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← AMERICAN ATHLETIC CONFERENCE

Form 990 for tax year 2022

Filed by AMERICAN ATHLETIC CONFERENCE.

Totals

Total revenue
$123,403,258
Total expenses
$121,442,621
Contributions and grants received
$305,552
Grants paid
$100,122,494
Program service revenue
$120,892,852
Investment income
$1,902,638
Other revenue
$302,216
Total assets, end of year
$106,501,924
Total liabilities, end of year
$4,683,712
Net assets or fund balances, end of year
$101,818,212
Program services expenses (Part IX)
$118,937,494
Management and general expenses
$2,505,127
Fundraising expenses
$0
Program service expenses (Part III)
$118,937,494

Program services were 97.9% 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

    $305,552

  • 2a · Program service revenue: TELEVISION & RADIO RIGHTS

    total $67,368,610 · related or exempt $67,368,610

  • 2b · Program service revenue: POST SEASON TOURNAMENTS

    total $42,967,992 · related or exempt $42,967,992

  • 2c · Program service revenue: NCAA SPONSORSHIPS & GRANTS

    total $6,741,121 · related or exempt $6,741,121

  • 2d · Program service revenue: MEMBER EXIT FEES

    total $488,019 · related or exempt $488,019

  • 2e · Program service revenue: MEMBER ENTRY FEES

    total $194,235 · related or exempt $194,235

  • 2f · All other program service revenue

    total $3,132,875 · related or exempt $3,132,875

  • 3 · Investment income

    total $1,902,638 · excluded $1,902,638

  • 11a · Other revenue: MISCELLANEOUS

    total $302,216 · related or exempt $302,216

  • 11e · Other revenue, total

    $302,216

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,122,494 · program services $100,122,494

  • 5 · Compensation of officers, directors and key employees

    total $3,140,636 · program services $1,848,445 · management and general $1,292,191

  • 7 · Other salaries and wages

    total $2,226,953 · program services $1,849,598 · management and general $377,355

  • 8 · Pension plan contributions

    total $176,148 · program services $154,098 · management and general $22,050

  • 9 · Other employee benefits

    total $762,053 · program services $665,199 · management and general $96,854

  • 10 · Payroll taxes

    total $227,608 · program services $153,681 · management and general $73,927

  • 11b · Fees: legal

    total $54,213 · program services $48,792 · management and general $5,421

  • 11c · Fees: accounting

    total $26,068 · management and general $26,068

  • 11g · Fees: other

    total $189,296 · program services $149,544 · management and general $39,752

  • 12 · Advertising and promotion

    total $237,280 · program services $237,280

  • 13 · Office expenses

    total $112,797 · program services $56,399 · management and general $56,398

  • 14 · Information technology

    total $414,116 · program services $326,489 · management and general $87,627

  • 16 · Occupancy

    total $642,482 · program services $469,012 · management and general $173,470

  • 17 · Travel

    total $167,321 · program services $135,751 · management and general $31,570

  • 19 · Conferences, conventions and meetings

    total $464,234 · program services $371,387 · management and general $92,847

  • 22 · Depreciation, depletion and amortization

    total $118,482 · program services $86,492 · management and general $31,990

  • 23 · Insurance

    total $1,015,620 · program services $972,903 · management and general $42,717

  • 24a · Other expenses: OFFICIATING

    total $5,735,656 · program services $5,735,656

  • 24b · Other expenses: CONFERENCE CHAMPIONSHIP

    total $3,558,302 · program services $3,558,302

  • 24c · Other expenses: DIGITAL NETWORK PRODUCT

    total $1,293,376 · program services $1,293,376

  • 24d · Other expenses: EXCISE TAX

    total $300,884 · program services $300,884

  • 24e · All other expenses

    total $456,602 · program services $401,712 · management and general $54,890

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,155,792 · end of year $32,711,599

  • 2 · Savings and temporary cash investments

    beginning of year $32,123,852 · end of year $18,324,024

  • 4 · Accounts receivable

    beginning of year $53,810 · end of year $110,156

  • 9 · Prepaid expenses and deferred charges

    beginning of year $202,308 · end of year $720,495

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

    $1,221,553

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

    $725,521

  • 10c · Land, buildings and equipment, net

    beginning of year $614,514 · end of year $496,032

  • 15 · Other assets

    beginning of year $59,861,268 · end of year $54,139,618

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,806,168 · end of year $908,546

  • 19 · Deferred revenue

    beginning of year $890,847 · end of year $933,298

  • 25 · Other liabilities

    beginning of year $456,954 · end of year $2,841,868

  • 27 · Net assets without donor restrictions

    beginning of year $99,857,575 · end of year $101,818,212

Mission and programs · 2022

Mission

THE AMERICAN ATHLETIC CONFERENCE'S MISSION IS TO PROVIDE STUDENTS WITH THE HIGHEST QUALITY EDUCATION AND LEVEL OF COMPETITION. WORKING TOGETHER WITH A COLLECTIVE STRENGTH AND SPIRIT, OUR UNIVERSITIES ARE COMMITTED TO OUR STUDENT'S HEALTH AND WELL-BEING, AND TO PROVIDE THE SKILLS AND TRAINING ESSENTIAL TO EMPOWER THEM IN THEIR LIVES AND CAREERS AFTER GRADUATION. WE WILL STRIVE TO BE A LEADER IN DIVERSITY, EQUITY, AND INCLUSION.AS A POWER CONFERENCE,WE WILL PURSUE ACADEMIC AND ATHLETIC EXCELLENCE IN THE CONTEXT OF OUR CORE VALUES OF INTEGRITY AND SPORTSMANSHIP AND IN A CULTURE OF COMPLIANCE, BY BEING INNOVATIVE IN OUR APPROACH, AND BY ENGAGING CONSTRUCTIVELY WITH OUR COMMUNITIES AND WITH OUR PEERS IN THE GREATER COLLEGE COMMUNITY.

  • TO SUPERVISE AND CONTROL INTERCOLLEGIATE ATHLETICS WITHIN THE SCOPE OF THE EDUCATIONAL PURPOSE OF THE CONFERENCE. TO ENCOURAGE SPORTSMANSHIP AND SOUND ACADEMIC PRACTICES FOR STUDENT ATHLETES AND HIGH STANDARDS OF COMPETITIVE PERFORMANCE.

    Expenses $118,937,494 · Grants $100,122,494 · Revenue $121,195,068

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MICHAEL L ARESCO

    COMMISSIONER,PRESIDENT

    Total calculated
    $2,459,780
    From this org
    $2,459,780
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,919,668
    Bonus
    $500,000
    Other
    $40,112
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $2,459,780

  • DONNA DEMARCO EGAN

    SR. ASSOC. COMM.-COO

    Total calculated
    $305,143
    From this org
    $305,143
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $295,143
    Bonus
    $0
    Other
    $10,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $305,143

  • STACY MARTIN

    SR. ASSOC. COMM.-CFO

    Total calculated
    $283,939
    From this org
    $283,939
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,939
    Bonus
    $0
    Other
    $10,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $283,939

  • KARL P HICKS

    ASSOC. COMM.- BASKETBALL

    Total calculated
    $261,280
    From this org
    $261,280
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,151
    Bonus
    $0
    Other
    $24,129
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $261,280

  • ELLEN M FERRIS

    ASSOC. COMM.-GOVERNANCE

    Total calculated
    $245,573
    From this org
    $245,573
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,573
    Bonus
    $0
    Other
    $10,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $245,573

  • THOMAS R ODJAKJIAN UNTIL 1072

    SR. ASSOC. COMM.-BROADCAS

    Total calculated
    $219,215
    From this org
    $219,215
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,215
    Bonus
    $0
    Other
    $10,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $219,215

  • SCOTT A DRAPER UNTIL 10222

    ASSOC. COMM.- FOOTBALL

    Total calculated
    $180,070
    From this org
    $180,070
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,070
    Bonus
    $0
    Other
    $10,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $180,070

  • ROBERT WEYGAND

    ASSOC. COMM.-SPORTS ADMIN

    Total calculated
    $163,635
    From this org
    $163,635
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,635
    Bonus
    $0
    Other
    $10,000
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $163,635

  • VADM WALTER SEAN BUCK

    BOARD MEMBER-US NAVAL ACAD

    Total calculated
    $0
    Hours/week
    2

  • BRAD CARSON

    BOARD MEMBER-UNIV OF TULSA

    Total calculated
    $0
    Hours/week
    2

  • ALEXANDER CARTWRIGHT

    BOARD MEMBER-UNIV OF C FLO

    Total calculated
    $0
    Hours/week
    2

  • JO-ANNE EPPS

    BOARD MEMBER-TEMPLE UNIVER

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL A FITTS

    BOARD MEMBER-TULANE UNIVER

    Total calculated
    $0
    Hours/week
    2

  • BILL HARDGRAVE

    BOARD MEMB-UNIVER. OF MEMP

    Total calculated
    $0
    Hours/week
    2

  • DR RENU KHATOR

    BOARD MEMBER-UNIV. OF HOUS

    Total calculated
    $0
    Hours/week
    2

  • RHEA LAW

    BOARD MEMBER-UNIV. OF S. F

    Total calculated
    $0
    Hours/week
    2

  • RICHARD MUMA

    BOARD MEMBER-WICHITA STATE

    Total calculated
    $0
    Hours/week
    2

  • NEVILLE PINTO

    BOARD MEMBER-UNIV.OF CINCI

    Total calculated
    $0
    Hours/week
    2

  • DR PHILIP ROGERS

    BOARD MEMBER-EAST CAROLINA

    Total calculated
    $0
    Hours/week
    2

  • DR R GERALD TURNER

    BOARD MEMBER-S. METHODIST

    Total calculated
    $0
    Hours/week
    2

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
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Written employment contract
  • 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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
6 May 2024
IRS schema version
2022v5.0
Source object
202401369349302815

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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