Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: NIL MEMBERSHIP DUES

  total $229,393,150 · related or exempt $229,393,150

• 2b · Program service revenue: MEMBERSHIP DUES-AGENTS

  total $3,731,250 · related or exempt $3,731,250

• 2c · Program service revenue: AGENT REVENUE

  total $2,086,778 · related or exempt $2,086,778

• 2d · Program service revenue: TOP 100 CAMP REVENUE

  total $1,437,179 · related or exempt $1,437,179

• 3 · Investment income

  total $9,925,323 · excluded $9,925,323

• 5 · Royalties

  total $42,409,058 · excluded $42,409,058

• 6a · Gross rents

  real property $212,787

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $212,787

• 6d · Net rental income or loss

  total $212,787 · excluded $212,787

• 7a · Gross sales of assets other than inventory

  securities $262,202,063

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

  securities $263,136,031

• 7c · Gain or loss

  securities -$933,968

• 7d · Net gain or loss

  total -$933,968 · excluded -$933,968

• 11a · Other revenue: SHARED SVC (COST)-NBPI

  total $1,933,229 · excluded $1,933,229

• 11b · Other revenue: SHARED SVC (COST)-3RD

  total $651,323 · excluded $651,323

• 11c · Other revenue: OTHER REVENUE

  total $131,165 · related or exempt $131,165

• 11e · Other revenue, total

  $2,715,717

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,071,408

• 5 · Compensation of officers, directors and key employees

  total $7,794,876

• 6 · Compensation of disqualified persons

  total $766,092

• 7 · Other salaries and wages

  total $8,043,912

• 8 · Pension plan contributions

  total $392,266

• 9 · Other employee benefits

  total $1,090,092

• 10 · Payroll taxes

  total $755,277

• 11a · Fees: management

  total $14,330,025

• 11b · Fees: legal

  total $936,066

• 11c · Fees: accounting

  total $205,150

• 11d · Fees: lobbying

  total $92,250

• 11f · Fees: investment management

  total $128,119

• 11g · Fees: other

  total $6,693,306

• 13 · Office expenses

  total $2,932,446

• 16 · Occupancy

  total $4,757,797

• 17 · Travel

  total $4,243,220

• 19 · Conferences, conventions and meetings

  total $60,451

• 22 · Depreciation, depletion and amortization

  total $1,354,701

• 23 · Insurance

  total $960,178

• 24a · Other expenses: REBATE OF EXCESS DUES

  total $229,393,150

• 24b · Other expenses: BAD DEBT EXPENSE

  total $3,026,170

• 24c · Other expenses: TOP 100 CAMP EXP.

  total $1,437,179

• 24d · Other expenses: PUBLIC RELATIONS

  total $408,950

• 24e · All other expenses

  total $3,653,686

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $17,452,884 · end of year $13,102,665

• 2 · Savings and temporary cash investments

  beginning of year $14,579,810 · end of year $3,592,946

• 4 · Accounts receivable

  beginning of year $90,107,887 · end of year $80,174,059

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,637,424 · end of year $1,051,002

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

  $23,627,843

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

  $10,877,960

• 10c · Land, buildings and equipment, net

  beginning of year $13,729,882 · end of year $12,749,883

• 11 · Investments: publicly traded securities

  beginning of year $190,787,461 · end of year $235,654,060

• 12 · Investments: other securities

  beginning of year $6,000,000 · end of year $6,000,000

• 15 · Other assets

  beginning of year $35,929,721 · end of year $33,198,830

• 17 · Accounts payable and accrued expenses

  beginning of year $11,854,997 · end of year $7,482,110

• 19 · Deferred revenue

  beginning of year $15,720,249 · end of year $21,067,104

• 25 · Other liabilities

  beginning of year $242,403,721 · end of year $246,973,023

• 27 · Net assets without donor restrictions

  beginning of year $100,246,102 · end of year $110,001,208

The filer's explanations (Part III)

PART I, LINE 1A

PER NBA'S BUSINESS EXPENSE & TRAVEL POLICIES IF THE PUBLISHED NON-STOP FLIGHT DISTANCE EXCEEDS 1,500 MILES, BUSINESS CLASS (OR, IF NOT AVAILABLE, FIRST CLASS) IS AUTHORIZED, EVEN THOUGH THE COST MAY EXCEED THE LOWEST AVAILABLE AIRFARE. BUSINESS OR FIRST CLASS TRAVEL MAY ALSO BE AUTHORIZED BY THE CFO AND THE RESPECTIVE SUPERVISOR IF THE ADDITIONAL COST IS MINIMAL AS COMPARED TO THE LOWER COST OF COACH TRAVEL, OF IF "SPECIAL CIRCUMSTANCES" ARE PRESENT (SUCH AS DISABILITY, FLIGHTS TO MULTIPLE DESTINATIONS IN A BRIEF TIME, TRAVEL WITH PLAYERS OR NBA OFFICIALS WHERE INTERESTS OF THE PLAYERS WOULD BE SERVED). THE EXECUTIVE DIRECTOR, ANDRE IGUODALA, RECEIVED A TAXABLE HOUSING ALLOWANCE IN CALENDAR YEAR 2023. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III).

PART I, LINES 4A-B

EXECUTIVE DIRECTOR, TAMIKA TREMAGLIO RECEIVED A SEVERANCE PAYMENT IN JANUARY OF 2024; THIS AMOUNT WILL BE REPORTED ON THE NBPA'S SUCCEEDING YEAR FORM 990. NBPA HAS A SECTION 409(A) NONQUALIFIED RETIREMENT PLAN IN PLACE FOR SEVERAL KEY EXECUTIVES THAT IS ADMINISTERED BY A RELATED ENTITY, NATIONAL BASKETBALL PLAYERS, INC. THE FOLLOWING INDIVIDUALS PARTICIPATE IN THE PLAN AND RECEIVED THE FOLLOWING CONTRIBUTIONS (WHICH ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C)): TAMIKA TREMAGLIO - $10,339 GARY ARRICK -$44,663 DAVID OKHUMALE - $4,721

PART II:

THE PLAYER REPRESENTATIVE REPORTED IN SCHEDULE J IS NOT PAID TO SERVE IN HIS CAPACITY AS A PLAYER REPRESENTATIVE. COMPENSATION REPORTED IN SCHEDULE J, COLUMN (B)(III) REPRESENTS FEES THE PLAYER WAS PAID INDIRECTLY FROM THIRD PARTY SPONSORS AS A RESULT OF THE PLAYER'S PARTICIPATION IN SPONSORED EVENTS OR DELIVERY OF OTHER BENEFITS RELATED TO SPONSORSHIP AGREEMENTS.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• PUZZLE DUCK LLC

  ONLINE GAMING · DE

• OFF COURT LLC

  HOLDING CO · NY

Related corporations and trusts

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

• NATIONAL BASKETBALL PLAYERS INC (THINK450)

  C · MARKETING/LICENSING · NY · 100% owned · share of income $209,030,580 · share of assets $238,791,692 · controlled entity

  Directly controlled by NBPA

• HOME COURT MANAGEMENT CORPORATION

  C · HOLDING CO · NY · 100% owned · controlled entity

  Directly controlled by NBPA