Circuit Events Local Organizing

AUSTIN, TX EIN: 45-2727397

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+23.8% YoY

Annual Giving

$54.1M

-13.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$54.1M

-13.8% YoY

About Circuit Events Local Organizing

Based on IRS filings

Circuit Events Local Organizing is a nonprofit organization focused on Community Improvement & Capacity Building, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grants totaling $54.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AUSTIN

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$35M$52M$69M20202021202220232024
Metric202420232022
Total Assets$1,597,765$1,290,431$2,475,880
Revenue$54,145,048$62,855,633$29,370,475
Expenses$54,145,048$62,855,632$29,370,475
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$16M$31M$47M$63M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CIRCUIT OF THE AMERICAS$54.1M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Circuit of the Americas ($54,140,595).

RecipientPurposeAmount
CIRCUIT OF THE AMERICAS AUSTIN, TXA SOURCE OF LOCAL INCREMENT REQUIRED UNDER TEXAS EVENT TRUST FUND FOR QUALIFICATION AND REIMBURSEMENTS FOR THE FORMULA 1 UNITED STATES GRAND PRIX AND OTHER QUALIFYING EVENTS.$54,140,595

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ANNA PANOSSIANSECRETARY10
JULIA TAYLORCHAIRPERSON1
DREW SCHEBERLEMEMBER1
MARK BORSKEYMEMBER1
ANTHONY MILLSMEMBER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Circuit Events Local Organizing?

Circuit Events Local Organizing is a nonprofit organization focused on Community Improvement & Capacity Building, based in AUSTIN, TX. It holds $1.6M in total assets as of 2024.

How large is Circuit Events Local Organizing?

As of 2024, Circuit Events Local Organizing holds $1.6M in total assets with $54.1M in annual revenue. It awarded 1 grants totaling $54.1M in 2024.

Where does Circuit Events Local Organizing operate?

Circuit Events Local Organizing has awarded grants in Texas.

What size grants does Circuit Events Local Organizing award?

In 2024, Circuit Events Local Organizing awarded 1 grants totaling $54.1M — an average of about $54.1M per grant, based on its IRS Form 990 filings.

What is Circuit Events Local Organizing's EIN?

Circuit Events Local Organizing's EIN (Employer Identification Number) is 45-2727397. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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