2011-05-16T15:24:34-05:00 2010-06-30 Grant Thornton LLP 1201 Walnut Street Suite 1000 Kansas City MO 64106 990 2009-07-01 486033929 KANSAS ATHLETICS INCORPORATED KANS 7858647914 1651 NAISMITH DRIVE LAWRENCE KS 66045 Sheahon Zenger 2011-05-12 true KIMBERLY SCHRANT 8164122400 2009 2016-02-24 21:20:13Z Jerry Bailey 1651 NAISMITH DRIVE LAWRENCE KS 66045 67181770 false X www.kuathletics.com X 1925 KS KANSAS ATHLETICS, INCORPORATED FUNCTIONS TO OPERATE THE INTERCOLLEGIATE ATHLETIC PROGRAM FOR THE UNIVERSITY ON THE VARSITY LEVEL. THE PRIMARY SOURCE OF REVENUE IS DERIVED FROM ATHLETIC EVENTS. 6 0 732 62 311774 35823123 16186520 35247587 36426097 2134757 1186062 12006870 13291449 85212337 67090128 8006843 8844240 0 0 26607308 26151537 0 0 3607105 29805766 32585254 64419917 67581031 20792420 -490903 143475290 134001163 93670643 83030320 49804647 50970843 KANSAS ATHLETICS INCORPORATED, A KANSAS NOT-FOR-PROFIT CORPORATION, OPERATES UNDER THE ADMINISTRATIVE JURISDICTION OF THE UNIVERSITY OF KANSAS, AND IS SUBJECT TO ALL REGULATIONS AND ADMINISTRATIVE POLICIES OF THE UNIVERSITY. THE CORPORATION FUNCTIONS TO OPERATE THE INTERCOLLEGIATE ATHLETIC PROGRAM FOR THE UNIVERSITY ON THE VARSITY LEVEL. THE PRIMARY SOURCE OF REVENUE IS DERIVED FROM ATHLETIC EVENT TICKET SALES, CONFERENCE DISTRIBUTIONS, AND CONTRIBUTIONS. false false 42151302 8467171 34426097 INTERCOLLEGIATE ATHLETIC COMPETITION FOR THE UNIVERSITY OF KANSAS STUDENTS INCLUDING SPORTS ACTIVITIES, SCHOLARSHIPS, ATHLETIC TRAINING, STUDENT SUPPORT SERVICES, STRENGTH DEVELOPMENT, AND ATHLETIC FACILITIES. 42151302 true true false false false false true false true true false true false false false false false false false false false false true true true false false false false false false false false false false true false false false true true false false false true 245 0 true 732 true true true false false false false false false false false 6 0 false false false true false false false true true true false true true true true true true true true false KS X X SUSAN WACHTER 7858647914 1651 NAISMITH DRIVE LAWRENCE KS 66045 JERRY BAILEY 20.0 X 0 157469 29118 THERESA GORDZICA 2.0 X X 0 131751 26403 LEW PERKINS 50.0 X X 0 4521883 149672 MARLESA RONEY 1.0 X 0 187312 30754 DANNY ANDERSON 1.0 X 0 102388 16230 MICHAEL SMITH 1.0 X 0 2027 14 MASON HEILMAN 1.0 X 0 7435 186 SUSAN WACHTER 50.0 X 125251 0 35402 LARRY KEATING 50.0 X 233109 0 55807 SEAN LESTER 50.0 X 214771 0 52503 JAMES MARCHIONY 50.0 X 214400 0 52756 DEBBIE VAN SAUN 50.0 X 176676 0 44403 CHRISTOPHER HOWARD 50.0 X 138719 0 40768 MARK MANGINO 60.0 X 1959357 0 108971 BILL SELF 60.0 X 1066806 0 86693 BONNIE HENRICKSON 60.0 X 1834008 0 100110 EDMOND P WARINNER 60.0 X 317667 0 66851 CLINT A BOWEN 60.0 X 282353 0 65599 RICHARD LARIVIERE 1.0 X 0 151800 23446 6563117 5262065 985686 49 true true false FIELDTURF USA 2308 DALTON INDUSTRIAL CT DALTON GA 30721 LANDSCAPING 820344 FIRST CONSTRUCTION LLC 601 N IOWA LAWRENCE KS 66044 CONSTRUCTION 2867914 BCLT LLC 1651 NAISMITH DRIVE LAWRENCE KS 66045 MEDIA 2270100 JAYHAWK SPORTS MKTGIMG COMMUNICATI 546 E MAIN ST LEXINGTON KY 40508 MARKETING 648974 GOULD EVANS ASSOCIATES LC 706 MASSACHUSETTS ST LAWRENCE KS 66044 ARCHITECTURE 578273 37 16186520 1116871 16186520 SPORTS ACTIVITIES 22523365 22523365 BIG XII CONF/NCAA 11895975 11895975 STUDENT ACTIVITY FEES 1948967 1948967 LTR WINNER/BOOSTER CLUBS 57790 57790 36426097 1186062 1186062 0 7586201 7586201 0 0 0 239187 91642 147545 147545 TRADEMARK/LICENSE 3482729 3482729 OTHER INCOME 1400002 1400002 PROMOTIONS 510743 510743 164229 164229 5557703 67090128 41819571 311774 8772263 0 8844240 8844240 0 0 1223912 1223912 0 21322270 16343814 3716530 1261926 1257043 880063 287906 89074 1156829 797405 278859 80565 1191483 826073 284522 80888 0 0 90 90 0 0 0 0 431664 37224 358005 36435 0 0 0 0 5733273 5302580 338598 92095 0 0 2576323 254600 2321723 0 1006854 14146 992708 519468 81032 438436 SUPPLIES 1312932 650593 538218 124121 TELEPHONE 549703 298768 223480 27455 POSTAGE AND SHIPPING 182011 106050 48232 27729 EQUIPMENT RENTAL 745261 208802 522169 14290 PRINTING AND PUBLICATIONS 610910 267070 253218 90622 18916765 7493352 9741508 1681905 67581031 42405902 21568024 3607105 5143142 2813380 28425750 19263302 7578859 4898129 616628 636447 70434368 8395326 39884480 62039042 61826431 44350863 143475290 134001163 5738417 3993858 46565000 45430000 6000000 6000000 35367226 27606462 93670643 83030320 X -940923 10313043 27729149 17348913 23016421 23308887 49804647 50970843 143475290 134001163 X false true true X false X false false false 26752644 19085125 39544503 35823123 16186520 137391915 24754276 28113484 29718951 35247587 36426097 154260395 503268 446269 949537 52010188 47644878 69263454 71070710 52612617 292601847 292601847 9397782 10288210 12958644 7935873 8772263 49352772 9397782 10288210 12958644 7935873 8772263 49352772 627980 1409251 1350540 6171018 5557703 15116492 62035950 59342339 83572638 85177601 66942583 357071111 0.81945 0.84112 0.13822 0.12920 X OTHER INCOME INCLUDES TRADEMARK, LICENSING, APPAREL REVENUE, JAYHAWK TENNIS FACILITY REVENUE, PROMOTIONS REVENUE, AND MISCELLANEOUS REVENUE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 32387995 8589011 130182 12421626 28685562 35407395 9811110 -706126 12124384 32387995 0.02830 0.97110 0.00060 true false 680000 680000 7378229 198740 7179490 3120021 50000 3070021 9349099 7019601 2329498 49907019 1126985 48780033 62039042 DEPOSITS WITH KU ENDOWMENT 36542214 DEBT SERVICE RESERVE 6801369 BOND ISSUE COST 1007280 44350863 0 ACCRUED EXPENSES 5721608 ADVANCE TICKET SALES 11551751 ACCRUED INTEREST PAYABLE 260964 BOND ISSUANCE PREMIUM 214195 CAPITAL LEASE OBLIGATION 1816442 CONTRIBUTIONS PAYABLE 5192489 DUE TO KANSAS UNIVERSITY ENDOW 0 NOTES PAYABLE - JAYHAWK TENNIS FACILITY 2849013 27606462 67090128 67581031 -490903 2378033 -720933 1657100 1166197 69568614 2378033 100453 2478486 67090128 67090128 67581031 67581031 67581031 SCHEDULE D, PART X, 2 SUPPLEMENTAL INFORMATION The Corporation is generally exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, the Corporation may be subject to the tax on unrelated business income. The Corporation is not subject to state income taxes. The Corporation applies the provisions of FIN 48, Income Taxes, with respect to uncertain tax positions. FIN 48 requires that all tax positions be evaluated using a recognition threshold and measurement of a tax position taken or expected to be taken in a tax return. Differences between positions taken in a tax return and amounts recognized in the financial statements are recorded as adjustments to income taxes payable or receivable, or adjustments to deferred taxes, or both. FIN 48 also requires expanded disclosures at the end of each annual reporting period. No amounts have been recorded at June 30, 2010 or 2009 with respect to uncertain tax positions. SCHEDULE D, PART III, 4 ORGANIZATION'S COLLECTIONS KANSAS ATHLETICS, INCORPORATED MAINTAINS A COLLECTION OF VARIOUS DONATED ATHLETIC MEMORABILIA FOR PUBLIC EXHIBITION. THE COLLECTION IS NOT INCLUDED ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE COLLECTION FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY SUPPORTING THE INTERCOLLEGIATE ATHLETIC PROGRAM FOR THE UNIVERSITY. SCHEDULE D, PART XI, 8 RECONCILIATION OF CHANGE IN NET ASSETS TRANSFER OF ASSETS TO UNIVERSITY -$720,933 SCHEDULE D, PART XII, 2D RECONCILIATION OF REVENUE INCOME RELATING TO UNRELATED BUSINESS ACTIVITIES $100,453 SCHEDULE D, PART V, 4 ENDOWMENT FUNDS The Organization's intended use of the endowment funds is for Scholarships, Fellowships, Awards, salaries, services and other organizational support. true LOCAL LODGING COSTS 543 53763 FAIR MARKET VALUE LODGING ROOM AND BOARD 9 1072631 FAIR MARKET VALUE ROOM AND BOARD BOOKS 256 241369 FAIR MARKET VALUE BOOKS SPIRIT SQUAD 53 35800 TEAM MEALS 391 39172 FAIR MARKET VALUE TEAM MEALS TUITION 349 4877266 FAIR MARKET VALUE TUITION EQUIPMENT 385 567112 FAIR MARKET VALUE EQUIPMENT LOCAL LODGING COSTS 508 101948 ROOM AND BOARD 257 1657244 BOOKS 135 17795 TUITION 1 113873 PROMOTIONAL WOMEN'S BASKETBALL EVENT 4951 65858 FAIR MARKET MISCELLANEOUS TEAM MEALS 6 409 SCHEDULE I, PART 1 GENERAL INFORMATION ON GRANTS AND ASSISTANCE FINANCIAL AID GRANTS ARE AWARDED TO STUDENT-ATHLETES AT THE UNIVERSITY OF KANSAS THE GRANTS MAY CONSIST OF ANY OR ALL OF THE FOLLOWING ITEMS: TUITION, ROOM AND BOARD, PER DIEM AND LODGING DURING SCHOOL BREAKS WHEN CAMPUS FACILITIES ARE CLOSED, BOOKS, TRAINING TABLE MAY BE AVAILABLE INSTEAD OF BOARD PAYMENTS, AND OCCASSIONAL 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 ASSISTANT ATHLETIC DIRECTOR FOR 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 false false false false false false false false JERRY BAILEY 0 156394 0 0 0 1075 0 13654 0 15464 0 186587 0 0 THERESA GORDZICA 0 130810 0 0 0 941 0 11421 0 14982 0 158154 0 0 LEW PERKINS 0 4485275 0 0 0 36608 0 31596 0 118076 0 4671555 0 0 MARLESA RONEY 0 186000 0 0 0 1312 0 16239 0 14515 0 218066 0 0 RICHARD LARIVIERE 0 151045 0 0 0 755 0 13304 0 10142 0 175246 0 0 LARRY KEATING 233109 0 0 0 0 0 17733 0 38074 0 288916 0 0 0 SEAN LESTER 214771 0 0 0 0 0 16150 0 36353 0 267274 0 0 0 JAMES MARCHIONY 214400 0 0 0 0 0 15993 0 36763 0 267156 0 0 0 DEBBIE VAN SAUN 176676 0 0 0 0 0 13175 0 31228 0 221079 0 0 0 MARK MANGINO 1959357 0 0 0 0 0 12798 0 96173 0 2068328 0 0 0 BILL SELF 1066806 0 0 0 0 0 12650 0 74043 0 1153499 0 0 0 BONNIE HENRICKSON 1834008 0 0 0 0 0 12988 0 87122 0 1934118 0 0 0 EDMOND P WARINNER 317667 0 0 0 0 0 13475 0 53376 0 384518 0 0 0 CLINT A BOWEN 282353 0 0 0 0 0 13482 0 52117 0 347952 0 0 0 CHRISTOPHER HOWARD 138719 0 0 0 0 0 10837 0 29931 0 179487 0 0 0 SUSAN WACHTER 125251 0 0 0 0 0 9541 0 25861 0 160653 0 0 0 SCHEDULE J, PART 1, 4A COMPENSATION Mark Mangino, THE Head Football Coach, RECEIVED a $3,000,000 severance payment. SCHEDULE J, PART 1, 1A COMPENSATION Travel for companions is reported as taxable income if there was not a business purpose for the person to be included. Health and social club dues are also reported as taxable income for the employee. Lew Perkins received a grossed-up, contractual, retention payment. KANSAS DEVELOPMENT FINANCE AUTHORITY 481066589 485428Q66 2004-12-07 18244543 Refinance 1998 Issue false false KANSAS DEVELOPMENT FINANCE AUTHORITY 481066589 48452KTV1 2008-07-23 32615566 Construction false false 18184813 1419475 16581527 183811 true false true true 32452833 3101153 351680 29010160 2009 false false true true false false false false false 0.00000 0.00000 true false false true false true 0.01300 0.01300 true false false false false false false false false false false false false X COURTESY VEHICLE 54 727000 FMV X TEAM PHYSICIAN SERVICES 5 32500 FMV X CUSTOM GIFTS 2 50000 FMV X FOOD AND BEVERAGE 7 91424 FMV X AIRPLANE USAGE 2 205947 FMV X PRINTED PRODUCTS 1 10000 FMV 0 false true false CONFLICT OF INTEREST POLICY PART VI, SECTION B, 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY PROVIDING A COPY TO THE BOARD OF DIRECTORS AND STAFF. INSTRUCTIONS FOR SELF REPORTING ARE INCLUDED IN THE POLICY. THE BOARD PROVIDES A COPY OF SUBSTANTIAL INTEREST FORM TO CORPORATE COUNSEL FOR REVIEW ANNUALLY. COMPENSATION REVIEW PART VI, SECTION B, 15B A compensation committee, as established in the bylaws, meets at least annually to review compensation of disqualified individuals. The compensation committee consists of at least three current board members. The organization's legal counsel provides comparable salary data utilizing conference and national data for comparable positions. Minutes of the meeting are recorded, reviewed and voted upon by the committee members. The minutes reflect discussion and decisions of the committee. FORM 990 REVIEW PART VI, SECTION B, 11A The information return was reviewed in depth by the audit committee of the governing body. The chief financial officer met separately with the secretary-treasurer and the other members of the audit committee. It was then forwarded to all members of the governing body in electronic form on the due date. DIVERSION OF ASSETS PART VI, SECTION A, 5 Individuals were indicted and subsequently plead guilty to selling complimentary tickets for their own personal benefit and gain. The individuals were able to manipulate the ticket system so that the theft of the complimentary tickets was not detected. The organization engaged Foulston Seifkin to investigate. Losses were in the range of $1 million to $3 million. As a result of the investigation, the organization has implemented many internal controls within the ticket office including hiring a new Ticket Office Director. In addition, the University hired a forensic auditor who reports to the University Director of Internal Audit. The forensic auditor is focusing her time on the internal controls within the ticket operation and the corporation as a whole. PUBLIC DISCLOSURE PART VI, SECTION C, 19 Various documents are available on the web site of the organization. Documents not posted there are availabe through the Kansas Open Records Act. ADDRESSES PART VI, SECTION A, 9 Michael Smith 1606 Sherman Street Goodland, KS 67735 Mason Heilman 2116 Terrace Road Lawrence, KS 66049 Richard Lariviere University of Oregon 110 Johnson Hall Eugene, OR 97403 Lew Perkins 1729 Lake Alvamar Drive Lawrence, KS 66047 HOURS WORKED FOR RELATED ORGANIZATIONS PART VII, COLUMN A The following individuals worked 45 hours per week for related organizations: Jerry Bailey Theresa Gordzica Lew Perkins Marlesa Roney Danny Anderson The following individuals worked 15 hours per week for related organizations: Michael Smith Mason Heilman Part VI, SECTION A, 5 Three "disqualified persons", as determined by Kansas Athletic, Incorporated's legal counsel, were indicted and subsequently plead guilty to selling complimentary tickets for their own personal benefit and gain. The amount of losses are indeterminable and were not authorized. THE INVESTIGATION IS CONTINUING AND ONCE MORE DETERMINABLE NUMBERS ARE FOUND ANY ADDITIONAL IRS REPORTING THAT WILL BE NECESSARY WILL BE COMPLETED. JAYHAWK TENNIS FACILITY 5200 CLINTON PARKWAY LAWRENCE KS 66047 271727240 Tennis Club KS 214229 3244245 Kansas Athle UNIVERSITY OF KANSAS 1450 JAYHAWK BLVD LAWRENCE KS 66045 481124839 EDUCATION KS 115(A) N/A KU CENTER FOR TECH COMMERCIALIZATIONINC 3901 RAINBOW BLVD KANSAS CITY KS 66160 262838693 PATENTS KS 501(c)3 5 KU MEMORIAL CORPORATION 1301 JAYHAWK BLVD LAWRENCE KS 66045 486033927 RETAIL KS 501(c)3 5 KU MEDICAL CENTER RESEARCH INSTITUTE INC 3901 RAINBOW ROAD KANSAS CITY KS 66160 481008830 ADMIN KS 501(c)3 5 KU MEDICAL CENTER RESEARCH PROPERTIES 3901 RAINBOW BLVD KANSAS CITY KS 66160 481172394 REAL ESTATE KS 501(c)3 5 KU HEALTH PARTNERS 3901 RAINBOW BLVD KANSAS CITY KS 66160 481149398 HEALTH CARE KS 501(c)3 5 KU CENTER FOR RESEARCH 2385 IRVING HILL ROAD LAWRENCE KS 66045 480680117 ADMIN KS 501(c)3 5 false false false true false false false false false false false false false false false false false