Tennessee Sports Hall of Fame Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 36% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The Tennessee Sports Hall of Fame enshrines and honors athletes, teams, coaches, sports writers, and sports administrators who have made an impact on the history of sports in Tennessee. We believe the lessons learned through sports can be carried throughout one's life and enable them to not only accomplish their goals but also excel in them.
- Income
- $855,287
- Spending
- $594,671
- Spent on programs
- 36%
- Reserves
- 17.5 months of spending
- Largest source of income
- government grants, 59%
- Employees
- 1
- Volunteers
- 0
- Highest pay
- $104,292, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 17.5 months of spending.
Debt
20 of 20It owes 7% of what it owns.
Living within its means
15 of 15Income exceeded spending by 30% of income.
Income trend
15 of 15Income rose 105% on the year before.
Spending floor
0 of 1536% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 51 out of 100. Higher than 23% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $52,143 spent. During early 2024 the Tennessee Sports Hall of Fame maintained an archive of sports memorabilia located in downtown Nashville, TN. School Children, sports fans, and citizens of the state, throughout the year visited the Tennessee Sports Hall of Fame. Long term goals are to continue to make improvements to the museum and to increase the number of visitors by making the public more aware of its existence. The museum was closed in June 2024 with a grand reopening planned for early 2027 in Nashville's newly constructed stadium
- $156,872 spent. The Tennessee Sports Hall of Fame held the annual induction ceremony and created a TV special. The purpose of the banquet is to honor those individuals and teams in the state who exhibit and contribute to the spirit of sportsmanship and genteel competition as well as excellence in their chosen sport.
- $5,000 spent. East Tennessee Community Foundation Scholarship
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1969.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.