Pga Tour Inc
PONTE VEDRA, FL
Total revenue
$760.6M
Total expenses
$1.2B
Net assets
$1.6B
Grants received
$4.3M
33 grants
EIN
520999206
Tax year
2024
Mission
To promote the sport of professional golf and the common interests of touring golf professionals.
Programs
2 programs
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.
Financials
FY 2024
Revenue
Expenses
People
33 listed
Woods Eldrick Tiger
Player Director
$18.3M
20 hrs/wk
Spieth Jordan
Player Dir / Asst Secretary
$10.1M
20 hrs/wk
Monahan Joseph W
Commissioner & President
$8.6M
12 hrs/wk
Cantlay Patrick
Player Director
$7.8M
20 hrs/wk
Scott Adam
Player Director
$7.4M
20 hrs/wk
Malnati Peter
Player Director
$2.6M
20 hrs/wk
Price Ronald E
Chief Operating Officer
$2.2M
11 hrs/wk
Dennis Leland T
Chief Competitions Officer
$1.1M
34 hrs/wk
Keller Allison W
Chief Admin Ofc / Secretary
$919K
12 hrs/wk
Anderson Richard D
EVP & Chief Commercial Officer
$732K
4 hrs/wk
Simpson James Webb
Player Dir / Asst Treasurer
$719K
20 hrs/wk
Shetty Neera M
Chief Legal Ofc & EVP Soc Resp
$552K
14 hrs/wk
Brown Leonard
Chief Global Business Ventures
$513K
5 hrs/wk
Madara Jay M
EVP & CFO / Treasurer
$502K
7 hrs/wk
Herlihy Edward D
Chairman / President
—
10 hrs/wk
Dunne James J III
Independent Dir, Thru 05/12
—
10 hrs/wk
Flaherty Mark A
Independent Dir, Thru 05/18
—
10 hrs/wk
Gorder Joe
Independent Director
—
20 hrs/wk
Meeker Mary G
Independent Director
—
10 hrs/wk
Lindert John
PGA of America Dir, Thru 11/06
—
1 hrs/wk
Rea Don Jr
PGA of America Dir As of 11/07
—
1 hrs/wk
Gore Jason
EVP & Chief Player Officer
$1.1M
60 hrs/wk
Oliver Brian M
EVP Corporate Partnerships
$496K
4 hrs/wk
Neal Laura
EVP Brand Communications
$474K
9 hrs/wk
Gambuzza Norbert M
EVP Media
$282K
3 hrs/wk
Glod Daniel T Jr
SVP Business Development
$278K
5 hrs/wk
Baldwin Alexandra C
President Korn Ferry Tour
$271K
5 hrs/wk
Brady Jack M Jr
President PGA TOUR Champions
$243K
5 hrs/wk
Weitz Andrew
CMO & EVP Inv Rel, As of 08/05
$213K
15 hrs/wk
Goicouria Luis E
SVP Media
$145K
5 hrs/wk
Sharkey Kenneth J
Former EVP & CFO
$113K
5 hrs/wk
Votaw Ty M
Former EVP International
$113K
5 hrs/wk
Triola James C
COO Golf Course Properties
$9K
1 hrs/wk
Independent contractors
NBC UNIVERSAL MEDIA LLC
MEDIA SERVICES
SCOTTIE SCHEFFLER
TOURNAMENT EARNINGS
RORY MCILROY ENTERPRISES INC
TOURNAMENT EARNINGS
XVS ENTERTAINMENT LLC
TOURNAMENT EARNINGS
CMM LLC
TOURNAMENT EARNINGS
Grants received
Showing 33 of 33
Funded by
$4.3M from 18 funders · 33 grants · 2017–2024
$3M · 1 grant · 2020
$580K · 3 grants · 2020–2023
$258K · 2 grants · 2020–2021
$150K · 3 grants · 2018–2020
$75K · 3 grants · 2020–2023
$60K · 2 grants · 2023–2024
$50K · 1 grant · 2023
$38K · 1 grant · 2017