Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 541,765 | 258,225 | 1,042,235 | 348,925 | 441,404 | 2,632,554 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 16,498,305 | 15,957,486 | 20,920,275 | 17,647,090 | 17,679,617 | 88,702,773 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 17,040,070 | 16,215,711 | 21,962,510 | 17,996,015 | 18,121,021 | 91,335,327 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | |||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 0 | |||||
| 8 | Public support. (Subtract line 7c from line 6.) | 91,335,327 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 17,040,070 | 16,215,711 | 21,962,510 | 17,996,015 | 18,121,021 | 91,335,327 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 1,193,172 | 1,296,283 | 1,367,767 | 1,380,314 | 1,101,184 | 6,338,720 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | |||||
| c | Add lines 10a and 10b. | 1,193,172 | 1,296,283 | 1,367,767 | 1,380,314 | 1,101,184 | 6,338,720 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 0 | |||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 0 | |||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 18,233,242 | 17,511,994 | 23,330,277 | 19,376,329 | 19,222,205 | 97,674,047 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
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| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
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| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part I, Line 1, Description of Organization Mission: | The orange bowl committee exists as an independent organization to Support and produce activities and events that enhance the image, Economy and culture of south florida. Over its 84-year history, the Non-profit, volunteer-driven organization has grown beyond hosting one of the nation's premier college football games, to include a festival of events that drive tourism, inspire youth and improve life in the South florida community. Orange bowl programs and events include the Metropcs orange bowl basketball classic, orange bowl youth football Alliance, orange bowl cheer & Dance championships, orange bowl international youth regatta, orange Bowl international tennis championships, orange bowl swim classic, Orange bowl paddle championship, orange bowl lacrosse classic, orange bowl drive for excellence girls golf program, orange bowl florida high school showcase and the Orange bowl leadership academy. The organization also provides Funding for scholarships and community improvements that grant new Opportunities to south Floridas youth. |
| FORM 990, PART III, LINE 2: | During the fiscal year, the OBC Board of Directors and membership approved entering into an agreement, contingent upon certain conditions being met, with Palm Beach County for the renovation of Glades Pioneer Park in Belle Glade, an existing county park. The Committee authorized up to $1.5 million as the Orange Bowl contribution (to be matched by Palm Beach County) to supervise and oversee on a turnkey basis the installation of a synthetic turf field and maintenance, an electronic scoreboard, an entry monument, fencing, walkways and signage. When completed, the renovation of Glades Pioneer Park will be the Committee's fifth legacy gift park renovation, at which time the OBC and its partners will have contributed nearly $16 million worth of park improvements throuhout South Florida. Form 990, part iii, line 4d, other program services: The committee supports organizations and events both in and outside of south florida on an annual basis, such as junior orange bowl, orange bowl international tennis championships, orange bowl international youth regatta, first tee miami girls golf program, extra yard for teachers, orange bowl food & wine celebration benefitting numerous charities (such as make-a-wish southern florida and both broward and miami-dade counties special olympics) and other funds and groups. the obc also developed and manages the orange bowl leadership academy, a program designed to engage and inspire middle school youth to maximize their potential to become future community leaders through access and exposure to career development, personal leadership and life skills. |
| FORM 990, PART VI, SECTION A, LINE 6 | ALL MEMBERS HAVE THE RIGHT TO VOTE IN THE ELECTION OF MEMBERS OF THE BOARD OF DIRECTORS AND TO VOTE TO APPROVE CERTAIN DECISIONS OF THE BOARD OF DIRECTORS AS DESCRIBED IN THE EXPLANATIONS FOR QUESTIONS 7A AND 7B. NO MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | All members in good standing per the by-laws, excluding collegiate representative members, honorary members, members at large, emeritus members and active members until the completion of their second festival, have the right to vote for members of the board of directors. Each year The election will include the second vice-chair, one-two past chairs/presidents, and six-seven at-large directors (for a two-year term). |
| FORM 990, PART VI, SECTION A, LINE 7B | All members in good standing per the by-laws, excluding collegiate representative members, honorary members, members at large, emeritus members and new active members until the completion of their second festival, have the right to vote on the following matters: election of new members, election of the 2nd vice chair, election of and removal of board members, the amount of charges for membership benefits as well as dues and assessments, the criteria for new members to meet before they are elected, the purchase, sale or encumbrance of any real property, the election of members to the membership services committee, any amendment to the articles of incorporation or bylaws of the committee, the annual budget for the committee and any contract with a term of one year or more and which has aggregate expenditures of more than $1,000,000.00 (whether lump sum or installment), with the exception of employment agreements. |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS INITIALLY REVIEWED BY THE ORGANIZATION'S CEO, CFO, TREASURER, AND AUDIT COMMITTEE AND THEN PRESENTED TO BOARD OF DIRECTORS FOR APPROVAL BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | IT IS THE POLICY OF THE COMMITTEE THAT ANY BUSINESS DONE WITH ANY MEMBER OR MEMBER'S COMPANY MUST BE FAIR, REASONABLE AND COMPETITIVE WITHIN THE MARKETPLACE, AND HAVE THE PRIOR APPROVAL OF THE BOARD. WHENEVER SUCH BUSINESS IS BEING DISCUSSED AND VOTED ON BY THE BOARD, ANY MEMBER(S) WITH AN INTEREST IN SAID BUSINESS MUST DISCLOSE SUCH INTEREST, NOT PARTICIPATE IN BOARD DISCUSSIONS AND ABSTAIN FROM VOTING. ALSO, ANNUALLY EACH BOARD MEMBER AND KEY EMPLOYEE MUST COMPLETE A CONFIDENTIAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | Line 15a: The compensation of the ceo is established by the board of directors through a transparent, structured and thoughtful process designed to ensure the reasonableness of such compensation, Which process is documented in the minutes of the meetings of the board of directors. It involves both internal (employee performance assessment) and external (marketplace surveys and comparables for similarly situated entities) reviews. The compensation committee of the board of directors is charged with recommending to the board the compensation of the ceo. In making the recommendation, the bylaws require compliance with the requirements for the rebuttable presumption of reasonableness in accordance with the "intermediate sanctions" regulations under section 4958 of the code. The members of the board of directors are elected annually by the 300 plus membership of the organization and are subject to term limits to assure their independence and community orientation. Line 15b: THE COMPENSATION OF THE CHIEF OPERATING OFFICER, chief marketing officer, AND CHIEF FINANCIAL OFFICER IS SET IN THE SAME MANNER AS THAT OF THE CEO, BY RECOMMENDATION OF THE COMPENSATION COMMITTEE AND APPROVAL BY THE BOARD OF DIRECTORS after review of market place surveys and comparables for similarly-situated entities. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS RECOMMENDED BY THE CEO TO A COMPENSATION COMMITTEE FOR ITS APPROVAL. THE COMPENSATION COMMITTEE IN ITS REVIEW TAKES INTO CONSIDERATION INFLATION, EXPERIENCE, PERFORMANCE, SURVEYS OF SIMILAR ORGANIZATION AND OUTSIDE COMPENSATION CONSULTANTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS. CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 2C | NO CHANGE HAS BEEN MADE IN THE ORGANIZATION'S AUDIT OVERSIGHT COMMITTEE PROCEDURES OR IN ITS SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| FORM 990, PART VII. SECTION B - INDEPENDENT CONTRACTORS | Description of services by the following businesses: Act productions: production and/or talent fees for the pre-game parties, fan zones and halftime entertainment for the capital one orange bowl game. Centerplate: hospitality services at sun life stadium for the capital one orange bowl and bb&t center for the metropcs orange bowl basketball classic including contractually required events, some of which was offset by paid admission fees. Sports Turf One: construction of improvements to Harris Field. Keen Battle & Mead: contracted insurance carrier. Hard Rock Stadium: provided Stadium and service to conduct Capital One Orange Bowl game. |
| FORM 990, GENERAL COMMENT | FORM 990 IS DESIGNED AS A FINANCIAL REPORTING VEHICLE. ITS NATURE DOES NOT ALWAYS ALLOW FOR DETAILED DESCRIPTIONS OF CERTAIN ITEMS. WE ENCOURAGE ANYONE VIEWING THIS DOCUMENT FOR ANY OTHER PURPOSE THAN THAT FOR WHICH IT IS INTENDED TO CONTACT THE ORANGE BOWL COMMITTEE WITH ADDITIONAL qUESTIONS. |
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