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MASTERS TOURNAMENT CHARITIES INC

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Public IRS 990 nonprofit record

MASTERS TOURNAMENT CHARITIES INC

EIN 99-3712591 · Golf (N6A)

What they do

MASTERS TOURNAMENT CHARITIES, INC. WILL CONTINUE THE PRIMARY MISSION STARTED BY MASTERS TOURNAMENT FOUNDATION, INC. to SUPPORT THE GAME of GOLFS CONTINUOUS GROWTH AROUND THE WORLD, INCLUDING THROUGH EDUCATION and AMATEUR GOLF COMPETITIONS, and WILL ALSO SUPPORT and PURSUE BROADER CHARITABLE PURPOSES INCLUDING COMMUNITY DEVELOPMENT and SUPPORTING EDUCATION, ESPECIALLY IN ECONOMICALLY DISADVANTAGED POPULATIONS IN THE AUGUSTA COMMUNITY and THROUGH NEEDS BASED FINANCIAL ASSISTANCE for DISASTER RELIEF, HARDSHIPS, FINANCIAL EMERGENCIES, AS WELL AS SCHOLARSHIPS and FELLOWSHIPS for QUALIFIED INDIVIDUALS, INCLUDING CURRENT and FUTURE AUGUSTA NATIONAL EMPLOYEES and THEIR FAMILIES.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

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 leaders14 people are listed in the latest report.

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

Money made simple

$10.67spent for every $100 of revenueRevenue covered expenses this year.
$0.10of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$8.82in assets for every $1 spent this yearSome assets cannot be spent right away.
86.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  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.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it 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$77,199,689
Expenses$8,235,887
Annual surplus $68,963,802 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$11,032 · 0.1% of expenses
See all reported dollar amounts
Revenue$77,199,689
Expenses$8,235,887
Assets$72,631,985
Income$77,909,364
Contributions$67,019,504
Management and general$11,032
Stocks and bonds$10,081,088
People

Leadership and board

Tax year 2024

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

See everyone listed on the board or leadership roster (14)

BRIAN L ROBERTSDIRECTOR

CRAIG L HEATLEYDIRECTOR

EDWARD D HERLIHYDIRECTOR

EDWARD WILLIAM JONES JREXECUTIVE DIRECTOR

FRED S RIDLEYCHAIRMAN OF BOARD

KELLY FLANAGANCHIEF FINANCIAL OFFICER

KESSEL D STELLING JRDIRECTOR

LEE J STYSLINGER IIIDIRECTOR

ROBERT L JOHNSTONDIR, TREASURER, SECRETARY

S TAYLOR GLOVERDIRECTOR, PRESIDENT

STEVE ETHUNCHIEF TOURNAMENT OFFICER

TERENCE F MCGUIRKDIRECTOR

THOMAS C NELSONDIRECTOR

W PATRICK BATTLEDIRECTOR

About this charity

Recognized since
January 2025
Location
PO BOX 2444, AUGUSTA, GA 30903
County
Richmond
In care of
KELLY FLANAGAN
Primary officer
KELLY FLANAGAN, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 19, 2024
Return type
990
Tax preparer
DELOITTE TAX LLP
NTEE classification
Golf (N6A)
IRS tax category
Golf

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

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