Sugar Bowl Louisiana Superdome
- Assets
- $66.5m
- Revenue
- $18.2m
- Investments
- $0.0
- Employees
- 14
- Location
- New Orleans, LA
- Founding
- 06/1935
- Data as of
- 06/2022
- EIN
- 72-0272830
Organization Overview
Sugar Bowl Louisiana Superdome is located in New Orleans, LA. The organization was established in 1935. 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 06/2022, Sugar Bowl Louisiana Superdome employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sugar Bowl Louisiana Superdome 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 06/2022, Sugar Bowl Louisiana Superdome generated $18.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $20.4m during the year ending 06/2022. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sugar Bowl Louisiana Superdome has awarded 122 individual grants totaling $66,393,852. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOSTING AND SPONSORING AMATEUR AND COLLEGIATE SPORTING EVENTS TO PROMOTE TOURISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HOSTS THE ALLSTATE SUGAR BOWL, AN ANNUAL COLLEGIATE FOOTBALL POST-SEASON BOWL GAME. THE ALLSTATE SUGAR BOWL IS ONE OF THE OLDEST BOWL GAMES IN THE COUNTRY, HOSTING ITS 88TH ANNUAL COLLEGIATE BOWL GAME ON JANUARY 1, 2022. 66,749 SPECTATORS ATTENDED THE JANUARY 1, 2022 EVENT, WITH APPROXIMATELY 64.8 PERCENT OF THE ATTENDEES COMING FROM OUTSIDE THE GREATER NEW ORLEANS METROPOLITAN AREA.
THE ORGANIZATION SPONSORS 25 AMATEUR SPORTING AND RECOGNITION EVENTS IN LOUISIANA AND AROUND THE GREATER NEW ORLEANS METROPOLITAN AREA. TO PROMOTE AMATEUR SPORTS IN THE AREA, THE SUGAR BOWL SUPPORTED STATE AND LOCAL ASSOCIATIONS FOR VOLLEYBALL, GOLF, REGATTA, LACROSSE, SOCCER, SWIMMING, AND BASKETBALL. IN ADDITION, THE ORGANIZATION SPONSORS THE MANNING AWARD, THE NEW ORLEANS SPORTS HALL OF FAME, AND THE NATIONAL FOOTBALL FOUNDATION. THE SUM TOTAL OF THE ECONOMIC IMPACT FOR ALL SUGAR BOWL ACTIVITIES WAS $210 MILLION IN 2021-2022.
DURING THE FISCAL YEAR ENDED JUNE 30, 2012, THE SUGAR BOWL DONATED $1,000,000 TO A LOCAL FOUNDATION FOR THE RESTRICTED PURPOSE OF RESTORING THE FACILITIES OF JOE BROWN PARK IN NEW ORLEANS. ACCOMPANYING THIS DONATION IS A COMMITMENT TO THE FOUNDATION OF $100,000 PER YEAR FOR 10 YEARS OF DEDICATED MAINTENANCE AND PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Hundley Chief Executive Officer | Officer | 55 | $765,391 |
Derek Morel Executive VP For Sales & Marketing | 40 | $265,413 | |
John Sudsbury Senior Director Of Communications | 40 | $185,048 | |
Tim Shay Senior Director Of Finance | 40 | $162,788 | |
Risa Hall Senior Director Of Administration | 40 | $139,455 | |
Austin Martin Senior Director Of Operations | 40 | $103,361 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Caesars Superdome Stadium Services | 6/29/22 | $610,989 |
Lesco Productions Event Planning | 6/29/22 | $175,525 |
Bull's Eye Media Advertising Buying | 6/29/22 | $138,842 |
Roy Kiesel Et Al Legal Services | 6/29/22 | $108,123 |
The Vega Group Event Planning | 6/29/22 | $120,414 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $49,470 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,470 |
| Total Program Service Revenue | $14,685,130 |
| Investment income | $1,213,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,194,272 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,207,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,616,000 |
| Grants and other assistance to domestic individuals. | $100,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $912,333 |
| Compensation of current officers, directors, key employees. | $182,467 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,326,573 |
| Pension plan accruals and contributions | $169,800 |
| Other employee benefits | $287,561 |
| Payroll taxes | $111,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $199,696 |
| Fees for services: Accounting | $93,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $273,006 |
| Office expenses | $105,951 |
| Information technology | $22,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,765 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $116,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,992 |
| Insurance | $115,961 |
| All other expenses | $0 |
| Total functional expenses | $20,355,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,621,811 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $137,711 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $415,759 |
| Net Land, buildings, and equipment | $131,106 |
| Investments—publicly traded securities | $62,204,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,510,603 |
| Accounts payable and accrued expenses | $682,575 |
| Grants payable | $0 |
| Deferred revenue | $1,688,263 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,370,838 |
| Net assets without donor restrictions | $64,139,765 |
| 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 | $66,510,603 |
Grants Awarded
Over the last fiscal year, Sugar Bowl Louisiana Superdome has awarded $11,616,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Irving, TX PURPOSE: TO SUPPORT THE CONFERENCE AS PART OF A PAYOUT FOR PARTICIPATING IN THE ANNUAL ALLSTATE SUGAR BOWL. | $5,500,000 |
Birmingham, AL PURPOSE: TO SUPPORT THE CONFERENCE AS PART OF A PAYOUT FOR PARTICIPATING IN THE ANNUAL ALLSTATE SUGAR BOWL. | $5,500,000 |
New Orleans, LA PURPOSE: TO SUPPORT THE NEW ORLEANS AREA HABITAT FOR HUMANITY'S RELIEF EFFORTS FOLLOWING HURRICANE IDA. | $125,000 |
New Orleans, LA PURPOSE: TO SUPPORT NEW SCHOOLS FOR NEW ORLEANS' MEDIA CAMPAIGN AND TEACHER INITIATIVE EVENTS. | $125,000 |
New Orleans, LA PURPOSE: TO SUPPORT THE SECOND HARVEST FOOD BANK'S RELIEF EFFORTS FOLLOWING HURRICANE IDA. | $125,000 |
Independence, OH PURPOSE: TO SUPPORT NORD'S JOE BROWN PARK THROUGH MAINTENANCE AND PROGRAMMING. | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sugar Bowl Louisiana Superdome has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
New Orleans College Football Championship Host Committee New Orleans, LA PURPOSE: FOR OPERATING SUPPORT IN FUTURE YEARS | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sugar Bowl Louisiana Superdome New Orleans, LA | $66,510,603 | $18,207,173 |
United States Bowling Congress Inc Arlington, TX | $43,212,080 | $16,821,741 |
Spirit Golf Association The Woodlands, TX | $13,402,948 | $7,337,039 |
Houston Marathon Committee Houston, TX | $3,423,788 | $6,041,457 |
North American Prospect Hockey League Dallas, TX | $969,762 | $3,250,253 |
Ibc Youth Bowling Inc Arlington, TX | $4,392,185 | $2,638,582 |
Dallas White Rock Marathon Dallas, TX | $935,538 | $2,152,497 |
Cowtown Marathon Inc Fort Worth, TX | $1,036,518 | $2,018,808 |
New Orleans Bowl Inc Metairie, LA | $2,170,693 | $2,129,324 |
Town And Country Optimist Foundation Austin, TX | $1,110,634 | $1,534,736 |
United States Bowling Congress Inc Bryan, TX | $908,410 | $1,160,070 |
Alliance Youth Hockey Association Dallas, TX | $201,514 | $1,030,393 |