All in-kind contributions that are made as a result of a licensing or sponsorship agreement should be reported in Category 15. Please offset in-kind values in the appropriate expense category. 10 Compensation Include all amounts all benefits provided Not applicable to most and Benefits provided by a third party by a third party and schools, most have all provided by a and contractually contractually guaranteed compensation third party guaranteed by the by the institution, but not reflected on schools institution, but not included on the W-2. However, VT included on the institution’s W-2. These indicated institution’s W-2 (e.g., car may include: contract with coaches. stipend, country club membership, Country club membership • entertainment allowance, Allowances for clothing, • clothing allowance, housing, and speaking fees, housing entertainment. allowance, compensation Speaking fees. • from camps, radio Camps compensation. • income, television income. • income, and shoe and Shoe and apparel income. • apparel income). This should equal Expense The total of this category Categories 22 and 24 should equal expense combined. categories 23 and 25 combined. 11 Media Rights Include institutional Input all revenue received Only a new line IF all revenue received directly for radio, television, previous media for radio and television internet, digital and revenue was part of broadcasts, Internet and rights, including conference e-commerce rights the portion of conference distributions. received through distributions related to institution-negotiated media rights if applicable. – contracts. Consult with your conference offices if you do not have the media rights distribution amount available.
All in-kind contributions that are made as a result of a licensing or sponsorship agreement should be reported in Category 15. Please offset in-kind values in the appropriate expense category. 10 Compensation and Benefits provided by a third party Include all amounts provided by a third party and contractually guaranteed by the institution, but not included on the institution’s W-2 (e.g., car stipend, country club membership, entertainment allowance, clothing allowance, speaking fees, housing allowance, compensation from camps, radio income, television income, and shoe and apparel income). This should equal Expense Categories 22 and 24 combined. all benefits provided by a third party and contractually guaranteed by the institution, but not included on the institution’s W-2. These may include: • Country club membership • Allowances for clothing, housing, and entertainment. • Speaking fees. • Camps compensation. • income. • Shoe and apparel income. The total of this category should equal expense categories 23 and 25 combined. Not applicable to most schools, most have all compensation reflected on schools W-2. However, VT indicated contract with coaches. 11 Media Rights Include institutional revenue received directly for radio and television broadcasts, Internet and e-commerce rights received through institution-negotiated contracts. Input all revenue received for radio, television, internet, digital and rights, including the portion of conference distributions related to media rights – if applicable. Consult with your conference offices if you do not have the media rights distribution amount available. Only a new line IF all previous media revenue was part of conference distributions.