American Athletic Conference
- Assets
- $32.6m
- Revenue
- $94.0m
- Investments
- $0.0
- Employees
- 33
- Location
- Irving, TX
- Founding
- 02/1980
- Data as of
- 06/2021
- EIN
- 51-0244593
Organization Overview
American Athletic Conference is located in Irving, TX. The organization was established in 1980. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, American Athletic Conference employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Athletic Conference is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, American Athletic Conference generated $94.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $106.5m during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Athletic Conference has awarded 151 individual grants totaling $752,576,912. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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 6 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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael L Aresco Commissioner,president | Officer | 40 | $2,012,380 |
Donna Demarco Egan Sr. Assoc. Comm.-Coo | Officer | 40 | $281,850 |
Stacy Martin Sr. Assoc. Comm.-Cfo | Officer | 40 | $263,000 |
Thomas R Odjakjian Sr. Assoc. Comm.-Broadcas | 40 | $248,810 | |
Ellen M Ferris Assoc. Comm.-Governance | 40 | $246,635 | |
Bernadette M Cafarelli Assoc. Comm- Comm. & Extl | 40 | $224,579 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
W Media Group Llc Media Consulting Services | 6/29/16 | $218,188 |
Covington & Burling Llp Legal Services | 6/29/16 | $218,128 |
Wasserman Media Group Llc Media Consulting Services | 6/29/16 | $116,291 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $668,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,382 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $766,282 |
| Total Program Service Revenue | $93,154,497 |
| Investment income | $75,236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,996,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $88,360,914 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,005,568 |
| Compensation of current officers, directors, key employees. | $1,230,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,960,764 |
| Pension plan accruals and contributions | $229,245 |
| Other employee benefits | $699,708 |
| Payroll taxes | $219,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $183,748 |
| Fees for services: Accounting | $36,556 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $111,169 |
| Advertising and promotion | $0 |
| Office expenses | $99,840 |
| Information technology | $300,759 |
| Royalties | $0 |
| Occupancy | $434,500 |
| Travel | $23,723 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,332 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $118,482 |
| Insurance | $571,260 |
| All other expenses | $611,422 |
| Total functional expenses | $106,497,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,505,259 |
| Savings and temporary cash investments | $22,038,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,306 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $761,618 |
| Net Land, buildings, and equipment | $732,996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,567,386 |
| Total assets | $32,647,115 |
| Accounts payable and accrued expenses | $599,478 |
| Grants payable | $0 |
| Deferred revenue | $813,471 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $420,136 |
| Total liabilities | $1,833,085 |
| Net assets without donor restrictions | $30,814,030 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,647,115 |
Grants Awarded
Over the last fiscal year, American Athletic Conference has awarded $88,360,914 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CINCINNATI PURPOSE: FUNDING FOR ATHLETIC PROGRAM | $9,437,760 |
UNIVERSITY OF HOUSTON PURPOSE: FUNDING FOR ATHLETIC PROGRAM | $8,522,780 |
Tulsa, OK PURPOSE: FUNDING FOR ATHLETIC PROGRAM | $7,983,215 |
Memphis, TN PURPOSE: FUNDING FOR ATHLETIC PROGRAM | $7,972,903 |
UNIVERSITY OF CENTRAL FLORIDA PURPOSE: FUNDING FOR ATHLETIC PROGRAM | $7,964,885 |
New Orleans, LA PURPOSE: FUNDING FOR ATHLETIC PROGRAM | $7,882,298 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Athletic Conference has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Athletic Conference Irving, TX | $32,647,115 | $93,996,015 |
Osu Cowboy Dining Llc Stillwater, OK | $122,470,364 | $142,292,630 |
Club Soccer Inc Plano, TX | $324,020 | $3,947,134 |
New Mexico Activities Association Albuquerque, NM | $3,946,140 | $4,114,248 |
Sports Catalyst Inc Spring, TX | $3,372,217 | $3,408,167 |
Dallas Cup Inc Dallas, TX | $350,688 | $1,227,003 |
Southwest Youth Soccer Corporation Albuquerque, NM | $117,159 | $481,358 |
Louisiana High School Championship Rodeo Association Inc Cameron, LA | $20,460 | $420,829 |
Taos Sports Associates Incorporated Taos, NM | $430,750 | $470,030 |
Zina Garrison All Court Tennis Academy Houston, TX | $28,854 | $345,571 |
Amarillo Hockey Association Inc Amarillo, TX | $191,041 | $337,113 |
American Southwest Conference Richardson, TX | $213,159 | $308,408 |