2021-11-09T10:30:36-06:00 2020-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2020-01-01 136144356 INTERNATIONAL TENNIS HALL OF FAME INCORPORATED INTE 4018493990 194 BELLEVUE AVENUE NEWPORT RI 02840 TODD MARTIN CEO 4018493990 2021-11-09 1 TODD MARTIN 999009999 PATRICK J MARTIN P00283486 4012742001 2021-11-03 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z TODD MARTIN 194 BELLEVUE AVENUE NEWPORT RI 02840 10781419 0 X WWW.TENNISFAME.COM X 1951 RI PRESERVE. CELEBRATE. INSPIRE. 20 19 98 25 1892 892 7541158 4160123 3940195 1403562 5515542 4011171 782725 -288080 17779620 9286776 50000 131455 0 0 4620422 4237903 0 0 1029398 7259144 4495044 11929566 8864402 5850054 422374 72071973 77796045 8098292 8834820 63973681 68961225 X THE INTERNATIONAL TENNIS HALL OF FAME PRESERVES AND PROMOTES THE HISTORY OF TENNIS AND CELEBRATES ITS CHAMPIONS, THEREBY SERVING AS A VITAL PARTNER IN THE GROWTH OF TENNIS GLOBALLY. 0 0 302003 48099 TENNIS TOURNAMENT - THE HALL OF FAME OPEN FOR THE VAN ALEN CUP IS AN ATP TOUR EVENT HOSTED ANNUALLY ON THE HISTORIC GRASS COURTS OF THE INTERNATIONAL TENNIS HALL OF FAME. THE TOURNAMENT DRAWS 28 OF THE TOP MALE PLAYERS IN THE WORLD COMPETING FOR THE VAN ALEN CUP. THE TOURNAMENT IS THE ONLY ATP TOUR STOP IN THE NORTHEAST AND THE ONLY EVENT TO BE PLAYED ON GRASS COURTS IN NORTH AMERICA. 1555562 1271745 TENNIS COURTS - THE INTERNATIONAL TENNIS HALL OF FAME IS TRULY UNIQUE IN THAT IT IS ONE OF THE ONLY HALLS OF FAME WHERE THE PUBLIC CAN ACTUALLY PLAY THE SPORT - TENNIS - ON HALL OF FAME GROUNDS. PLAYERS OF EVERY AGE AND ANY ABILITY LEVEL HAVE THE OPPORTUNITY TO PLAY TENNIS ON THE HALL OF FAME'S LEGENDARY GRASS COURTS, WHERE THE FIRST US NATIONAL TENNIS CHAMPIONSHIPS WERE HELD IN 1881. TENNIS CHAMPIONS PAST AND PRESENT HAVE GRACED THE HALL OF FAME'S GRASS COURTS INCLUDING BILLIE JEAN KING, ROD LAVER, MARTINA NAVRATILOVA, JOHN MCENROE - JUST TO NAME A FEW. THE HALL OF FAME TENNIS CLUB OFFERS ADULT AND JUNIOR TENNIS PROGRAMMING YEAR-ROUND, WITH 6 HARD COURTS, 13 GRASS COURTS, AND 1 CLAY COURT AVAILABLE. 1048512 131455 72968 ENSHRINEMENT - THE INTERNATIONAL TENNIS HALL OF FAME & MUSEUM (ITHF&M) WAS ESTABLISHED IN 1954 AT THE NEWPORT CASINO AS A "SHRINE TO THE IDEALS OF THE GAME". ORIGINALLY NAMED THE NATIONAL LAWN TENNIS HALL OF FAME, IT WAS SANCTIONED BY THE UNITED STATES TENNIS ASSOCIATION IN 1954. THE FIRST CLASS WAS ENSHRINED INTO THE HALL OF FAME IN 1955. IN 1986, WE ACHIEVED WORLDWIDE RECOGNITION AS THE SPORT'S OFFICIAL HALL OF FAME BY THE INTERNATIONAL TENNIS FEDERATION. INDIVIDUALS ARE ELECTED BASED ON THEIR RECORDS OF COMPETITIVE ACHIEVEMENT, WITH ANCILLARY CONSIDERATION GIVEN TO SPORTSMANSHIP AND CHARACTER. INDIVIDUALS ARE ELECTED IN ONE OF THREE CATEGORIES: RECENT PLAYER, MASTER PLAYER, AND CONTRIBUTOR. A SERIES OF VOTING PANELS REPRESENTING THE INTERNATIONAL TENNIS COMMUNITY VOTE TO ELECT THESE INDIVIDUALS FOR ENSHRINEMENT. THE ENSHRINEMENT CEREMONY OCCURS ON BILL TALBERT CENTER COURT DURING THE HALL OF FAME TENNIS CHAMPIONSHIPS. THE MUSEUM, HOUSED IN THE NEWPORT CASINO, WAS BUILT BY JAMES GORDON BENNETT IN 1880. THE NEWPORT CASINO WAS DECLARED A NATIONAL HISTORIC LANDMARK IN 1987, AND BECAME THE FIRST SPORTS HALL OF FAME TO BE ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS IN 2013. THE HISTORIC NEWPORT CASINO IS AN UNCOMMON EXAMPLE OF SPORTING EXCELLENCE. THE EXHIBITS HIGHLIGHT THE GROWTH AND DEVELOPMENT OF TENNIS THROUGH THE 21ST CENTURY, WITH A PARTICULAR EMPHASIS ON ITS CULTURAL IMPACT. THE STORIES OF OUR HALL OF FAMERS, FROM OUR FIRST CLASS IN 1955 TO TODAY, ARE TOLD THROUGHOUT THE GALLERIES PROVIDING PERSONAL INSIGHT INTO THE HISTORICAL DEVELOPMENTS OF THE GAME. THE EXHIBITS ARE DRAMATICALLY SET IN THE ORIGINAL ROOMS OF THE NEWPORT CASINO, WHERE VISITORS OF ALL AGES CAN DELIGHT IN STANFORD WHITE'S ARCHITECTURAL DETAIL. THE WOOLARD FAMILY ENSHRINEMENT GALLERY HONORS THE GREATEST CHAMPIONS, INNOVATORS,AND ADMINISTRATORS OF TENNIS WHO HAVE BEEN ENSHRINED INTO THE HALL OF FAME. 1791670 10750 OTHER PROGRAM SERVICES EXPENSES ARE BUILDING EXPENSES AND DEPRECIATION FOR THE NEWPORT CASINO, HOME OF THE ITHF, DESIGNATED A NATIONAL HISTORIC LANDMARK ON FEBRUARY 27, 1987.NATIONAL HISTORIC LANDMARKS ARE NATIONALLY SIGNIFICANT HISTORIC PLACES DESIGNATED BY THE SECRETARY OF THE INTERIOR BECAUSE THEY POSSESS EXCEPTIONAL VALUE OR QUALITY IN ILLUSTRATING OR INTERPRETING THE HERITAGE OF THE UNITED STATES; FEWER THAN 2,500 HISTORIC PLACES BEAR THIS NATIONAL DISTINCTION. 139759 TENNIS COURTS - THE INTERNATIONAL TENNIS HALL OF FAME IS TRULY UNIQUE IN THAT IT IS ONE OF THE ONLY HALLS OF FAME WHERE THE PUBLIC CAN ACTUALLY PLAY THE SPORT - TENNIS - ON HALL OF FAME GROUNDS. PLAYERS OF EVERY AGE AND ANY ABILITY LEVEL HAVE THE OPPORTUNITY TO PLAY TENNIS ON THE HALL OF FAME'S LEGENDARY GRASS COURTS, WHERE THE FIRST US NATIONAL TENNIS CHAMPIONSHIPS 1931429 10750 4837506 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 98 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI NY CA FL MD MA NJ OR PA TN VA AR MS NC SC UT CT ME OH X THE ORGANIZATION 4018493990 194 BELLEVUE AVENUE NEWPORT RI 02840 MICHAEL F GOSS CHAIRMAN 30.00 X X 0 0 0 CHARLES M PASARELL JR VICE CHAIRMAN 0.50 X X 0 0 0 STANLEY R SMITH PRESIDENT 12.50 X X 60000 0 0 LAURIE A ERLANDSON TREASURER 0.50 X X 0 0 0 JAMES M CITRIN SECRETARY 0.50 X X 0 0 0 ALAN G MNUCHIN EXECUTIVE COMMITTEE 0.50 X 0 0 0 ANDREA W RICE EXECUTIVE COMMITTEE 0.50 X 0 0 0 DANIEL SWAN EXECUTIVE COMMITTEE 0.50 X 0 0 0 DAVID A HAGGERTY EXECUTIVE COMMITTEE 0.50 X 0 0 0 DAVID GOULDEN EXECUTIVE COMMITTEE 0.50 X 0 0 0 JAMES A GOLDMAN EXECUTIVE COMMITTEE 0.50 X 0 0 0 KATRINA M ADAMS EXECUTIVE COMMITTEE 0.50 X 0 0 0 KAY KOPLOVITZ EXECUTIVE COMMITTEE 0.50 X 0 0 0 PHILIP DE PICCIOTTO EXECUTIVE COMMITTEE 0.50 X 0 0 0 RUSSELL P FRADIN EXECUTIVE COMMITTEE 0.50 X 0 0 0 STEPHEN R LEWINSTEIN EXECUTIVE COMMITTEE 0.50 X 0 0 0 ANDREA L LISHER EXECUTIVE COMMITTEE 0.50 X 0 0 0 DEBORAH S LARKIN EXECUTIVE COMMITTEE 0.50 X 0 0 0 KURT L WRIGHT EXECUTIVE COMMITTEE 0.50 X 0 0 0 RAOUL J HUET EXECUTIVE COMMITTEE 0.50 X 0 0 0 PATRICK DRUKEN CONTROLLER 45.00 X 131978 0 17267 STUART UPSON COO 45.00 X 287160 0 41100 TODD MARTIN CEO 60.00 X 678664 0 37601 RYAN HARRY HEAD TENNIS PROFESSIONAL 45.00 X 148437 0 9385 DOUGLAS STARK MUSEUM DIRECTOR 45.00 X 174692 0 5701 DANIEL ROBILLARD SUPERINTENDENT OF COURTS (TO 11/20) 45.00 X 163138 0 12430 STACEY LOCKER SVP ADVANCEMENT 45.00 X 129510 0 24159 BREWER ROWE SVP, TENNIS OPERATIONS 45.00 X 124913 0 55756 1898492 0 203399 8 0 1 0 TURF PRODUCTS CORP 157 MOODY ROAD ENFIELD CT 06083 EQUIPMENT AND SUPPORT 189281 RUDNICK COMPUTER CONSULTANTS INC 40 NASHUA STREET PROVIDENCE RI 02904 COMPUTER/ IT CONSULTANT 114035 SIFT INC 1120 INVERNESS PLACE SAN LUIS OBISPO CA 93401 VIDEO PRODUCTION 109705 3 1050155 1076863 2033105 1110928 4160123 TENNIS COURT REVENUES 900099 1271745 1271745 HALL OF FAME ADMISSIONS 900099 72968 72968 TENNIS TOURNAMENTS 900099 48099 48099 OTHER EVENTS 900099 10750 10750 1403562 2659868 3043 2656825 479175 217239 261936 261936 261936 1780012 428709 1351303 1351303 1351303 22609 1050155 556053 -533444 -533444 276070 292642 -16572 -1151 -15421 9286776 1403562 1892 3721199 131455 131455 651309 177827 473482 2944523 1565978 1089083 289462 66572 42669 20015 3888 301242 129071 127368 44803 274257 164960 83796 25501 109701 353 81935 27413 59900 59900 454247 16308 253108 184831 386931 100580 76634 209717 251309 98567 116854 35888 197 197 595697 589313 6384 35248 15189 15591 4468 1936 1787 149 237439 224915 12524 1461389 1369716 91673 137115 43733 93382 MISCELLANEOUS EXPENSES 409108 122372 158736 128000 REPAIRS AND MAINTENANCE 250841 192191 22771 35879 TENNIS PRIZE MONEY AND 72367 45354 27013 MUSEUM EXHIBIT EXPENSES 20914 20914 10705 9169 1525 11 8864402 4837506 2997498 1029398 2400 2401 1575698 3422903 3376032 3023001 530224 301481 329523 329321 91613 352423 39294087 16932503 23241243 22361584 33353304 35231025 9535536 12740155 36400 31751 72071973 77796045 1146984 1103592 458280 1012035 6175185 6384989 317843 334204 8098292 8834820 X 29811128 31508363 34162553 37452862 63973681 68961225 72071973 77796045 X 422374 3905730 659440 X 0 1 X 1 0 X 2795646 2551386 2461889 7643348 4160123 19612392 5171992 6201114 5688061 5136981 2729787 24927935 7967638 8752500 8149950 12780329 6889910 44540327 1775426 895939 598336 1865558 1423123 6558382 0 1775426 895939 598336 1865558 1423123 6558382 37981945 1248940 1777873 1313377 2043472 3139043 9522705 1248940 1777873 1313377 2043472 3139043 9522705 6146 6595 3049 11933 1892 29615 9222724 10536968 9466376 14835734 10030845 54092647 0.70220 0.72040 0.17600 0.13770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27930067 3983046 1700000 30213113 27347513 2228797 1646243 27930067 31223510 -2375998 1499999 27347513 27344616 1000 5377894 1500000 31223510 26627277 2217339 1500000 27344616 0.00000 0.49863 0.50137 0 0 3475368 3475368 29567823 13474808 16093015 3679422 2575300 1104122 2571474 882395 1689079 22361584 ADAMS STREET 661677 C CHARITABLE REMAINDER TRUSTS 3038577 C DEFERRED COMPENSATION INVESTMENTS 334204 C NEUBERGER BERMAN 2272029 C PRINCIPAL REAL ESTATE FUND 1249348 C STEPSTONE GROUP 466655 C VCFA PRIVATE EQUITY 263763 C PARTNERS GROUP 2500000 C CROSSSHORE OVERSEAS 937911 C AEW CORE PROPERTY TRUST 1015991 C 12740155 DEFERRED COMPENSATION PAYABLE 334204 334204 X 14911420 3905730 1672573 5578303 9333117 -46341 -46341 9286776 9923876 1059474 1059474 8864402 0 8864402 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE INCOME TO UNDERWRITE OPERATIONS. PART X, LINE 2: THE HALL OF FAME IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE HALL OF FAME OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE FEDERAL AND STATE LEVELS. THE HALL OF FAME ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THE HALL OF FAME ALSO ANNUALLY FILES IRS FORM 990-T - EXEMPT ORGANIZATION'S BUSINESS INCOME TAX RETURN, FOR ALL OF ITS TAXABLE TRANSACTIONS. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE HALL OF FAME CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 EXPENSES MADE TO CHARITABLE ORGANIZATION 122455 EAST ASIA AND THE PACIFIC 0 0 EXPENSES MADE TO CHARITABLE ORGANIZATION 9000 0 0 0 0 0 0 131455 0 131455 EAST ASIA AND THE PACIFIC COLLECTIONS DIGITIZATION SOFTEWARE CONTRACT 9000 WIRE TRANSFER 0 2 PURCHASE OF TENNIS COLLECTIONS EUROPE (INCLUDING ICELAND & GREENLAND) 1 119950 1 0 1 0 1 0 PART III ACCOUNTING METHOD: LEGENDS BALL/AUCTION 784000 761391 22609 533199 22854 QUARANTUNES 2020 288764 288764 1 1072764 1050155 22609 533199 22854 556053 -533444 X X X X 1 0 0 1 0 1 0 0 0 TODD MARTIN CEO 552664 0 126000 0 0 0 11965 0 25636 0 716265 0 0 0 STUART UPSON COO 260132 0 27028 0 0 0 8191 0 32909 0 328260 0 0 0 BREWER ROWE SVP, TENNIS OPERATIONS 115803 0 9110 0 0 0 41145 0 14611 0 180669 0 0 0 DOUGLAS STARK MUSEUM DIRECTOR 160299 0 14393 0 0 0 5235 0 466 0 180393 0 0 0 DANIEL ROBILLARD SUPERINTENDENT OF COURTS (TO 11/20) 154704 0 8434 0 0 0 2809 0 9621 0 175568 0 0 0 RYAN HARRY HEAD TENNIS PROFESSIONAL 148437 0 0 0 0 0 5288 0 4097 0 157822 0 0 0 STACEY LOCKER SVP ADVANCEMENT 123260 0 6250 0 0 0 0 0 24159 0 153669 0 0 0 PART I, LINE 3 THE CEO'S BONUS PAYMENT WAS DECIDED BY THE CHAIRMAN OF THE BOARD AND APPROVED BY THE FULL BOARD. PART I, LINE 4A DAN ROBILLARD HAS RECEIVED A SEVEREANCE PAYMENT PART I, LINE 5 YES SOME OF THE STAFF ARE ELIGIBLE FOR BONUS COMPENSATION ANNUALLY BASED ON THE ACHIEVEMENT OF GOALS SENT IN COLLABORATION WITH THE CEO. PART I, LINE 6 YES SOME OF THE STAFF ARE ELIGIBLE FOR BONUS COMPENSATION ANNUALLY BASED ON THE ACHIEVEMENT OF GOALS SENT IN COLLABORATION WITH THE CEO. X 5 136729 STOCK EXCHANGE VALUE X AUCTION & EVENT ITEMS 16 974199 FMV 0 0 0 1 PART I, LINE 32B: THE ORGANIZATION USES BIDDINGFORGOOD.COM TO SELL ANY LEFTOVER AUCTION ITEMS THAT DO NOT GET SOLD AT THE LEGENDS BALL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL EXECUTIVE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, EXECUTIVE BOARD MEMBERS, AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY, HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. IN CASES WHERE A CONFLICT IS POSSIBLE THE EXECUTIVE BOARD EVALUATES TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE EXECUTIVE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 A SEARCH OF COMPARABLE SALARIES IS CONDUCTED BY REVIEWING 990'S OF SIMILAR COMPANIES, USING SALARY.COM AND NATIONAL SURVEYS. THE CEO APPROVES ANY SALARY INCREASES, WITHIN THE TOTAL BUDGET, FOR STAFF MEMBERS. THE PERSONNEL AND COMPENSATION COMMITTEE AND THE CHAIRMAN OF THE BOARD RECOMMEND SALARY ADJUSTMENTS FOR THE CEO & PRESIDENT. THE EXECUTIVE BOARD REVIEWS AND APPROVES THOSE RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART XI, LINE 9: NET CHANGE IN VALUE OF BENEFICIAL INTEREST NET CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST 659,440.