2014-05-02T13:35:41-05:00 2013-06-30 BKD LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2012-07-01 486033929 Kansas Athletics Incorporated % PATRICK KAUFMAN KANS 7858647970 1651 Naismith Drive Suite Lawrence KS 66045 SHEAHON ZENGER 8162216300 2014-05-15 true 8162216300 2012 2015-11-30 17:44:51Z SHEAHON ZENGER 1651 Naismith Drive Lawrence KS 66045 91857362 false X WWW.KUATHLETICS.COM X 1925 KS KANSAS ATHLETICS OPERATES STUDENT ATHLETIC TEAMS AND MANAGES INTERCOLLEGIATE ATHLETIC CONTESTS, PER UNIVERSITY AND NCAA REGULATIONS AND PROVIDES SCHOLARSHIPS AND OTHER SUPPORT TO THE STUDENT-ATHLETES. 7 0 822 88 541198 -42465 22446377 32249068 36200156 43687757 475078 1590394 12742278 14280143 71863889 91807362 9950673 10826027 0 0 35413750 30025844 0 0 2273446 33972200 38415071 79336623 79266942 -7472734 12540420 78409729 91716823 83249027 83161650 -4839298 8555173 X SEE SCHEDULE O false false 61735108 10826027 46052634 The organization operated 18 varsity athletic teams consisting of nearly 600 student athletes. Support provided to student athletes included scholarships, athletic training, academic support, and strength and conditioning training. 61735108 true true false false false false false true false true true false false true true true false true false false true false true false false false false true true true true false false false false false false false false true false true true false false true true false false false true 223 0 true 822 true true true false false false false true true false false false false X 7 0 true false true false false true true true true false false true true true true true true true true false KS X X PATRICK KAUFMAN 7858647970 1651 NAISMITH DRIVE LAWRENCE KS 66045 X BERNADETTE GRAY-LITTLE 10.0 40.0 X X 0 465206 82134 JEFFREY VITTER 1.0 49.0 X X 0 390516 43338 THERESA GORDZICA 2.0 48.0 X X 0 130161 32099 SHEAHON ZENGER 50.0 X X 0 532741 40652 SUSAN STAGG-WILLIAMS 20.0 30.0 X 0 130416 29342 TAMMARA DURHAM 1.0 49.0 X 0 134315 29396 MARCUS TETWILER 1.0 15.0 X 0 6478 0 HANNAH BOLTON 1.0 15.0 X 0 13260 0 PAT KAUFMAN 50.0 X 112293 0 14384 SEAN LESTER 50.0 X 251613 0 31836 JAMES MARCHIONY 50.0 X 211659 0 33496 DEBBIE VAN SAUN 50.0 X 207745 0 25912 BILL SELF 60.0 X 4052929 0 34906 CHARLES J WEIS 60.0 X 2582050 0 34825 BONNIE HENRICKSON 60.0 X 545943 0 26202 DAVID CAMPO 60.0 X 495422 0 12795 ROBERT IANELLO 60.0 X 307721 0 37179 KURTIS TOWNSEND 60.0 X 329998 0 36644 JOSEPH DOOLEY 60.0 X 319782 0 35771 MARLESA RONEY 0.0 50.0 X 0 96197 17426 DANNY ANDERSON 0.0 50.0 X 0 268679 41938 JERRY BAILEY 0.0 40.0 X 0 163382 27854 SUSAN WACHTER 20.0 X 102899 0 19623 TURNER GILL JR 0.0 0.0 X 4238234 0 0 LARRY KEATING 50.0 X 228429 0 33860 DANNY MANNING 60.0 X 132944 0 12095 CHARLES LONG 60.0 X 355922 0 34575 14475583 2331351 768282 55 true true false UNIVERSITY OF KANSAS SEE SCHEDULE O 4911237 PACIOLAN SYSTEMS INC TICKETING SOFTWARE 521777 CROWD SYSTEMS EVENT STAFFING 514102 ISS FACILITYBUILDING SERVICES CUSTODIAL/TRASH 430837 MUELLER BRESSLER BROWN MARKETING/ AD SALES 307930 16 32249068 577143 32249068 Sports Activities 900099 19142770 19142770 Big XII Conference/NCAA 900099 20789319 20789319 Student Activity Fees 900099 1104748 1104748 Concession and Parking Sales 900099 885042 885042 Direct Institutional Support 900099 1765878 1765878 43687757 347577 347577 0 11915266 11915266 147558 0 147558 0 147558 125601 21957 1242817 1242817 1242817 1242817 0 0 174904 50000 124904 124904 JAYHAWK TENNIS CENTER 900099 394337 394337 OTHER REVENUE 900099 1698078 1698078 1698078 1698078 2092415 91807362 45511436 541198 13505660 124168 124168 9680948 9680948 1020911 1020911 0 7433638 7433638 33261 33261 18040345 11554020 5553085 933240 1294115 916136 304482 73497 1862509 1243253 561514 57742 1361976 1001284 292976 67716 0 292848 142748 150100 85828 85828 0 0 0 6314713 3937133 2332531 45049 1538879 3361 1174326 361192 4138718 2997122 1016036 125560 0 0 2637359 1787007 808406 41946 9317742 8686390 475630 155722 0 36870 36870 2336036 1868829 467207 0 1545051 1236041 309010 618700 109273 509427 ADIDAS UNIFORMS/EQUIPMENT 1790000 1790000 EVENT MANAGMENT 1507946 1507946 GAME GUARANTEES 1681887 1681887 BAD DEBTS 1300678 1300678 3271816 1679074 1180960 411782 79266942 61735108 15258388 2273446 4538861 3351394 0 0 16478521 20821831 2961868 5552396 0 0 0 0 0 0 262297 281565 574345 460588 19799322 5724991 12545263 14074331 0 0 0 0 0 0 0 0 41048574 47174718 78409729 91716823 9592877 8084639 5218277 4906404 15953537 17823789 43040000 41780000 0 0 0 0 3159613 4431791 6000000 6000000 284723 135027 83249027 83161650 X -54216130 -49504687 33035643 40749412 16341189 17310448 -4839298 8555173 78409729 91716823 X 12540420 1046086 -192035 X false true X true false X false false false 33846846 14353549 17787806 22446377 32249068 120683646 35247587 36426097 36668069 34759263 41921879 185022895 0 0 1976277 1832971 1582429 1440893 1765878 8598448 71070710 52612617 56038304 58646533 75936825 314304989 5277310 936866 2213746 2332826 1761396 12522144 8620016 11493644 12398225 13351512 19888866 65752263 13897326 12430510 14611971 15684338 21650262 78274407 236030582 11406940 12254992 11504066 10612447 12410401 58188846 0 11406940 12254992 11504066 10612447 12410401 58188846 0 2699951 2074974 2395330 2076256 1698078 10944589 85177601 66942583 69937700 71335236 90045304 383438424 0.61556 0.63634 0.15176 0.15582 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 26059340 969259 2171777 0 1215918 69057 27915401 27510791 366722 -788497 0 956788 72888 26059340 23451288 126240 4271286 0 275890 62133 27510791 27153721 8589011 205137 0 12421626 74955 23451288 30173121 9811110 -533419 0 12124384 172707 27153721 0.00000 0.62010 0.37990 true false 753401 753401 7380330 772714 6607616 1090710 540692 550018 9053846 3850502 5203345 1521033 561082 959951 14074331 Debt Service Reserve 4556001 Deposits with KU Endowment 41752367 Bond Issue Cost 584207 DEFERRED INCOME 282143 47174718 0 Bond Issuance Premium 135027 Capital Lease Obligation 0 135027 93650448 1046086 747000 50000 1843086 91807362 91807362 80063942 747000 50000 797000 79266942 79266942 COLLECTIONS OF ART, HISTORICAL TREASURES, OR SIMILAR ASSETS SCHEDULE D, PART III, LINE 4 KANSAS ATHLETICS, INCORPORATED MAINTAINS A COLLECTION OF VARIOUS ATHLETIC MEMORABILIA FOR PUBLIC EXHIBITION. THE COLLECTION FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY SUPPORTING THE INTERCOLLEGIATE ATHLETIC PROGRAM FOR THE UNIVERSITY AND PROVIDING A RECORD OF HISTORICAL EVENTS. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE ORGANIZATION'S INTENDED USE OF THE ENDOWMENT FUNDS IS FOR SCHOLARSHIPS, FELLOWSHIPS, AWARDS, SALARIES, SERVICES AND OTHER ORGANIZATIONAL SUPPORT. UNCERTAIN TAX POSITIONS DISCLOSURE SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED ITS INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 2D COST OF GOODS SOLD $ 50,000 RECONCILIATION OF EXPENSES PER AUDIT REPORT SCHEDULE D, PART XII, LINE 2D COST OF GOODS SOLD $ 50,000 true Central America and the Caribbean Program Services RECRUITING 15537 Central America and the Caribbean Program Services BASEBALL TEAM TOUR 195749 East Asia and the Pacific Program Services RECRUITING 6967 Europe (Including Iceland and Greenland) Program Services RECRUITING 28848 Europe (Including Iceland and Greenland) Program Services MEN'S BBALL TEAM TOUR 273136 Europe (Including Iceland and Greenland) Program Services SOCCER TEAM TOUR 124550 North America Program Services RECRUITING 6080 Russia and the Newly Independent States Program Services RECRUITING 3638 South America Program Services RECRUITING 20544 Sub-Saharan Africa Program Services RECRUITING 3723 Central America and the Caribbean Program Services EDUCATIONAL SERVICES 82812 East Asia and the Pacific Program Services EDUCATIONAL SERVICES 90500 Europe (Including Iceland and Greenland) Program Services EDUCATIONAL SERVICES 193226 Middle East and North Africa Program Services EDUCATIONAL SERVICES 42004 North America Program Services EDUCATIONAL SERVICES 117222 Russia and the Newly Independent States Program Services EDUCATIONAL SERVICES 261676 South America Program Services EDUCATIONAL SERVICES 200378 Sub-Saharan Africa Program Services EDUCATIONAL SERVICES 33094 Central America and the Caribbean Grantmaking 82812 East Asia and the Pacific Grantmaking 90500 Europe (Including Iceland and Greenland) Grantmaking 193226 Middle East and North Africa Grantmaking 42004 North America Grantmaking 117222 Russia and the Newly Independent States Grantmaking 261676 South America Grantmaking 200378 Sub-Saharan Africa Grantmaking 33094 1666590 1054006 2720596 ROOM & BOARD Central America and the Caribbean 2 37963 CHECK ROOM & BOARD East Asia and the Pacific 3 37089 CHECK ROOM & BOARD Europe (Including Iceland and Greenland) 5 65471 CHECK ROOM & BOARD Middle East and North Africa 1 14872 CHECK ROOM & BOARD North America 4 34048 CHECK ROOM & BOARD Russia and the Newly Independent States 8 113035 CHECK ROOM & BOARD South America 5 73492 CHECK ROOM & BOARD Sub-Saharan Africa 2 9045 CHECK TUITION & BOOKS Central America and the Caribbean 2 44849 CHECK TUITION & BOOKS East Asia and the Pacific 3 53411 CHECK TUITION & BOOKS Europe (Including Iceland and Greenland) 5 127755 CHECK TUITION & BOOKS Middle East and North Africa 1 27132 CHECK TUITION & BOOKS North America 4 83174 CHECK TUITION & BOOKS South America 5 126886 CHECK TUITION & BOOKS Russia and the Newly Independent States 7 148641 CHECK TUITION & BOOKS Sub-Saharan Africa 2 24049 CHECK false false false false false false MONITORING THE USE OF GRANTS OUTSIDE THE UNITED STATES SCHEDULE F, PART I, LINE 2 MONITORING OF FUNDS (Part I, Line 3): The organization ensures funds are used for its intended purpose by expending such funds directly to the goods/services provider (and not to the student-athlete recipient) whenever possible. The two largest components of assistance, tuition and on-campus housing, are paid directly to the University of Kansas who provides such services and bills the organization directly. Recipients of off-campus housing assistance are required to submit a copy of their housing lease prior to disbursement. ACCOUNTING METHOD (Part I, Line 3, Col F): Schedule F Part I Line 3 uses the accrual method of accounting. ACCOUNTING METHOD (Part III): Schedule F Part III uses the accrual method of accounting. ESTIMATED NUMBER OF RECIPIENTS (Part III, Col C): The number of recipients in column C represents the precise number of scholarship athletes by region who have received grant-in-aid assistance. true THE SALVATION ARMY 946 NEW HAMPSHIRE LAWRENCE KS 66044 440545998 501(C)(3) 10000 PROGRAM SUPPORT CALLED TO GREATNESS INC PO BOX 550 LAWRENCE KS 66044 412177036 501(C)(3) 20000 PROGRAM SUPPORT BIG BROTHERS & BIG SISTERS 536 FIRESIDE COURT LAWRENCE KS 66044 481047904 501(C)(3) 10000 PROGRAM SUPPORT LAWRENCE MEM HOSP 325 MAINE LAWRENCE KS 66044 480771515 501(C)(3) 9850 PROGRAM SUPPORT BOY'S & GIRL'S CLUB OF LAWRENCE PO BOX 748 LAWRENCE KS 66044 237296824 501(C)(3) 10000 PROGRAM SUPPORT HANNAH & FRIENDS 51250 HOLLYHOCK RD SOUTH BEND IN 46637 300171137 501(C)(3) 27500 PROGRAM SUPPORT KANSAS UNIVERSITY PO BOX 928 LAWRENCE KS 66044 480547734 501(C)(3) 5318 PROGRAM SUPPORT KANSAS ALUMNI ASSOCIATION 1266 OREAD AVE LAWRENCE KS 66045 480291250 501(C)(3) 10000 PROGRAM SUPPORT BIG BROTHERS & BIG SISTERS 3908 WASHINGTON ST KANSAS CITY MO 64111 436068464 501(C)(3) 5500 PROGRAM SUPPORT NACWAA 2024 MAIN STREET 1W KANSAS CITY MO 64108 562186122 501(C)(3) 6000 PROGRAM SUPPORT 10 LOCAL LODGING COSTS AND PER DIEM 501 230677 ROOM AND BOARD 311 2681287 BOOKS 311 169506 TEAM MEALS 501 120204 TRAINING TABLE MEALS 501 991556 TUITION 309 5611886 MONITORING USE OF GRANTS SCHEDULE I, PART I, LINE 2 THERE IS NO FORMAL PROCESS FOR MONITORING THE USE OF GRANT FUNDS TO ORGANIZATIONS, HOWEVER, ALL GRANTS GIVEN TO 501(C)(3) TAX EXEMPT ORGANIZATIONS THAT ARE ELIGIBLE TO RECEIVE CHARITIABLE CONTRIBUTIONS. FINANCIAL AID GRANTS ARE AWARDED TO STUDENT ATHLETES AT THE UNIVERSITY OF KANSAS. THE GRANTS MAY CONSIST OF ANY OR ALL OF THE FOLLOWING: TUITION, ROOM AND BOARD, PER DIEM AND LODGING DURING SCHOOL BREAKS WHEN CAMPUS FACILITIES ARE CLOSED, BOOKS, TRAINING TABLE MEALS IN LIEU OF BOARD PAYMENTS, AND OCCASIONAL TEAM MEALS. STUDENT ATHLETES MUST MEET CERTAIN ACADEMIC STANDARDS AND ELIGIBILITY STANDARDS PER NCAA RULES TO RECEIVE FINANCIAL AID. THIS INFORMATION IS VERIFIED BY THE FINANCIAL AID COORDINATOR AND NCAA COMPLIANCE OFFICE. FINANCIAL AID AWARD LETTERS ARE PREPARED FOR EACH STUDENT ATHLETE FOR THE AMOUNT OF THEIR AWARD. THE DIRECTOR OF STUDENT FINANCIAL AID REVIEWS THE BILLS FROM THE VARIOUS UNITS ON CAMPUS TO VERIFY ACCURACY AND APPROVE FOR PAYMENT. THE BUSINESS OFFICE WRITES CHECKS TO APPROPRIATE VENDORS FOR THE GRANTS IN AID. X X X X true true X X X X true true false false false false false false false BERNADETTE GRAY-LITTLE 0 407786 0 0 0 57421 0 21254 0 60880 0 547340 0 0 JEFFREY VITTER 0 365208 0 0 0 25308 0 21250 0 22088 0 433854 0 0 THERESA GORDZICA 0 129729 0 0 0 432 0 11798 0 20301 0 162260 0 0 SHEAHON ZENGER 0 494008 0 0 0 38734 0 21250 0 19402 0 573393 0 0 SUSAN STAGG-WILLIAMS 0 130296 0 0 0 120 0 11367 0 17975 0 159758 0 0 TAMMARA DURHAM 0 134124 0 0 0 191 0 11945 0 17451 0 163711 0 0 SEAN LESTER 194027 0 33333 0 24253 0 17000 0 14836 0 283449 0 0 0 JAMES MARCHIONY 164979 0 0 0 46680 0 16575 0 16921 0 245155 0 0 0 DEBBIE VAN SAUN 182535 0 0 0 25210 0 15810 0 10102 0 233657 0 0 0 BILL SELF 2929991 0 150000 0 972938 0 20825 0 14081 0 4087835 0 0 0 CHARLES J WEIS 2493747 0 0 0 88303 0 19550 0 15275 0 2616875 0 0 0 BONNIE HENRICKSON 383952 0 19733 0 142258 0 20825 0 5377 0 572145 0 0 0 DAVID CAMPO 459940 0 0 0 35483 0 0 0 12795 0 508217 0 0 0 ROBERT IANELLO 295808 0 0 0 11913 0 20825 0 16354 0 344900 0 0 0 KURTIS TOWNSEND 261670 0 39000 0 29328 0 20825 0 15819 0 366642 0 0 0 JOSEPH DOOLEY 260970 0 39000 0 19813 0 20825 0 14946 0 355553 0 0 0 MARLESA RONEY 0 78493 0 0 0 17704 0 8291 0 9135 0 113623 0 0 DANNY ANDERSON 0 260185 0 0 0 8494 0 23309 0 18629 0 310617 0 0 JERRY BAILEY 0 157274 0 0 0 6108 0 13633 0 14221 0 191236 0 0 SUSAN WACHTER 76532 0 0 0 26367 0 7963 0 11660 0 122522 0 0 0 TURNER GILL JR 0 0 0 0 4238234 0 0 0 0 0 4238234 0 0 0 DANNY MANNING 59271 0 39000 0 34674 0 6892 0 5203 0 145039 0 0 0 LARRY KEATING 206190 0 0 0 22239 0 18275 0 15585 0 262289 0 0 0 CHARLES LONG 0 0 0 0 355922 0 20825 0 13750 0 390497 0 0 0 BENEFITS RECEIVED SCHEDULE J, PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: Sheahon Zenger, Larry Keating, Sean Lester, James Marchiony, Debbie Van Saun, CHARLES J. WEIS, Bill Self, Bonnie Henrickson, AND DAVID CAMPO. BENEFIT IS 100% FOR BUSINESS PURPOSES AND THEREFORE HAS NOT BEEN INCLUDED ON THE W-2 AS TAXABLE INCOME. TRAVEL FOR COMPANIONS: TRAVEL FOR COMPANIONS: SUSAN WACHTER, LARRY KEATING, JAMES MARCHIONY, BILL SELF, CHARLIE WEIS, JOE DOOLEY, SEAN LESTER, SHEAHON ZENGER, BONNIE HENRICKSON, AND DEBBIE VAN SAUN. THE VALUE OF THE TRAVEL HAS BEEN INCLUDED ON THE EMPLOYEE'S W-2 AS APPLICABLE, BASED ON IRS REGULATIONS. GROSS UP PAYMENTS: BILL SELF, BONNIE HENRICKSON, AND JOHN HADL. 100% OF THE FMV OF THE BENEFIT HAS BEEN INCLUDED ON EACH INDIVIDUAL W-2 AS TAXABLE COMPENSATION. SOCIAL CLUB DUES: SHEAHON ZENGER, SUSAN WACHTER, LARRY KEATING, SEAN LESTER, JAMES MARCHIONY, DEBBIE VAN SAUN, BILL SELF, BONNIE HENRICKSON, CHARLES J. WEIS, AND JOHN HADL. 100% OF THE FMV OF THE BENEFIT HAS BEEN INCLUDED ON EACH INDIVIDUAL W-2 AS TAXABLE COMPENSATION. SEVERANCE PAYMENT RECEIVED SCHEDULE J, PART I, LINE 4A TURNER GILL, JR. $ 4,238,234 CHARLES LONG $ 350,298 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B BERNADETTE GRAY-LITTLE $ 25,000 BILL SELF $ 500,000 BONNIE HENRICKSON $ 100,000 PAYMENTS FOR BILL SELF AND BONNIE HENRICKSON REPRESENT DEFERRED COMPENSATION PAYMENTS EARNED AND REPORTED IN PREVIOUS YEARS' FORMS 990 AND W-2. COMPENSATION PAID BY RELATED ORGANIZATION SCHEDULE J, PART II & FORM 990, PART VII COMPENSATION REPORTED FOR JERRY BAILEY, THERESA GORDZICA, BERNADETTE GRAY-LITTLE, ELIZABETH ANN JOHNSON, HANNAH BOLTON, JEFFREY VITTER, TAMMARA DURHAM, SHEAHON ZENGER, MARLESA RONEY, AND DANNY ANDERSON WAS PAID BY THE UNIVERSITY OF KANSAS, A RELATED ORGANIZATION. KANSAS ATHLETICS INC. REIMBURSES THE UNIVERSITY OF KANSAS FOR A PORTION OF SHEAHON ZENGER'S COMPENSATION. A KANSAS DEVELOPMENT FINANCE AUTHORITY 481066589 48542BQ66 2004-12-07 18244543 REFINANCE 1998 ISSUE false false false B KANSAS DEVELOPMENT FINANCE AUTHORITY 481066589 48452ktv1 2008-07-23 32615566 CONSTRUCTION false false false A 7124813 0 18184813 1419475 0 16581527 183811 0 0 0 0 0 2004 true false true true B 1732833 0 32452833 3101153 0 0 351680 0 0 29010160 0 0 2009 false false true true A false false false false 0.00000 0.00000 0.00000 false false false true B false false true true false true 0.01300 0.00000 0.01300 false false false true A false false false false false false 0 false false false 0 false false B false false false false false false 0 false false false 0 false false A true B true SEE SCHEDULE L PART V BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS SCHEDULE L, PART IV (A) KATIE KEATING (B) KATIE KEATING IS THE DAUGHTER OF LARRY KEATING (C) $33,261 (D) KATIE KEATING WAS EMPLOYED BY THE ORGANIZATION DURING THE FISCAL YEAR (E) NO X 82 577143 IRS TAXABLE FRINGE X 16 0 X 10 0 false true false NUMBER OF CONTRIBUTIONS SCHEDULE M, PART I, COLUMN B AMOUNTS ON SCHEDULE M, PART I, COLUMN B REPRESENT NUMBER OF CONTRIBUTIONS. REVENUE NOT REPORTED SCHEDULE M, PART I, LINE 33 NO REVENUES WERE REPORTED ON THE FINANCIAL STATEMENTS FOR DONATIONS OR COLLECTIBLES OR FOOD INVENTORY. MISSION STATEMENT FORM 990, PART III, LINE 1 Kansas Athletics operates intercollegiate athletic teams composed of students at the University of Kansas and schedules and manages intercollegiate athletic contests, all in harmony with and subject to the general educational policies of the University of Kansas and the Constitution of the National Collegiate Athletic Association. It provides scholarship opportunities, athletic training, student academic support services, strength and conditioning training, and athletic facilities for the student-athletes at the University. FAMILY RELATIONSHIP AND BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 2 Sheahon Zenger, Bernadette Gray-Little, Theresa Gordzica, Jeffrey Vitter, Marlessa Rooney, Danny Anderson, and Tammara Durham are or were all key employees of KU and on KAI Board. CHANGES TO ORGANIZATIONAL DOCUMENTS SINCE PRIOR 990 FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE FEBRUARY 7, 2013, THE BYLAWS WERE UPDATED TO MODIFY THE NAMES AND DUTIES OF THE AUDIT COMMITTEE. MEMBERS FORM 990, PART VI, SECTION A, LINE 7A The Chancellor of the University of Kansas has the right to appoint 1 Director and the Provost of the University of Kansas, Lawrence campus has the right to appoint 1 Director. DECISIONS OF GOVERNING BODY SUBJECT TO APPROVAL FORM 990, PART VI, SECTION A, LINE 7B The Chancellor of the University of Kansas has ultimate responsibility and final authority for the conduct and administration of all aspects of the athletics program and the Chancellor may cause the corporation to proceed as he or she determines to be in the best interest of the athletics program and the University, notwithstanding decisions made by the Board of Directors. FORM 990 REVIEW FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH ASSISTANCE FROM THE ORGANIZATION'S MANAGEMENT. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE 990 PRIOR TO FILING. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE RETURN PRIOR TO FILING. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C Board of Directors, Officers, and key employees annually complete conflict of interest questionnaires. Questionnaires are reviewed by legal counsel and are brought to the Board of Directors for review should any conflicts be identified. Restrictions that have been imposed by the Board have included limitations on discussions and votes concerning financial matters of the department in which the conflict has been identified and such actions are noted in the Board minutes. In addition, Directors, Officers, and Key Employees are required to immediately disclose any possible conflicts of interest that arise throughout the year. COMPENSATION REVIEW FORM 990, PART VI, SECTION B, LINES 15A & 15B The Compensation Committee, consisting of four members of the Board of Directors, meets annually to review/approve the annual salary of all disqualified individuals and selected officers and key employees, plus other meetings as needed throughout the year to address any mid-year salary adjustments, new contracts for selected head coaches, and other matters. The committee met two times during the year ended 6/30/2013. No member of the committee participates in the discussion of his/her own salary. AVAILABILITY OF DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST, AND ITS FINANCIAL STATEMENTS AND IRS FORM 990 ARE POSTED ON ITS WEBSITE. INDEPENDENT CONTRACTORS FORM 990, PART VII, SECTION B, LINE 1 Services provided to the organization by the University of Kansas include facilities, technology, parking, and other administrative services. CHANGE IN OVERSIGHT OR SELECTION PROCESS FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT HANDLES THE OVERSIGHT OF THE AUDIT. NET ASSETS FORM 990, PART I, LINE 22 & PART X THE ORGANIZATION'S BALANCE SHEET REFLECTS NET ASSETS OF APPROXMIATELY $8.6 MILLION AND -$4.8 MILLION AS OF 6/30/13 AND 6/30/12, RESPECTIVELY, IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. WHILE SUCH RELATIVELY SMALL (OR EVEN NEGATIVE) NET ASSET BALANCES MIGHT NORMALLY BE AN INDICATOR OF AN ORGANIZATION'S INABILITY TO MEET ITS OBLIGATIONS AND/OR A SIGN OF CUMULATIVE OPERATING LOSSES, FOR KANSAS ATHLETICS INC. THIS IS NOT THE CASE. THE ORGANIZATION'S NET ASSETS AS OF 6/30/13 WOULD BE SIGNIFICANTLY LARGER, APPROX. $135.6 MILLION, IF IT WEREN'T FOR A STATE LAW REQUIRING THE ORGANIZATION TO TRANSFER ALL CONSTRUCTED OR RENOVATED ASSETS OFF ITS BOOKS AND ONTO THE BOOKS OF THE UNIVERSITY OF KANSAS ($127.0 MILLION OF TRANSFERED ASSETS OVER THE PAST 10+ YEARS). SEE BELOW: NET ASSETS AS REPORTED ON PART I, LINE 22 $ 8,555,173 ADD BACK: NET BOOK VALUE OF ASSETS TRANSFERRED TO UNIVERSITY'S BOOKS $ 127,010,168 -------------- $ 135,565,341 OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 TRANSFER OF ASSETS TO THE UNIVERSITY ($ 192,035) JAYHAWK TENNIS CENTER LLC 5200 CLINTON PARKWAY LAWRENCE KS 66047 271727240 TENNIS CLUB KS 131890 2830380 KAI UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE KS 66045 481124839 EDUCATION KS GOVERNMENT NA false UNIVERSITY OF KANSAS MEMORIAL CORPORATIO 1301 JAYHAWK BLVD LAWRENCE KS 66045 486033927 RETAIL KS 501(C)(3) 5 UNIV OF KS false UNIVERSITY OF KANSAS CENTER FOR RESEARCH 2385 IRVING HILL ROAD LAWRENCE KS 66045 480680117 ADMIN KS 501(C)(3) 5 UNIV OF KS false KU HEALTH PARTNERS INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481149398 HEALTHCARE KS 501(C)(3) 5 UNIV OF KS false KU MEDICAL CENTER RESEARCH INSTITUTE INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481108830 ADMIN KS 501(C)(3) 11A NA false KU CENTER FOR TECH COMMERCIALIZATION INC 3901 RAINBOW BLVD KANSAS CITY KS 66160 262838693 PATENTS KS 501(C)(3) 11A KUMCRI false KU MEDICAL CENTER RESEARCH PROPERTIES 3901 RAINBOW BLVD KANSAS CITY KS 66160 481172394 REAL ESTATE KS 501(C)(2) KUMCRI false STUDENT UNION CORP OF UNIV OF KS MED CTR 3901 RAINBOW BLVD KANSAS CITY KS 66160 480581966 RETAIL KS 501(C)(3) 9 UNIV OF KS false PRECEDE FUND LC 3901 RAINBOW BLVD KANSAS CITY KS 66160 481210094 INVESTMENT KS KUMCRI RELATED 0 0 false false 0.00000 false true true false false false false false false false false false true true true false false true false