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Posts from the ‘Sports’ Category

24
Jul

Executive Compensation at the YMCA (2022)

The YMCA (Young Men’s Christian Association) is a worldwide (120 countries) organization based in Geneva, Switzerland (World Alliance of the YMCA). Within the United States, there are approximately 2,700 YMCA’s serving 10,000 communities that rely on the YMCA of the USA (that is also known as the National Council of YMCA’s of the USA) that in turn relies on The World Alliance of the YMCA).  In the most simplistic terms, the YMCA is organized as follows:

World Alliance of the YMCA

125 National Associations (including The YMCA of the USA/National Council of YMCA’s of the USA)

Alliances (typically geographic) and Local Chapters (including 2,650 YMCA’s in the USA) Read more »

22
Jul

How the YMCA Spends Revenue (2022)

If you gave $100 to the YMCA in 2022, how was that $100 spent? The answer depends on whether the donation was made to one of the local chapters (there are about 2,650 in the US) or to the YMCA of the USA (which is legally known as the National Council of YMCA’s of the USA – and is the parent organization in the US – that seeks to strengthen local YMCA”s through grants and program support) or the World Alliance of the YMCA (the parent organization of the 120 countries in the world that have YMCA’s), based in Geneva, Switzerland.  For the purposes of this post, let’s assume the donation was made to the YMCA of the USA (because each of those local chapters is a separate 501 (c) 3 that files its own IRS Form 990 so the question could have 2,650 different answers).

The short answer is that $43 out of every $100 was spent on staff and organization expenses while $65 out of every $100 was spent on grants and fees for services that primarily supported program services (note: the organization spent more than they received in 2022).

Read more »

25
May

Executive Compensation at PGA Tour, Inc (2022)

The PGA Tour, Inc. is a tax-exempt, non-profit 501 (c) 6 – a membership organization for touring professional golfers – up to a maximum of 156 who participate in 47 events (44 regular events and 3 playoff events). The exact number of members is difficult to determine since there are various exemptions and player status (the top 125 ranked players have their card renewed annually but players ranked between 126-150 can retain their card and play when other golfers are not playing, and winning certain tournaments also guarantees a tour card). Read more »

7
Apr

Executive Compensation at the NCAA (2022)

The National Collegiate Athletic Association (NCAA) is a non-profit, tax-exempt 501 (c) (3) organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.

There are 9 independent board members of the governing party, although 27 are listed on the Form 990 (2021 for the year ending August 31, 2022)- due to timing differences;   16 of the 27 (59%) board members are male while 11 of the 27 (41%) are female. Read more »

5
Apr

How Revenue is Spent at the NCAA (2022)

The National Collegiate Athletic Association (NCAA) is the most well known non-profit, tax-exempt organization focused on college sports in the US. With 1,100 member colleges and universities  in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.

The NCAA raises about $1 billion annually (except in 2020 when revenue dropped to about $500 million due to COVID) and it may surprise you to learn the number one source of revenue for this 501 (c) (3) is television rights fees (about 80% of revenue).   Read more »

30
Jan

Executive Compensation at the National Basketball Players Association (2022)

The National Basketball Players Association (NBPA) is a tax-exempt, non-profit 501 (c) 5 – a trade union representing the 450 basketball players (30 teams with 15 players) in the NBA. So, this association serves a very small populatlon.

In 2022, the NBPA reported total revenue of $38 million (compared to $34 million in 2021 and $26 million in 2020), most of which came from royalties ($23 million), sponsorship ($6 million), membership dues ($3 million), and agent revenue ($2 million). It is unclear how much each NBA player pays in membership due because the NBPA also has dues for agents which ranges from $2,500 – $7,500 annually, depending on how many players the agent represents.   Read more »

28
Jan

Executive Compensation at the National Basketball Players Association (2021)

The National Basketball Players Association (NBPA) is a tax-exempt, non-profit 501 (c) 5 – a trade union representing the 450 basketball players (30 teams with 15 players) in the NBA. So, this association serves a very small populatlon.

In 2021, the NBPA reported total revenue of $34 million (compared to $26 million in 2020, $68 million in 2019 and $45 million in 2018), most of which came from royalties ($21 million), membership dues $4 million), and investment income/gains ($3 million). It is unclear how much each NBA player pays in membership due because the NBPA also has dues for agents which ranges from $2,500 – $7,500 annually, depending on how many players the agent represents.  The decline in revenue in 2020-2021 appears to be due to the covid pandemic. Read more »

27
Aug

Executive Compensation at the NCAA (2021)

The National Collegiate Athletic Association (NCAA) is a non-profit, tax-exempt 501 (c) (3) organization focused on college sports in the US. With 1,100 member colleges and universities in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.

There are 20 independent board members of the governing party, although 25 are listed on the Form 990 (2020 for the year ending August 31, 2021);   16 of the 25 (64%) board members are male while 9 of the 25 (36%) are female. Read more »

25
Aug

How the NCAA Spends Revenue (2021)

The National Collegiate Athletic Association (NCAA) is the most well known non-profit, tax-exempt organization focused on college sports in the US. With 1,100 member colleges and universities  in 102 athletic conferences across the country that participate in 90 championships in 24 sports in 3 divisions, the NCAA is a powerful and well financed organization.

The NCAA raises about $1 billion annually (except in 2020 when revenue dropped to about $500 million due to COVID) and it may surprise you to learn the number one source of revenue for this 501 (c) (3) is television rights fees (about 80% of revenue).   Read more »

11
Jun

Executive Compensation at the PGA Tour (2021)

The PGA Tour, Inc. is a tax-exempt, non-profit 501 (c) 6 – a membership organization for touring professional golfers – up to a maximum of 156 who participate in 47 events (44 regular events and 3 playoff events). The exact number of members is difficult to determine since there are various exemptions and player status (the top 125 ranked players have their card renewed annually but players ranked between 126-150 can retain their card and play when other golfers are not playing, and winning certain tournaments also guarantees a tour card). Read more »