The Big 12 Conference Inc

Analysis

The Big 12 Conference Inc is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Big 12 Conference Inc reported income of $510.7m and spending of $495.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $439.0m to $510.7m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Big 12 Conference Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Sacred Heart University ($509.0m), Rockefeller University ($514.6m) and The Trustees of the Stevens Institute of Technology ($505.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $17.2m (3.5% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $84.6m against liabilities of $34.2m, net assets of $50.4m. It reported 37 employees.