COTTON BOWL ATHLETIC ASSOCIATION

EIN: 750863843 501(c)(3) Recreation & Sports

arlington, TX

Total Revenue
$20,990,780
Total Expenses
$17,413,240
Total Assets
$38,442,768
Net Assets
$37,078,961
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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
TX
Principal Officer
RICK baker
Phone
8178924800
Tax Period
2024-05-01 to 2025-04-30

COTTON BOWL ATHLETIC ASSOCIATION, founded in 1937, is a mid-sized nonprofit in the Recreation & Sports sector that reported $21.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.6M, a strong 17% operating margin.

Mission

THE MISSION IS TO PRESENT THE MOST INNOVATIVE OF ALL COLLEGE FOOTBALL BOWL GAMES AND TO BE THE LEADER IN CREATING PREMIER COLLEGE SPORTS EXPERIENCES FOR UNIVERSITIES, STUDENT ATHLETES, SPONSORS AND THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $16,335,509 Revenue: $16,667,429

From Slingin' Sammy Baugh to Troy Aikman and Johnny Manziel, the annual Cotton Bowl Classic continues to rank among America's great sports endeavors. For nearly eight (8) decades, the Cotton Bowl has...

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From Slingin' Sammy Baugh to Troy Aikman and Johnny Manziel, the annual Cotton Bowl Classic continues to rank among America's great sports endeavors. For nearly eight (8) decades, the Cotton Bowl has been the shining star of postseason collegiate sports in Texas. The January 2, 2024 game marked the 87th anniversary of this historic event featuring college football at its finest. Two of the nation's top teams - Tulane University and University of Southern California - traveled to North Texas to do battle. Over 55,329 people witnessed an exciting game which Tulane won 46-45. The Cotton Bowl Classic is more than a game, however. For almost nine decades, the Classic has given more than $205 million to higher education. The Cotton Bowl also produces many events surrounding the game, including providing free access to a Dallas Cowboys youth football clinic at AT&T Stadium, children's' hospital visits, band concerts and Hall of Fame ceremonies. When the game week gets here, huge crowds of college football fans converge on North Texas to participate in the festive pre-game activities, and the generous Texas-style hospitality. These enthusiastic visitors generated over $54 million in direct economic impact for the region. Special civic and volunteer committees work year-round to provide the best in hospitality and entertainment for the players, media and the institution's official party. Nearly 16 million more fans watched game activities on ESPN that included a pre-game spectacular, a half-time extravaganza and some of college football's finest hours. And no matter the outcome of the game, no matter the year, it is a special and unique event that garners the attention of the nation and keeps the rich tradition of post-season college football in North Texas alive for past, present and future generations. Founded in 1936, the first Cotton Bowl Classic was played January 1, 1937, between Texas Christian University and Marquette University. The Frogs, behind legendary quarterback Sammy Baugh, defeated the Golden Avalanche that day 16-6 before 17,000 spectators at Fair Park Stadium. It was the beginning of a great tradition. The idea for a post-season football classic belonged to the late J. Curtis Sanford, a Dallas oil man, who promoted that first game as a private enterprise and covered expenses with $6,000 out of his own pocket. With an economic depression still gripping the country, and tremors of global unrest becoming more apparent, Sanford's dream of a Texas sports spectacle was deemed unrealistic by many observers. Time has vindicated Sanford's vision. The honor role of gridiron greats who have appeared in the Cotton Bowl through the years include such standouts as: Bo Jackson, Russell Maryland, Troy Aikman, Tim Brown, Chris Spielman, Doug Flutie, Earl Campbell, Bart Starr, Joe Theismann, Joe Montana, Eric Dickerson, Roger Staubach, Doak Walker, Jim Brown, Kenny Stabler, John Cappelletti, Dan Marino, Dicky Maegle, Sammy Baugh, Bryon "Whizzer" White, James Street, Jim Swink, Lance Alworth, Davey O'Brien, Bob Lilly, Norm Van Brocklin, Bobby Layne, John Kimbrough, Tommy Nobis, Duke Carlisle, Ernie David, Eli Manning and Johnny Manziel. The list of coaches is equally impressive: legends such as Paul "Bear" Bryant, Darrell Royal, General Bob Neyland, Bobby Dodd, Frank Leahy, Jess Neely, Frank Broyles, Bob Devaney, Ara Parseghian, Vince Dooley, Joe Paterno, Gene Stallings, Ben Schwartzwalder, John Robinson, Johnny Vaught, Lou Holtz, Johnny Majors, Lavell Edwards, Mack Brown, Nick Saban, Bob Stoops, and Bill Snyder. The Cotton Bowl Classic is a member of the New Year's Six Bowls, along with the Rose, Sugar, Orange, Peach and Fiesta Bowls. These six (6) games are part of the College Football Playoff (CFP), the most prestigious bowls in the post-season. As part of this partnership, five (5) of the six New Year's Six Bowls, including the Cotton Bowl, assigns their respective television and major sponsorship rights to the CFP (the Rose has a separate contract). These rights were bundled and along with a National Championship Game, sold to ESPN for an average of $470 million a year. The portion of the $470 million that is generated by the Cotton Bowl TV and sponsor rights, and in past years would have been given by the Cotton Bowl to the two (2) participating teams as grants, are now distributed to all 128 football Bowl Subdivision schools through the CFP. Either governmental or other 501(c)3 institutions are the ultimate recipients.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,681,550
Program Service Revenue $16,663,093
Investment Income $1,641,801
Other Revenue $4,336
TOTAL REVENUE $20,990,780

Expense Breakdown

Grants Paid $5,833,893
Salaries & Benefits $4,034,443
Fundraising Expenses $0
Program Expenses $16,335,509
Other Expenses $7,544,904
TOTAL EXPENSES $17,413,240

Year-over-Year Comparison

2024 2023 Change
Revenue $20,990,780 $18,221,001 +0.2%
Expenses $17,413,240 $14,314,683 +0.2%
Net Income $3,577,540 $3,906,318 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
92
Independent Members
91
Employees
18
Volunteers
92

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
12
$1,827,757
Total Directors
92
$1,134,939
Key Employees
3
$900,653
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rick Baker President / CEO 40.0
Officer Director
$978,047 $156,892 $1,134,939
Marty MacInnis COO / CFO 40.0
Officer
$589,549 $103,269 $692,818
Michael Konradi Senior VP External Affairs 40.0
Key Emp
$345,075 $70,856 $415,931
Amy Scott VP of Ticket Sales & Services 40.0
Key Emp
$200,120 $53,751 $253,871
Kelly H Newell VP of Creative & Guest Service 40.0
Key Emp
$178,736 $52,115 $230,851
Will Estel Director of Stadium Operations 40.0
Highest
$126,206 $47,513 $173,719
Scottie Rodgers Director of Communications 40.0
Highest
$142,506 $28,998 $171,504
Tiffany Rauschkolb Director of Ticket Operations 40.0
Highest
$133,520 $21,939 $155,459
W Mike Baggett Director 1.0
Director
$0 $0 $0
Elizabeth Bentrup Director 1.0
Director
$0 $0 $0
Robbie Baty Director 1.0
Director
$0 $0 $0
Roland Burns Director 1.0
Director
$0 $0 $0
Heath Cheek Director 1.0
Director
$0 $0 $0
John Crawford Director 1.0
Director
$0 $0 $0
Buddy Dike Director 1.0
Director
$0 $0 $0
Cole Dulaney Director 1.0
Director
$0 $0 $0
Jeff Fehlis Director 1.0
Director
$0 $0 $0
RYAN WALDRON Director 1.0
Director
$0 $0 $0
Chad Estis Director 1.0
Director
$0 $0 $0
Bruce Gadd Director 1.0
Director
$0 $0 $0
Mike Henderson Director 1.0
Director
$0 $0 $0
Darrell Hernandez Director 1.0
Director
$0 $0 $0
Cindy Hourigan Director 1.0
Director
$0 $0 $0
Isabell Novakov Higginbotham Director 1.0
Director
$0 $0 $0
Stephen Jones Director 1.0
Director
$0 $0 $0
Rod Jones Director 1.0
Director
$0 $0 $0
Matthew A Kairis Director 1.0
Director
$0 $0 $0
Stephen Luskey Director 1.0
Director
$0 $0 $0
Todd Macsuga Director 1.0
Director
$0 $0 $0
Jeff Matthews Director 1.0
Director
$0 $0 $0
Fred McClure Director 1.0
Director
$0 $0 $0
Jeff Montgomery Director 1.0
Director
$0 $0 $0
Dat Nguyen Director 1.0
Director
$0 $0 $0
Greg Oliver Director 1.0
Director
$0 $0 $0
Jay McAuley Director 1.0
Director
$0 $0 $0
Griffin Perry Director 1.0
Director
$0 $0 $0
Monica Paul Director 1.0
Director
$0 $0 $0
Brad Ramsey Director 1.0
Director
$0 $0 $0
Kasey Pipes Director 1.0
Director
$0 $0 $0
Christopher Roy Director 1.0
Director
$0 $0 $0
Ketric Sanford Director 1.0
Director
$0 $0 $0
Kathy Saunders Director 1.0
Director
$0 $0 $0
John Scovell Director 1.0
Director
$0 $0 $0
Brad Sham Director 1.0
Director
$0 $0 $0
Mandy Price Director 1.0
Director
$0 $0 $0
Jim Ray Smith Director 1.0
Director
$0 $0 $0
Robert Smith Director 1.0
Director
$0 $0 $0
John Stewart Director 1.0
Director
$0 $0 $0
Mike Sweet Director 1.0
Director
$0 $0 $0
Bruce Roy Director 1.0
Director
$0 $0 $0
Jake Wagner Director 1.0
Director
$0 $0 $0
Denton Walker III Director 1.0
Director
$0 $0 $0
Dr John Field Scovell III Director 1.0
Director
$0 $0 $0
Andrew Springate Director 1.0
Director
$0 $0 $0
Jim Williams Jr Director 1.0
Director
$0 $0 $0
Ramsay Woodall Director 1.0
Director
$0 $0 $0
Kevin Watler Director 1.0
Director
$0 $0 $0
Carl Ice Past Chairman 1.0
Officer Director
$0 $0 $0
Monica Christopher Chair-Elect 2.0
Officer Director
$0 $0 $0
Kelvin Walker CHAIR 2.0
Officer Director
$0 $0 $0
Terrance Henderson Secretary 2.0
Officer Director
$0 $0 $0
Christian Rodriguez TREASURER 2.0
Officer Director
$0 $0 $0
Karen Wilson-Torres Director 1.0
Director
$0 $0 $0
Eric Winton Director 1.0
Director
$0 $0 $0
Vickie Yakunin Director 1.0
Director
$0 $0 $0
Dave Brown Immediate Past Chair 3.0
Officer Director
$0 $0 $0
Craig Baker Director 1.0
Director
$0 $0 $0
Lance Barrow Director 1.0
Director
$0 $0 $0
Camille Barton Director 1.0
Director
$0 $0 $0
Baxter Billingsley Director 1.0
Director
$0 $0 $0
Julie Bosche Director 1.0
Director
$0 $0 $0
Matthew Bowman Director 1.0
Director
$0 $0 $0
Larry Cantrell Director 1.0
Director
$0 $0 $0
Lane Conner Director 1.0
Director
$0 $0 $0
Ron Defeo Director 1.0
Director
$0 $0 $0
Brent DeRaad Director 1.0
Director
$0 $0 $0
Joseph DeWoody Director 1.0
Director
$0 $0 $0
Jason Dixon Director 1.0
Director
$0 $0 $0
Kelly Ann Doherty Director 1.0
Director
$0 $0 $0
Fin Ewing Director 1.0
Director
$0 $0 $0
Ali Greenwood Director 1.0
Director
$0 $0 $0
Charles Henderson Director 1.0
Director
$0 $0 $0
Nick Henderson Director 1.0
Director
$0 $0 $0
Andrew Lauck Director 1.0
Director
$0 $0 $0
Ryan Long Director 1.0
Director
$0 $0 $0
Jeremy McGown Director 1.0
Director
$0 $0 $0
Baker Montgomery Director 1.0
Director
$0 $0 $0
Daniel Novakov Director 1.0
Director
$0 $0 $0
Bry Patton Director 1.0
Director
$0 $0 $0
William Reeder Director 1.0
Director
$0 $0 $0
John Steinmetz Director 1.0
Director
$0 $0 $0
Derrick Wilson Director 1.0
Director
$0 $0 $0
Ashley Zickefoose Director 1.0
Director
$0 $0 $0
Kyle Manley Vice Chair 2.0
Officer Director
$0 $0 $0
Blake Wiley Vice Chair 2.0
Officer Director
$0 $0 $0
William Jackman Vice Chair 2.0
Officer Director
$0 $0 $0
Tim Leahy Director 1.0
Director
$0 $0 $0
Gillian Breidenbach Vice Chair 2.0
Officer Director
$0 $0 $0
Greg Leftwich Director 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $20,990,780 $17,413,240 $38,442,768 $3,577,540
2024 $18,221,001 $14,314,683 $35,061,051 $3,906,318
2023 $16,767,428 $14,387,106 $32,802,756 $2,380,322
2022 $17,932,137 $14,311,055 $32,471,446 $3,621,082
2021 $13,531,714 $9,919,237 $30,120,886 $3,612,477
2020 $12,475,345 $10,734,765 $25,834,864 $1,740,580
2019 $14,709,948 $12,739,137 $25,564,304 $1,970,811
2018 $12,249,805 $10,925,846 $22,436,962 $1,323,959
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