The Indiana Basketball Hall of Fame is a 501(c)3 not-for-profit organization that exists to enhance the role of basketball in Indiana by honoring those high school basketball players, coaches, officials and others who gained fame on the hardwoods of Indiana and in subsequent years have reflected honor upon themselves and the Indiana basketball community. The Hall of Fame operates through a 14,000 square foot museum and offices in New Castle and in hosting a number of events throughout the year.