Page 31 - 2024 Annual Report

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Financial The Association’s Business resulted in the Association returning

Model: Giving Back
$90,257 in rights fees to member schools.
Review The sports broadcasting landscape Year over year, the IHSAA has continued
to prioritize the equitable distribution of
has evolved because of technology that
resources and will do the same with new
offers the ability to reach new audiences.
In addition to the revenue given back
revenue streams. This stewardship shows
to member schools from ticket sales,
the IHSAA also returns revenue to its the IHSAA’s unwavering commitment to
local communities and its determination
membership from the video rights fees paid in sustaining the rich tradition of high
by broadcasters to showcase Football and school athletics—which is rooted in
Basketball Sectional events. This brand nurturing the holistic development of
new source of revenue reimbursement Indiana student-athletes.

TOTAL REVENUE $14,940,027 TOTAL EXPENSES $13,563,075

CATEGORY PERCENTAGE OF INCOME CATEGORY PERCENTAGE OF EXPENSES
Boys Sports 52.54% Boys Sports 35.78%
Girls Sports 23.57% Administration 31.52%
Corporate Partnerships 8.19% Girls Sports 15.71%
Investment 5.84% Contest Officials 8.44%
TV 5.67% Public Relations & 4.38%
Officials Licensure 2.98% Advertising
Grants 0.50% Technology & Building 2.09%
Additional Revenue 0.38%
Unified® Sports 0.23%

TOTAL SPORTS REVENUE $11,421,510 TOTAL SPORTS EXPENSES $7,791,973

Community Values Over Notably, 98% of revenue generated from
Corporate Values sectional ticket sales from the IHSAA
Football and Boys and Girls Basketball CATEGORY TOTAL CATEGORY TOTAL
The IHSAA operates as a private not-for- Tournaments is given back to member Boys Sports Revenue $ 7,865,677 Boys Sports Expenses $ 5,305,005
profit 501(c)(3) corporation dedicated schools and their school communities.
to serving its member schools. Unlike Girls Sports Revenue $ 3,521,458 Girls Sports Expenses $ 2,413,513
for-profit entities, the IHSAA prioritizes In addition to ticket sales, the IHSAA Unified® Sports $ 34,375 Unified® Sports $ 73,455
community interests over business secures essential revenue through TOTAL SPORTS REVENUE $ 11,421,510 TOTAL SPORTS EXPENSES $ 7,791,973
interests. It does not receive any state or corporate partnerships, media rights
federal tax funding for its operations. agreements, and the licensure of officials. Member School $ 3,337,147
Distributions
These diverse revenue streams enable the
The primary source of revenue for the IHSAA to support its operational needs IHSAA Net Income $ 292,390
IHSAA is ticket sales, reflecting the while fulfilling its mission of serving
vibrant support of Indiana’s high school Indiana’s school communities by promoting
sports culture. Approximately 1.2 million and administering high school athletics. During the 2023-24 school year, the IHSAA returned over $3 million dollars to its member schools.
tickets are sold annually for tournament That’s more than $500,000 returned to Indiana high schools than the previous year. It’s also the most
events, which serve as vital gatherings for the Association has ever been able to distribute back to its membership.
communities across the state.

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