Missouri Valley Conference Inc
- Assets
- $10.4m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 14
- Location
- St Louis, MO
- Founding
- 08/2000
- Data as of
- 06/2021
- EIN
- 43-1862074
Organization Overview
Missouri Valley Conference Inc is located in St Louis, MO. The organization was established in 2000. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Missouri Valley Conference Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Valley Conference Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Missouri Valley Conference Inc generated $10.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $4.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Missouri Valley Conference Inc has awarded 90 individual grants totaling $13,257,980. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INTERCOLLEGIATE ATHLETICS A PROPER ROLE IN EDUCATION, TO ORGANIZE, CONTROL AND SUPERVISE INTERCOLLEGIATE ATHLETICS AMONG THE INSTITUTIONS OF THE CONFERENCE AND TO ESTABLISH STANDARDS AND PROMOTE SCHOLARSHIP AND SPORTSMANSHIP AMONG THE CONFERENCE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONFERENCE CONTRACTS WITH REGIONAL AND NATIONAL TELEVISION NETWORKS TO PROVIDE TV EXPOSURE FOR THE MEMBERS' BASKETBALL PROGRAMS.
THE CONFERENCE RECEIVES NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY GRANTS EACH YEAR. THE CONFERENCE IS RESPONSIBLE FOR DISTRIBUTING THE FUNDS TO MEMBER INSTITUTIONS FOR USE BY ELIGIBLE STUDENT-ATHLETES FOR VARIOUS HEALTH, EDUCATIONAL, AND PERSONAL PURPOSES.
THE CONFERENCE CONDUCTS A POST-SEASON BASKETBALL TOURNAMENT FOR ALL OF THE MEMBER INSTITUTIONS' MEN'S & WOMEN'S BASKETBALL TEAMS. THE WINNER OF THE TOURNAMENT RECEIVES AN AUTOMATIC INVITATION TO THE NCAA BASKETBALL TOURNAMENT.
IN ADDITION TO THE NATIONAL BASKETBALL TOURNAMENT, THE CONFERENCE PROMOTES THE OVERALL ATHLETIC PROGRAMS FOR EACH OF THE CONFERENCES' MEMBER INSTITUTIONS AND STRIVES TO INCREASE THE GENERAL RECOGNITION OF THE CONFERENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Douglas Elgin Secretary, Treasurer, Commissioner Throughjune '21 | OfficerTrustee | 40 | $234,830 |
Patricia Viverito Senior Associate Commissioner | Officer | 40 | $167,888 |
Jack Watkins Associate Commissioner | 40 | $112,717 | |
Michael Kern Associate Commissioner | 40 | $111,969 | |
Bryan Belt Chief Financial Officer | Officer | 40 | $105,976 |
Austin Lane Director, Chair Of President's Council | OfficerTrustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ltn Global Communications Tv Production | 6/29/21 | $433,159 |
Kinexon Medical Testing(covid) | 6/29/21 | $137,735 |
Tupelo Honey Tv Production | 6/29/21 | $235,756 |
Enterprise Center Venue Rental | 6/29/21 | $128,130 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $243,115 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $240,179 |
| All other contributions, gifts, grants, and similar amounts not included above | $613,354 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,096,648 |
| Total Program Service Revenue | $9,248,983 |
| Investment income | $1,887 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,777 |
| Net Gain/Loss on Asset Sales | -$810 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $50 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,359,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $515,972 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $643,526 |
| Compensation of current officers, directors, key employees. | $77,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $598,336 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $236,068 |
| Payroll taxes | $70,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,467 |
| Fees for services: Accounting | $30,818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,248 |
| Office expenses | $27,551 |
| Information technology | $41,044 |
| Royalties | $0 |
| Occupancy | $13,222 |
| Travel | $82,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,627 |
| Interest | $1,351 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,060 |
| Insurance | $14,289 |
| All other expenses | $263,017 |
| Total functional expenses | $4,747,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,677 |
| Savings and temporary cash investments | $7,540,875 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $732,221 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,655,007 |
| Inventories for sale or use | $25,379 |
| Prepaid expenses and deferred charges | $43,139 |
| Net Land, buildings, and equipment | $431,649 |
| Investments—publicly traded securities | $2,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,154 |
| Total assets | $10,444,732 |
| Accounts payable and accrued expenses | $161,058 |
| Grants payable | $0 |
| Deferred revenue | $1,967,817 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $15,000 |
| Secured mortgages and notes payable | $15,321 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,159,196 |
| Net assets without donor restrictions | $8,285,536 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,444,732 |
Grants Awarded
Over the last fiscal year, Missouri Valley Conference Inc has awarded $515,972 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Normal, IL PURPOSE: TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS | $95,769 |
Springfield, MO PURPOSE: TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS | $91,862 |
Carbondale, IL PURPOSE: TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS | $64,994 |
Terre Haute, IN PURPOSE: TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS | $64,168 |
Cedar Falls, IA PURPOSE: TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS | $59,770 |
Valparaiso, IN PURPOSE: TO DISTRIBUTE NCAA SPECIAL ASSISTANCE AND STUDENT ATHLETE OPPORTUNITY FUNDS | $45,398 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Missouri Valley Conference Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Prairie Meadows Race Track & Casino Inc Altoona, IA PURPOSE: "The Bright Path - The Johnny Bright Story" sponsorship | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midway Usa Foundation Inc Columbia, MO | $194,100,293 | $37,103,631 |
United States Hunter Jumper Association Inc Lexington, KY | $20,251,014 | $9,522,034 |
Amateur Trapshooting Association Of America Sparta, IL | $23,868,836 | $5,940,549 |
Missouri Valley Conference Inc St Louis, MO | $10,444,732 | $10,359,535 |
Iowa Girls High School Athletic Union West Des Moines, IA | $5,061,518 | $4,564,466 |
Mid-America Intercollegiate Athletics Association Kansas City, MO | $897,244 | $2,652,440 |
The United States Pony Clubs Inc Lexington, KY | $8,497,562 | $2,773,212 |
Louisville Urban League Sports And Learning Complex Inc Louisville, KY | $77,056,765 | $1,676,545 |
Chicago Jets Hockey Club Inc Chicago, IL | $335,603 | $2,097,431 |
Iowa Harness Racing Association Eagle Grove, IA | $797,423 | $1,325,981 |
Ca2016 Local Organizing Committee Llc Chicago, IL | $0 | $1,905 |
Iowa Soccer Association West Des Moines, IA | $597,318 | $1,619,010 |