The Big 12 Conference Inc
94% goes to programs $0 to raise $100 Thin reserves Growing revenue
The Big 12 Conference Inc is a 501(c)(3) organization based in Irving, Texas, registered in 1996, with $493,822,339 in FY2023 revenue. CharityIndex grades it B, and it directs about 94% of spending to programs.
5215 N O Connor Blvd Suite 1650, Irving, TX, 75039 EIN 75-2604555 Since 1996
Revenue (FY2023)
$493.8M
▼ 3.3% vs prior year
Education median: $200K
Expenses (FY2023)
$530.7M
Net assets
$13.5M
Employees
51
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Big 12 Conference Inc: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Big 12 Conference Inc: 0 mo reserves · -7% margin earns a C on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Big 12 Conference Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Big 12 Conference Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The mission of the conference is to: advance standards of scholarship, sportsmanship and equity with the highest ideals of conference membership; support the development of national-championship caliber intercollegiate atheltic programs; organize, promote and administer intercollegiate athletics among its member institutions; optimize revenues and provide supporting services compatible with both academic and competitive excellence; and encourage collaboration in areas beyond athletics that builds good-will between institutions and promotes the overall missions of the universities
What they do
Championships - the conference declares conference champions in twenty three sports and oversees twenty two season ending championships/tournaments. officiating - the conference provides neutral third-party officials for conference sponsored sports (baseball, men's basketball, women's basketball, football, volleyball, women's soccer, softball, wrestling, men's tennis, women's tennis, and equistrian); oversees management of the officiating program (e.g. assigning officials, finance administration, etc); and administers annual clinics, rule reviews, and other programs designed to enhance the skills of participating officials.
Contact & location
- Address
- 5215 N O Connor Blvd Suite 1650, Irving, TX, 75039
- City
- Irving
- State
- Texas
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $227.7M (FY2013) to $493.8M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $60.1MNet assets $13.5M
Operating margin
-7.5%
Spent more than it raised in the latest fiscal year.
Total assets
$73.6M
Total liabilities
$60.1M
Net assets
$13.5M
Salaries & benefits
$14.2M
3% of expenses
Board members
14
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $493,822,339▼3.3% | $530,717,573▲7.1% | $13,515,135▼73.2% | $73,569,096▼13.1% | 990 |
| 2022 | $510,705,010▲6.3% | $495,451,364▲7.5% | $50,410,368▲43.4% | $84,615,443▲16.3% | 990 |
| 2021 | $480,595,030▲34.9% | $460,822,016▲23.8% | $35,156,722▲129% | $72,738,029▲7.5% | 990 |
| 2020 | $356,214,140▼13.0% | $372,198,480▼9.2% | $15,383,698▼51.0% | $67,674,479▼24.8% | 990 |
| 2019 | $409,229,422▼6.8% | $409,690,232▼5.2% | $31,368,038▼1.4% | $89,973,297▼9.9% | 990 |
| 2018 | $439,030,107▲17.4% | $431,979,147▲15.5% | $31,828,848▲28.5% | $99,821,168▼8.2% | 990 |
| 2017 | $373,924,498▲0.8% | $374,123,658▼0.4% | $24,777,888▼0.8% | $108,691,862▲7.6% | 990 |
| 2016 | $370,940,249▲38.5% | $375,738,049▲45.6% | $24,977,048▼25.8% | $101,055,749▼3.5% | 990 |
| 2014 | $267,755,283▲17.6% | $257,986,805▲14.2% | $33,644,895▲40.9% | $104,728,021▲27.7% | 990 |
| 2013 | $227,714,636 | $225,869,153▲5.2% | $23,876,417▲8.4% | $81,992,346▲25.9% | 990 |
| 2012 | — | $214,687,165▲42.6% | $22,030,934▲12.3% | $65,141,652▼0.3% | 990 |
| 2011 | — | $150,499,706▼4.3% | $19,613,765▲85.0% | $65,311,349▲461% | 990 |
| 2010 | — | $157,236,358▲6.2% | $10,602,973▲29.6% | $11,638,715▲15.4% | 990 |
| 2009 | — | $148,013,757 | $8,178,462 | $10,087,069 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Brett Yormark — $3,884,842 (0.73% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brett Yormark | Commissioner | 40 | $3,884,842 |
| Tim Weiser | Deputy Commissioner | 40 | $553,448 |
| Tyler Kirkham | Chief Marketing Officer | 40 | $515,573 |
| Catrina Gibson | Chief Financial Officer | 40 | $296,562 |
| Scott Draper | Vice President - Football | 40 | $294,937 |
| Jessica Presnall | Chief Legal Officer | 40 | $284,380 |
| Dayna Scherf | Vice President - Women's B | 40 | $280,688 |
| Alexander Cartwright | President/director | 1 | — |
| Doug Girod | Chancellor/director | 1 | — |
| Gordon Gee | President/director | 1 | — |
| Jay Hartzell | President/director | 1 | — |
| Joseph Harroz | President/director | 1 | — |
| Kayse Shrum | President/director | 1 | — |
| Lawrence Schovanec | President/director | 1 | — |
| Linda Livingstone | President/director | 1 | — |
| Neville Pinto | President/director | 1 | — |
| Renu Khator | President/director | 1 | — |
| Richard Linton | President/director | 1 | — |
| Shane Reese | President/director | 0 | — |
| Victor Boschini Jr | Chancellor/director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Translation LLC | Agency | $3,220,740 |
| Polsinelli PC | Legal Services | $2,299,385 |
| Sidley Austin LLP | Legal Services | $1,765,357 |
| Endeavor Parent LLC | Agency | $1,580,830 |
| Proskauer Rose LLP | Legal Services | $1,438,144 |
Grants received · $288.7M total
13 grants to The Big 12 Conference Inc totaling $288.7M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Dallas Foundation | General support | 2024 | $35,000 |
| National Collegiate Athletic Association | Grants/scholarships | 2023 | $38,393,021 |
| National Collegiate Athletic Association | Grants/scholarships | 2022 | $35,591,618 |
| The Dallas Foundation | General support | 2022 | $17,500 |
| National Collegiate Athletic Association | Scholarships/grants | 2021 | $34,471,896 |
| National Collegiate Athletic Association | Scholarships/grants | 2020 | $31,318,153 |
| The Dallas Foundation | General support | 2020 | $45,000 |
| National Collegiate Athletic Association | Scholarships/grants | 2019 | $14,755,604 |
| National Collegiate Athletic Association | Scholarships/grants | 2018 | $29,713,018 |
| National Collegiate Athletic Association | Scholarships/grants | 2017 | $28,318,584 |
| National Collegiate Athletic Association | Scholarships/grants | 2016 | $24,919,720 |
| National Collegiate Athletic Association | Scholarships/grants | 2015 | $24,255,532 |
| National Collegiate Athletic Association | Scholarships/grants | 2014 | $26,827,377 |
Grants made · $476.0M in FY2023
14 grants totaling $476.0M in FY2023. All grants made by The Big 12 Conference Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Texas | Annual distribution | $42,053,219 |
| Unversity of Oklahoma | Annual distribution | $40,722,249 |
| Kansas Athletics Inc | Annual distribution | $40,034,613 |
| Oklahoma State University | Annual distribution | $39,787,284 |
| Kansas State University | Annual distribution | $39,748,469 |
| Iowa State | Annual distribution | $39,611,310 |
| Texas Tech University | Annual distribution | $38,731,177 |
| State of West Virginia | Annual distribution | $38,715,984 |
| Baylor University | Annual distribution | $37,890,641 |
| Texas Christian University | Annual distribution | $37,775,562 |
| University of Central Florida | Annual distribution | $20,802,010 |
| Brigham Young University | Annual distribution | $20,668,782 |
| University of Cincinnati | Annual distribution | $19,884,248 |
| University of Houston | Annual distribution | $19,571,551 |
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Frequently asked questions
- Is The Big 12 Conference Inc a legitimate nonprofit?
- Yes. The Big 12 Conference Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2604555, based in Irving, Texas. Donations are tax-deductible.
- What is The Big 12 Conference Inc's EIN?
- The Big 12 Conference Inc's Employer Identification Number (EIN) is 75-2604555.
- How much revenue does The Big 12 Conference Inc report?
- The Big 12 Conference Inc reported $493,822,339 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Big 12 Conference Inc's spending goes to programs?
- The Big 12 Conference Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Big 12 Conference Inc have?
- CharityIndex grades The Big 12 Conference Inc B, based on program efficiency and fundraising cost.
- How much does The Big 12 Conference Inc's highest-paid employee make?
- The highest reported compensation on The Big 12 Conference Inc's latest Form 990 is $3,884,842, paid to Brett Yormark (Commissioner).
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Data for The Big 12 Conference Inc (EIN 75-2604555) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.