AI Summary
The Sport and Entertainment Corporation of Maryland is a 501(c)(3) nonprofit established in 2019, dedicated to promoting community recreation and supporting major sports events in Maryland. With an operating budget of $11.3 million and total revenue of $14.4 million in 2023, the organization focuses on enhancing the state's quality of life through cultural and operational event integrity, economic analysis, and partnerships for sports initiatives. It does not rely on a single funder for 50% or more of its revenue.
Mission Statement
The Sport and Entertainment Corporation of Maryland is a 501c3 established in 2019 to further and promote exclusively, charitable, religious, educational and scientific purposes and the business and objects to be carried on and promoted by it are: 1 To incubate cultural and operational event integrity for large scale sport and entertainment events in Maryland 2 To support Maryland Sports in hosting major sports events, economic analysis and research relating to sports, sponsorship of major sports events, and development of partnerships with other public and private entities to sponsor major sports events 3 To lessen the governments burden by promoting regional, national and international sporting events in the State of Maryland 4 To recruit, retain, market, promote and manage sports events that have positive media exposure, economic impact and image impact within the State of Maryland, and which will enhance the quality of life of citizens of the State of Maryland and 5 To solicit and
Cause Areas
2
Sports and recreation
Community recreation
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND’s budget?
In 2023, SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND reported an annual operating budget of around $11.3 million. More detailed financial information is available to registered users.
What causes does SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND support?
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND supports work in Sports and recreation and Community recreation.
Where does SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND operate?
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND is headquartered in BALTIMORE, MD.
Who funded SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND recently?
In 2024, SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND received grants from THE AYCO CHARITABLE FOUNDATION, 4 CORNERSTONES FOUNDATION, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND received in 2024?
The largest grant to SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND in 2024 exceeds $20 thousand.
What is SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND’s reliance on government grants?
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND relied on government grants for more than 25% of their total revenue in 2023.