Overview
What is Cotton Bowl Athletic Association?
The Cotton Bowl Athletic Association is a renowned nonprofit organization based in Arlington, Texas. Established in 1936, it has been a significant contributor to college football for nearly nine decades. The Association is known for hosting the annual Cotton Bowl Classic, a post-season collegiate sports event that has featured some of the nation's top teams and gridiron greats since its inception. The game brings together thousands of spectators and generates substantial economic impact for the region. Beyond the game itself, the Cotton Bowl Athletic Association has given over $205 million to higher education and provides various events, including youth football clinics, hospital visits, band concerts, and Hall of Fame ceremonies. The organization's mission is to present innovative college football bowl games and create premier sports experiences for universities, student-athletes, sponsors, and the community. With approximately 72 employees, the Cotton Bowl Athletic Association continues to be a leader in college sports entertainment.
Official website here: www.goodyearcottonbowl.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Cotton Bowl Athletic Association has achieved a remarkable 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in several key areas, including an independent board and program expense ratio, the organization demonstrates a solid commitment to fiscal responsibility and transparency. Such high scores indicate that it effectively utilizes a significant portion of its funds toward its programs and services.
The association boasts a board comprised of 98% independent members, which contributes to its effective governance structure. It has also established comprehensive policies, including conflict of interest, whistleblower, and document retention protocols, ensuring ethical operations and accountability. The charity’s commitment to maintaining a low liabilities-to-assets ratio further emphasizes its financial health.
While the association excels in many areas, the data does not specifically highlight any limitations or concerns. Overall, the Cotton Bowl Athletic Association presents a strong case for its credibility and effectiveness as a nonprofit organization, making it a trustworthy option for donors looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cotton Bowl Athletic Association legitimate?
Cotton Bowl Athletic Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cotton Bowl Athletic Association 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: $1,720,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $960,962
For more financial information, click here
Official website here: www.goodyearcottonbowl.com
What is the mission statement of Cotton Bowl Athletic Association?
The Cotton Bowl Athletic Association strives to present the most innovative college football bowl games and lead in creating premier sports experiences for universities, student athletes, sponsors, and the community. For nearly nine decades, it has been a significant sports endeavor in the United States, hosting some of college football's finest moments and generating substantial funding for higher education. The association provides various events surrounding the game, including a Dallas Cowboys youth football clinic, children's hospital visits, band concerts, and Hall of Fame ceremonies. During game week, it attracts huge crowds of college football fans, generating economic impact for the region. The association's mission transcends the game itself, making it a special and unique event for past, present, and future generations. Founded in 1936, it has showcased numerous football greats and legendary coaches, making it a prestigious part of post-season college football.
Official website here: www.goodyearcottonbowl.com
Who is the CEO of Cotton Bowl Athletic Association?
Rick Baker is the President / Ceo of Cotton Bowl Athletic Association. The CEO's salary of Cotton Bowl Athletic Association is $900,688 and their total compensation is $1,056,440.
Official website here: www.goodyearcottonbowl.com
What is the revenue of Cotton Bowl Athletic Association?
Cotton Bowl Athletic Association's revenue in 2023 was $16,767,428.
Official website here: www.goodyearcottonbowl.com
Who are the executives of Cotton Bowl Athletic Association and what are their salaries?
The average compensation at Cotton Bowl Athletic Association during 2023 was $37,245. There are 72 employees and 90 volunteers at Cotton Bowl Athletic Association.
Here are 95 key members and their salaries (Cotton Bowl Athletic Association's CEO's salary is $900,688 and their total compensation is $1,056,440):
- Compensation: $900,688
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- Other: $155,752
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- Compensation: $162,400
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- Other: $51,465
- Compensation: $145,549
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- Other: $47,724
- Compensation: $122,902
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Official website here: www.goodyearcottonbowl.com
Where can I find the form 990 for Cotton Bowl Athletic Association?
Cotton Bowl Athletic Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodyearcottonbowl.com
Learn more at the official website: www.goodyearcottonbowl.com
Mission Statement of Cotton Bowl Athletic Association
The Cotton Bowl Athletic Association, a renowned nonprofit organization, is dedicated to presenting the most innovative college football bowl games and leading in creating premier sports experiences. This mission extends to universities, student athletes, sponsors, and the community. Since its inception in 1936, the organization has become a beacon of post-season collegiate sports in America, with a rich history that spans nearly nine decades.
The Cotton Bowl Classic, an annual event, has been a source of excitement and pride for college football fans across the nation. Featuring top-tier teams, the game attracts thousands of spectators and generates significant economic impact for the host region. Beyond the game itself, the Cotton Bowl Association offers various events, including youth football clinics, hospital visits, band concerts, and Hall of Fame ceremonies. These activities contribute to the overall sports experience, fostering a sense of community and celebration.
The Cotton Bowl Association's impact extends beyond the football field. Through its various initiatives, the organization has contributed over $205 million to higher education. Additionally, the organization's generous hospitality and entertainment offerings cater to players, media, and institution officials, enhancing their experience and fostering a sense of appreciation for the rich tradition of post-season college football. The organization's esteemed history is evident in the legends and coaches who have graced its fields, cementing its place as a leader in college sports.
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Impact
October, 2024
The Cotton Bowl Athletic Association has a significant impact on collegiate sports and local communities in Texas. Since its inception in 1936, the Cotton Bowl Classic has become a hallmark event, celebrated for its rich history and the elite level of competition it showcases. With notable participants including legendary players and coaches, the event not only honors the sport but also brings substantial economic benefits to the North Texas region.
During events like the Cotton Bowl Classic, thousands of fans converge in the area, creating a vibrant atmosphere and generating an estimated $54 million in direct economic impact. This influx of visitors aids local businesses and enhances the cultural landscape of Arlington, Texas. The surrounding events, such as youth football clinics, hospital visits, and band concerts, further amplify community engagement and provide opportunities for interaction between student athletes and local residents.
The Cotton Bowl's commitment to higher education is also noteworthy, having contributed over $205 million to this cause throughout its history. By supporting educational initiatives, the association fosters growth and opportunities for student athletes, aligning with its mission of creating premier college sports experiences.
Additionally, the Cotton Bowl is an integral part of the College Football Playoff framework, representing one of the most prestigious events in collegiate athletics. This affiliation underscores its importance in the larger context of college football, highlighting its role in promoting sportsmanship and excellence on a national stage.
In essence, the Cotton Bowl Athletic Association not only enriches the experience of college football but serves as a catalyst for economic growth, educational support, and community involvement in Texas.
This information is meant to be a general summary of Cotton Bowl Athletic Association. 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 2023.
- Investment Income: $2,657,481
- Program Service Revenue: $11,406,135
- Gross Receipts: $17,085,383
Assets and Liabilities:
- Total Assets: $32,802,756
- Total Liabilities: $1,606,177
- Net Assets: $31,196,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAME RELATED INCOME
Revenue
$11,406,135
Organization Details
Founding Year
1937
Phone
(817) 892-4800Principal Officer
Rick Baker
Main Address
One ATT Way, arlington, TX, 76011
Website
www.goodyearcottonbowl.comNTEE Category
Code: N650 - Recreation
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