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Riversport Foundation reports higher earned revenue, lower donated support; 160 students competed in youth rowing
Summary
Riversport Foundation told the Riverfront Redevelopment Authority on June 17 that earned income and total revenue are ahead of budget through May while charitable donations lag in timing; programs include youth rowing events, learn-to-row sessions, national competition participation and a packed summer events calendar.
The Riversport Foundation reported financials and programming updates to the Oklahoma City Riverfront Redevelopment Authority on June 17.
Chris, a Riversport Foundation representative, said through May earned income and total revenue exceed budget while charitable donations are behind budget due to timing differences. Operating expenses were below budget and EBITDA was above…
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