Overview
What is The Big Ten Conference Inc?
The Big Ten Conference Inc, founded in 1896, is a reputable association of renowned universities in the United States with a mission centered on research, graduate, professional, and undergraduate teaching, and public service. Headquartered at 5440 Park Place, Rosemont, IL, 60018, the Conference functions as an intermediary, collecting revenue from football and basketball television contracts, bowl games, championship games, NCAA grants, and remitting these funds to the athletic departments of its member schools. The Big Ten is committed to the priority of academics in student-athletes' lives, upholding the values of integrity, fairness, and competitiveness. With a workforce of 74 employees, the organization is dedicated to fostering a balanced approach to athletics and academics.
Official website here: www.bigten.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
The Big Ten Conference Inc has received an overall score of 81%, indicating a solid performance primarily in the areas of accountability and finance. This score reflects the nonprofit's commitment to transparency and responsible financial management. The organization has achieved high marks in several areas, including a perfect score for its financial statements and the absence of material asset diversions.
Strengths of the organization include its excellent program expense ratio of 97.23%, demonstrating a strong focus on utilizing funds for its intended mission. The presence of comprehensive policies such as conflict of interest and whistleblower protections further enhances its credibility. The organization has also successfully maintained an effective audit and oversight committee, contributing to its strong accountability practices.
While the overall score is robust, it is important to note that the rating is based solely on the accountability and finance beacon, leaving potential gaps in assessing other aspects of its operations. Nonetheless, the Big Ten Conference Inc shows a commendable approach to responsible governance and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Big Ten Conference Inc legitimate?
The Big Ten Conference Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Big Ten Conference Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $3,849,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,337,091
For more financial information, click here
Official website here: www.bigten.org
What is the mission statement of The Big Ten Conference Inc?
The Big Ten Conference is an organization comprised of esteemed universities, each institution committed to a shared mission of excelling in research, graduate, professional, and undergraduate education, as well as public service. Established in 1896, the Big Ten has upheld a robust set of practices and policies, prioritizing academics for student-athletes and emphasizing values of integrity, fairness, and competition.
Official website here: www.bigten.org
Who is the CEO of The Big Ten Conference Inc?
Anthony Petitti is the Principal Officer of The Big Ten Conference Inc.
Official website here: www.bigten.org
What is the revenue of The Big Ten Conference Inc?
The Big Ten Conference Inc's revenue in 2022 was $845,640,731.
Official website here: www.bigten.org
Who are the executives of The Big Ten Conference Inc and what are their salaries?
The average compensation at The Big Ten Conference Inc during 2022 was $151,171. There are 74 employees at The Big Ten Conference Inc.
Here are 29 key members and their salaries:
- Compensation: $0
- Related: $2,222,805
- Other: $779,382
- Compensation: $0
- Related: $904,733
- Other: $398,715
- Compensation: $0
- Related: $1,141,668
- Other: $42,777
- Compensation: $0
- Related: $589,591
- Other: $284,574
- Compensation: $0
- Related: $291,596
- Other: $41,841
- Compensation: $0
- Related: $952,661
- Other: $63,226
- Compensation: $0
- Related: $234,498
- Other: $34,802
- Compensation: $0
- Related: $733,656
- Other: $56,105
- Compensation: $0
- Related: $592,054
- Other: $45,582
- Compensation: $0
- Related: $697,875
- Other: $77,937
- Compensation: $0
- Related: $907,987
- Other: $44,466
- Compensation: $0
- Related: $617,933
- Other: $50,782
- Compensation: $0
- Related: $1,262,291
- Other: $465,248
- Compensation: $0
- Related: $1,122,124
- Other: $33,021
- Compensation: $2,902,106
- Related: $0
- Other: $714,478
- Compensation: $226,404
- Related: $0
- Other: $66,553
- Compensation: $221,149
- Related: $0
- Other: $52,069
- Compensation: $214,694
- Related: $0
- Other: $52,451
- Compensation: $353,530
- Related: $0
- Other: $25,809
- Compensation: $319,257
- Related: $0
- Other: $20,220
- Compensation: $309,799
- Related: $0
- Other: $27,697
- Compensation: $256,548
- Related: $0
- Other: $48,048
- Compensation: $239,204
- Related: $0
- Other: $24,794
- Compensation: $0
- Related: $2,669,445
- Other: $106,674
- Compensation: $0
- Related: $816,667
- Other: $0
- Compensation: $0
- Related: $232,189
- Other: $25,780
- Compensation: $0
- Related: $401,053
- Other: $10,838
- Compensation: $0
- Related: $310,874
- Other: $0
- Compensation: $3,040,023
- Related: $0
- Other: $2,815,555
Official website here: www.bigten.org
Where can I find the form 990 for The Big Ten Conference Inc?
The Big Ten Conference Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bigten.org
Learn more at the official website: www.bigten.org
Mission Statement of The Big Ten Conference Inc
The Big Ten Conference, a renowned association of prestigious universities, is dedicated to a shared mission encompassing research, graduate, professional, and undergraduate education, as well as public service. Established in 1896, this illustrious organization has maintained a robust set of practices and policies that underscore the significance of academics within the student-athletes' lives.
Promoting an environment rooted in integrity, fairness, and competitiveness, The Big Ten Conference emphasizes the importance of its members' commitment to upholding these values. The institutions affiliated with the Conference have demonstrated a collective dedication to these principles, fostering a culture of excellence that permeates through both athletics and academia.
In pursuance of its mission, The Big Ten Conference's member universities collaborate to ensure that their student-athletes balance their athletic commitments with their academic responsibilities. This harmonious balance is essential in preparing students for successful careers and personal growth beyond the realm of sports. By prioritizing academics and emphasizing ethical conduct, The Big Ten Conference fosters a thriving community of scholars and athletes, propelling its members towards innovation and progress.
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Impact
October, 2024
The Big Ten Conference Inc significantly impacts both its member institutions and the broader landscape of collegiate athletics. Founded in 1896, it comprises world-class universities committed to a common mission of academic excellence, research, and public service.
Through its structured approach, the Conference ensures that academics remain a priority for student-athletes, promoting integrity, fairness, and competitiveness in all its activities. The revenue generated from lucrative football and basketball television contracts, along with bowl games and tournaments, is expertly managed and redistributed to member schools, bolstering their athletic programs and support services.
This financial support is crucial, as it allows institutions to enhance their athletic facilities, fund scholarships, and provide resources needed to maintain a well-rounded experience for student-athletes. Additionally, the Conference’s emphasis on shared practices fosters a collaborative environment among member universities, encouraging innovation and excellence in both academics and athletics.
This information is meant to be a general summary of The Big Ten Conference Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,962,124
- Program Service Revenue: $819,501,508
- Gross Receipts: $845,640,731
Assets and Liabilities:
- Total Assets: $336,066,093
- Total Liabilities: $80,751,943
- Net Assets: $255,314,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sports Revenue
Revenue
$764,349,228
Operating Revenue
Revenue
$50,058,418
Sponsorship & Media Events
Revenue
$2,118,299
Championship Events
Revenue
$1,785,563
University Assessments
Revenue
$1,190,000
Organization Details
Founding Year
1987
Phone
(847) 696-1010Principal Officer
Anthony Petitti
Main Address
5440 Park Place, Rosemont, IL, 60018
Website
www.bigten.orgNTEE Category
Code: N60 - Recreation
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