International Swimming Hall of Fame INC EIN 59-1087179

International Swimming Hall of Fame INC

EIN  59-1087179 Public charity (501(c)(3)) Ft Lauderdale, FL
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/13/26 · see original filing: IRS
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Size
$1–10M
What they do
Honors outstanding individuals through induction ceremonies.
Leadership
William Kent · Chairman
Money in and out
$1.7M revenue, $1.5M expenses
Bottom line
88% program efficiency

Honors outstanding individuals through induction ceremonies. For fiscal year 2025 it reported $1.7M in revenue, $1.5M in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $241K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program efficiency
88%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
11.8mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▼ -59% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.7M
FY2025▼ -2%
Expenses
$1.5M
FY2025▲ +28%
Total assets
$1.6M
FY2025▲ +13%
Total liabilities
$56K
FY2025▼ -54%
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$241K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

3 program services account for $1.3M of program spending, described in the organization's own filed words · FY2025.
01

Every child a swimmer program (ecas) purpose is to provide financial support so children can learn to swim. Funds are sent directly to swim schools performing the swim lessons to families needing financial assistance.

$1.0Mprogram expense
02

Ishof's museum purpose is to attract visitors to observe the historic aquatics collection which helps promote the field of aquatics and to build patrons interested in supporting aquatics athletes (currently closed due to construction).

$160Kprogram expense
03

International swimming hall of fame (ishof) 'hall of fame' purpose is to induct worthy and notable individuals into its hall of fame, in order to build recognition and support for the aquatics industry.

$110Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInternational Swimming Hall of Fame INC
EINHdr · item D59-1087179
Principal addressHdr · item CFt Lauderdale, FL
WebsiteHdr · item Jwww.ishof.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A500)
Ruling yearIRS BMFNov 1965

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Anne Schmidt’s $26K as CEO is at the 2nd percentile of top reported officer pay among 3917 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Brent Rutemiller$57,291$125,000$125,000
Anne Schmidt$26,042$62,500
Steve West$11,450

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.4M · 81%
Other revenue$202K · 12%
Investment income$102K · 6%
Program service revenue$19K · 1%
Contributions & grants81%$1.4M
Other revenue12%$202K
Investment income6%$102K
Program service revenue1%$19K
Total revenueLn 12$1.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program services88%$1.3M
Management & general7%$101K
Fundraising5%$74K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$589K
Total assetsLn 16$1.6M
Total liabilitiesLn 26$56K
Total net assetsLn 32$1.5M
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $1.5M
11.8 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.5M
88%
Management & General
Management & general $101K · Total expenses $1.5M
7%
Fundraising
Fundraising $74K · Total expenses $1.5M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $138K · Solicited contributions (3-yr avg) $1.2M
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.4M · Total revenue $1.7M
81%
Government reliance
Government grants — · Total revenue $1.7M
Earned-income share
Program service revenue $19K · Total revenue $1.7M
1%
Investment reliance
Investment income $102K · Total revenue $1.7M
+6%
Program self-sufficiency
Program service revenue $19K · Total expenses $1.5M
1%
Growth & trend
Revenue growth (YoY)
This year $1.7M · Prior year $1.7M
-2%
Revenue CAGR
FY2020 $987K · FY2025 $1.7M
+12%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.7M · Expenses $1.5M
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.5M · Total assets $1.6M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $850K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
53%
People & payroll
Highest Reported Total Compensation
Individual William Kent · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $1.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $261K · Total expenses $1.5M
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 7%
Fundraising cost ratio 5%
Revenue growth -2%
Investment management fee ratio 2%
Legal fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$226K
See all 4 funders →
Grants paid · 68 grants · $1.3M · 2024–2025
Foss Swim School IowaFY2025$189,684
Emler Swim SchoolsFY2025$114,284
Rj Group CorpFY2025$69,390
Maria BarringahausFY2025$28,960
Ocaquatics Swim SchoolFY2025$23,500
Aqua ChampsFY2025$18,876
Nwa Swim School LLCFY2025$17,820
Little AquaticsFY2025$15,060
Soggie DoggiesFY2025$15,000
Athens Bulldog Swim Club INCGA · FY2025$14,960
Gold Fish Swim School - Royal Palm BeachFY2025$12,418
Aqua Tots - SarasotaFY2025$11,346
Gold Fish Swim School - Sugar LandFY2025$11,036
Children's Safety VillageFY2025$10,692
Boys & Girls Club of Sarasota & Desoto CountiesFY2025$9,990
Gold Fish Swim School - RrgpsFY2025$9,940
Gold Fish Swim School - Lakewood RanchesFY2025$9,465
Hudson Valley Swim Nw TampaFY2025$8,900
See all 68 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.7M revenue · viewing · ⤓ 990 PDF
FY2024$1.7M revenue · ⤓ 990 PDF
FY2023$949K revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$987K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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