Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $9,665,500

• 1f · All other contributions, gifts and grants

  $408,883

• 2a · Program service revenue: COLLEGE FOOTBALL PLAYOFF REVENUE

  total $22,659,931 · related or exempt $22,659,931

• 2b · Program service revenue: TELEVISION AND MARKETING REVENUE

  total $6,516,086 · related or exempt $6,357,236 · unrelated business $158,850

• 2c · Program service revenue: NCAA/NIT TOURNAMENT REVENUE

  total $3,914,642 · related or exempt $3,914,642

• 2d · Program service revenue: NCAA STUDENT ATHLETE OPPORTUNITY

  total $1,933,579 · related or exempt $1,933,579

• 2e · Program service revenue: NCAA ACADEMIC ENHANCEMENT FUND

  total $1,284,714 · related or exempt $1,284,714

• 2f · All other program service revenue

  total $2,977,938 · related or exempt $2,977,938

• 3 · Investment income

  total $529,613 · excluded $529,613

• 5 · Royalties

  total $91,121 · excluded $91,121

• 7a · Gross sales of assets other than inventory

  securities $10,012,839

• 7b · Less cost or other basis and sales expenses

  securities $10,214,064

• 7c · Gain or loss

  securities -$201,225

• 7d · Net gain or loss

  total -$201,225 · excluded -$201,225

• 11a · Other revenue: MISCELLANEOUS

  total $92,896 · related or exempt $92,896

• 11e · Other revenue, total

  $92,896

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $37,343,337 · program services $37,343,337

• 2 · Grants to domestic individuals

  total $36,000 · program services $36,000

• 5 · Compensation of officers, directors and key employees

  total $937,340 · program services $824,859 · management and general $112,481

• 7 · Other salaries and wages

  total $1,803,703 · program services $1,587,259 · management and general $216,444

• 8 · Pension plan contributions

  total $284,138 · program services $250,041 · management and general $34,097

• 9 · Other employee benefits

  total $792,732 · program services $697,604 · management and general $95,128

• 10 · Payroll taxes

  total $158,618 · program services $139,584 · management and general $19,034

• 11b · Fees: legal

  total $62,315 · program services $54,837 · management and general $7,478

• 11c · Fees: accounting

  total $58,519 · program services $51,497 · management and general $7,022

• 11f · Fees: investment management

  total $15,094 · program services $13,283 · management and general $1,811

• 12 · Advertising and promotion

  total $200,821 · program services $176,722 · management and general $24,099

• 13 · Office expenses

  total $125,362 · program services $110,319 · management and general $15,043

• 14 · Information technology

  total $67,190 · program services $59,127 · management and general $8,063

• 16 · Occupancy

  total $305,044 · program services $268,437 · management and general $36,607

• 17 · Travel

  total $23,812 · program services $20,955 · management and general $2,857

• 19 · Conferences, conventions and meetings

  total $344,728 · program services $303,361 · management and general $41,367

• 22 · Depreciation, depletion and amortization

  total $70,061 · program services $61,654 · management and general $8,407

• 23 · Insurance

  total $168,753 · program services $148,503 · management and general $20,250

• 24a · Other expenses: BOWL AND CHAMPIONSHIP E

  total $1,741,984 · program services $1,741,984

• 24b · Other expenses: SUPPORT SERVICES AND OF

  total $1,388,263 · program services $1,221,671 · management and general $166,592

• 24c · Other expenses: SPECIAL PROJECTS

  total $209,939 · program services $209,939

• 24d · Other expenses: GOVERNANCE AND NATIONAL

  total $120,582 · program services $120,582

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $18,692 · end of year $25,493

• 2 · Savings and temporary cash investments

  beginning of year $3,367,421 · end of year $3,802,182

• 4 · Accounts receivable

  beginning of year $5,998,490 · end of year $9,078,595

• 9 · Prepaid expenses and deferred charges

  beginning of year $492,689 · end of year $147,053

• 10a · Land, buildings and equipment: cost or other basis

  $812,049

• 10b · Land, buildings and equipment: accumulated depreciation

  $532,918

• 10c · Land, buildings and equipment, net

  beginning of year $346,322 · end of year $279,131

• 11 · Investments: publicly traded securities

  beginning of year $9,784,850 · end of year $9,249,816

• 15 · Other assets

  beginning of year $1,112,429 · end of year $1,045,851

• 17 · Accounts payable and accrued expenses

  beginning of year $399,204 · end of year $459,537

• 19 · Deferred revenue

  beginning of year $7,500,000 · end of year $5,527,500

• 25 · Other liabilities

  beginning of year $1,193,120 · end of year $1,102,561

• 27 · Net assets without donor restrictions

  beginning of year $11,721,368 · end of year $16,229,640

• 28 · Net assets with donor restrictions

  beginning of year $307,201 · end of year $308,883

The filer's explanations (Part III)

PART I, LINE 4B

JUDY MACLEOD, COMMISSIONER, BEGAN PARTICIPATING IN A 457F PLAN IN NOVEMBER 2021. THE TOTAL EMPLOYER CONTRIBUTIONS INTO THE PLAN ON BEHALF OF THE INDIVIDUAL IN THE AMOUNT OF $100,000 IS REPORTED AS DEFERRED COMPENSATION ON FORM 990, PART VII AND SCHEDULE J, PART II. THE PARTICIPANT RECEIVED A $312,000 DISTRIBUTION DURING THE CURRENT FISCAL YEAR. THIS AMOUNT IS INCLUDED AS REPORTABLE COMPENSATION ON FORM 990, PART VII AND SCHEDULE J, PART II.

PART I, LINE 7

THE BOARD OF DIRECTORS APPROVES THE COMMISSIONER'S BONUSES. THE COMMISSIONER APPROVES THE STAFF BONUSES. A VARIETY OF FACTORS ARE USED TO ESTABLISH BONUSES, SUCH AS BOARD-DIRECTED REQUESTS, BUDGET AVAILABILITY, AND STAFF PERFORMANCE TO DETERMINE THE BONUSES AWARDED.