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Circuit Events Local Organizing Committee

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452727397 ✦ Austin, TX ✦ Designated as a 501(c)(6)

Overview

What is Circuit Events Local Organizing Committee?

Circuit Events Local Organizing Committee is a nonprofit organization based in Austin, Texas, specifically at 9201 Circuit of the Americas Blvd, ZIP code 78617. Their primary role includes assisting with the organization, administration, management, promotion, facilitation, and operation of hosting the Formula 1 United States Grand Prix and other events, competitions, and activities at their discretion. The committee's mission extends beyond the events by promoting the public interest of Austin, Travis County, and the State of Texas. By working closely with the Formula 1 race and additional events, the committee contributes significantly to the local economy and community engagement in the region.


Is Circuit Events Local Organizing Committee legitimate?

Circuit Events Local Organizing Committee is a legitimate nonprofit organization registered as a 501(c)(6) entity. Circuit Events Local Organizing Committee 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Circuit Events Local Organizing Committee?
Who is the CEO of Circuit Events Local Organizing Committee?
What is the revenue of Circuit Events Local Organizing Committee?
Who are the executives of Circuit Events Local Organizing Committee and what are their salaries?
Where can I find the form 990 for Circuit Events Local Organizing Committee?

Mission Statement of Circuit Events Local Organizing Committee

The Circuit Events Local Organizing Committee, a dedicated group, works towards facilitating the organization, administration, management, promotion, and operation of Formula One United States Grand Prix and other events, competitions, and activities hosted by the corporation at the discretion of the Board of Directors. Their mission extends beyond event management, as they also strive to promote the public interest of the city, Travis County, and the State of Texas.

In more detail, this committed organization plays a pivotal role in ensuring the seamless execution of high-profile events under the Formula One umbrella. From the initial stages of planning to the final day of the competition, they oversee various aspects such as organization, administration, and management. Their expertise in promotion and facilitation helps attract a large audience, creating a buzz around the events. The Committee's operational skills ensure a successful and memorable experience for attendees.

Furthermore, the Circuit Events Local Organizing Committee is deeply committed to contributing positively to the communities they serve. By promoting the public interest of Austin, Travis County, and the State of Texas, they aim to create a lasting impact. Their efforts are geared towards enhancing the reputation of the region as a premier events destination, attracting more opportunities and economic growth. This selfless dedication to the community makes the Circuit Events Local Organizing Committee an invaluable asset.

Impact

This information is meant to be a general summary of Circuit Events Local Organizing Committee. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Circuit Events Local Organizing Committee's impact includes facilitating the organization, administration, and management of major events such as the Formula One United States Grand Prix. By leveraging its expertise in event planning and facilitation, the committee plays a crucial role in promoting the public interest of Austin, Travis County, and the state of Texas. Through its efforts, the committee contributes to the economic development, cultural enrichment, and community improvement of the region by hosting and supporting large-scale events that attract visitors and showcase the city and state on a global stage.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $29,370,475

    • Assets and Liabilities:
  • Total Assets: $2,475,880
  • Total Liabilities: $2,474,810
  • Net Assets: $1,070
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Anna Panossian

    Main Address

    9201 CIRCUIT OF THE AMERICAS BLVD, AUSTIN, TX, 78617

    NTEE Category

    Code: S40 - Community improvement

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