2016 Annual Report CONTENTS 01 Who We Are Page 03 02 A Letter From Our CEO Page 04 03 Membership Page 05 04 Supporting Amateur Racing in America Page 06 05 Supporting Cycling Enthusiasts Page 10 06 Sustaining International Success Page 15 07 Financial Information Page 21 02 2016 ANNUAL REPORT 01 WHO WE ARE USA Cycling is the official national governing body for all disciplines of competitive cycling in the United States, including BMX, cyclocross, mountain bike, road, and track. Recognized by the United States Olympic Committee and the Union Cycliste Internationale, USA Cycling is a membership-based organization that strives to grow the sport domestically; encourage and support non-racing enthusiasts; and also foster the identification, development, and support of American cyclists in international competition. Unlike most other national cycling federations across the globe, USA Cycling receives no government funding. Sources of revenue for USA Cycling include annual membership sales, event fees, grants from the USA Cycling Foundation and the United States Olympic Committee, corporate sponsorship, and generous gifts from individual donors. In 2016, we revised both mission and vision statements to align them more closely with the changes we’ve enacted and the direction we’re heading. MISSION The mission of USA Cycling is to develop the sport of cycling in the United States at all levels and to achieve sustained international racing success while fostering a shared commitment to safety, integrity, and the joy of cycling. VISION The vision of USA Cycling is that the sport of cycling in the United States is safe, fun, and locally- accessible for a vibrant community of racers, enthusiasts, supporters, and event directors, and is represented by highly successful athletes competing with integrity on the world stage. A FRESH OUTLOOK New in 2016, updated logos for USA Cycling and the USA Cycling Foundation also embody the optimism, vibrancy, and pride in U.S. cycling we share with our members. 2016 ANNUAL REPORT 03 02 A LETTER FROM OUR CEO Dear USA Cycling Members and Friends, 2016 marked another challenging year for USA Cycling and Team USA but we met those challenges head on. We expanded our focus to meet the changing cycling landscape, explicitly stating in the revised mission and vision to support cyclists at all levels—a pivotal move. By adapting our business model to include enthusiast cyclists and events, we seek to not only serve the racing community, but the broader bicycle-loving community as well. This shift comes at a time when the sport is rapidly evolving, with a proliferation of formats in which cyclists can enjoy riding: Strava, Zwift, grand fondos, gravel events— there are more ways than ever to enjoy our beautiful sport. It is essential that USA Cycling embraces these formats and evolves. While doing so poses challenges for our business model and ability to generate resources to serve our community, we never lose sight of the fact that these adaptations are healthy for the sport. They speak to cyclists seeking options and challenges that most excite them. Organizationally, we restructured our Event Services department to increase our ability to serve the event director community. We also directed significant resources toward an ambitious project to rebuild all of the IT resources our community needs to efficiently buy memberships, permit events, find and register for races, and explore results and rankings. We enhanced our focus on amateur racing, a sense of community, transparency, and safe and fair sport. The launch of two new advisory committees—Safety and Anti-Doping—brought experts in our field together to aid us in adopting new measures and improve existing programs for safer racing and fair competition, supplemented by RaceClean improvements. One thing that has continued to shine is our Elite Athletics program. 2016 was a monumental year, started by Evelyn Stevens setting the hour record, covering a stunning 47.980 km. Our National and World Championship athletes maintained their excellence with numerous podium positions. More importantly, American athletes earned 11 top-ten positions at the 2016 Rio Olympics, with Connor Fields and Kristin Armstrong bringing home gold medals and Sarah Hammer’s silver medal in the Omnium. The women’s Team Pursuit team also took silver, narrowly succumbing to the British team after setting a world record along the way. Mara Abbott riveted with world with her solo breakaway and heartbreaking finish, and Nick Long suffered a similar fate in BMX SX. We’ll continue to develop and embrace the changes within the sport we all love–a sport that is as strong as it is varied–a sport that has and always will give us a challenge to rise to and a vibrant community to serve. Sincerely, Derek Bouchard-Hall President & CEO USA Cycling 03 2016 MEMBERSHIP In 2016, we continued to see a slight decline in membership and events from our peak in 2012, after a sustained period of very strong growth. Overall Membership Trends 2016 2015 Individual Members 60,482 61,631 Event Sanctions 2,509 2,630 Clubs 2,596 2,702 Race & Ride Memberships 2016 2015 Road 31,250 34,799 Mountain Bike 8,851 9,729 Domestic Race Cyclocross 9,347 8,976 Track 1,392 1,291 Non-BMX 2,605 2,819 International Race BMX 216 239 Collegiate Race 3,877 4,348 Ride 1,361 238 Technical Memberships 2016 2015 Coaches 1,600 1,436 Officials 1,206 1,142 Professional Road & 356 364 International Support Mechanics 255 267 Drivers 202 180 2016 ANNUAL REPORT 05 04 SUPPORTING AMATEUR RACING IN AMERICA As a membership-based organization, we are comprised of clubs and teams, officials, coaches, mechanics, event directors, and competitive cyclists of all ages and abilities across the sport’s many disciplines. In an effort to grow the sport at home, USA Cycling supports grassroots initiatives at the local level by reinvesting a significant portion of its membership dollars into its 34 local associations. We also contribute to the growth of cycling by working with a comprehensive network of certified coaches and officials, administering multiple national-level calendars, and managing National Championship events for all ages and skill levels. We provide regulation, education, and structure to our many constituents, with the ultimate goal of growing bicycle racing in America. USA Cycling strives to provide its members with great service, valuable benefits, and a second-to-none racing experience. 06 2016 ANNUAL REPORT CLUBS OF THE YEAR Our member clubs help make cycling accessible at the local level by hosting rides, clinics, and events, and enthusiastically promoting the sport to newcomers. Each year, we name overall Club of the Year winners in three divisions, plus winners in seven special categories. These awards are designed to recognize USA Cycling clubs that have made exceptional efforts to develop programs and promote all aspects of competitive cycling. Congratulations to our Club of the Year winners, and thank you for your hard work. Read the story on their achievements on this page. 2016 WINNERS Division I Women Collegiate Club CT Cycling Advancement Pro- Sound Velo Women University of Arizona gram Seattle, WA Tucson, AZ Middletown, CT Mountain Bike Collegiate Varsity Division II Summit – Competitive Cyclist Marian University GS Andiamo Park City, UT Indianapolis, IN Redlands, CA Division III Whole Athletes p/b DNA Kentfield, CA Best New Club Women Bike PHL Racing Philadelphia, PA Junior Team Velosport Orange County, CA Masters Crest/RBM Cycling Frisco, TX 2016 ANNUAL REPORT 07 NATIONAL RACE SERIES CALENDARS In 2016, we showcased the top U.S. events with ten elite race calendars. In addition to the Junior Development Race Series (junior road calendar), American Mountain Bike Challenge (grassroots mountain biking calendar), American Road Calendar (ARC), and the Cyclocross National Calendar (CXNC), the following calendars crowned champions at the conclusion of their seasons: National Track Calendar (NTC) Professional Gravity Tour (Pro GRT) Men’s Sprint: Hugo Barrette Men: Shane Leslie Women’s Sprint: Monique Sullivan Women: Samantha Kingshill Men’s Endurance: Zachary Kovalcik Women’s Endurance: Kate Wilson Pro Road Tour (PRT) Men: Tyler Magner Pro Cyclocross Calendar (Pro CX) Women: Samantha Schneider Elite Men: Stephen Hyde Elite Women: Katie Compton Professional Cross-Country Tour (Pro XCT) U23 Men: Maxx Chance Men: Raphael Gagne Junior Men: Lane Maher Women: Larissa Connors Congratulations to our 2016 National Calendar champions! 08 2016 ANNUAL REPORT NATIONAL CHAMPIONSHIPS We crowned more than 600 national champions in 2016 across a wide range of age groups, disciplines, and skill levels. We’re proud to continue to support the sport through fair, safe, and engaging racing. Thank you to our partners and community for the effort that goes into these stellar events. Unique Dates Event Location Starters Registrants January 5-10 Cyclocross Asheville, NC 1702 2405 February 27 Fat Bike Ogden, UT 137 145 April 16-17 Criterium & Team Time Trial Greenville, SC 409 493 May 13-15 Collegiate Road Marshall/Burnsville, NC 341 763 May 24-28 Masters & Para-Cycling Road Winston-Salem, NC 1176 2178 June 4 Marathon Mountain Bike Columbia County, GA 192 192 June 30-July 3 Amateur Road Louisville, KY 844 2008 July 13-17 Mountain Bike Mammoth Mtn, CA 1180 1689 July 25-31 Elite & Junior Track Trexlertown, PA 201 453 July 25-31 Junior Track Trexlertown, PA 128 290 August 9-14 / Indianapolis, IN / Masters Track 302 1072 November 18-20 Colorado Springs, CO August 13 Hill Climb Colorado Springs, CO 223 223 September 15-17 Collegiate Track Rock Hill, SC 124 477 October 21-23 Collegiate Mountain Bike Snowshoe Mtn, WV 323 739 Total 7,282 13,127 2016 ANNUAL REPORT 09 05 SUPPORTING CYCLING ENTHUSIASTS In 2016, USA Cycling dedicated itself to increasing its support of cycling enthusiasts in addition to our traditional base of racers.