE WILLOWS, CANASTOTA, NY 13032
EXECUTIVE DIRECTOR
Highest-paid employee
40$79,500
DONALD ACKERMAN
81 8TH STREET WEST, ONEIDA CASTLE, NY 13421
PRESIDENT5$0
WILLIAM LEMON
PO BOX 849, DEWITT, NY 13214
VICE PRESIDENT5$0
PATRICK MILMOE
28 ARTISAN WAY, MANLIUS, NY 13104
TREASURER10$0
DARRYL HUGHTO
N MAIN ST, CANASTOTA, NY 13032
SECRETARY5$0
PAUL BASILIO
DOUGLAS HEIGHTS, CANASTOTA, NY 13032
DIRECTOR1$0
PAUL GIAMARTINO
ONE TECHNOLOGY PLACE, EAST SYRACUSE, NY 13057
DIRECTOR1$0
BOB DAVIDSON
7843 GOQUEN DRIVE, LIVERPOOL, NY 13090
DIRECTOR1$0
DONALD HAMILTON
4964 ELGIN DRIVE, SYRACUSE, NY 13215
DIRECTOR1$0
JOHN PATANE
222 PROSPECT ST, CANASTOTA, NY 13032
DIRECTOR1$0
TONEY VELLANO
2005 BENJAMIN PL, SCHENECTADY, NY 12306
DIRECTOR1$0
KATHLEEN RAPASADI
S PETERBORO ST, CANASTOTA, NY 13032
DIRECTOR1$0

Address and contacts

Address (IRS master file)
1 HALL OF FAME DR, CANASTOTA, NY 13032-1175
Principal officer (990 for 2024)
EDWARD P BROPHY, 1 HALL OF FAME DRIVE, CANASTOTA, NY 130321175
Signed the 990
EDWARD P BROPHY, EXECUTIVE DIRECTOR
Phone
(315) 697-7095
Return prepared by
D'ARCANGELO & CO LLP

Mission

THE INTERNATIONAL BOXING HALL OF FAME'S PURPOSE IS TO PRESERVE THE BOXING HISTORY. TO ACHIEVE THIS, THE ORGANIZATION SPONSORS SEVERAL FUNDRAISERS THAT HONOR BOTH THE SPORT OF BOXING AND INDIVIDUAL BOXERS AS WELL AS PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC. THE FUNDRAISERS INCLUDE RAFFLES OF BOXING MEMORABILIA, RAFFLES OF TRIPS TO CURRENT FIGHTS AND THE ANNUAL INDUCTION WEEKEND.

990 for the year ended December 31, 2024

Program accomplishments

  • THE INDUCTION WEEKEND IS THE ORGANIZATION'S PRIMARY FUNDRAISER. EACH YEAR, THE ORGANIZATION INDUCTS SEVERAL "BOXING GREATS" TO THE HALL OF FAME. THE INDUCTEES ARE SELECTED BY A PANEL OF BOXING EXPERTS FROM AROUND THE WORLD BASED ON VARIOUS CATEGORIES OF INDIVIDUALS.
    Expenses $268,439 · revenue $434,946
  • THE MUSEUM OPERATES A GIFT SHOP TO PROMOTE THE SPORT OF BOXING. THE ITEMS SOLD INCLUDE BOXING MEMORABILIA, T-SHIRTS AND OTHER SOUVENIRS.
    Expenses $61,107 · revenue $132,538

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1229381
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,252,424
Income (IRS master file)
$1,005,560

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,005,560$888,967$1,252,424IRS
990December 2023$803,924$952,605$1,155,173XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$625,404$461,138$1,391,943XML
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1229381).

Questions about THE INTERNATIONAL BOXING HALL OF FAME INC

What is the EIN of THE INTERNATIONAL BOXING HALL OF FAME INC?
The employer identification number (EIN) of THE INTERNATIONAL BOXING HALL OF FAME INC is 16-1229381.
Is THE INTERNATIONAL BOXING HALL OF FAME INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to THE INTERNATIONAL BOXING HALL OF FAME INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE INTERNATIONAL BOXING HALL OF FAME INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE INTERNATIONAL BOXING HALL OF FAME INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE INTERNATIONAL BOXING HALL OF FAME INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE INTERNATIONAL BOXING HALL OF FAME INC?
The 990 for the year ended December 31, 2024 names EDWARD P BROPHY.
Who are the officers and directors of THE INTERNATIONAL BOXING HALL OF FAME INC?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $82,500 (EDWARD P BROPHY, EXECUTIVE DIRECTOR).
How much revenue does THE INTERNATIONAL BOXING HALL OF FAME INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,005,560, expenses of $888,967 and total assets of $1,252,424 at year end.

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