The Board of Directors of the International Gymnastics Hall of Fame selects those qualified for induction. Nominations may come from the national federation of those nations who hold membership in the International Gymnastics Federation (FIG), or may be nominated by the Hall of Fame Board of Directors. Formal enshrinement ceremonies are held once each year, normally in late spring.

A gymnast must have won an Olympic or World Championships medal, of any color, in an individual or team event.
Following the winning of the medal, and for a period of not less than 10 years, they must have contributed, in a positive way, to the growth, promotion and overall development of the sport of gymnastics.

An individual, to be considered for induction in this category, must have demonstrated significant influence on the development of gymnastics in their homeland and in such a way as to have measurable impact on that nation's participation internationally. Such influence shall be evaluated over a period of not less than 20 years.