Overview
What is National Wrestling Hall Of Fame?
The National Wrestling Hall of Fame is a nonprofit organization situated in Stillwater, Oklahoma, specifically at 405 W HALL OF FAME, ZIP code 74075. Their primary mission revolves around promoting amateur wrestling. They achieve this goal through various means, such as hosting clinics, organizing exhibition tournaments, and conducting public awareness campaigns. Additionally, they maintain a museum that showcases the sport's history and equipment, further contributing to the promotion of amateur wrestling. The National Wrestling Hall of Fame employs a team of 17 individuals dedicated to these initiatives.
Official website here: www.nwhof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The National Wrestling Hall of Fame has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 82% overall, reflecting its commitment to transparency and responsible financial practices, which are crucial for donor confidence and effective operational sustainability.
Strengths of the organization include a fully independent board, with perfect scores in board governance, such as documenting meeting minutes and adhering to a whistleblower policy. Additionally, the charity showcases robust financial metrics, including high ratios for program expenses, fundraising efficiency, and asset management, which suggest that the funds raised are primarily directed towards its mission of honoring wrestlers and promoting the sport.
While the rating is favorable, it is important for potential donors and stakeholders to consider that the score is based solely on accountability and finance, with no assessment of programmatic impact or effectiveness. This limitation means that while financial practices are strong, the overall impact of the charity's programs may require further investigation by those interested in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is National Wrestling Hall Of Fame legitimate?
National Wrestling Hall Of Fame is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Wrestling Hall Of Fame submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $133,210
Professional Fundraising Fees: $8,333
Other Salaries and Wages: $399,054
For more financial information, click here
Official website here: www.nwhof.org
What is the mission statement of National Wrestling Hall Of Fame?
The National Wrestling Hall of Fame is dedicated to promoting amateur wrestling. They achieve this goal through various means, including organizing clinics, hosting exhibition tournaments, and conducting public awareness campaigns. Furthermore, they maintain a museum showcasing wrestling displays and equipment to educate and engage the public. Beyond these activities, they also offer additional programs to further support and enhance the promotion of amateur wrestling.
Official website here: www.nwhof.org
What is the revenue of National Wrestling Hall Of Fame?
National Wrestling Hall Of Fame's revenue in 2023 was $2,164,734.
Official website here: www.nwhof.org
Who are the executives of National Wrestling Hall Of Fame and what are their salaries?
The average compensation at National Wrestling Hall Of Fame during 2023 was $33,266. There are 16 employees at National Wrestling Hall Of Fame.
Here are 23 key members and their salaries:
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Official website here: www.nwhof.org
Where can I find the form 990 for National Wrestling Hall Of Fame?
National Wrestling Hall Of Fame's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nwhof.org
Learn more at the official website: www.nwhof.org
Mission Statement of National Wrestling Hall Of Fame
The National Wrestling Hall of Fame is dedicated to promoting amateur wrestling through various means. One of their primary methods is by organizing clinics and exhibition tournaments, aimed at fostering interest and skill development in the sport. Additionally, they engage in public awareness campaigns to increase the visibility and appreciation of amateur wrestling. Beyond these active initiatives, the National Wrestling Hall of Fame maintains a museum, which serves as a repository of wrestling history and culture. This museum is responsible for preserving and showcasing displays and equipment related to the sport. Overall, the National Wrestling Hall of Fame's mission is multifaceted, encompassing educational, promotional, and historical aspects of amateur wrestling.
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Impact
October, 2024
The National Wrestling Hall of Fame significantly impacts the promotion and preservation of amateur wrestling. Through various clinics and exhibition tournaments, it fosters skill development and competition among wrestlers of all ages. Public awareness campaigns help to elevate the sport's profile, encouraging community involvement and attracting new participants.
In addition to these initiatives, the Hall of Fame serves as an educational hub with its museum, which showcases the history and achievements of wrestling. By maintaining engaging displays and equipment, it provides a tangible connection to the sport's roots and inspires future generations. Overall, the National Wrestling Hall of Fame plays a crucial role in elevating amateur wrestling, ensuring its growth and continued relevance in communities across the nation.
This information is meant to be a general summary of National Wrestling Hall Of Fame. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $63,858
- Program Service Revenue: $636,860
- Gross Receipts: $2,224,492
Assets and Liabilities:
- Total Assets: $7,515,311
- Total Liabilities: $1,220
- Net Assets: $7,514,091
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DG PRO HALL OF FAME
Revenue
$76,136
DUAL CLASSIC
Revenue
$91,748
HONORS WEEKEND
Revenue
$130,948
STATE CHAPTER INCOME
Revenue
$166,565
TICKET SALES & EVENTS
Revenue
$117,257
Organization Details
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