Overview
What is Sugar Bowl?
Sugar Bowl is a nonprofit organization based in New Orleans, Louisiana, with a mission to promote tourism through hosting and sponsoring amateur and collegiate sporting events. Established with a vision to generate tourism, the organization has been successful in drawing large crowds, as seen with the attendance of 66,749 spectators in the 88th annual collegiate football bowl game on January 1, 2022. About two-thirds of the attendees came from outside the Greater New Orleans metropolitan area. Sugar Bowl's activities include organizing, financing, sponsoring, scheduling, conducting, and operating a variety of local, state, national, and international amateur and collegiate sporting events in the Greater New Orleans area and the state of Louisiana. The organization employs a team of 14 individuals to carry out its objectives.
Official website here: www.allstatesugarbowl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Sugar Bowl has achieved a notably high rating of 96% from Charity Navigator, reflecting strong accountability and financial practices. The organization demonstrates a robust commitment to transparency, as evidenced by its independent board composed entirely of independent members and strong financial oversight. The absence of any material diversion of assets further reinforces its credibility.
The organization excels in managing its resources effectively, with an impressive program expense ratio of 92.63%. This indicates that a significant portion of its funds is allocated directly toward its programs, highlighting a focus on mission-driven activities. Additionally, Sugar Bowl has implemented comprehensive policies including conflict of interest and whistleblower protections, ensuring a strong governance framework.
While the data presents a very positive picture, potential donors should continue to monitor ongoing performance and sustainability as with any nonprofit. Overall, the strong rating and commitment to accountability suggest that Sugar Bowl is a reputable organization worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is Sugar Bowl legitimate?
Sugar Bowl is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sugar Bowl 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: $1,086,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,856,434
For more financial information, click here
Official website here: www.allstatesugarbowl.org
What is the mission statement of Sugar Bowl?
The Sugar Bowl is an organization dedicated to hosting and sponsoring various amateur and collegiate sporting events. Its primary objective is to generate tourism through the promotion, financing, and operation of a calendar of local, state, national, and international events. The Sugar Bowl is renowned for the Allstate Sugar Bowl, an annual collegiate football post-season game. Established in the 1930s, the Allstate Sugar Bowl is one of the oldest bowl games in the country, attracting thousands of spectators annually. The 2022 event welcomed 66,749 attendees, with nearly two-thirds coming from outside the local metropolitan area.
Official website here: www.allstatesugarbowl.org
Who is the CEO of Sugar Bowl?
Jeffrey L Hundley is the CEO of Sugar Bowl The CEO's salary of Sugar Bowl is $877,261 and their total compensation is $982,587.
Official website here: www.allstatesugarbowl.org
What is the revenue of Sugar Bowl?
Sugar Bowl's revenue in 2024 was $26,970,426.
Official website here: www.allstatesugarbowl.org
Who are the executives of Sugar Bowl and what are their salaries?
The average compensation at Sugar Bowl during 2024 was $173,142. There are 17 employees and 127 volunteers at Sugar Bowl.
Here are 33 key members and their salaries (Sugar Bowl's CEO's salary is $877,261 and their total compensation is $982,587):
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- Compensation: $877,261
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- Other: $49,186
Official website here: www.allstatesugarbowl.org
Where can I find the form 990 for Sugar Bowl?
Sugar Bowl's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.allstatesugarbowl.org
Learn more at the official website: www.allstatesugarbowl.org
Mission Statement of Sugar Bowl
The Sugar Bowl, an esteemed organization established with the purpose of generating tourism, seeks out, promotes, finances, sponsors, schedules, conducts, and operates a calendar of local, state, national, and international amateur and collegiate sporting events in various parts of the country. Based in Louisiana, the Sugar Bowl's primary mission is to bring together communities through sports, attracting a significant number of spectators from outside the local area.
One of the most notable events under the Sugar Bowl's auspices is the Allstate Sugar Bowl, an annual collegiate football post-season bowl game that has been a cherished tradition since its inception. The Allstate Sugar Bowl is one of the oldest bowl games in the nation, having celebrated its 88th anniversary on January 1, 2022. With an impressive attendance of 66,749 spectators, approximately 64.8 percent of whom hailed from beyond the greater New Orleans metropolitan area, the Allstate Sugar Bowl continues to be a significant tourism draw.
The Sugar Bowl's commitment to promoting tourism through sports events is a testament to its enduring impact on communities. By hosting high-profile competitions, the organization not only brings excitement and enthusiasm to local residents but also attracts a diverse audience from across the globe. Through its various events, the Sugar Bowl fosters a sense of unity and camaraderie, inspiring individuals to come together and celebrate the spirit of competition.
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Impact
October, 2024
Sugar Bowl has a significant impact on tourism and the local economy in New Orleans. By hosting and sponsoring amateur and collegiate sporting events, including the historic Allstate Sugar Bowl, the organization draws thousands of spectators to the city. For instance, the January 1, 2022, Sugar Bowl attracted 66,749 attendees, with a substantial 64.8% coming from outside the greater New Orleans area. This influx of visitors not only fills hotel rooms and boosts local businesses but also enhances the national profile of New Orleans as a premier sports destination.
The Sugar Bowl's mission to promote and conduct a diverse calendar of sporting events contributes to a vibrant community and cultivates a dynamic atmosphere that celebrates athletics. Events like the Sugar Bowl bring communities together, fostering pride and engagement, while also providing economic benefits through tourism-generated revenue. Overall, Sugar Bowl plays a crucial role in shaping the sports landscape in Louisiana and reinforcing New Orleans' status as a hub for major sporting events.
This information is meant to be a general summary of Sugar Bowl. 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 2024.
- Investment Income: $2,186,359
- Program Service Revenue: $22,624,014
- Gross Receipts: $33,813,366
Assets and Liabilities:
- Total Assets: $66,510,603
- Total Liabilities: $2,370,838
- Net Assets: $64,139,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES - FOOTBALL
Revenue
$15,038,586
SPONSORSHIP - FOOTBALL
Revenue
$4,509,526
CONCERT SPONSORSHIP REVENUE
Revenue
$1,464,139
CONCERT TICKET REVENUE
Revenue
$993,785
CONCESSIONS - FOOTBALL
Revenue
$453,515
Organization Details
Founding Year
1935
Principal Officer
Jeff Hundley
Website
www.allstatesugarbowl.orgNTEE Category
Code: N700 - Recreation
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