2025-02-12T13:06:51-06:00 2024-03-31 BDO USA 1301 Riverplace Blvd Ste 900 Jacksonville FL 32207 990 2023-04-01 590541694 Gator Bowl Sports Inc % WILLIAM G MCGARITY GATO 9047981700 1 Gator Bowl Blvd Jacksonville FL 322021507 WILLIAM G MCGARITY PRESIDENT/CEO 9047981700 2024-08-15 true true William R Morrow Jr P00648512 9043964015 2023 2025-03-06 01:10:19Z WILLIAM G MCGARITY 1 Gator Bowl Blvd Jacksonville FL 322021507 13583045 false X WWW.GATORBOWL.COM X 1945 FL SEE SCHEDULE O 29 29 18 250 0 167040 205300 12097118 8912579 339375 174730 0 317819 12603533 9610428 6100774 5600000 0 0 1177852 1184269 0 0 0 2272067 1893440 9550693 8677709 3052840 932719 11507178 12108426 3219037 2581610 8288141 9526816 X GATOR BOWL SPORTS INC'S MISSION IS TO PROVIDE NORTHEAST FLORIDA WITH THE VERY BEST IN COLLEGE ATHLETICS AND RELATED ACTIVITIES IN ORDER TO MAXIMIZE POSITIVE IMPACT ON THE AREA'S ECONOMY, NATIONAL IMAGE, AND COMMUNITY PRIDE AND TO FOSTER AND ENCOURAGE COLLEGIATE EDUCATION. THE ORGANIZATION RECEIVES ITS REVENUES PRIMARILY FROM THE SALE OF TICKETS TO ITS GAMES AND EVENTS AND FROM MEMBERSHIP INCOME. false false 8251942 5600000 9036298 TRADITION: THE GATOR BOWL GAME AND EVENTS ARE A 80-YEAR-OLD NORTHEAST FLORIDA FAMILY TRADITION. THE GATOR BOWL IS THE SIXTH OLDEST COLLEGE BOWL GAME AND WAS THE FIRST TO BE TELEVISED NATIONALLY COAST-TO-COAST. IT IS THE HOME OF LEGENDARY COACHES; HEISMAN, OUTLAND, VINCE LOMBARDI AND MAXWELL AWARD WINNERS; AND MORE THAN 175 FIRST-TEAM ALL-AMERICANS. GATOR BOWL SPORTS, INC. IS A 501(c)(3) NOT-FOR-PROFIT ORGANIZATION WHOSE PRIMARY CHARITABLE ACTIVITIES FOCUS ON NATIONAL EXPOSURE AND ECONOMIC IMPACT FOR THE CITY OF JACKSONVILLE, FLORIDA - TELEVISION RATINGS OF 3,425,568; 40,132 ATTENDEES; OF THOSE 63% WERE OUT-OF-TOWN VISITORS; $3.6-$4.2 MILLION IN DIRECT SPENDING FOR THE LOCAL ECONOMY; $7.5 MILLION OVERALL ECONOMIC IMPACT TO NORTHEAST FLORIDA. GATOR BOWL SPORTS, INC. HAD ONE MAJOR PROGRAM FOR THE FISCAL YEAR ENDED MARCH 31, 2024, THE TAXSLAYER GATOR BOWL. THE TAXSLAYER GATOR BOWL WAS A POST-SEASON COLLEGE FOOTBALL GAME MATCHING CLEMSON UNIVERSITY AGAINST THE UNIVERSITY OF KENTUCKY. IT INCLUDED A WEEK-LONG CELEBRATION WITH ACTIVITIES, PARTIES AND EVENTS FOR THE FANS AND UNIVERSITIES. 8251942 true false false false false false false false false false true false false true true true false true false false false false false false false false false true false true false false false false false false true false true false false false false true false false false true 8 0 true 18 true false false false false false true true false false true false false false X 29 29 false false false false false false false true true false false true true true true true true true true false FL X WILLIAM G MCGARITY 9047981700 1 GATOR BOWL BLVD JACKSONVILLE FL 32202 WILLIAM G MCGARITY PRESIDENT/CEO 40.0 4.0 X 319653 0 6665 ROBERT E LEVEROCK JR VICE PRESIDENT/CFO 40.0 4.0 X 206662 0 36192 KATHERINE COX VICE PRESIDENT OF MARKETING 40.0 4.0 X 151849 0 15096 NELSON BRADSHAW IMMEDIATE PAST CHAIRMAN 1.0 1.0 X 0 0 0 DAVID BOREE PAST CHAIRMAN 1.0 1.0 X 0 0 0 GREG SMITH CO-TREASURER 1.0 1.0 X X 0 0 0 SCOTT KEITH CO-TREASURER 1.0 1.0 X X 0 0 0 ANDY CHENEY PAST CHAIRMAN 1.0 1.0 X 0 0 0 ANDY PRADELLA PAST CHAIRMAN 1.0 1.0 X 0 0 0 BOB SMITH PAST CHAIRMAN 1.0 1.0 X 0 0 0 BRIAN GOIN PAST CHAIRMAN 1.0 1.0 X 0 0 0 CARL CANNON PAST CHAIRMAN 1.0 1.0 X 0 0 0 CHARLES HUGHES PAST CHAIRMAN 1.0 1.0 X 0 0 0 CHRIS VERLANDER TRUSTEE 1.0 1.0 X 0 0 0 DAN MURPHY PAST CHAIRMAN 1.0 1.0 X 0 0 0 DAVID LONG PAST CHAIRMAN 1.0 1.0 X 0 0 0 FRED FRANKLIN PAST CHAIRMAN 1.0 1.0 X 0 0 0 HEATHER DUNCAN PAST CHAIRMAN 1.0 1.0 X 0 0 0 HENRY BECKWITH PAST CHAIRMAN 1.0 1.0 X 0 0 0 JAMIE SHELTON PAST CHAIRMAN 1.0 1.0 X 0 0 0 JIM MCCOLLUM PAST CHAIRMAN 1.0 1.0 X 0 0 0 JOHN DUCE SECRETARY 1.0 1.0 X X 0 0 0 LEERIE JENKINS PAST CHAIRMAN 1.0 1.0 X 0 0 0 MIKE HARTLEY PAST CHAIRMAN 1.0 1.0 X 0 0 0 RICH THOMPSON PAST CHAIRMAN 1.0 1.0 X 0 0 0 SCOTT MCCALEB PAST CHAIRMAN 1.0 1.0 X 0 0 0 STEVE TREMEL PAST CHAIRMAN 1.0 1.0 X 0 0 0 SUSAN HAMILTON PAST CHAIRMAN 1.0 1.0 X 0 0 0 VICTOR JACKSON PAST CHAIRMAN 1.0 1.0 X 0 0 0 VINCE MCCORMACK PAST CHAIRMAN 1.0 1.0 X 0 0 0 WILFORD LYON PAST CHAIRMAN 1.0 1.0 X 0 0 0 ALAN WORLEY CHAIRMAN 1.0 1.0 X X 0 0 0 678164 0 57953 3 false true false Jacksonville Jaguars LLC One TIAA Bank Field Dr JACKSONVILLE FL 32202 Event Planning 250985 PRI PRODUCTIONS 1819 KINGS AVENUE JACKSONVILLE FL 32207 EVENT PLANNING 116499 ASM GLOBAL JACKSONVILLE ONE STADIUM PLACE JACKSONVILLE FL FL 32202 EVENT PLANNING 440680 3 205300 205300 205300 FOOTBALL GAME REVENUE 900099 8457188 8457188 MEMBERSHIP REVENUE 900099 81581 81581 EVENTS REVENUE 900099 373810 373810 8912579 243863 243863 0 0 0 0 0 3903484 3972617 -69133 -69133 -69133 0 0 0 0 0 0 0 0 0 WRITE OFF OF ACCRUED BENEFITS 317819 317819 317819 9610428 9230398 0 174730 5600000 5600000 0 0 0 640197 444453 195744 0 336451 233579 102872 26188 18181 8007 120033 83332 36701 61400 42627 18773 0 3956 3956 88589 84160 4429 0 0 32079 32079 0 154370 154370 93839 89147 4692 90416 85895 4521 0 127313 127313 0 0 2648 2516 132 0 0 13861 13861 0 GAME OPERATIONS & EVENTS 1274369 1274369 PRODUCTION EXPENSES 12000 12000 8677709 8251942 425767 0 5526126 2941948 0 0 0 0 335470 526223 0 0 0 0 0 0 0 0 187596 8920 594584 544700 46981 49884 3057085 4948925 0 0 0 0 0 0 2353920 3632526 11507178 12108426 2557495 796877 0 0 52629 51498 0 0 0 0 0 0 0 0 0 0 608913 1733235 3219037 2581610 X 8288141 9526816 0 0 8288141 9526816 11507178 12108426 932719 305956 X false true X true false X 67507 112715 163531 167040 205300 716093 9905661 6224201 7548879 13504475 8912579 46095795 0 0 394640 392516 392081 437750 438825 2055812 10367808 6729432 8104491 14109265 9556704 48867700 0 0 0 48867700 101769 80779 109460 136957 243863 672828 0 101769 80779 109460 136957 243863 672828 0 0 10469577 6810211 8213951 14246222 9800567 49540528 0.98642 0.98989 0.01358 0.01011 X 96988 96988 0 594584 544700 49884 49884 RIGHT OF USE ASSET 244772 INTERCOMPANY RECEIVABLES 3387754 3632526 0 OPERATING LEASE LIABILIY 252297 DEFERRED COMPENSATION 190370 INTERCOMPANY PAYABLES 1290568 1733235 12026930 305959 1335578 807044 2448581 9578349 32079 32079 9610428 10776724 1335578 795516 2131094 8645630 32079 32079 8677709 SCHEDULE D, PART X, LINE 2: GATOR BOWL SPORTS, INC. QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, HAS NO PROVISION FOR INCOME TAXES. AUTHORITATIVE GUIDANCE REQUIRES THE ORGANIZATION TO EVALUATE ITS TAX POSITION FOR ANY UNCERTAINTIES BASED ON THE TECHNICAL MERITS OF THE POSITION TAKEN. THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE UPHELD ON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT IS REQUIRED TO ANALYZE ALL OPEN TAX YEARS, AS DEFINED BY THE STATUTE OF LIMITATIONS, FOR ALL MAJOR JURISDICTIONS, INCLUDING FEDERAL AND CERTAIN STATE TAXING AUTHORITIES. AT MARCH 31, 2024, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON U.S. INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2021. AS OF AND FOR THE YEARS ENDED MARCH 31, 2024 and 2023, THE ORGANIZATION DID NOT HAVE A LIABILITY FOR ANY UNRECOGNIZED TAXES. THE ORGANIZATION HAS NO EXAMINATIONS IN PROGRESS AND IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX LIABILITIES WILL SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. SCHEDULE D, PART XI, LINE 2D: INCOME FROM RELATED ENTITIES: GATOR BOWL SPORTS CHARITIES, INC. $260,474 GATOR BOWL SPORTS EVENTS, INC. $546,570 TOTAL $807,044 SCHEDULE D, PART XII, LINE 2D: EXPENSES FROM RELATED ENTITIES: GATOR BOWL SPORTS CHARITIES INC. $201,048 GATOR BOWL SPORTS EVENTS INC. $404,688 TOTAL $605,736 SCHEDULE D, PART XIII, LINE 2D: ROUNDING $2 false ATLANTIC COAST CONFERENCE 4512 WEYBRIDGE LANE GREENSBORO NC 27407 560599082 501(C)(3) 2231397 SUPPORT STUDENT ATHLETICS SOUTHEASTERN CONFERENCE 2201 RICHARD ARINGTON BIRMINGHAM AL 35203 630377461 501(C)(3) 2502278 SUPPORT STUDENT ATHLETICS 2 X X X true true X X X X X false true false false false false false false false WILLIAM G MCGARITY PRESIDENT/CEO 207500 0 100000 0 12153 0 6665 0 0 0 326318 0 0 0 KATHERINE COX VICE PRESIDENT OF MARKETING 115055 0 33269 0 3525 0 5985 0 9111 0 166945 0 0 0 ROBERT E LEVEROCK JR VICE PRESIDENT/CFO 148362 0 50050 0 8250 0 6192 0 30000 0 242854 0 0 0 SCHDEULE J, PART I, LINE 1A: SOCIAL CLUB DUES WERE PROVIDED TO William G. McGarrity, PRESIDENT & CEO. THE SOCIAL CLUB DUES ARE INCLUDED IN TAXABLE COMPENSATION. 0 GREGORY A MCGARRITY SON OF CURRENT CEO 96090 PAYROLL CHARLES T CATLETT BROTHER OF FORMER CEO 36188 PAYROLL X Awards and Trophies 0 144872 FAIR MARKET VALUE X FOOD & BEVERAGE 0 41428 FAIR MARKET VALUE X OFFICE SUPPLIES 0 19000 FAIR MARKET VALUE false false false FORM 990, PART I, LINE 1 GATOR BOWL SPORTS, INC.'S MISSION IS TO PROVIDE NORTHEAST FLORIDA WITH THE VERY BEST IN COLLEGE ATHLETICS AND RELATED ACTIVITIES IN ORDER TO MAXIMIZE POSITIVE IMPACT ON THE AREA'S ECONOMY, NATIONAL IMAGE, AND COMMUNITY PRIDE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. IT IS THEN PROVIDED TO THE AUDIT AND FINANCE COMMITTEE AND TO THE BOARD OF TRUSTEES FOR REVIEW AT THEIR QUARTERLY MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. ANNUAL DISCLOSURE FOR OFFICERS, DIRECTORS, AND EMPLOYEES IS OBTAINED IN WRITING PRIOR TO THE BEGINNING OF EACH FISCAL YEAR. COLLECTION AND MAINTENANCE OF THE DISCLOSURES ARE MANAGED BY THE VICE PRESIDENT AND A FILE KEPT FOR EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED AND APPROVED ANNUALLY AS PART OF THE BUDGET PROCESS. THE BOWL PEER GROUPS ARE USED AS THE BENCHMARK FOR THE EVALUATION IN DETERMINING ANY NECESSARY ADJUSTMENTS TO COMPENSATION OF ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO THE ORGANIZATION AT 1 GATOR BOWL BLVD, JACKSONVILLE, FL 32202. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES SINCE THE PRIOR YEAR. GATOR BOWL SPORTS CHARITIES INC 1 GATOR BOWL BLVD JACKSONVILLE FL 32202 464080981 CHARITABLE FL 501(C)(3) 7 false GATOR BOWL SPORTS EVENTS INC 1 GATOR BOWL BLVD JACKSONVILLE FL 32202 464077493 ATHLETICS FL 501(C)(3) 7 false false true false false false false false false false false false false true true false false false false