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PGA TOUR INC

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Public IRS 990 nonprofit record

PGA TOUR INC

EIN 52-0999206 · Food, Agriculture & Nutrition (K)

What they do

THE PRINCIPAL MISSION of PGA TOUR, INC. is to PROMOTE THE SPORT of PROFESSIONAL GOLF THROUGH SANCTIONING and ADMINISTERING GOLF TOURNAMENTS and PROMOTING THE COMMON INTERESTS of TOURING GOLF PROFESSIONALS. THIS is ACCOMPLISHED BY PROVIDING COMPETITIVE EARNINGS OPPORTUNITIES for MEMBERS of ITS VARIOUS PROFESSIONAL GOLF TOURS (PGA TOUR, PGA TOUR CHAMPIONS, KORN FERRY TOUR, and PGA TOUR AMERICAS - COLLECTIVELY KNOWN AS THE PGA TOUR); PROTECTING THE INTEGRITY of THE GAME; HELPING to GROW GOLF TALENT BY OPERATING TWO (2) FEEDER TOURS AROUND THE WORLD; and HELPING GROW THE REACH of THE GAME IN THE U.S. and AROUND THE WORLD.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$159.38spent for every $100 of revenueSpending was higher than revenue this year.
$3.19in assets for every $1 spent this yearSome assets cannot be spent right away.
0.0%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $451,686,331 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $29,327,975 for WOODS ELDRICK TIGER (PLAYER DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$760,607,406
Expenses$1,212,293,737
Annual shortfall $451,686,331 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$760,607,406
Expenses$1,212,293,737
Assets$3,863,253,473
Income$1,618,350,971
Contributions$87,136
Grants given$330,431,403
Average grant$122,837
Stocks and bonds$381,540,448
Accounting fees$393,190
Investing fees$2,245,986
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
WOODS ELDRICK TIGERPLAYER DIRECTOR · 20 hrs/week $29,327,975Base $18,344,359 · Other $10,983,616
SPIETH JORDANPLAYER DIR / ASST SECRETARY · 20 hrs/week $15,869,687Base $10,138,950 · Other $5,730,737
CANTLAY PATRICKPLAYER DIRECTOR · 20 hrs/week $14,111,885Base $7,789,941 · Other $6,321,944
SCOTT ADAMPLAYER DIRECTOR · 20 hrs/week $11,539,459Base $7,356,258 · Other $4,183,201
MONAHAN JOSEPH WCOMMISSIONER & PRESIDENT · 12 hrs/week $9,599,310Base $8,575,105 · Other $1,024,205
MALNATI PETERPLAYER DIRECTOR · 20 hrs/week $2,972,425Base $2,560,624 · Other $411,801
SIMPSON JAMES WEBBPLAYER DIR / ASST TREASURER · 20 hrs/week $2,320,371Base $718,745 · Other $1,601,626
PRICE RONALD ECHIEF OPERATING OFFICER · 11 hrs/week $2,203,535Base $2,176,823 · Other $26,712
DENNIS LELAND TCHIEF COMPETITIONS OFFICER · 34 hrs/week $1,305,634Base $1,149,834 · Other $155,800
KELLER ALLISON WCHIEF ADMIN OFC / SECRETARY · 12 hrs/week $1,243,332Base $918,677 · Other $324,655
ANDERSON RICHARD DEVP & CHIEF COMMERCIAL OFFICER · 4 hrs/week $1,229,635Base $732,256 · Other $497,379
GORE JASONEVP & CHIEF PLAYER OFFICER · 60 hrs/week $1,171,378Base $1,105,212 · Other $66,166

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

WOODS ELDRICK TIGERPLAYER DIRECTOR

SPIETH JORDANPLAYER DIR / ASST SECRETARY

CANTLAY PATRICKPLAYER DIRECTOR

SCOTT ADAMPLAYER DIRECTOR

MONAHAN JOSEPH WCOMMISSIONER & PRESIDENT

MALNATI PETERPLAYER DIRECTOR

SIMPSON JAMES WEBBPLAYER DIR / ASST TREASURER

PRICE RONALD ECHIEF OPERATING OFFICER

DENNIS LELAND TCHIEF COMPETITIONS OFFICER

KELLER ALLISON WCHIEF ADMIN OFC / SECRETARY

ANDERSON RICHARD DEVP & CHIEF COMMERCIAL OFFICER

GORE JASONEVP & CHIEF PLAYER OFFICER

BROWN LEONARDCHIEF GLOBAL BUSINESS VENTURES

SHETTY NEERA MCHIEF LEGAL OFC & EVP SOC RESP

OLIVER BRIAN MEVP CORPORATE PARTNERSHIPS

NEAL LAURAEVP BRAND COMMUNICATIONS

MADARA JAY MEVP & CFO / TREASURER

GAMBUZZA NORBERT MEVP MEDIA

GLOD DANIEL T JRSVP BUSINESS DEVELOPMENT

BRADY JACK M JRPRESIDENT PGA TOUR CHAMPIONS

BALDWIN ALEXANDRA CPRESIDENT KORN FERRY TOUR

GOICOURIA LUIS ESVP MEDIA

WEITZ ANDREWCMO & EVP INV REL, AS OF 08/05

SHARKEY KENNETH JFORMER EVP & CFO

VOTAW TY MFORMER EVP INTERNATIONAL

TRIOLA JAMES CCOO GOLF COURSE PROPERTIES

LINDERT JOHNPGA OF AMERICA DIR, THRU 11/06

MEEKER MARY GINDEPENDENT DIRECTOR

HERLIHY EDWARD DCHAIRMAN / PRESIDENT

GORDER JOEINDEPENDENT DIRECTOR

REA DON JRPGA OF AMERICA DIR AS OF 11/07

FLAHERTY MARK AINDEPENDENT DIR, THRU 05/18

DUNNE JAMES J IIIINDEPENDENT DIR, THRU 05/12

About this charity

Recognized since
January 1977
Location
1 PGA TOUR BOULEVARD, PONTE VEDRA BEACH, FL 32082
County
Saint Johns
In care of
JAY MADARA
Primary officer
JAY MADARA, EVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
GRANT THORNTON ADVISORS LLC
NTEE classification
Food, Agriculture & Nutrition (K)
IRS tax category
Food, Agriculture & Nutrition
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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