Civic Intelligence

The Big Ten Conference Inc

EIN 36-3640583 • 501(c)3 • Rosemont, IL

Profile

The Big Ten Conference is an association of world-class universities whose member institutions share a common mission of research, graduate, professional and undergraduate teaching and public service. Founded in 1896, the Big Ten has sustained a comprehensive set of shared practices and policies that enforce the priority of academics in student-athletes' lives and emphasize the values of integrity, fairness and competitiveness.

5440 Park PlaceRosemont, IL 60018

www.bigten.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.27x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

11th percentile

0.09x

Higher debt load relative to revenue than 11% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

28th percentile

-1.5%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

98th percentile

$6,839,358

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

10th percentile

-6.7%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

41st percentile

4.8%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Down

$292,276,335

Down $60,603,760 (-17%) from 2023

Liabilities

Down

$79,067,098

Down $26,894,531 (-25%) from 2023

Net Assets

Down

$213,209,237

Down $33,709,229 (-14%) from 2023

Revenue

Up

$928,147,866

Up $48,284,734 (+5.5%) from 2023

Expenses

Up

$942,180,253

Up $44,753,865 (+5.0%) from 2023

Net Income

Up

-$14,032,387

Up $3,530,869 (+20%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400M$300M$200M$100M$0Assets 2010: $14,148,727Liabilities 2010: $9,503,572Net Assets 2010: $4,645,1552010Assets 2011: $33,775,463Liabilities 2011: $28,545,916Net Assets 2011: $5,229,5472011Assets 2012: $47,975,154Liabilities 2012: $27,902,197Net Assets 2012: $20,072,9572012Assets 2013: $82,097,276Liabilities 2013: $44,350,089Net Assets 2013: $37,747,1872013Assets 2014: $90,327,303Liabilities 2014: $38,197,942Net Assets 2014: $52,129,3612014Assets 2015: $98,797,958Liabilities 2015: $35,125,028Net Assets 2015: $63,672,9302015Assets 2016: $125,351,265Liabilities 2016: $63,920,296Net Assets 2016: $61,430,9692016Assets 2017: $165,986,791Liabilities 2017: $83,054,877Net Assets 2017: $82,931,9142017Assets 2018: $202,752,959Liabilities 2018: $77,739,646Net Assets 2018: $125,013,3132018Assets 2019: $261,119,436Liabilities 2019: $104,329,103Net Assets 2019: $156,790,3332019Assets 2020: $328,709,453Liabilities 2020: $132,474,952Net Assets 2020: $196,234,5012020Assets 2021: $378,941,858Liabilities 2021: $112,503,977Net Assets 2021: $266,437,8812021Assets 2022: $336,066,093Liabilities 2022: $80,751,943Net Assets 2022: $255,314,1502022Assets 2023: $352,880,095Liabilities 2023: $105,961,629Net Assets 2023: $246,918,4662023Assets 2024: $292,276,335Liabilities 2024: $79,067,098Net Assets 2024: $213,209,2372024

Highlighted filing

2024

Assets$292,276,335
Liabilities$79,067,098
Net Assets$213,209,237

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0B$500M$0-$500MExpenses 2010: $236,899,5182010Expenses 2011: $265,247,0142011Expenses 2012: $300,479,1712012Expenses 2013: $312,390,0822013Revenue 2014: $338,919,854Expenses 2014: $336,829,160Net Income 2014: $2,090,6942014Revenue 2015: $448,760,655Expenses 2015: $436,043,240Net Income 2015: $12,717,4152015Revenue 2016: $483,445,609Expenses 2016: $494,231,493Net Income 2016: -$10,785,8842016Revenue 2017: $512,878,069Expenses 2017: $498,838,339Net Income 2017: $14,039,7302017Revenue 2018: $758,899,883Expenses 2018: $716,983,587Net Income 2018: $41,916,2962018Revenue 2019: $781,543,785Expenses 2019: $747,106,127Net Income 2019: $34,437,6582019Revenue 2020: $768,930,854Expenses 2020: $727,411,263Net Income 2020: $41,519,5912020Revenue 2021: $679,838,570Expenses 2021: $706,451,321Net Income 2021: -$26,612,7512021Revenue 2022: $845,640,731Expenses 2022: $851,246,629Net Income 2022: -$5,605,8982022Revenue 2023: $879,863,132Expenses 2023: $897,426,388Net Income 2023: -$17,563,2562023Revenue 2024: $928,147,866Expenses 2024: $942,180,253Net Income 2024: -$14,032,3872024

Highlighted filing

2024

Revenue$928,147,866
Expenses$942,180,253
Net Income-$14,032,387

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$292$79.1$213$928$942$14.0
2023Detailed filing. Detailed filing data is available for this year.$353$106$247$880$897$17.6
2022Detailed filing. Detailed filing data is available for this year.$336$80.8$255$846$851$5.61
2021Detailed filing. Detailed filing data is available for this year.$379$113$266$680$706$26.6
2020Detailed filing. Detailed filing data is available for this year.$329$132$196$769$727$41.5
2019Detailed filing. Detailed filing data is available for this year.$261$104$157$782$747$34.4
2018Detailed filing. Detailed filing data is available for this year.$203$77.7$125$759$717$41.9
2017Detailed filing. Detailed filing data is available for this year.$166$83.1$82.9$513$499$14.0
2016Detailed filing. Detailed filing data is available for this year.$125$63.9$61.4$483$494$10.8
2015Detailed filing. Detailed filing data is available for this year.$98.8$35.1$63.7$449$436$12.7
2014Detailed filing. Detailed filing data is available for this year.$90.3$38.2$52.1$339$337$2.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.1$44.4$37.7$312
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.0$27.9$20.1$300
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.8$28.5$5.23$265
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$9.50$4.65$237
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$934,063,270
Mission and Program Overview

Mission

The Big Ten Conference is an association of world-class universities whose member institutions share a common mission of research, graduate, professional and undergraduate teaching and public service. Founded in 1896, the Big Ten has sustained a comprehensive set of shared practices and policies that enforce the priority of academics in student-athletes' lives and emphasize the values of integrity, fairness and competitiveness.

Shared practices and policies that enforce the priority of academics in student-athletes' lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$142,323,961$121,968,085▼ $20,355,876
Other Notes and Loans Receivable, Net$85,698,950$58,799,299▼ $26,899,651
Savings and Temporary Cash Investments$53,201,173$39,383,715▼ $13,817,458
Land, Buildings, and Equipment, Net$22,945,665$29,451,465▲ $6,505,800
Investments in Publicly Traded Securities$17,697,993$16,947,017▼ $750,976
Cash and Non-Interest-Bearing Accounts$21,661,516$10,796,600▼ $10,864,916
Accounts Receivable$1,152,019$7,639,913▲ $6,487,894
Investments Program Related$3,415,627$4,419,632▲ $1,004,005
Prepaid Expenses and Deferred Charges$293,041$448,262▲ $155,221
Total Assets$352,880,095$292,276,335▼ $60,603,760
Other Assets Total$4,490,150$2,422,347▼ $2,067,803
Liabilities
Other Liabilities$73,564,292$49,583,294▼ $23,980,998
Mortgage Notes Payable Secured by Investment Property$23,000,000$17,000,000▼ $6,000,000
Accounts Payable and Accrued Expenses$9,023,667$12,123,381▲ $3,099,714
Deferred Revenue$373,670$360,423▼ $13,247
Total Liabilities$105,961,629$79,067,098▼ $26,894,531
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$231,232,727$196,262,219▼ $34,970,508
Net Assets With Donor Restrictions$15,685,739$16,947,018▲ $1,261,279
Total Net Assets Fund Balance$246,918,466$213,209,237▼ $33,709,229
Total Liabilities and Net Assets / Fund Balance$352,880,095$292,276,335▼ $60,603,760

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,605,018$4,316,429$22,921,447
Equipment$3,374,603$6,075,740$9,450,343
Other Land Buildings$5,822,973-$5,822,973
Land$1,500,475-$1,500,475
Leasehold Improvements$148,396$316,985$465,381
Other Securities$1,734,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin Warren End 41423Former Commissioner-$1,077,920$5,761,438$6,839,358
James E DelanyFormer Commissioner-$3,031,283$5,852,097$5,852,097
Tony Petitti Start 51523CommissionerFT$2,122,184$520,053$2,642,237
Anil GollahalliGeneral CounselFT$517,727$53,947$571,674
Kerry KennyChief Operating OfficerFT$468,345$58,318$526,663
Nathaniel Schnader End 63024Chief Information OfficerFT$388,027$82,205$470,232
Laura AndersonCFO/treasurerFT$397,865$68,909$466,774
Diana Sabau End 8123Deputy Commissioner, Chief Sports OfficerFT$364,848$50,443$415,291
Diana Sabau End 8123Deputy Commissioner, Chief Sports of-$364,664$50,627$415,291
Chad HawleySecretaryFT$300,500$67,947$368,447
Omar BrownSVP, Community & ImpactFT$257,814$73,284$331,098

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Mayer Brown LLPLegal Services2027 COLLECTION CENTER, Chicago, IL 60693$3,794,103
DvsportOfficiating Technology1 PENN CENTER WEST SUITE 200, Pittsburgh, PA 15276$1,327,124
Sidley Austin LLPLegal Services1 S DEARBORN ST, Chicago, IL 60603$1,321,936
Cornerstone Research INCLegal ServicesPO BOX 745900, Los Angeles, CA 90074$1,152,799
Revel Xp LLCEvent Enhancement Services2111 MARVYN PARKWAY, Opelika, AL 36804$1,028,548
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$868,714,408
Investment Income
$58,046,285
Other Revenue
$1,387,173
Change in Net Assets
$-14,032,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$883,001,567
Other Expenses$40,625,543
Salaries, Compensation, and Employee Benefits$18,553,143
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$882,791,567--$882,791,567
Other Salaries and Wages$7,995,842$1,090,342-$9,086,184
Fees for Services Legal-$7,019,662-$7,019,662
Current Officers, Directors, Trustees, and Key Employees$4,854,968$316,531-$5,171,499
All Other Expenses$3,225,156$392,257-$3,617,413
Fees for Services Other$3,589,064--$3,589,064
Depreciation Depletion$1,722,978$333,593-$2,056,571
Other Employee Benefits$1,648,252$224,762-$1,873,014
Travel$1,442,218$196,666-$1,638,884
Payroll Taxes$1,413,765$192,786-$1,606,551
Conferences and Meetings$1,321,391--$1,321,391
Advertising$1,254,416--$1,254,416
Occupancy$578,235$578,235-$1,156,470
Other Expenses$1,041,137--$1,041,137
Insurance$490,910$490,910-$981,820
Information Technology$469,744$469,744-$939,488
Pension Plan Contributions$717,988$97,907-$815,895
Interest-$812,388-$812,388
Fees for Services Lobbying$749,670--$749,670
Fees for Services Accounting-$275,464-$275,464
Office Expenses$122,545$122,545-$245,090
Grants to Domestic Individuals$210,000--$210,000
Total Functional Expenses$929,566,461$12,613,792$0$942,180,253
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Purdue UniversityWest Lafayette, INState of IndianaTo Support the Missions of Member Institutions$63,619,632
University of IllinoisChampaign, ILState of IllinoisTo Support the Missions of Member Institutions$63,419,631
Michigan State UniversityEast Lansing, MIState of MichiganTo Support the Missions of Member Institutions$63,319,632
Northwestern UniversityEvanston, IL501(c)(3)To Support the Missions of Member Institutions$63,319,632
University of Nebraska-lincolnLincoln, NEState of NebraskaTo Support the Missions of Member Institutions$63,319,632
University of WisconsinMadison, WIState of WisconsinTo Support the Missions of Member Institutions$63,319,632
Ohio State UniversityColumbus, OHState of OhioTo Support the Missions of Member Institutions$63,244,632
Pennsylvania State UniversityUniversity Park, PAState of Penn.To Support the Missions of Member Institutions$63,244,632
University of MinnesotaMinneapolis, MNState of MinnesotaTo Support the Missions of Member Institutions$63,244,632
Indiana UniversityBloomington, INState of IndianaTo Support the Missions of Member Institutions$63,244,631
University of IowaIowa City, IAState of IowaTo Support the Missions of Member Institutions$63,244,631
University of MichiganAnn Arbor, MIState of MichiganTo Support the Missions of Member Institutions$63,244,631
Rutgers the State Univ of New JerseyNew Brunswick, NJState of New JerseyTo Support the Missions of Member Institutions$61,502,994
University of Maryland-college ParkCollege Park, MDState of MarylandTo Support the Missions of Member Institutions$61,502,993
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VConsultingNo$400,747
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
New Member Deposits$30,000,000
Compensation$8,967,600
Due to Member Schools$4,419,632
Accrued Excise Tax Payable$3,370,219
Post Retirement Benefits$1,996,181
Lease Liabilities$774,276
Intercompany Payable$29,212
Payroll Tax Withholding$26,174
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The big ten conference, inc. Is made up of 14 member institutions who receive distributions from the organization.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by the conference's external tax advisor with data provided by the organization. A draft of the form 990 is provided to management for review and comment. The reviewed form 990 is then presented to the audit committee for review. The form 990 is then provided to the organization's governing body before it is filed.

Form 990, Part VI, Section B, Line 12C

Each employee is provided a copy of the conflict of interest policy and must complete, sign and date a disclosure statement at the beginning of his or her term of service or employment, and the beginning of each fiscal year thereafter. The program and budget review committee reviews and monitors the conflict of interest policy on an annual basis.

Form 990, Part VI, Section B, Line 15A

A thorough compensation study is performed every few years for the commissioner's position by an independent third party. The last compensation study was performed in 2023. The results were presented to the board of directors who have the authority to approve any compensation changes.

Form 990, Part VI, Section C, Line 19

The conference makes its form 990 available to the public upon request for the same period of disclosure as set forth in irc section 6104(d). The conference does not make its financial statements or conflict of interest policy available to the public. The governing documents are on file with the state of delaware.

Filing and Contact Details

Filer

Filer Name
The Big Ten Conference Inc
EIN
36-3640583
Phone
8476961010
Address
5440 PARK PLACE, ROSEMONT, IL 60018

Signing Officer

Name
Anthony Petitti
Title
Commissioner
Phone
8476961010
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Petitti
Formed
1987
Legal Domicile
De
Voting Board Members
14
Independent Board Members
0
Employees
83
Volunteers
0

Preparer

Firm
Sikich LLC
Address
1415 W DIEHL RD SUITE 400, NAPERVILLE, IL 60563-2349
Preparer
Jill M Boyle CPA
Phone
6305668400
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The big ten conference is an association of world-class universities whose member institutions share a common mission of research, graduate, professional and undergraduate teaching and public service. Founded in 1896, the big ten has sustained a comprehensive set of shared practices and policies that enforce the priority of academics in student-athletes' lives and emphasize the values of integrity, fairness and competitiveness.

FORM 990, PART XI, LINE 9:

Big ten network holdings, llc dividend -49,000,000. Income from equity investments 28,644,126. Net periodic benefit cost -22,878. Post-retirement benefit changes other than net periodic benefit cost 141,340.

Financial Statement Notes

PART X, LINE 2:

The conference is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable state law, except for taxes pertaining to unrelated business income. The conference is annually required to file a return of organization exempt from income tax (form 990) with the internal revenue service. Tax benefits from an uncertain tax position are recognized only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the conference and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities during the periods covered by these financial statements.

Raw XML AppendixShowing 400 of 1,664 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE CONFERENCE COLLECTS REVENUE ON BEHALF OF THE MEMBER SCHOOLS FROM FOOTBALL AND BASKETBALL TELEVISION CONTRACTS, BOWL GAMES, FOOTBALL CHAMPIONSHIP GAME, AND BASKETBALL TOURNAMENTS, AS WELL AS GRANTS FROM THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA), AND REMITS THE REVENUE TO THE MEMBER SCHOOLS' ATHLETIC DEPARTMENT.
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