Page 29 - 2015 IHSAA Annual Report

SECTION SIX FINANCIAL REVIEW

Ticket sales during state championship tournament events account for about 57% of the IHSAA’s total annual revenue.
The licensing of IHSAA officials, broadcast rights fees and corporate partnerships provide the remaining 43%.

IHSAA Financial Review–2014-15

The Indiana High School Athletic Association, $2.24 million to sustain services provided to
Inc. is a private non-for-profit 501(c)(3) corpo- the membership. Those amenities include the
ration that receives no federal, state or local provision of catastrophic medical insurance
funding to augment its operation. The IHSAA’s for over 160,000 student-athletes while partici-
only sources of revenue are from the proceeds of pating in interscholastic athletics and practices
ticket sales during state championship tourna- at our member-schools, blanket accident
ment series events, the licensing of nearly 8,000 insurance for all licensed contest officials, rules
contest officials, broadcast rights fees and corpo- books and publications for member-schools and
rate partnerships. The accounting firm of Petrow use of the ArbiterSports® suite of web based
Leemhuis Vincent and Kane perform an annual software products. The IHSAA is happy to offer
audit of the Corporation’s finances and prepares these services and many more without charge.
and files appropriate tax forms for the Associa- Additionally, the Association is one of the few
tion. These processes are completed during the state associations in the United States that
months of September and October each year. does not assess an annual membership fee or
charge entry fees to participate in tournament
The IHSAA Returned More events while allowing every member-school
Than $2.52 Million Dollars admittance into any and all tournaments in
to Member-Schools which it chooses to participate. Finally, through
our partnership with Special Olympics Indiana,
In 2014-15, the IHSAA returned over $2.52 39 IHSAA member-schools received a total of
million dollars to member-schools from $78,000 for their Unified Sports® Track and
tournament series events in the form of Field program, bringing the total disbursement
reimbursements and stipends while retaining to membership at $2.6 million in 2014-15.

INDIANA HIGH SCHOOL ATHLETIC ASSOCIATION ANNUAL REPORT 2015 27