Totals
- Total revenue
- $44,580,109
- Total expenses
- $35,589,796
- Contributions and grants received
- $43,218,118
- Grants paid
- $26,533,146
- Program service revenue
- $0
- Investment income
- $1,336,962
- Other revenue
- $25,029
- Total assets, end of year
- $93,945,531
- Total liabilities, end of year
- $494,208
- Net assets or fund balances, end of year
- $93,451,323
- Program services expenses (Part IX)
- $26,533,146
- Management and general expenses
- $7,436,873
- Fundraising expenses
- $1,619,777
- Program service expenses (Part III)
- $26,533,146
Program services were 74.6% 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.
-
1f · All other contributions, gifts and grants
$43,218,118
-
1g · Noncash contributions included above
$1,987,345
-
3 · Investment income
total $770,489 · excluded $770,489
-
7a · Gross sales of assets other than inventory
securities $2,507,072
-
7b · Less cost or other basis and sales expenses
securities $1,940,599
-
7c · Gain or loss
securities $566,473
-
7d · Net gain or loss
total $566,473 · excluded $566,473
-
11a · Other revenue: MISCELLANEOUS INCOME
total $25,029 · related or exempt $25,029
-
11e · Other revenue, total
$25,029
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $26,533,146 · program services $26,533,146
-
5 · Compensation of officers, directors and key employees
total $541,329 · management and general $364,995 · fundraising $176,334
-
7 · Other salaries and wages
total $1,629,290 · management and general $1,106,975 · fundraising $522,315
-
8 · Pension plan contributions
total $145,261 · management and general $93,251 · fundraising $52,010
-
9 · Other employee benefits
total $123,526 · management and general $78,416 · fundraising $45,110
-
10 · Payroll taxes
total $151,868 · management and general $95,796 · fundraising $56,072
-
11b · Fees: legal
total $20,883 · management and general $20,883
-
11c · Fees: accounting
total $27,100 · management and general $27,100
-
11f · Fees: investment management
total $26,515 · management and general $20,948 · fundraising $5,567
-
11g · Fees: other
total $3,928,722 · management and general $3,902,926 · fundraising $25,796
-
13 · Office expenses
total $163,133 · management and general $149,453 · fundraising $13,680
-
16 · Occupancy
total $154,983 · management and general $112,733 · fundraising $42,250
-
17 · Travel
total $134,718 · management and general $19,892 · fundraising $114,826
-
19 · Conferences, conventions and meetings
total $12,590 · management and general $11,954 · fundraising $636
-
22 · Depreciation, depletion and amortization
total $512,325 · management and general $512,325
-
23 · Insurance
total $48,545 · management and general $48,298 · fundraising $247
-
24e · All other expenses
total $1,435,862 · management and general $870,928 · fundraising $564,934
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $33,894,471 · end of year $31,188,198
-
3 · Pledges and grants receivable
beginning of year $19,565,062 · end of year $21,061,612
-
4 · Accounts receivable
beginning of year $2,036,512 · end of year $2,040,001
-
9 · Prepaid expenses and deferred charges
beginning of year $375,095 · end of year $281,899
-
10a · Land, buildings and equipment: cost or other basis
$6,378,074
-
10b · Land, buildings and equipment: accumulated depreciation
$5,351,076
-
10c · Land, buildings and equipment, net
beginning of year $1,539,323 · end of year $1,026,998
-
11 · Investments: publicly traded securities
beginning of year $9,671,268 · end of year $14,162,849
-
12 · Investments: other securities
beginning of year $16,463,449 · end of year $24,183,974
-
17 · Accounts payable and accrued expenses
beginning of year $352,787 · end of year $494,208
-
27 · Net assets without donor restrictions
beginning of year $69,128,055 · end of year $74,293,543
-
28 · Net assets with donor restrictions
beginning of year $14,064,338 · end of year $19,157,780
Mission and programs · 2022
Mission
SUPPORT OF INTERCOLLEGIATE ATHLETICS AT THE UNIVERSITY OF ARKANSAS
-
PAYMENTS TO AND ON BEHALF OF THE UNIVERSITY OF ARKANSAS ATHLETIC DEPARTMENT FOR OPERATIONAL FUNDING.
Expenses $18,724,934 · Grants $18,724,934
-
PAYMENTS TO AND ON BEHALF OF THE UNIVERSITY OF ARKANSAS ATHLETIC DEPARTMENT FOR FACILITIES, CONSTRUCTION, AND RENOVATION.
Expenses $7,553,337 · Grants $7,553,337
-
PAYMENTS TO AND ON BEHALF OF THE UNIVERSITY OF ARKANSAS ATHLETIC DEPARTMENT FOR SCHOLARSHIPS.
Expenses $254,875 · Grants $254,875
As filed on the 2022 return.
Listed in Part VII
-
Kevin ScanlonKEVIN SCANLON
CHAIR AND PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
Mindy WestMINDY WEST
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
John RutledgeJOHN RUTLEDGE
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
Angela RyanANGELA RYAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
Ken MourtonKEN MOURTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Todd SimmonsTODD SIMMONS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Rick ChapmanRICK CHAPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Charles RedfieldCHARLES REDFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Lisa WalkerLISA WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Rick MasseyRICK MASSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Derrick RichardsonDERRICK RICHARDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Derrick ThomasDERRICK THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Bryan HuntBRYAN HUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Jj HurleyJJ HURLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Marsha MartinMARSHA MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Scott VaradySCOTT VARADY
EXECUTIVE DIRECTOR
- Total calculated
- $288,023
- From this org
- $260,026
- From related orgs
- $0
- Other
- $27,997
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $260,026
- Bonus
- $0
- Other
- $0
- Deferred
- $13,408
- Nontaxable benefits
- $14,589
- Filer's total
- $288,023
-
Billye VetetoBILLYE VETETO
CHIEF FINANCIAL OFFICER
- Total calculated
- $203,001
- From this org
- $179,636
- From related orgs
- $0
- Other
- $23,365
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $179,636
- Bonus
- $0
- Other
- $0
- Deferred
- $18,199
- Nontaxable benefits
- $5,166
- Filer's total
- $203,001
-
John MatskoJOHN MATSKO
SENIOR ASSOCIATE DIRECTOR
- Total calculated
- $176,557
- From this org
- $147,068
- From related orgs
- $0
- Other
- $29,489
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $147,068
- Bonus
- $0
- Other
- $0
- Deferred
- $15,504
- Nontaxable benefits
- $13,985
- Filer's total
- $176,557
-
Marvin CastonMARVIN CASTON
SENIOR DIRECTOR OF DEVELOP
- Total calculated
- $184,280
- From this org
- $154,192
- From related orgs
- $0
- Other
- $30,088
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $154,192
- Bonus
- $0
- Other
- $0
- Deferred
- $16,103
- Nontaxable benefits
- $13,985
- Filer's total
- $184,280
-
Mica StrotherMICA STROTHER
SENIOR DIRECTOR OF DEVELOP
- Total calculated
- $175,596
- From this org
- $150,007
- From related orgs
- $0
- Other
- $25,589
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $150,007
- Bonus
- $0
- Other
- $0
- Deferred
- $15,504
- Nontaxable benefits
- $10,085
- Filer's total
- $175,596
-
Quinn GroveyQUINN GROVEY
SENIOR DIRECTOR OF DEVELOP
- Total calculated
- $173,865
- From this org
- $153,638
- From related orgs
- $0
- Other
- $20,227
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,638
- Bonus
- $0
- Other
- $0
- Deferred
- $15,504
- Nontaxable benefits
- $4,723
- Filer's total
- $173,865
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 · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINED THE SALARY OF THE EXECUTIVE DIRECTOR.
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
-
UNIVERSITY OF ARKANSAS
$18,724,934
ATHLETIC DEPARTMENT EXPENSES
-
UNIVERSITY OF ARKANSAS
$7,553,337
CAPITAL CONSTRUCTION
-
UNIVERSITY OF ARKANSAS
$254,875
SCHOLARSHIPS
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.
-
SPORTS SHOWS INC
RADIO/TELEVISION · AR · income $0 · assets $0
Directly controlled by RAZORBACK FOUNDATION INC
-
CATO SPRINGS ROAD LLC
ACCEPT THIRD PARTY GIFTS OF PROP & EQUIP FOR THE BENEFIT OF THE FOUNDATION · AR · income $0 · assets $900,000
Directly controlled by RAZORBACK FOUNDATION INC
-
A CLUB
FORMER LETTER WINNER CLUB · AR · income $40,689 · assets $142,638
Directly controlled by RAZORBACK FOUNDATION INC
-
WILD HOG PRODUCTIONS
SPECIAL EVENTS · AR · income $0 · assets $0
Directly controlled by RAZORBACK FOUNDATION INC
-
TSSD LLC
ACCEPT THIRD PARTY GIFTS OF PROP & EQUIP FOR THE BENEFIT OF THE FOUNDATION · AR · income $0 · assets $0
Directly controlled by RAZORBACK FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349306683
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