Overview
What is Orange Bowl Committee Inc?
The Orange Bowl Committee Inc, an independent nonprofit organization based in Miami Lakes, Florida, is dedicated to boosting South Florida's image, economy, and culture through hosting activities and events. With a rich history spanning over 87 years, the organization has evolved beyond producing premier post-season college football games. It now includes a variety of festivals and programs that attract visitors, inspire youth, and contribute to community improvements. Some of their programs and events include the Orange Bowl Basketball Classic, Youth Football Alliance, Cheer & Dance Championships, International Youth Regatta, Tennis Championships, Swim Classic, Lacrosse Classic, Drive for Excellence Girls Golf Program, and the Orange Bowl Leadership Academy. Over 50 employees work together to generate millions of dollars in economic activity and media added value for South Florida, as demonstrated by their successful hosting of the College Football Playoff semifinal and affiliated festival events.
Official website here: www.orangebowl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star Rating from Charity Navigator
The Orange Bowl Committee Inc has achieved an impressive 96% rating, indicating a strong emphasis on accountability and finance. This rating is based solely on their accountability measures, which highlights the organization’s commitment to financial transparency and governance. The perfect scores in various categories, such as independent board members and financial statements, emphasize their dedication to ethical practices and operational integrity.
Strengths of the organization include a fully independent board and high program expense ratio, with 83.15% of expenses dedicated to their programs. This suggests that a significant portion of their resources is allocated directly to their mission, which is a positive indicator for potential donors and supporters. The presence of robust policies, including conflict of interest and whistleblower protections, further enhances their credibility and trustworthiness.
There are no significant limitations noted in the available data regarding the Orange Bowl Committee Inc. Their performance on various accountability metrics indicates a well-managed organization that prioritizes responsible stewardship of funds and a commitment to its mission. Overall, this nonprofit stands out as a reliable option for those considering support or engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Orange Bowl Committee Inc legitimate?
Orange Bowl Committee Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orange Bowl Committee 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: $1,314,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,235,800
For more financial information, click here
Official website here: www.orangebowl.org
What is the mission statement of Orange Bowl Committee Inc?
The Orange Bowl Committee is an independent organization dedicated to enhancing the image, economy, and culture of a community through the production of various activities and events. Over its 87-year history, it has expanded beyond hosting post-season college football games to include a range of festivals that drive tourism and inspire youth. Some of the events under its umbrella are the Orange Bowl Basketball Classic, Youth Football Alliance, Cheer & Dance Championships, International Youth Regatta, Tennis Championships, Swim Classic, and Lacrosse Classic. The committee also provides funding for scholarships and community improvements, granting new opportunities to the youth in the community. In the past year, the committee hosted the College Football Playoff semifinal and affiliated festival events, which attracted tens of thousands of visitors, generating millions of dollars in economic activity and media added value for the local economy. The majority of the committee's expenses are used to produce game and festival events.
Official website here: www.orangebowl.org
Who is the CEO of Orange Bowl Committee Inc?
Eric L Poms is the Principal Officer of Orange Bowl Committee Inc. The CEO's salary of Orange Bowl Committee Inc is $770,138 and their total compensation is $839,953.
Official website here: www.orangebowl.org
What is the revenue of Orange Bowl Committee Inc?
Orange Bowl Committee Inc's revenue in 2022 was $30,457,464.
Official website here: www.orangebowl.org
Who are the executives of Orange Bowl Committee Inc and what are their salaries?
The average compensation at Orange Bowl Committee Inc during 2022 was $79,833. There are 57 employees and 482 volunteers at Orange Bowl Committee Inc.
Here are 31 key members and their salaries (Orange Bowl Committee Inc's CEO's salary is $770,138 and their total compensation is $839,953):
- Compensation: $770,138
- Related: $0
- Other: $69,815
- Compensation: $306,206
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- Other: $44,543
- Compensation: $287,890
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- Compensation: $198,335
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- Compensation: $148,454
- Related: $0
- Other: $33,281
- Compensation: $122,842
- Related: $0
- Other: $30,990
- Compensation: $109,448
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Official website here: www.orangebowl.org
Where can I find the form 990 for Orange Bowl Committee Inc?
Orange Bowl Committee Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orangebowl.org
Learn more at the official website: www.orangebowl.org
Mission Statement of Orange Bowl Committee Inc
The Orange Bowl Committee, a respected non-profit organization, strives to enrich South Florida's image, economy, and culture by producing various activities and events. Over the past 87 years, this independent volunteer-driven association has expanded its mission beyond hosting prestigious post-season college football games. It now coordinates a diverse range of festivals that attract tourists in droves, fueling the local economy with substantial revenue.
In line with its mission, the Orange Bowl Committee recently welcomed the College Football Playoff (CFP) semifinal to its roster of events. The game and accompanying festival activities not only boosted tourism but also generated over $267 million in economic activity and media added value for the region. This windfall translated into numerous jobs and significant benefits for local businesses. The committee's financial commitment to producing these events accounted for over 70% of its expenses.
Beyond the economic impact, the Orange Bowl Committee's events cater to a multitude of interests. These include the Orange Bowl Basketball Classic, Orange Bowl Youth Football Alliance, Orange Bowl Cheer & Dance Championships, Orange Bowl International Youth Regatta, Orange Bowl International Tennis Championships, Orange Bowl Swim Classic, and Orange Bowl Lacrosse Classic. The organization also funds scholarships and community improvements, offering new opportunities to South Florida's youth.
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Impact
October, 2024
The Orange Bowl Committee Inc significantly enhances the image, economy, and culture of South Florida through a wide range of activities and events. Over its 87-year history, it has evolved from simply hosting premier postseason college football games to orchestrating a vibrant festival of events that drive tourism, inspire youth, and uplift the local community.
In the past year, for instance, the organization hosted the College Football Playoff (CFP) Semifinal at the Capital One Orange Bowl along with various affiliated festival events. These initiatives attracted tens of thousands of visitors, contributing millions of dollars to the local economy. According to a third-party economic impact study, the 2021-22 bowl game and related festivals generated over $267 million in economic activity and media value for South Florida, leading to job creation and support for local businesses.
Moreover, the Orange Bowl Committee organizes a variety of youth-oriented programs and sporting events, such as the Orange Bowl Youth Football Alliance and the Orange Bowl Leadership Academy, which provide scholarships and new opportunities for local youth. A significant portion of the organization's expenses, over 70%, is dedicated to producing these impactful games and festivals, showcasing its commitment to the region’s economic and cultural development.
This information is meant to be a general summary of Orange Bowl Committee 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: $2,310,485
- Program Service Revenue: $25,388,384
- Gross Receipts: $70,350,651
Assets and Liabilities:
- Total Assets: $82,904,387
- Total Liabilities: $9,260,278
- Net Assets: $73,644,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Community Programs
Revenue
$1,207,744
Orange Bowl Festival
Revenue
$881,710
Orange Bowl Game
Revenue
$22,609,092
Other Program Revenue
Revenue
$689,838
Organization Details
Founding Year
1971
Phone
(305) 341-4700Principal Officer
Eric L Poms
Main Address
14360 NW 77TH COURT, MIAMI LAKES, FL, 33016
Website
www.orangebowl.orgNTEE Category
Code: B42 - Education
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