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Nonprofiteer
← NATIONAL COLLEGIATE ATHLETIC ASSOCIATION

Form 990 for tax year 2023

Filed by NATIONAL COLLEGIATE ATHLETIC ASSOCIATION.

Totals

Total revenue
$1,293,598,274
Total expenses
$3,912,354,410
Contributions and grants received
$0
Grants paid
$704,842,933
Program service revenue
$1,243,300,913
Investment income
$41,009,480
Other revenue
$9,287,881
Total assets, end of year
$1,087,687,985
Total liabilities, end of year
$3,061,090,605
Net assets or fund balances, end of year
-$1,973,402,620
Program services expenses (Part IX)
$3,865,618,346
Management and general expenses
$46,736,064
Fundraising expenses
$0
Program service expenses (Part III)
$3,865,618,346

Program services were 98.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Television Rights Fees

    total $948,383,496 · related or exempt $948,383,496

  • 2b · Program service revenue: Championship and NIT

    total $263,190,866 · related or exempt $263,190,866

  • 2c · Program service revenue: ACAD/Amateur ELIG Fees

    total $12,976,828 · related or exempt $12,976,828

  • 2d · Program service revenue: Membership Dues

    total $7,023,250 · related or exempt $7,023,250

  • 2f · All other program service revenue

    total $11,726,473 · related or exempt $11,726,473 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $47,961,022 · unrelated business $120,345 · excluded $47,840,677

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $344,687,274

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

    securities $351,638,816

  • 7c · Gain or loss

    securities -$6,951,542 · other assets $0

  • 7d · Net gain or loss

    total -$6,951,542 · excluded -$6,951,542

  • 11a · Other revenue: Insurance Recovery Rev

    total $9,287,881 · excluded $9,287,881

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $9,287,881

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $704,761,579 · program services $704,761,579

  • 2 · Grants to domestic individuals

    total $17,382 · program services $17,382

  • 3 · Grants to foreign organizations and individuals

    total $63,972 · program services $63,972

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $8,157,530 · program services $6,751,933 · management and general $1,405,597

  • 6 · Compensation of disqualified persons

    total $1,671,667 · program services $1,315,738 · management and general $355,929

  • 7 · Other salaries and wages

    total $57,880,008 · program services $48,139,077 · management and general $9,740,931

  • 8 · Pension plan contributions

    total $8,447,112 · program services $6,661,935 · management and general $1,785,177

  • 9 · Other employee benefits

    total $11,316,909 · program services $8,773,519 · management and general $2,543,390

  • 10 · Payroll taxes

    total $5,123,385 · program services $3,412,053 · management and general $1,711,332

  • 11a · Fees: management

    total $41,870,285 · program services $39,869,395 · management and general $2,000,890

  • 11b · Fees: legal

    total $62,177,864 · program services $62,177,864

  • 11c · Fees: accounting

    total $204,381 · management and general $204,381

  • 11d · Fees: lobbying

    total $530,000 · management and general $530,000

  • 11f · Fees: investment management

    total $645,403 · management and general $645,403

  • 11g · Fees: other

    total $28,148,765 · program services $26,883,069 · management and general $1,265,696 · fundraising $0

  • 12 · Advertising and promotion

    total $20,823,672 · program services $20,772,223 · management and general $51,449

  • 13 · Office expenses

    total $2,653,460 · program services $2,022,417 · management and general $631,043

  • 14 · Information technology

    total $11,417,845 · program services $2,514,446 · management and general $8,903,399

  • 16 · Occupancy

    total $20,940,944 · program services $15,522,470 · management and general $5,418,474

  • 17 · Travel

    total $155,694,769 · program services $153,593,018 · management and general $2,101,751

  • 19 · Conferences, conventions and meetings

    total $8,500,760 · program services $8,291,579 · management and general $209,181

  • 22 · Depreciation, depletion and amortization

    total $6,308,238 · management and general $6,308,238

  • 23 · Insurance

    total $13,247,209 · program services $13,247,209

  • 24a · Other expenses: Antitrust Settlement

    total $2,704,492,297 · program services $2,704,492,297

  • 24b · Other expenses: Operations - Awards/Mementos

    total $7,786,210 · program services $7,590,261 · management and general $195,949

  • 24c · Other expenses: Sport Sci/Drug & Med Mon

    total $6,290,181 · program services $6,290,181

  • 24d · Other expenses: Operations - Signage - Printing

    total $5,066,565 · program services $5,039,909 · management and general $26,656

  • 24e · All other expenses

    total $18,116,018 · program services $17,414,820 · management and general $701,198 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $45,791,174 · end of year $265,845,551

  • 4 · Accounts receivable

    beginning of year $29,611,906 · end of year $55,641,321

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,095,056 · end of year $15,657,802

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

    $97,654,963

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

    $64,740,084

  • 10c · Land, buildings and equipment, net

    beginning of year $36,087,768 · end of year $32,914,879

  • 11 · Investments: publicly traded securities

    beginning of year $401,961,206 · end of year $257,351,790

  • 12 · Investments: other securities

    beginning of year $337,924,279 · end of year $448,532,129

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $3,760,000 · end of year $2,930,000

  • 15 · Other assets

    beginning of year $8,110,464 · end of year $8,814,513

  • 17 · Accounts payable and accrued expenses

    beginning of year $205,097,608 · end of year $104,217,356

  • 19 · Deferred revenue

    beginning of year $95,601,650 · end of year $179,220,040

  • 20 · Tax-exempt bond liabilities

    beginning of year $3,396,172 · end of year $1,653,209

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $2,776,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $564,996,423 · end of year -$1,973,652,620

  • 28 · Net assets with donor restrictions

    beginning of year $250,000 · end of year $250,000

Mission and programs · 2023

Mission

Provide a world-class athletics and academic experience for student-athletes that fosters lifelong well-being.

  • THE NCAA GOVERNS AND ADMINISTERS COLLEGE SPORTS FOR MORE THAN 1,100 MEMBER COLLEGES AND UNIVERSITIES. THE NCAA OPERATES THROUGH A GOVERNANCE STRUCTURE, EMPOWERING SCHOOLS IN EACH DIVISION TO GUIDE AND ENHANCE THEIR PARTICIPATION IN COLLEGE SPORTS. THE BOARD OF GOVERNORS, LED BY MEMBER SCHOOLS, SERVES AS THE SENIOR GOVERNING BODY OF THE NCAA. OUR DIVERSE MEMBERSHIP INCLUDES SCHOOLS WITH STUDENT BODIES THAT RANGE FROM HUNDREDS OF STUDENTS TO TENS OF THOUSANDS. THE CURRENT THREE-DIVISION STRUCTURE CREATES FAIR SPORTS COMPETITION FOR LIKE-MINDED INSTITUTIONS AND PROVIDES STUDENT-ATHLETES WITH A WIDE SPECTRUM OF OPPORTUNITIES TO PARTICIPATE IN CHAMPIONSHIP EVENTS. THE NCAA SUPPORTS STUDENT-ATHLETE SUCCESS BY ENSURING STUDENTS ARE PREPARED FOR THE COLLEGE CLASSROOM WHEN THEY ENTER SCHOOL AND THAT THEY CONTINUE TO PROGRESS TOWARD A DEGREE WHILE PLAYING SPORTS. THE NCAA NATIONAL OFFICE ALSO PROMOTES THE PHYSICAL AND MENTAL WELL-BEING OF STUDENT-ATHLETES THROUGH THE NCAA SPORT SCIENCE INSTITUTE, DRUG TESTING AND INSURANCE PROGRAMS. STUDENT-ATHLETES BENEFIT FROM NCAA PROGRAMS SUPPORTING LEADERSHIP OPPORTUNITIES, INTERNSHIPS, DEGREE COMPLETION AND POSTGRADUATE SCHOLARSHIPS. THE NCAA FUNDS ACADEMIC OPPORTUNITIES AND FINANCIALLY ASSISTS STUDENT-ATHLETES IN NEED OF EDUCATIONAL MATERIALS, CLOTHING AND EMERGENCY TRAVEL EXPENSES.

    Expenses $3,594,123,751 · Grants $704,842,933 · Revenue $980,110,047

  • THE NCAA ADMINISTERS 90 NATIONAL CHAMPIONSHIPS ANNUALLY. MORE THAN 15,000 STUDENT-ATHLETES EXPERIENCE THE THRILL OF PARTICIPATING IN AN NCAA CHAMPIONSHIP EVERY YEAR. THE NCAA'S CHAMPIONSHIP EXPENSES SUPPORT ESSENTIAL OPERATIONS AT MORE THAN 800 SITES, TEAM TRANSPORTATION, PER DIEM COSTS, PROGRAMS SALUTING STUDENT-ATHLETES, SPORT COMMITTEE EXPENSES AND FAN-APPRECIATION EVENTS.

    Expenses $271,494,595 · Revenue $263,190,866

As filed on the 2023 return.

Listed in Part VII

  • Linda Livingstone

    Board Member, Chair

    Total calculated
    $1,050
    From this org
    $1,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Allison Feaster

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Beth DeBauche

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Collen Perry Keith

    Board Member (as of 1/3/24)

    Total calculated
    $0
    Hours/week
    1

  • Dr Nadja West

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Houston Davis

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Isaiah Swann

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jere Morehead

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mary-Beth Cooper

    Board Member, Vice-Chair (as of 1/3/24)

    Total calculated
    $0
    Hours/week
    1

  • Steven Shirley

    Board Member, Vice-Chair (through 1/2/24)

    Total calculated
    $1,509
    From this org
    $1,509
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Charlie Baker

    President

    Total calculated
    $3,422,505
    From this org
    $3,389,120
    From related orgs
    $0
    Other
    $33,385
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,630,769
    Bonus
    $400,000
    Other
    $358,351
    Deferred
    $33,000
    Nontaxable benefits
    $385
    Filer's total
    $3,422,505

  • Mario Morris

    SVP of Admin and CFO

    Total calculated
    $812,716
    From this org
    $728,435
    From related orgs
    $0
    Other
    $84,281
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $627,904
    Bonus
    $20,000
    Other
    $80,531
    Deferred
    $46,200
    Nontaxable benefits
    $38,081
    Filer's total
    $812,716

  • Daniel Gavitt

    Senior Vice President

    Total calculated
    $810,759
    From this org
    $725,830
    From related orgs
    $0
    Other
    $84,929
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $670,404
    Bonus
    $0
    Other
    $55,426
    Deferred
    $46,200
    Nontaxable benefits
    $38,729
    Filer's total
    $810,759

  • David Schnase

    Vice President

    Total calculated
    $462,963
    From this org
    $382,528
    From related orgs
    $0
    Other
    $80,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $367,760
    Bonus
    $3,500
    Other
    $11,268
    Deferred
    $41,354
    Nontaxable benefits
    $39,081
    Filer's total
    $462,963

  • Jonathan Duncan

    Vice President

    Total calculated
    $612,297
    From this org
    $528,612
    From related orgs
    $0
    Other
    $83,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $497,613
    Bonus
    $3,500
    Other
    $27,499
    Deferred
    $46,200
    Nontaxable benefits
    $37,485
    Filer's total
    $612,297

  • Joni Comstock

    Senior Vice President (until 3/2/24)

    Total calculated
    $679,692
    From this org
    $611,578
    From related orgs
    $0
    Other
    $68,114
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $576,465
    Bonus
    $0
    Other
    $35,113
    Deferred
    $46,200
    Nontaxable benefits
    $21,914
    Filer's total
    $679,692

  • Kevin Lennon

    Senior Vice President

    Total calculated
    $640,034
    From this org
    $563,325
    From related orgs
    $0
    Other
    $76,709
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $524,731
    Bonus
    $3,500
    Other
    $35,094
    Deferred
    $46,200
    Nontaxable benefits
    $30,509
    Filer's total
    $640,034

  • Scott Bearby

    Senior Vice President

    Total calculated
    $604,174
    From this org
    $535,830
    From related orgs
    $0
    Other
    $68,344
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $506,078
    Bonus
    $0
    Other
    $29,752
    Deferred
    $46,200
    Nontaxable benefits
    $22,144
    Filer's total
    $604,174

  • Stanley Wilcox

    Executive Vice President

    Total calculated
    $1,543,251
    From this org
    $1,472,754
    From related orgs
    $0
    Other
    $70,497
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,325,305
    Bonus
    $0
    Other
    $147,449
    Deferred
    $46,200
    Nontaxable benefits
    $24,297
    Filer's total
    $1,543,251

  • Brian Hainline

    Chief Medical Officer (until 6/1/24)

    Total calculated
    $1,056,766
    From this org
    $985,527
    From related orgs
    $0
    Other
    $71,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $890,815
    Bonus
    $0
    Other
    $94,712
    Deferred
    $46,200
    Nontaxable benefits
    $25,039
    Filer's total
    $1,056,766

  • Felicia Martin

    Senior Vice President

    Total calculated
    $567,841
    From this org
    $509,267
    From related orgs
    $0
    Other
    $58,574
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $485,158
    Bonus
    $0
    Other
    $24,109
    Deferred
    $46,200
    Nontaxable benefits
    $12,374
    Filer's total
    $567,841

  • Lynn Holzman

    Vice President

    Total calculated
    $429,832
    From this org
    $370,912
    From related orgs
    $0
    Other
    $58,920
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $360,080
    Bonus
    $3,500
    Other
    $7,332
    Deferred
    $46,200
    Nontaxable benefits
    $12,720
    Filer's total
    $429,832

  • Theresa Gronau

    Vice President

    Total calculated
    $444,636
    From this org
    $363,429
    From related orgs
    $0
    Other
    $81,207
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $353,960
    Bonus
    $3,500
    Other
    $5,969
    Deferred
    $43,228
    Nontaxable benefits
    $37,979
    Filer's total
    $444,636

  • Timothy Buckley

    Senior Vice President

    Total calculated
    $468,136
    From this org
    $427,907
    From related orgs
    $0
    Other
    $40,229
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $415,010
    Bonus
    $0
    Other
    $12,897
    Deferred
    $17,555
    Nontaxable benefits
    $22,674
    Filer's total
    $468,136

  • Cari Van Senus

    Former Senior Vice President

    Total calculated
    $817,151
    From this org
    $771,989
    From related orgs
    $0
    Other
    $45,162
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $247,950
    Bonus
    $0
    Other
    $524,039
    Deferred
    $38,269
    Nontaxable benefits
    $6,893
    Filer's total
    $817,151

  • Mark Emmert

    Former President

    Total calculated
    $6,341,682
    From this org
    $6,281,878
    From related orgs
    $0
    Other
    $59,804
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $1,423,717
    Bonus
    $0
    Other
    $4,858,161
    Deferred
    $46,200
    Nontaxable benefits
    $13,604
    Filer's total
    $6,341,682

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
NCAA PAID FOR CHARTERED BUSINESS TRAVEL, WHEN NECESSARY DUE TO SCHEDULING, FOR THE PRESIDENT, VICE PRESIDENT, AND SENIOR VICE PRESIDENTS (4) LISTED IN PART VII. THIS NON-TAXABLE BUSINESS EXPENSE WOULD NOT BE INCLUDED IN THE EMPLOYEES' W-2 AS ADDITIONAL COMPENSATION.
Schedule J, Part I, Line 1a Travel for companions
NCAA PAID FOR COMPANION TRAVEL FOR THE PRESIDENT LISTED IN PART VII. NCAA WILL ONLY REIMBURSE A BUSINESS EXPENSE WHEN ALL IRS REQUIREMENTS ARE MET. NCAA INCLUDED THE ABOVE APPLICABLE NON-BUSINESS EXPENSE IN THE EMPLOYEE'S W-2 AS ADDITIONAL TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments
NCAA PAID FOR GIFT CARDS FOR 14 OF THE OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED IN PART VII. NCAA WILL ONLY REIMBURSE A BUSINESS EXPENSE WHEN ALL IRS REQUIREMENTS ARE MET. NCAA INCLUDED THE ABOVE APPLICABLE NON-BUSINESS EXPENSES IN THE EMPLOYEES' W-2 AS ADDITIONAL TAXABLE COMPENSATION.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees
NCAA PAID FOR SOCIAL CLUB DUES FOR THE PRESIDENT LISTED IN PART VII. NCAA WILL ONLY REIMBURSE A BUSINESS EXPENSE WHEN ALL IRS REQUIREMENTS ARE MET. NCAA INCLUDED THE ABOVE APPLICABLE NON-BUSINESS EXPENSES IN THE EMPLOYEE'S W-2 AS ADDITIONAL TAXABLE COMPENSATION.
Schedule J, Part I, Line 4a Severance or change-of-control payment
THE FOLLOWING OFFICER AND KEY EMPLOYEE RECEIVED SEVERANCE PAYMENTS FROM THE ORGANIZATION DURING CALENDAR YEAR 2023. MARK EMMERT - $4,281,279 CARI VAN SENUS - $498,750
Schedule J, Part I, Line 7 Non-fixed payments
Persons listed in Part VII received board approved bonuses which are reported on Schedule J, Part II, Column B(ii).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Collegiate Properties LLC

    Advancing Youth · IN · income $0 · assets $0

    Directly controlled by National Collegiate Athletic Association

  • NIT LLC

    Basketball Events · IN · income $9,269,903 · assets $27,813,875

    Directly controlled by National Collegiate Athletic Association

  • College Football Officiating LLC

    Officiating · IN · income $432,560 · assets $183,397

    Directly controlled by National Collegiate Athletic Association

  • Collegiate Sports LLC

    Holding Company · IN · income $0 · assets $0

    Directly controlled by National Collegiate Athletic Association

  • Men's College Basketball Officiating LLC

    Officiating · IN · income $0 · assets $0

    Directly controlled by National Collegiate Athletic Association

  • Women's College Basketball Officiating LLC

    Officiating · IN · income $0 · assets $0

    Directly controlled by National Collegiate Athletic Association

  • 1910 Collective LLC

    Insurance · VT · income $3,496,909 · assets $196,955,572

    Directly controlled by NATIONAL COLLEGIATE ATHLETIC ASSOCIATION

  • Collegiate Core Insurance LLC

    Insurance · VT · income $0 · assets $100,000

    Directly controlled by National Collegiate Athletic Association

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Student-Athlete Insurance Cell LLC

    C Corporation · Insurance · VT · 100% owned · share of income $2,207,915 · share of assets $31,776,714 · controlled entity

    Directly controlled by National Collegiate Athletic Association

Provenance

Return type
form_990
Tax year
2023
Filed
27 June 2025
IRS schema version
2023v6.0
Source object
202511789349300711

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