Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $547,959

• 2a · Program service revenue: GAME ADMISSIONS

  total $7,982,215 · related or exempt $7,982,215

• 2b · Program service revenue: BROADCASTING

  total $4,425,500 · related or exempt $4,425,500

• 2c · Program service revenue: SPONSORSHIPS

  total $2,959,900 · related or exempt $2,959,900

• 2d · Program service revenue: TICKET SALES AND ENTRY FEES

  total $2,224,923 · related or exempt $2,224,923

• 3 · Investment income

  total $1,089,722 · excluded $1,089,722

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $6,677,441

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

  securities $6,584,659

• 7c · Gain or loss

  securities $92,782

• 7d · Net gain or loss

  total $92,782 · excluded $92,782

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11a · Other revenue: PARKING

  total $45,360 · excluded $45,360

• 11e · Other revenue, total

  $45,360

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,500,000 · program services $9,500,000

• 2 · Grants to domestic individuals

  total $998,750 · program services $998,750

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $836,295 · program services $393,951 · management and general $216,037 · fundraising $226,307

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $968,781 · program services $456,361 · management and general $250,261 · fundraising $262,159

• 8 · Pension plan contributions

  total $117,251 · program services $55,233 · management and general $30,289 · fundraising $31,729

• 9 · Other employee benefits

  total $118,916 · program services $55,820 · management and general $31,030 · fundraising $32,066

• 10 · Payroll taxes

  total $167,129 · program services $78,729 · management and general $43,174 · fundraising $45,226

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $50,510 · management and general $50,510

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $114,066 · management and general $114,066

• 11g · Fees: other

  total $131,150 · program services $131,150

• 12 · Advertising and promotion

  total $206,083 · program services $206,083

• 13 · Office expenses

  total $0

• 14 · Information technology

  total $0

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $104,774 · program services $69,092 · management and general $35,682

• 17 · Travel

  total $40,465 · program services $40,465

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $0

• 23 · Insurance

  total $153,615 · program services $73,739 · management and general $79,876

• 24a · Other expenses: GAME COSTS

  total $388,192 · program services $388,192 · management and general $0 · fundraising $0

• 24b · Other expenses: PARTICIPANT GIFTS/AWARDS

  total $269,076 · program services $235,777 · management and general $0 · fundraising $33,299

• 24c · Other expenses: CREDIT CARD/SERVICE FEES

  total $124,738 · program services $27,201 · management and general $97,537 · fundraising $0

• 24d · Other expenses: EVENTS COST

  total $95,337 · program services $18,941 · management and general $76,396 · fundraising $0

• 24e · All other expenses

  total $811,180 · program services $472,967 · management and general $338,213

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $106,571 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $4,821,633 · end of year $8,769,850

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $1,944,423 · end of year $1,871,373

• 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 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $0

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

  $10,806

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

  $10,806

• 11 · Investments: publicly traded securities

  beginning of year $21,600,895 · end of year $22,809,216

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $209,359 · end of year $118,212

• 17 · Accounts payable and accrued expenses

  beginning of year $1,153,133 · end of year $1,394,993

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $18,160 · end of year $16,500

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $27,511,588 · end of year $32,157,158

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART I, LINE 3:

A COMPENSATION COMMITTEE OF THE BOARD OF THE SAN ANTONIO BOWL ASSOCIATION ANNUALLY REVIEWS STAFF COMPENSATION. THE COMMITTEE UTILIZES THE DATA FROM THE FOOTBALL BOWL ASSOCIATION, DBA BOWL SEASON, COMPENSATION SURVEY AS PERFORMED BY A THIRD PARTY (ERNST & YOUNG) TO DETERMINE COMPARABLE COMPENSATION FOR LIKE POSITIONS AT SIMILAR ORGANIZATIONS. THE TOTAL COMPENSATION IS ALLOCATED 5% TO ALAMO EVENTS, INC. AND 95% TO SAN ANTONIO BOWL ASSOCIATION. THE MINUTES OF THE MEETING(S) ARE RETAINED AT THE ORGANIZATION. THE LAST REVIEW WAS PERFORMED IN FEBRUARY OF 2025.

FORM 990, SCHEDULE J, PART I, LINE 5A & 5B:

THE BONUS PLAN IS BASED UPON TICKET REVENUE, SPONSORSHIP REVENUE, COST CONTAINMENT, GOVERNANCE COMPLIANCE AND SURVEY RESULTS.