Maryland · Nonprofit
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND (Maryland) receives grants from 6 organizations whose IRS filings report $947,000 to it, the largest being 4 CORNERSTONES FOUNDATION ($750,000). 3 of them have funded it in more than one year.
- Revenue FY2023
- $14M
- Funders on record
- 6
- Grants received
- $947k
- Net assets
- $246k
What Sport and Entertainment Corporation of Maryland does
Mission
The Sport and Entertainment Corporation of Maryland is a 501c3 established in 2019 to further and promote exclusively, charitable, religious, educational and scientific purposes and the business and objects to be carried on and promoted by it are: 1 To incubate cultural and operational event integrity for large scale sport and entertainment events in Maryland 2 To support Maryland Sports in hosting major sports events, economic analysis and research relating to sports, sponsorship of major sports events, and development of partnerships with other public and private entities to sponsor major sports events 3 To lessen the governments burden by promoting regional, national and international sporting events in the State of Maryland 4 To recruit, retain, market, promote and manage sports events that have positive media exposure, economic impact and image impact within the State of Maryland, and which will enhance the quality of life of citizens of the State of Maryland and 5 To solicit and
As stated on its FY2023 Form 990.
Programs
MARYLAND 5 STAR AT FAIR HILL - The Fair Hill Organizing Committee was created to deliver, plan, manage and oversee all aspects of the activities that take place at the Maryland 5 Star at Fair Hill, event to begin in 2020.
$7,549,610 spent$1,387,337 earned by the program72% of program spendingMARYLAND CYCLING CLASSIC - Marylands first UCI PROSERIES tour stop The Maryland Cycling Classic Organizing Committee is charged with delivering, planning, managing and overseeing all aspects of the activities that take place at the inaugural Maryland Cycling Classic & Festival September 2021.
$2,615,728 spent$36,975 earned by the program25% of program spendingAmateur athletic union
$215,113 spent$65,000 earned by the program2% of program spendingOther program services 4: amateur athletic union
$54,220 spent1% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $10,434,671.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $72k to $246k (+240%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 77% · 2021 13% · 2022 21% · 2023 27%. Grants only. Government contracts and fees sit inside program revenue.
89% of SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND’s revenue is contributions — more reliant on donations than three-quarters of its peers (10% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $25k → $560k.
4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND leans on a few funders — its largest provides 79% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2022 79% · 2023 89% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND draws 100% of its grant income from funders outside Maryland, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $162k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND runs a healthier operating margin than three-quarters of the 291 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 291 recreation & sports nonprofits $10M–$100M, FY2023
Government funding SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $12.5M on record.
- Grant$12.5M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND?
- SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND (Maryland) receives grants from 6 organizations whose IRS filings report $947,000 to it, the largest being 4 CORNERSTONES FOUNDATION ($750,000). 3 of them have funded it in more than one year.
- How many funders does SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND have?
- IRS filings report 6 organizations giving $947,000 in grants to SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND, 3 of which have funded it in more than one year.
- Who is the largest funder of SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND?
- 4 CORNERSTONES FOUNDATION is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
- How can an organization like SPORT AND ENTERTAINMENT CORPORATION OF MARYLAND find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Sport and Entertainment Corporation of Maryland →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing