Page 23 - 2020 IHSAA Annual Report
P. 23

Financial Review






                                                 The IHSAA has



                                                 always put its


                                                 member-schools first.



                                                 And 2019-20 was no


                                                 exception.






                                                 Here are two points that every high school administrator,
                                                 educator and coach in Indiana will appreciate:



                                                   •  In 2019-20, the IHSAA returned over $2.28 million to
                                                     member-schools while keeping $1.67 million for opera-
                                                     tions, despite the fact that it received no income from the
                                                     boys basketball or spring sport tournaments.

                                                   •  And while the revenue that was returned to member-
                                                     schools in 2019-20 was about 11% less than the previous
                                                     year, the IHSAA retained 30% less money to operate on.



                                                 Unlike many state associations, the IHSAA does not charge its
                                                 member-schools an annual membership fee or any tournament
                                                 entry fees, and yet it continues to provide a list of amenities
                                                 that some member-schools would be hard pressed to provide
                                                 for themselves. In addition, schools compete for state champi-
                                                 onship trophies in world-class venues, resulting in memories
                                                 that last a lifetime for student-athletes and fans.

                                                 Going forward, the administrative staff continues to explore
                                                 ways to operate efficiently without diminishing the invaluable
                                                 support it provides its member-schools and the 160,000
                                                 student-athletes they serve.

                                                 Much of the credit for remaining financially viable during
                                                 an extraordinarily tough time goes to the IHSAA’s corporate
                                                 partners. Our gratitude to them is without measure.











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