Page 16 - 2018 IHSAA Annual Report

2017-18: Financial Review

The fans of Decatur Central, New Palestine, Speedway and Pioneer high schools saw their
teams win state softball championships at Bittinger Stadium on the Purdue University
campus, one of the premier softball venues in the United States.

The Indiana High School Athletic Associa- catastrophic medical insurance for over
tion, Inc. is a private not-for-profit 501(c)(3) 160,000 student-athletes while participating
corporation that receives no federal, state or in interscholastic athletics and practices
local funding to augment its operation. The at our member-schools, blanket accident
IHSAA garners revenue from the proceeds insurance for all licensed contest officials,
of ticket sales during state championship rules books and publications for member-
tournament series events, the licensure of schools. The IHSAA is proud to offer these
nearly 8,000 contest officials, media rights services and many more without charge.
fees and corporate partnerships. Annually, Additionally, the Association does not assess
the accounting firm of Petrow Leemhuis an annual membership fee or charge entry
Vincent and Kane performs an audit of the fees to participate in tournament series
Corporation’s finances and prepares and files events while allowing every member-school
appropriate tax forms for the Association. admittance into any and all tournament
These processes are completed during the series events they choose to contest. Finally,
months of September and October each year. through our partnership with Special Olym-
pics Indiana, 95 IHSAA member-schools
In 2017-18, the IHSAA returned over received a total of $116,000 for their Unified
$2.67 million dollars to member-schools Sports® Track and Field program bringing
from tournament series events in the the total disbursement to membership at
form of reimbursements and stipends $2.78 million dollars in 2017-18.
while retaining $2.39 million to sustain
services provided to the membership.
Those amenities include the provision of

16 INDIANA HIGH S CHOOL A THLE TIC ASS OCIA TION Annual Report 2018