International Tennis Hall of Fame Incorporated

What it reported doing in 2024

Induction - the international tennis hall of fame 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: player, contributor, and wheelchair. A series of voting panels representing the international tennis community vote to elect these individuals for enshrinement. The induction ceremony occurs at the ithf each july. 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 and reaccredited in 2022. 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 inducted into the hall of fame.

Financial Efficiency

• Mission deployment rate: 70.8%; rating input score 71
• Program expense ratio: 67.9%; rating input score 68
• Fundraising efficiency: $3.73 raised per $1 spent on fundraising; rating input score 15; 15th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 94.7%; rating input score 95; 28th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 6%; rating input score 57; 57th percentile among comparable filings
• Total-asset coverage ratio: 5.61; rating input score 86; 86th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 86; 86th percentile among comparable filings
• Officer compensation ratio: 13.3%; rating input score 11; 11th percentile among comparable filings

Growth

• Program expense growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
• Revenue growth: 7.4% per year; rating input score 100; 61st percentile among comparable filings
• Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings