2018-05-15T12:40:46-05:00 2017-06-30 420714325 RSM US LLP 1 S Wacker Drive Suite 800 Chicago IL 60606 990 2016-07-01 363640583 The Big Ten Conference Inc BIGT 8476961010 5440 Park Place Rosemont IL 60018 Bradford S Traviolia Treasurer 8476961010 2018-05-15 1 Zack Fortsch P00052725 3126343400 2016 2022-09-23 18:48:47Z James E Delany 5440 Park Place Rosemont IL 60018 512880369 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 59 0 0 0 0 0 470948201 499657785 11740380 12281739 757028 938545 483445609 512878069 442210580 469567931 0 0 30613500 8094288 0 0 0 21407413 21176120 494231493 498838339 -10785884 14039730 125351265 165986791 63920296 83054877 61430969 82931914 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 469567931 469567931 495651321 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. 2224821 963073 Championships - The Conference declares conference champions in twenty-eight sports and oversees twenty-seven season-ending championships/tournaments. 2512514 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. 999114 127279 Media Events 53505 3173616 Sponsorship Program 601650 Championship Enhancement 23918 Community Outreach 316375 Drug Testing Program 81478 Foreign Tours 2076040 3300895 476381306 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 259 0 1 59 1 0 0 0 0 0 0 0 0 0 0 X 14 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 0 1 0 IL X Bradford S Traviolia 8476961010 5440 Park Place Rosemont IL 60018 Lou Anna K Simon Chair 5.00 40.00 X 0 906693 45785 Michael A McRobbie Director 5.00 40.00 X 0 871934 290709 Michael V Drake Director 5.00 40.00 X 0 1055377 115561 Mark S Schlissel Director 5.00 40.00 X 0 772087 168655 Eric W Kaler Director 5.00 40.00 X 0 629110 279767 Mitchell E Daniels Director 5.00 40.00 X 0 709185 126307 Eric Barron Director 5.00 45.00 X 0 1027113 44788 Morton O Schapiro Director 5.00 40.00 X 0 1412057 419797 Ronald Green Director 5.00 40.00 X 0 417127 35363 Rebecca M Blank Director 5.00 40.00 X 0 493144 90508 Wallace D Loh Director 5.00 40.00 X 0 556048 36870 Robert L Barchi Director 5.00 40.00 X 0 901775 35650 Robert J Jones Director 5.00 40.00 X 0 157284 4609 Barbara Wilson Past Director 5.00 40.00 X 0 428248 37184 Bruce Harreld Director 5.00 40.00 X 0 641262 52475 James E Delany Commissioner 40.00 X 2168209 0 326589 Bradford S Traviolia Treasurer 40.00 X 455225 0 74870 Chad Hawley Secretary 40.00 X 183560 0 39656 Mark Rudner Assoc. Commissioner, TV Admin. 40.00 X 209015 0 51184 Rick Boyages Assoc. Commissioner,Men's Basketball 40.00 X 205342 0 51204 Diane Dietz Chief Communications Officer 40.00 X 335691 0 56569 Michael McComiskey Assoc. Commissioner, Basketball Ops. 40.00 X 154664 0 34400 Wendy Fallen Assoc. Commissioner, Championships 40.00 X 155553 0 34232 Harvey Perlman Former Director 0.00 0.00 X 0 479314 43906 Phyllis M Wise Former Director 0.00 0.00 X 0 368185 11095 Jean Robillard Former Director 0.00 0.00 X 0 995017 57085 Sally Mason Former Director 0.00 0.00 X 0 920100 27613 Andrea Williams Former Assoc. Commissioner 0.00 X 114442 0 14882 3981701 13741060 2607313 15 1 1 0 Mayer Brown LLP 71 S Wacker Drive Chicago IL 60606 Legal Services 4036842 Weber Shandwick 875 N Michigan Avenue Suite 2400 Chicago IL 60611 Public Relations Services 2122437 Teamworks Media 1 E Wacker Drive Suite 1620 Chicago IL 60601 Advertising & Media Production 1285400 COC Football Consortium LLC 401 N Michigan Avenue 2200 Chicago IL 60611 Officiating Services 738155 SPMA Co 1100 Dilworth Crescent Row Charlotte NC 28203 Media Consulting 659608 37 Sports Revenue 900099 468724679 468724679 Operating Revenue 900099 25469138 25469138 Sponsorship & Media Events 900099 3300895 3300895 University Assessments 900099 1190000 1190000 Championship Events 900099 963073 963073 10000 10000 499657785 12284039 12284039 904040 257504 646536 2300 -2300 -2300 -2300 34505 34505 34505 512878069 499915289 0 12962780 469567931 469567931 5446119 5446119 1875326 1875326 455196 455196 317647 317647 6886898 6886898 89290 89290 580218 580218 1620873 1620873 314801 314801 1360991 1360991 542122 542122 331522 331522 115899 115899 1845858 1845858 300209 300209 Officiating 2512514 2512514 Championship Events 2224821 2224821 Conference Office Progr 1392912 1392912 Championship Enhancemen 601650 601650 455542 81478 374064 498838339 476381306 22457033 0 20119402 34561892 8565675 16591000 3724092 1947106 23230000 35354000 487812 1621606 23658144 5904048 19423890 17754096 4269918 4995823 41268121 48376546 1484875 2208884 2777480 2575838 125351265 165986791 2882940 2408866 350026 369874 6500000 4333333 54187330 75942804 63920296 83054877 X 57736599 78541390 3694370 4390524 61430969 82931914 125351265 165986791 X 14039730 352790 7108425 X 0 1 X 1 0 X X 14 University of Illinois 376000511 6 1 36986013 0 Indiana University 356001673 6 1 36988013 0 University of Iowa 426004813 6 1 36986013 0 University of Maryland-College Park 526002033 6 1 25487448 0 University of Michigan 386006309 6 1 37175013 0 Michigan State University 386005984 6 1 37079013 0 University of Minnesota 416007513 6 1 37084013 0 University of Nebraska-Lincoln 470049123 6 1 25395583 0 Northwestern University 362167817 2 1 37069013 0 Ohio State University 316025986 6 1 37008013 0 Pennsylvania State University 246000376 6 1 37004013 0 Purdue University 356002041 6 1 37162013 0 Rutgers The State Univ of New Jersey 226001086 6 1 10978755 0 University of Wisconsin 391805963 6 1 37165015 0 14 469567931 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1500475 1500475 15363889 1344340 14019549 97981 23900 74081 3260299 2130958 1129341 3435500 2404850 1030650 17754096 Investment in Big Ten Network Holdings, LLC 48376546 C 48376546 Due to Member Schools 47285209 September 11 Scholarship Fund 500000 Post Retirement Benefits 4868435 Accrued Benefit/Deferred Compensation (*See Part XIII) 23289160 75942804 X 51357101 352790 19232425 19585215 31771886 481106183 481106183 512878069 29856156 0 29856156 468982183 468982183 498838339 Part X, Line 2: The Conference, a Delaware nonprofit corporation, 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 financial statements. The Conference files Forms 990 in the U.S. federal jurisdiction and the State of Illinois and is generally no longer subject to examination by the Internal Revenue Service for years before 2014. Part XI, Line 2d - Other Adjustments: Income from Investment in Big Ten Network Holdings, LLC 19,232,425. Part XI, Line 4b - Other Adjustments: Amounts Collected for Benefit of Member Schools 468,982,183. Big Ten Network Holdings, LLC Dividend 12,124,000. Part XII, Line 4b - Other Adjustments: Amounts Remitted to Member Schools 468,982,183. Part X, Line 1: In July 2015, the Commissioner became fully eligible for future bonus payments pursuant to his employment contract. Accordingly, in fiscal year 2016, the Conference has recorded a liability and expense which represents the estimated present value (using a discount rate of 4 percent) of the future bonus payments earned under the contract. Europe 0 0 Program Service A select number of Big Ten volleyball student-athletes travel overseas to take part in a foreign tour to feature not just competition on the court, but also community service initiatives and the opportunity to experience new cultures in European countries of Austria, Czech Republic, Italy, Slovenia. 81478 0 0 0 0 0 0 81478 0 81478 0 0 0 0 0 0 1 University of Illinois 509 South Fourth Street Champaign IL 61820 376000511 State of Illinois 36986013 To support the missions of member institutions Indiana University 107 South Indiana Avenue Bloomington IN 47405 356001673 State of Indiana 36988013 To support the missions of member institutions University of Iowa 1 Jessup Hall Iowa City IA 52242 426004813 State of Iowa 36986013 To support the missions of member institutions University of Maryland-College Park Mitchell Building College Park MD 20742 526002033 State of Maryland 25487448 To support the missions of member institutions University of Michigan 412 Maynard Street Ann Arbor MI 48109 386006309 State of Michigan 37175013 To support the missions of member institutions Michigan State University 2216 East Michigan Avenue East Lansing MI 48824 386005984 State of Michigan 37079013 To support the missions of member institutions University of Minnesota 2221 University Avenue SE Suite 100 100 Minneapolis MN 55414 416007513 State of Minnesota 37084013 To support the missions of member institutions University of Nebraska-Lincoln Administration Building 201 Lincoln NE 68588 470049123 State of Nebraska 25395583 To support the missions of member institutions Northwestern University 633 Clark Street Evanston IL 60208 362167817 501(c)(3) 37069013 To support the missions of member institutions Ohio State University Enarson Hall 154 West 12th Avenue Columbus OH 43210 316025986 State of Ohio 37008013 To support the missions of member institutions Pennsylvania State University 201 Old Main University Park PA 16802 246000376 State of Penn. 37004013 To support the missions of member institutions Purdue University 610 Purdue Mall West LaFayette IN 47907 356002041 State of Indiana 37162013 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 10978755 To support the missions of member institutions University of Wisconsin 333 East Campus Mall 10101 Madison WI 53715 391805963 State of Wisconsin 37165015 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 $28,982 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 0 1 0 0 0 0 0 1 0 Lou Anna K Simon Chair 0 750000 0 100000 0 56693 0 35333 0 10452 0 952478 0 0 Michael A McRobbie Director 0 596870 0 150000 0 125064 0 279987 0 10722 0 1162643 0 0 Michael V Drake Director 0 828596 0 204000 0 22781 0 85569 0 29992 0 1170938 0 0 Mark S Schlissel Director 0 771963 0 0 0 124 0 146500 0 22155 0 940742 0 0 Eric W Kaler Director 0 606443 0 0 0 22667 0 184450 0 95317 0 908877 0 0 Mitchell E Daniels Director 0 400616 0 301600 0 6969 0 26500 0 99807 0 835492 0 0 Eric Barron Director 0 809002 0 200000 0 18111 0 24618 0 20170 0 1071901 0 0 Morton O Schapiro Director 0 1013556 0 200000 0 198501 0 214596 0 205201 0 1831854 0 100000 Ronald Green Director 0 411767 0 0 0 5360 0 24779 0 10584 0 452490 0 0 Rebecca M Blank Director 0 493144 0 0 0 0 0 28488 0 62020 0 583652 0 0 Wallace D Loh Director 0 556048 0 0 0 0 0 21245 0 15625 0 592918 0 0 Robert L Barchi Director 0 698724 0 200468 0 2583 0 35650 0 0 0 937425 0 0 Robert J Jones Director 0 157284 0 0 0 0 0 0 0 4609 0 161893 0 0 Barbara Wilson Past Director 0 428248 0 0 0 0 0 0 0 37184 0 465432 0 0 Bruce Harreld Director 0 585484 0 0 0 55778 0 26500 0 25975 0 693737 0 0 James E Delany Commissioner 2128487 0 0 0 39722 0 274600 0 51989 0 2494798 0 0 0 Bradford S Traviolia Treasurer 452258 0 0 0 2967 0 52100 0 22770 0 530095 0 0 0 Chad Hawley Secretary 172500 0 1500 0 9560 0 24150 0 15506 0 223216 0 0 0 Mark Rudner Assoc. Commissioner, TV Admin. 205699 0 500 0 2816 0 27995 0 23189 0 260199 0 0 0 Rick Boyages Assoc. Commissioner,Men's Basketball 204290 0 500 0 552 0 27994 0 23210 0 256546 0 0 0 Diane Dietz Chief Communications Officer 334159 0 500 0 1032 0 47100 0 9469 0 392260 0 0 0 Michael McComiskey Assoc. Commissioner, Basketball Ops. 142484 0 12000 0 180 0 19062 0 15338 0 189064 0 0 0 Wendy Fallen Assoc. Commissioner, Championships 146001 0 2000 0 7552 0 20429 0 13803 0 189785 0 0 0 Harvey Perlman Former Director 0 362187 0 0 0 117127 0 29478 0 14428 0 523220 0 0 Phyllis M Wise Former Director 0 368185 0 0 0 0 0 0 0 11095 0 379280 0 0 Jean Robillard Former Director 0 737405 0 226362 0 31250 0 26500 0 30585 0 1052102 0 0 Sally Mason Former Director 0 218307 0 0 0 701793 0 18404 0 9209 0 947713 0 0 Andrea Williams Former Assoc. Commissioner 94322 0 20000 0 120 0 11029 0 3853 0 129324 0 0 0 Part I, Line 1a James E. Delany received the following taxable benefits: Social club dues - $8,880 James E. Delany received the following non-taxable benefits: Travel for companions - $9,487 First-class travel - $10,114 Brad Traviolia received the following non-taxable benefit: Travel for companions - $1,186 Brad Traviolia received the following taxable benefits: Travel for companions - $2,607 Mark Rudner received the following non-taxable benefit: Travel for companions - $788 Mark Rudner received the following taxable benefits: Travel for companions - $469 Chad Hawley received the following non-taxable benefit: Travel for companions - $1,740 Michael McComiskey received the following non-taxable benefit: Travel for companions - $893 Part I, Line 4b James E. Delany accrued deferred compensation of $237,500 for a supplemental non-qualified retirement plan. Bradford S. Traviolia accrued deferred compensation of $15,000 for a supplemental non-qualified retirement plan. Diane Dietz accrued deferred compensation of $10,000 for a supplemental non-qualified retirement 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 $150,000 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. Part I, Line 7 Bonuses paid by the organization are for the added roles and responsibilities the recipients had at the NCAA Basketball regional games. Depending on the extent of the responsibilities each individual had the Associate Commisioner of Football and Basketball Operations recommended a bonus amount and the Deputy Commissioner/CFO ultimately approved. A Illinois Finance Authority 861091967 NoneAvail 2012-12-20 13000000 Construction of new conference office building and meeting center 0 0 0 A 8666667 13012941 13000000 2013 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 0 Schedule K, Part I, Column (e) & Schedule K, Part, II, Line 3: The difference between issue price in Part I, Column (e) and the total proceeds of issue in Part II, Line 3 is investment income earned on bond escrow before the bond proceeds were expended. Schedule K, Part IV, Line 2c: A rebate computation was performed by the organization's bond counsel in December of 2017 with the legal conclusion that no rebate was due. 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. The Deputy Commissioner 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: Income from Investment in Big Ten Network Holdings, LLC 19,232,425. Big Ten Network Holdings, LLC Dividend -12,124,000. 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 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 29162391 48422291 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 36986013 Cash Indiana University B 36988013 Cash University of Iowa B 36986013 Cash University of Maryland-College Park B 25487448 Cash University of Michigan B 37175013 Cash Michigan State University B 37079013 Cash University of Minnesota B 37084013 Cash University of Nebraska B 25395583 Cash Northwestern University B 37069013 Cash Ohio State University B 37008013 Cash Pennsylvania State University B 37004013 Cash Purdue University B 37162013 Cash Rutgers The State University of New Jersey B 10978755 Cash University of Wisconsin B 37165015 Cash University of Maryland-College Park D 12124000 Cash Big Ten Network Holding LLC F 12124000 Cash