CIRCUIT EVENTS LOCAL ORGANIZING COMMITTEE, of AUSTIN, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $54.1M in revenue, $54.1M in expenses, $1.6M in total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $242.9M.
THE PURPOSES OF CIRCUIT EVENTS LOCAL ORGANIZING COMMITTEE ARE TO (1) ASSIST WITH ORGANIZATION, ADMINISTATION, MANAGEMENT, PROMOTION, FACILITATION, AND OPERATION RELATED TO HOSTING THE FORMULA ONE UNITED STATES GRAND PRIX AND OTHER EVENTS, COMPETITIONS, AND ACTIVITIES AS MAY BE HOSTED BY THE CORPORATION IN THE DISCRETION OF THE BOARD OF DIRECTORS AND (2) PROMOTE THE PUBLIC INTEREST OF THE CITY OF AUSTIN, TRAVIS COUNTY, AND THE STATE OF TEXAS.
How Circuit Events Local Organizing Committee divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 7 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $54.1M | $54.1M | $1.6M |
| 2023 | $62.9M | $62.9M | $1.3M |
| 2022 | $29.4M | $29.4M | $2.5M |
| 2020 | $28.8M | $28.8M | $930K |
| 2019 | $6.7M | $6.7M | $1.2M |
Between 2019 and 2024, reported annual revenue grew from $6.7M to $54.1M (+713%), with total assets most recently reported at $1.6M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in TX.
Full geographic grant map with state-by-state breakdown available with membership.
