2021-05-17T10:48:15-05:00 2020-06-30 420714325 RSM US LLP 30 South Wacker Dr Ste 3300 Chicago IL 60606 990 2019-07-01 363640583 The Big Ten Conference Inc BIGT 8476961010 5440 Park Place Rosemont IL 60018 Julie Suderman Chief Financial Officer 8476961010 2021-05-13 1 Rebekuh Eley P01247672 3126343400 2021-05-13 2019 2022-09-23 18:48:47Z Kevin F Warren 5440 Park Place Rosemont IL 60018 768930854 0 X www.BigTen.org X 1987 DE The Big Ten Conference ("Big Ten or "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. 14 0 64 0 0 0 0 0 733166223 719403997 47641586 48675521 735976 851336 781543785 768930854 706469651 689485245 0 0 15578342 13358024 0 0 0 25058134 24567994 747106127 727411263 34437658 41519591 261119436 328709453 104329103 132474952 156790333 196234501 X 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. 0 0 689485245 689485245 716504737 The 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. 3127237 0 0 Officiating - The Conference provides neutral third-party officials for several conference-sponsored sports (baseball, basketball, field hockey, football, volleyball, men's soccer, women's soccer, women's lacrosse, softball, wrestling and ice hockey); 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. 2274567 0 0 Programming Initiatives - The Conference partners with broadcast partner, Big Ten Network, to provide additional linear events broadcast on BTN to expand coverage across all Conference sports. Additionally, in partnership with BTN, the Conference creates programming highlighting non-athletic achievement at each of its 14 member institutions. 2012886 0 840657 Championships - The Conference declares conference champions in twenty-eight sports and oversees twenty-seven season-ending championships/tournaments. 742852 0 130130 Media Events 357842 0 0 Championship Enhancement 271530 0 0 Drug Testing Program 242890 0 0 Research Projects 46148 0 1928473 Sponsorship Program 26404 0 0 Community Outreach 12500 0 0 Student Athlete Initiatives 3713052 0 2899260 698600101 1 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 243 0 1 64 1 0 0 0 0 0 0 0 0 0 0 1 0 X 14 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 IL X Julie Suderman 8476961010 5440 Park Place Rosemont IL 60018 James E Delany Commissioner (Until 6/30/20) 40.00 0.00 X 5556852 0 2971807 Morton O Schapiro Chair 4.00 40.00 X 0 1710877 646802 Michael A McRobbie Director 2.00 40.00 X 0 941849 577519 Michael V Drake Director 2.00 40.00 X 0 1383094 132614 Kevin Warren Commissioner (Start date 9/16/19) 5.00 40.00 X 1016785 0 166220 Mark S Schlissel Director 2.00 40.00 X 0 868303 299992 Eric Barron Director 2.00 45.00 X 0 1097239 41851 Robert L Barchi Director (Until 6/30/20) 2.00 40.00 X 0 927734 113530 Mitchell E Daniels Director 2.00 40.00 X 0 892420 97992 Eric W Kaler Former Director 0.00 0.00 X 0 650228 313396 Lou Anna K Simon Former Director 0.00 0.00 X 0 816667 0 Robert J Jones Director 2.00 40.00 X 0 708911 24063 Wallace D Loh Director (Until 6/30/20) 2.00 40.00 X 0 694242 36362 Rebecca M Blank Director 2.00 40.00 X 0 571202 98340 Bruce Harreld Director 2.00 40.00 X 0 597992 53504 Satish Upda Director (Until 8/1/19) 2.00 40.00 X 0 482209 163756 Bradford S Traviolia COO (Until 4/30/20) 40.00 0.00 X 509018 0 66058 Ronnie D Green Director 2.00 40.00 X 0 473669 44807 Samuel Stanley Director 2.00 40.00 X 0 393092 44108 Diane Dietz Deputy Commissioner 40.00 0.00 X 380306 0 48982 Joan TA Gabel Director 2.00 40.00 X 0 320672 49598 Rick Boyages Assoc. Commissioner,Men's Basketball 40.00 0.00 X 222835 0 60834 Mark Rudner Assoc. Commissioner, TV Admin. 40.00 0.00 X 223177 0 50850 Wendy Fallen Assoc. Commissioner, Sports Admin. 40.00 0.00 X 206434 0 60495 Chad Hawley Secretary 40.00 0.00 X 211601 0 46334 Julie Suderman Treasurer 40.00 0.00 X 191028 0 55498 Michael McComiskey Assoc. Commissioner, Technology 40.00 0.00 X 178747 0 43819 John Engler Former Director 0.00 0.00 X 0 23324 0 8696783 13553724 6309131 18 1 1 0 Teamworks Media 1 E Wacker Drive Suite 1620 Chicago IL 60601 Advertising & Media Production 1290000 Mayer Brown LLP 2027 Collection Center Chicago IL 60693 Legal Services 882746 Weber Shandwick 875 N Michigan Avenue Suite 2400 Chicago IL 60611 Public Relations Services 813712 SPMA Co 1126 Cottage Crest PO Box 295 Linville NC 28646 Legal Services 810800 DVSport 1 Penn Center West Suite 200 Pittsburgh PA 15276 Video & Replay Technology 677000 41 Sports Revenue 900099 677831879 677831879 Operating Revenue 900099 37482858 37482858 Sponsorship & Media Ev 900099 2058603 2058603 University Assessments 900099 1190000 1190000 Championship Events 900099 840657 840657 719403997 48674421 48674421 851336 851336 1100 0 1100 1100 1100 768930854 719403997 0 49526857 689485245 689485245 5852334 5852334 4583989 4583989 1164326 1164326 973794 973794 783581 783581 1966246 1966246 132064 132064 116059 116059 2216687 2216687 2281085 2281085 340690 340690 618481 618481 1143708 1143708 736544 736544 209565 209565 1072473 1072473 1232180 1232180 331592 331592 Officiating 3127237 3127237 Programming Initiatives 2274567 2274567 Championship Events 2012886 2012886 Conference Office Progr 1329824 1329824 3426106 370342 3055764 727411263 698600101 28811162 0 45378933 61365844 1143294 1158061 455640 5211998 127128903 173397903 1443131 353112 26012340 10303558 16299790 15708782 19986649 25767498 45491532 42877464 2471064 2328953 1320500 539838 261119436 328709453 3560253 3862475 401038 97384 27000000 38000000 73367812 90515093 104329103 132474952 X 147124093 181138617 9666240 15095884 156790333 196234501 261119436 328709453 X 41519591 534895 -2610318 X 0 1 X 1 0 X X 14 University of Illinois 376000511 6 1 54285219 0 Indiana University 356001673 6 1 54288781 0 University of Iowa 426004813 6 1 54277781 0 University of Maryland-College Park 526002033 6 1 27617327 0 University of Michigan 386006309 6 1 54303781 0 Michigan State University 386005984 6 1 54280781 0 University of Minnesota 416007513 6 1 54303781 0 University of Nebraska-Lincoln 470049123 6 1 53286781 0 Northwestern University 362167817 2 1 54276781 0 Ohio State University 316025986 6 1 54297781 0 Pennsylvania State University 246000376 6 1 54299781 0 Purdue University 356002041 6 1 54276781 0 Rutgers The State Univ of New Jersey 226001086 6 1 11394108 0 University of Wisconsin 391805963 6 1 54295781 0 14 689485245 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 116059 116059 0 Part II-B, Line 1: The Big Ten Conference engages lobbyists to discuss student athlete initiatives with elected officials. 1500475 1500475 15363889 2496632 12867257 209370 103362 106008 5503106 4268064 1235042 3435500 3435500 0 15708782 Investment in Big Ten Network Holdings, LLC 42539464 C Investment in BTMP Holdings, LLC 338000 C 42877464 Due to Member Schools 64152904 September 11 Scholarship Fund 250000 Post Retirement Benefits 3916031 Accrued Excise Tax Payable (*See Part XIII) 4761018 Accrued Payroll Tax Payable (*See Part XIII) 594407 Accrued Benefit/Deferred Compensation (*See Part XIII) 16840733 90515093 X 88722770 534895 44139932 44674827 44047943 724882911 724882911 768930854 38278602 0 38278602 689132661 689132661 727411263 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 accounting standard on uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Conference may recognize the tax benefit from an uncertain tax position 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 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities during the periods covered by these consolidated financial statements. The Conference files Form 990 in the U.S. federal jurisdiction and in various states. Part XI, Line 2d - Other Adjustments: Income from Equity Investments 44,139,932. Part XI, Line 4b - Other Adjustments: Amounts Collected for Benefit of Member Schools 677,831,879. Big Ten Network Holdings, LLC Dividend 46,754,000. Miscellaneous Revenue Reclassed to Expenses 297,032. Part XII, Line 4b - Other Adjustments: Amounts Remitted to Member Schools 688,835,629. Miscellaneous Revenue Reclassed to Expenses 297,032. Part X, Line 1: Accrued Benefit/Deferred Compensation: In July 2015, Commissioner Delany became eligible for future bonus payments pursuant to his employment contract. Accordingly, in fiscal year 2016, the Conference accrued the future liability and continues to relieve that liability as payments are made. Accrued Payroll Tax Payable: In addition to the future liability arising from the deferred compensation, the Conference also accrued a liability for the related payroll tax from the payment of the deferred compensation. Excise Tax Payable: The Tax Cuts and Jobs Act, which was enacted on December 22, 2017, provided that certain tax exempt organizations would be subject to a 21% excise tax if they paid an employee more than $1 million in annual compensation. This tax provision was effective for our tax year beginning July 1, 2019 and ending June 30, 2020 and the organization has accrued the future excise tax liability during the current fiscal year. Due to Member Schools: At the end of the fiscal year, the Conference knew of certain amounts that would be distributed to member schools, upon receipt of cash payments. These amounts were accrued as Due to Member Schools at fiscal year end and paid shortly thereafter, upon receipt of payments from third parties. 1 University of Illinois 509 South Fourth Street Champaign IL 61820 376000511 State of Illinois 54285219 To support the missions of member institutions Indiana University 107 South Indiana Avenue Bloomington IN 47405 356001673 State of Indiana 54288781 To support the missions of member institutions University of Iowa 1 Jessup Hall Iowa City IA 52242 426004813 State of Iowa 54277781 To support the missions of member institutions University of Maryland-College Park Mitchell Building College Park MD 20742 526002033 State of Maryland 27617327 To support the missions of member institutions University of Michigan 412 Maynard Street Ann Arbor MI 48109 386006309 State of Michigan 54303781 To support the missions of member institutions Michigan State University 2216 East Michigan Avenue East Lansing MI 48824 386005984 State of Michigan 54280781 To support the missions of member institutions University of Minnesota 2221 University Avenue SE Suite 100 100 Minneapolis MN 55414 416007513 State of Minnesota 54303781 To support the missions of member institutions University of Nebraska-Lincoln Administration Building 201 Lincoln NE 68588 470049123 State of Nebraska 53286781 To support the missions of member institutions Northwestern University 633 Clark Street Evanston IL 60208 362167817 501(c)(3) 54276781 To support the missions of member institutions Ohio State University Enarson Hall 154 West 12th Avenue Columbus OH 43210 316025986 State of Ohio 54297781 To support the missions of member institutions Pennsylvania State University 201 Old Main University Park PA 16802 246000376 State of Penn. 54299781 To support the missions of member institutions Purdue University 610 Purdue Mall West LaFayette IN 47907 356002041 State of Indiana 54276781 To support the missions of member institutions Rutgers The State University of New Jersey 57 US Highway 1 New Brunswick NJ 08901 226001086 State of New Jersey 11394108 To support the missions of member institutions University of Wisconsin 333 East Campus Mall 10101 Madison WI 53715 391805963 State of Wisconsin 54295781 To support the missions of member institutions 14 0 Part I, Line 2: The Big Ten Conference acts as an intermediary and collects cash receipts on behalf of the member schools from television contracts, bowl games, football championship games, and basketball tournaments, and remits such amounts to member schools. Since it is a pass-through organization, rather than grant giving, the Big Ten Conference does not attach parameters to or require reporting on how the funds are utilized. The monies can be used at the member schools' discretion to pursue their independent missions. The Council of Presidents/Chancellors approved the allocation of $31,669 to each university toward the creation of internship opportunities earmarked to promote diversity in intercollegiate athletics. The use of these funds is at the discretion of each institution; however the funds must be used to create new internship opportunities. The goal of the program is to provide the intern exposure and experience to athletic administration that could prepare the individual for an entry-level administration position in college athletics. X X X 1 1 X X X X 1 1 0 0 0 0 0 0 0 James E Delany Commissioner (Until 6/30/20) 2505640 0 2965369 0 85843 0 2845870 0 125937 0 8528659 0 0 0 Morton O Schapiro Chair 0 1185668 0 250000 0 275209 0 369072 0 277730 0 2357679 0 125000 Michael A McRobbie Director 0 633504 0 162533 0 145812 0 507049 0 70470 0 1519368 0 60080 Michael V Drake Director 0 862317 0 506216 0 14561 0 113754 0 18860 0 1515708 0 0 Kevin Warren Commissioner (Start date 9/16/19) 1016613 0 0 0 172 0 160417 0 5803 0 1183005 0 0 0 Mark S Schlissel Director 0 868171 0 0 0 132 0 248000 0 51992 0 1168295 0 0 Eric Barron Director 0 844796 0 0 0 252443 0 26012 0 15839 0 1139090 0 0 Robert L Barchi Director (Until 6/30/20) 0 745085 0 181616 0 1033 0 0 0 113530 0 1041264 0 0 Mitchell E Daniels Director 0 409379 0 471708 0 11333 0 28000 0 69992 0 990412 0 0 Eric W Kaler Former Director 0 617191 0 0 0 33037 0 261400 0 51996 0 963624 0 0 Lou Anna K Simon Former Director 0 0 0 0 0 816667 0 0 0 0 0 816667 0 0 Robert J Jones Director 0 699639 0 0 0 9272 0 0 0 24063 0 732974 0 0 Wallace D Loh Director (Until 6/30/20) 0 694242 0 0 0 0 0 20300 0 16062 0 730604 0 0 Rebecca M Blank Director 0 571202 0 0 0 0 0 33911 0 64429 0 669542 0 0 Bruce Harreld Director 0 584792 0 0 0 13200 0 28000 0 25504 0 651496 0 0 Satish Upda Director (Until 8/1/19) 0 476039 0 0 0 6170 0 115000 0 48756 0 645965 0 0 Bradford S Traviolia COO (Until 4/30/20) 508466 0 0 0 552 0 39200 0 26858 0 575076 0 0 0 Ronnie D Green Director 0 473308 0 0 0 361 0 22378 0 22429 0 518476 0 0 Samuel Stanley Director 0 372938 0 0 0 20154 0 29833 0 14275 0 437200 0 0 Diane Dietz Deputy Commissioner 379274 0 0 0 1032 0 39200 0 9782 0 429288 0 0 0 Joan TA Gabel Director 0 302334 0 0 0 18338 0 28000 0 21598 0 370270 0 0 Rick Boyages Assoc. Commissioner,Men's Basketball 221803 0 0 0 1032 0 30441 0 30393 0 283669 0 0 0 Mark Rudner Assoc. Commissioner, TV Admin. 220687 0 0 0 2490 0 30441 0 20409 0 274027 0 0 0 Wendy Fallen Assoc. Commissioner, Sports Admin. 190257 0 0 0 16177 0 25866 0 34629 0 266929 0 0 0 Chad Hawley Secretary 211361 0 0 0 240 0 28470 0 17864 0 257935 0 0 0 Julie Suderman Treasurer 189244 0 0 0 1784 0 26425 0 29073 0 246526 0 0 0 Michael McComiskey Assoc. Commissioner, Technology 178567 0 0 0 180 0 23488 0 20331 0 222566 0 0 0 John Engler Former Director 0 23324 0 0 0 0 0 0 0 0 0 23324 0 0 Part I, Line 1a Commissioner Delany's first class travel was a necessary business expense and not treated as taxable compensation. Commissioner Delany flew via private charter at a cost totaling $75,219. This was a necessary business expense as it was required to get from various same-day Big Ten events across the country on a timely basis and is not treated as taxable compensation. Spousal travel was a necessary business expense due to the required attendance at various functions and not treated as taxable compensation. James E. Delany received the following taxable benefits: Social club dues - $12,749 James E. Delany received the following non-taxable benefits: Travel for companions - $12,762 First-class travel - $14,850 Julie Suderman received the following non-taxable benefit: Travel for companions - $2,215 Mark Rudner received the following non-taxable benefit: Travel for companions - $575 Wendy Fallen received the following non-taxable benefit: Travel for companions - $7,369 Michael McComiskey received the following non-taxable benefit: Travel for companions - $1,712 Rick Boyages received the following non-taxable benefit: Travel for companions - $3,535 Part I, Lines 4a-b James E. Delany accrued deferred compensation of $2,806,670 for a non-qualified deferred compensation plan. Morton O. Schapiro, President of Northwestern University, participates in a 457(f) nonqualified retirement plan and the amounts are subject to substantial risk of forfeiture and vest after a number of years. Michael McRobbie, President of Indiana University, accrued deferred compensation of $300,000 for a supplemental non-qualified retirement plan. Mark Schlissel, President of the University of Michigan, has a non-qualified deferred compensation arrangement of $500,000 over 5 years with $100,000 accruing to him annually subject to a substantial risk of forfeiture. Lou Anna K. Simon received severance payments totaling $816,667. 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 our external tax advisor with data provided by our 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 their 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 Budget 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 2016. The results were presented to the Board of Directors who have the authority to approve any compensation changes. A less formalized process is in place for all other positions. Human Resources and Finance will present all compensation recommendations to the Commissioner who has the ultimate authority to approve. Compensation adjustments are broadly based upon performance reviews, outside market research, and informal surveys of other conferences to obtain compensation for similar positions. 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. Form 990, Part XI, line 9: Big Ten Network Holdings, LLC Dividend -46,754,000. Income from Equity Investments 44,139,932. Rescinded Grants 3,750. BTMP Holdings LLC 5440 Park Place Rosemont IL 60018 352621520 Holding Company DE 0 0 The Big Ten Conference Inc University of Illinois 509 South Fourth Street Champaign IL 61820 376000511 Public University IL N/A 0 Indiana University 107 South Indiana Avenue Bloomington IN 47405 356001673 Public University IN N/A 0 University of Iowa 1 Jessup Hall Iowa City IA 52242 426004813 Public University IA N/A 0 University of Maryland Mitchell Building College Park MD 20742 526002033 Public University MD N/A 0 University of Michigan 412 Maynard Street Ann Arbor MI 48109 386006309 Public University MI N/A 0 Michigan State University 2216 East Michigan Avenue East Lansing MI 48824 386005984 Public University MI N/A 0 University of Minnesota 2221 University Avenue SE Suite 100 Minneapolis MN 55414 416007513 Public University MN N/A 0 Northwestern University 633 Clark Street Evanston IL 60208 362167817 Private University IL 501(c)(3) Line 2 N/A 0 Ohio State University Enarson Hall 154 West 12th Avenue Columbus OH 43210 316025986 Public University OH N/A 0 Pennsylvania State University 201 Old Main University Park PA 16802 246000376 Public University PA N/A 0 Purdue University 610 Purdue Mall West LaFayette IN 47907 356002041 Public University IN N/A 0 Rutgers The State University of New Jersey 57 US Highway 1 New Brunswick NJ 08901 226001086 Public University NJ N/A 0 University of Wisconsin 333 East Campus Mall 10101 Madison WI 53715 391805963 Public University WI N/A 0 University of Nebraska-Lincoln Administration Building 201 Lincoln NE 68588 470049123 Public University NE N/A 0 Big Ten Media Properties LLC 5440 Park Place Rosemont IL 60018 814013993 Sale of media and sponsorship rights DE BTMP Holdings LLC Related 0 0 0.80000 Big Ten Network Holdings LLC 5440 Park Place Rosemont IL 60018 208671841 Holding Company IL The Big Ten Conference Inc C 42539464 1.00000 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 University of Illinois B 54285219 Cash Indiana University B 54288781 Cash University of Iowa B 54277781 Cash University of Maryland-College Park B 27617327 Cash University of Michigan B 54303781 Cash Michigan State University B 54280781 Cash University of Minnesota B 54303781 Cash University of Nebraska B 53286781 Cash Northwestern University B 54276781 Cash Ohio State University B 54297781 Cash Pennsylvania State University B 54299781 Cash Purdue University B 54276781 Cash Rutgers The State University of New Jersey B 11394108 Cash University of Wisconsin B 54295781 Cash University of Maryland-College Park D 28269000 Cash Rutgers The State University of New Jersey D 18000000 Cash Big Ten Network Holding LLC F 46754000 Cash