Pga Tour Inc
501(c)(6) Donations tax-deductible
Strong reserves Declining revenue
Pga Tour Inc is a 501(c)(6) organization based in Ponte Vedra, Florida, registered in 1977, with $760,607,406 in FY2024 revenue.
1 Pga Tour Blvd, Ponte Vedra, FL, 32082 EIN 52-0999206 Since 1977
Revenue (FY2024)
$760.6M
▼ 58.4% vs prior year
Expenses (FY2024)
$1.2B
Net assets
$1.6B
Employees
375
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Pga Tour Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating16 mo reserves · -59% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pga Tour Inc: 16 mo reserves · -59% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pga Tour Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pga Tour Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To promote the sport of professional golf and the common interests of touring golf professionals.
What they do
In addition to promoting and building the sport of professional golf, pga tour, inc. is committed to generating substantial charitable contributions in the communities where its tournaments are played, even though pga tour, inc. is not a charitable irc section 501(c)(3) organization. a majority of the tournaments are operated by charitable organizations that give the net proceeds from the tournament to local charities. areas of support include, but are not limited to, healthcare, education, youth development, disaster relief, food banks, military, and environment. the pga tour also continues its 10-year, $100+ million commitment to support nonprofit organizations that address the disparities that disproportionately affect black citizens and underrepresented and underserved populations. with this increased focus to improve the pga tour's understanding and collaboration with its partners and communities, at the time of filing this return, $174 million has been generated, driving impact across communities. to date, tournaments across the pga tour have generated more than $4 billion of total charitable donations since the first $10,000 contribution was made in 1938. the pga tour's substantial involvement in the charitable world provides a platform for its members to raise substantial charitable dollars through their individual foundations and fundraisers. finally, it should be noted that, from time to time, the pga tour makes charitable donations to bona fide charities and foundations operated for, by, or in the name of pga tour, inc. members.
Pga tour, inc. includes, as part of its mission statement, the dedication to protect the integrity of the game of professional golf. the touring professional golfer has an unwavering adherence to golf's inherent values, such as honesty, integrity, and sportsmanship. golf is a sport in which players call penalties on themselves, whether an infraction is visible to others or not. it is a sport in which competitors shake hands and congratulate one another at the conclusion of each and every round, tournament or match, without fail. it is also a sport that faithfully teaches each generation of participants from the earliest age that its rules are uncompromisable. these are values that pga tour, inc.'s touring professional golfers live by and demonstrate every round of every tournament.
Contact & location
- Address
- 1 Pga Tour Blvd, Ponte Vedra, FL, 32082
- City
- Ponte Vedra
- State
- Florida
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $1.1B (FY2013) to $760.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.3BNet assets $1.6B
Operating margin
-59.4%
Spent more than it raised in the latest fiscal year.
Total assets
$3.9B
Total liabilities
$2.3B
Net assets
$1.6B
Salaries & benefits
$104.2M
9% of expenses
Board members
12
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $760,607,406▼58.4% | $1,212,293,737▼35.9% | $1,586,316,918▲29.0% | $3,863,253,473▼11.0% | 990 |
| 2023 | $1,828,533,185▼3.6% | $1,890,652,204▲1.3% | $1,229,947,277▼5.3% | $4,339,305,907▼17.8% | 990 |
| 2022 | $1,897,747,134▲19.7% | $1,865,792,074▲20.2% | $1,298,428,204▲3.6% | $5,277,164,005▲16.4% | 990 |
| 2021 | $1,586,051,200▲36.6% | $1,552,648,504▲40.6% | $1,252,828,739▲5.2% | $4,534,211,269▲15.4% | 990 |
| 2020 | $1,161,283,176▼24.3% | $1,103,973,353▼24.5% | $1,191,170,258▼3.5% | $3,930,764,108▲16.2% | 990 |
| 2019 | $1,534,021,881▲8.3% | $1,461,249,307▲8.6% | $1,234,129,874▲7.0% | $3,384,025,893▲15.3% | 990 |
| 2018 | $1,415,951,874▼3.7% | $1,345,545,081▼4.9% | $1,153,259,540▲0.9% | $2,934,026,162▼0.4% | 990 |
| 2017 | $1,470,476,971▲14.8% | $1,414,188,402▲17.6% | $1,142,819,039▲6.3% | $2,945,841,841▲13.8% | 990 |
| 2016 | $1,280,738,913▲4.5% | $1,202,983,317▲1.2% | $1,075,226,081▲9.7% | $2,589,063,558▲10.7% | 990 |
| 2015 | $1,225,727,119▲8.5% | $1,188,636,501▲8.7% | $980,153,086▲2.8% | $2,339,229,507▲5.5% | 990 |
| 2014 | $1,129,953,609▲5.1% | $1,093,813,816▲5.1% | $953,070,612▲3.3% | $2,217,587,959▲2.7% | 990 |
| 2013 | $1,075,044,778 | $1,040,493,604▲6.1% | $922,282,526▲13.7% | $2,159,258,857▲18.2% | 990 |
| 2012 | — | $980,578,760▲3.1% | $811,227,880▲16.2% | $1,826,371,899▲13.4% | 990 |
| 2011 | — | $950,992,200▲9.2% | $697,991,366▲5.2% | $1,610,161,857▲1.4% | 990 |
| 2010 | — | $870,721,883 | $663,561,519 | $1,588,426,506 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Woods Eldrick Tiger — $18,344,359 (1.51% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Woods Eldrick Tiger | Player Director | 20 | $18,344,359 |
| Spieth Jordan | Player Dir / Asst Secretary | 20 | $10,138,950 |
| Monahan Joseph W | Commissioner & President | 12 | $8,575,105 |
| Cantlay Patrick | Player Director | 20 | $7,789,941 |
| Scott Adam | Player Director | 20 | $7,356,258 |
| Malnati Peter | Player Director | 20 | $2,560,624 |
| Price Ronald E | Chief Operating Officer | 11 | $2,176,823 |
| Dennis Leland T | Chief Competitions Officer | 34 | $1,149,834 |
| Gore Jason | Evp & Chief Player Officer | 60 | $1,105,212 |
| Keller Allison W | Chief Admin Ofc / Secretary | 12 | $918,677 |
| Anderson Richard D | Evp & Chief Commercial Officer | 4 | $732,256 |
| Simpson James Webb | Player Dir / Asst Treasurer | 20 | $718,745 |
| Shetty Neera M | Chief Legal Ofc & Evp Soc Resp | 14 | $552,285 |
| Brown Leonard | Chief Global Business Ventures | 5 | $512,765 |
| Madara Jay M | Evp & Cfo / Treasurer | 7 | $502,108 |
| Oliver Brian M | Evp Corporate Partnerships | 4 | $496,185 |
| Neal Laura | Evp Brand Communications | 9 | $473,796 |
| Gambuzza Norbert M | Evp Media | 3 | $281,892 |
| Glod Daniel T Jr | Svp Business Development | 5 | $278,317 |
| Baldwin Alexandra C | President Korn Ferry Tour | 5 | $271,061 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Nbc Universal Media LLC | Media Services | $78,069,895 |
| Scottie Scheffler | Tournament Earnings | $64,352,590 |
| Rory Mcilroy Enterprises Inc | Tournament Earnings | $29,012,054 |
| Xvs Entertainment LLC | Tournament Earnings | $27,024,847 |
| Cmm LLC | Tournament Earnings | $25,368,739 |
Grants received · $598K total
13 grants to Pga Tour Inc totaling $598K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Childrens Hospital Medical Center of Akron | General support | 2024 | $21,000 |
| Kaiser Foundation Hospitals | To help continue to provide support to maui commun | 2023 | $10,650 |
| Cleveland Clinic Foundation | Community support | 2022 | $9,000 |
| Arizona State University Foundation For A New American University | Program support | 2022 | $7,500 |
| Flagler Hospital Inc | Operational support and program assistance | 2021 | $170,000 |
| Flagler Hospital Inc | Operational support and program assistance | 2020 | $87,860 |
| Mayo Clinic Group Return | Support exempt purpose | 2019 | $200,000 |
| Cleveland Clinic Foundation | Support educational activities | 2019 | $13,500 |
| Northside Hospital Inc | General support | 2017 | $38,000 |
| Asu Enterprise Partners | Program support | 2017 | $14,000 |
| Genesis Health Inc | Operational support | 2016 | $10,150 |
| Genesis Health Inc | Operational support | 2015 | $9,125 |
| Genesis Health Inc | Operational support | 2015 | $7,535 |
Grants made · $34.3M in FY2024
326 grants totaling $34.3M in FY2024 — showing the 15 largest. All grants made by Pga Tour Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Cf Foundation Inc | General support | $5,935,256 |
| Pga Tour First Tee Foundation Inc | General support | $4,671,263 |
| Youth Programs Inc | General support | $2,993,974 |
| Impact Through Golf Foundation | General support | $790,004 |
| Palm Beach Gardens Youth Athletic Association | General support | $787,978 |
| Banner Lake Club Inc | General support | $631,322 |
| Northern Ohio Golf Charities Foundation Inc | General support | $599,977 |
| World Golf Foundation Inc | General support | $537,177 |
| Education Foundation of Palm Beach County Inc | General support | $469,295 |
| The Nemours Foundation | General support | $464,783 |
| West Palm Golf Community Trust Inc | General support | $464,708 |
| Caddie 127 Inc | General support | $421,026 |
| Thunderbirds Charities | General support | $371,767 |
| Glades Initiative Inc | General support | $368,007 |
| The Snedeker Foundation | General support | $278,825 |
Frequently asked questions
- Is Pga Tour Inc a legitimate nonprofit?
- Yes. Pga Tour Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 52-0999206, based in Ponte Vedra, Florida. Donations are tax-deductible.
- What is Pga Tour Inc's EIN?
- Pga Tour Inc's Employer Identification Number (EIN) is 52-0999206.
- How much revenue does Pga Tour Inc report?
- Pga Tour Inc reported $760,607,406 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Pga Tour Inc's highest-paid employee make?
- The highest reported compensation on Pga Tour Inc's latest Form 990 is $18,344,359, paid to Woods Eldrick Tiger (Player Director).
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Explore more
Data for Pga Tour Inc (EIN 52-0999206) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.