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Education · 2023 Form 990

The Big 12 Conference Inc: $510.7M Revenue, $495.5M Expenses

Irving, Texas · EIN 752604555 · Filing year 2023

The Big 12 Conference Inc reported $510.7M in total revenue, $495.5M in total expenses, and $84.6M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $17.2M (3.38% of revenue). NonprofitTruth efficiency grade: C (52/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
52/100

Key Facts (2023 Form 990)

Total Revenue
$510.7M
Total Expenses
$495.5M
Total Assets
$84.6M
Reserve Months
2.0 months
Surplus / (Deficit)
$15.3M
EIN
752604555
Latest 990 Year
2023
Current-Officer Compensation
$17.2M
Officer Comp % of Revenue
3.38%

The composite efficiency score of 52/100 puts The Big 12 Conference Inc at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

The Big 12 Conference Inc is a large nonprofit by U.S. standards: $510.7M in 2023 revenue against $495.5M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. On the financial-health factor, The Big 12 Conference Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Compensation for current officers and key employees runs $17.2M against $510.7M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. In the Education category, The Big 12 Conference Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$510.7M
Revenue
$495.5M
Expenses
$84.6M
Total Assets
$17.2M
Officer Compensation

How The Big 12 Conference Inc Compares

The Big 12 Conference Inc earns a NonprofitTruth efficiency grade of C (52/100). That is 12 points below the Education category average. Compensation for current officers and key employees represents 3.38% of total revenue. The organization holds 2.0 months of operating reserves, which is below the commonly recommended 3-month minimum.

Financials

990 Financial Snapshot

$495.5M
Total Expenses
Filing year 2023
$17.2M
Officer Compensation
3.38% of revenue
2.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, The Big 12 Conference Inc reported $510.7M in revenue against $495.5M in total functional expenses for filing year 2023, holding roughly 2.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $17.2M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.38% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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The Big 12 Conference Inc has a NonprofitTruth Efficiency Score of C (52/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

The Big 12 Conference Inc, Donor FAQ

The Big 12 Conference Inc has a NonprofitTruth Efficiency Score of C (52/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

The Big 12 Conference Inc reports $17.2M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.38% of the organization's $510.7M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

The Big 12 Conference Inc reported $510.7M in annual revenue and $495.5M in total expenses for filing year 2023. The organization holds $84.6M in total assets.

The Big 12 Conference Inc holds approximately 2.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

The Big 12 Conference Inc is a registered 501(c) organization with EIN 752604555, based in Irving, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.