Form 990 for tax year 2022
Filed by PROFESSIONAL GOLFERS ASSOCIATION OF AMERICA.
Totals
- Total revenue
- $129,421,822
- Total expenses
- $147,709,193
- Contributions and grants received
- $0
- Grants paid
- $3,326,417
- Program service revenue
- $121,597,017
- Investment income
- $5,470,035
- Other revenue
- $2,354,770
- Total assets, end of year
- $407,700,455
- Total liabilities, end of year
- $145,384,063
- Net assets or fund balances, end of year
- $262,316,392
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: TOURNAMENT REVENUE
total $109,216,650 · related or exempt $109,216,650
-
2b · Program service revenue: EDUCATION REVENUE
total $4,741,124 · related or exempt $4,741,124
-
2c · Program service revenue: MEMBERSHIP DUES & ASSESSMENTS
total $4,024,095 · related or exempt $4,024,095
-
2d · Program service revenue: GROWTH OF THE GAME
total $3,615,148 · related or exempt $3,615,148
-
3 · Investment income
total $574,318 · unrelated business $182,932 · excluded $391,386
-
5 · Royalties
total $506,947 · excluded $506,947
-
6a · Gross rents
real property $1,485,884
-
6b · Less rental expenses
real property $2,352,983
-
6c · Rental income or loss
real property -$867,099
-
6d · Net rental income or loss
total -$867,099 · unrelated business -$867,099
-
7a · Gross sales of assets other than inventory
securities $3,513,634 · other assets $12,447,773
-
7b · Less cost or other basis and sales expenses
other assets $11,065,690
-
7c · Gain or loss
securities $3,513,634 · other assets $1,382,083
-
7d · Net gain or loss
total $4,895,717 · related or exempt $3,882,855 · unrelated business $1,012,862
-
11a · Other revenue: OTHER SPONSOR REVENUE
total $2,053,923 · excluded $2,053,923
-
11b · Other revenue: OTHER INCOME
total $636,603 · related or exempt $636,603
-
11c · Other revenue: ADVERTISING REVENUE
total $24,396 · unrelated business $24,396
-
11e · Other revenue, total
$2,714,922
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,326,417
-
11a · Fees: management
total $58,786,329
-
11g · Fees: other
total $37,826,561
-
12 · Advertising and promotion
total $10,201,118
-
13 · Office expenses
total $6,069,988
-
16 · Occupancy
total $3,345,464
-
17 · Travel
total $3,798,150
-
19 · Conferences, conventions and meetings
total $5,262,574
-
20 · Interest
total $987,501
-
22 · Depreciation, depletion and amortization
total $2,975,828
-
24a · Other expenses: SECTION BUSINESS OPS
total $12,817,926
-
24b · Other expenses: TOURNAMENT PRIZES
total $1,958,386
-
24c · Other expenses: TAXES & LICENSES
total $242,998
-
24d · Other expenses: OTHER INVESTMENT EXPENSES
total $134,754
-
24e · All other expenses
total -$24,801
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $29,616,585
-
4 · Accounts receivable
beginning of year $11,765,803 · end of year $4,914,438
-
7 · Other notes and loans receivable
beginning of year $9,592,533 · end of year $2,092,382
-
9 · Prepaid expenses and deferred charges
beginning of year $7,333,705 · end of year $10,845,951
-
10a · Land, buildings and equipment: cost or other basis
$59,312,402
-
10b · Land, buildings and equipment: accumulated depreciation
$7,794,062
-
10c · Land, buildings and equipment, net
beginning of year $55,535,978 · end of year $51,518,340
-
11 · Investments: publicly traded securities
beginning of year $207,128,132 · end of year $198,664,322
-
12 · Investments: other securities
beginning of year $132,989,899 · end of year $132,989,899
-
14 · Intangible assets
beginning of year $177,154 · end of year $3,409,887
-
15 · Other assets
beginning of year $1,276,722 · end of year $3,265,236
-
17 · Accounts payable and accrued expenses
beginning of year $9,599,957 · end of year $5,930,312
-
19 · Deferred revenue
beginning of year $33,450,282 · end of year $48,316,286
-
23 · Secured mortgages and notes payable
beginning of year $49,226,671 · end of year $47,363,109
-
25 · Other liabilities
beginning of year $72,537,611 · end of year $43,774,356
-
27 · Net assets without donor restrictions
beginning of year $290,601,990 · end of year $262,316,392
Mission and programs · 2022
Mission
TO PROMOTE THE ENJOYMENT & INVOLVEMENT IN THE GAME AND TO CONTRIBUTE TO THE GROWTH OF THE GOLF PROFESSIONAL AND THE GOLF INDUSTRY. THE PGA WILL ACCOMPLISH THIS MISSION BY ENHANCING THE SKILLS OF GOLF PROFESSIONALS AND THE OPPORTUNITIES FOR AMATEURS, MANUFACTURERS, AND THE GENERAL PUBLIC. AS A RESULT, THE PGA WILL ELEVATE THE STANDARDS OF THE PROFESSIONAL GOLFERS' VOCATION, STIMULATE INTEREST IN THE GAME OF GOLF, AND PROMOTE THE OVERALL VITALITY OF THE GAME.
-
GOLF TOURNAMENTS: AS PART OF THE PGA'S MISSION TO PROMOTE THE GAME OF GOLF, WE OVERSEE MANY GOLF TOURNAMENTS TO ENCOURAGE PARTICIPATION IN THE GAME. SOME OF THESE EVENTS ARE BROADCAST ON NATIONAL AND INTERNATIONAL TELEVISION, GENERATING INTEREST IN GOLF AND PROMOTING THE GROWTH OF THE GAME.
-
EDUCATION: GOLF PROFESSIONALS ARE THE FOUNDATION OF GOLF. THE PROFESSIONALS ARE EXPERT INSTRUCTORS, SKILLED BUSINESSPERSONS, AND COMMUNITY LEADERS WHO HELP PROVIDE AFFORDABLE AND ACCESSIBLE GOLF TO EVERYONE, EVERYWHERE. THE PGA PROVIDES EXTENSIVE EDUCATIONAL PROGRAMS TO ENSURE THAT THEY WILL REMAIN AT THE FOREFRONT OF THE GAME - PROVIDING ENJOYMENT TO MILLIONS OF GOLFERS - FOR GENERATIONS TO COME.
-
SECTION BUSINESS OPERATIONS: ASSISTS THE VARIOUS SECTION OFFICES OF THE PGA BY DEFINING GOALS AND DEVELOPING SOLUTIONS IN THE AREA OF COMMON CONCERN.
-
SEE THE THREE LARGEST PROGRAM SERVICE ACCOMPLISHMENTS NOTED ABOVE.
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Seth WaughSETH WAUGH
CEO
- Total calculated
- $3,187,600
- From this org
- $0
- From related orgs
- $3,138,041
- Other
- $49,559
- Hours/week
- 25 + 15 related
Schedule J breakdown matched by us
- Base
- not reported + $2,186,867 related
- Bonus
- not reported + $731,148 related
- Other
- not reported + $220,026 related
- Deferred
- not reported + $15,250 related
- Nontaxable benefits
- not reported + $34,309 related
- Filer's total
- not reported + $3,187,600 related
-
John EasterbrookJOHN EASTERBROOK
CMO
- Total calculated
- $1,413,195
- From this org
- $0
- From related orgs
- $1,351,117
- Other
- $62,078
- Hours/week
- 25 + 15 related
Schedule J breakdown matched by us
- Base
- not reported + $658,641 related
- Bonus
- not reported + $299,109 related
- Other
- not reported + $393,367 related
- Deferred
- not reported + $26,917 related
- Nontaxable benefits
- not reported + $35,161 related
- Filer's total
- not reported + $1,413,195 related
-
Jeffery PriceJEFFERY PRICE
CCO
- Total calculated
- $1,137,549
- From this org
- $0
- From related orgs
- $1,079,631
- Other
- $57,918
- Hours/week
- 17 + 23 related
Schedule J breakdown matched by us
- Base
- not reported + $728,337 related
- Bonus
- not reported + $270,048 related
- Other
- not reported + $81,246 related
- Deferred
- not reported + $30,500 related
- Nontaxable benefits
- not reported + $27,418 related
- Filer's total
- not reported + $1,137,549 related
-
Kerry HaighKERRY HAIGH
CCO
- Total calculated
- $1,085,460
- From this org
- $0
- From related orgs
- $1,034,759
- Other
- $50,701
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- not reported + $726,473 related
- Bonus
- not reported + $244,731 related
- Other
- not reported + $63,555 related
- Deferred
- not reported + $30,500 related
- Nontaxable benefits
- not reported + $20,201 related
- Filer's total
- not reported + $1,085,460 related
-
Rhona AimeRHONA AIME
CFO
- Total calculated
- $728,159
- From this org
- $0
- From related orgs
- $677,458
- Other
- $50,701
- Hours/week
- 19 + 21 related
Schedule J breakdown matched by us
- Base
- not reported + $460,338 related
- Bonus
- not reported + $165,963 related
- Other
- not reported + $51,157 related
- Deferred
- not reported + $30,500 related
- Nontaxable benefits
- not reported + $20,201 related
- Filer's total
- not reported + $728,159 related
-
Henry SmoklerHENRY SMOKLER
GENERAL COUN
- Total calculated
- $702,287
- From this org
- $0
- From related orgs
- $636,626
- Other
- $65,661
- Hours/week
- 25 + 15 related
Schedule J breakdown matched by us
- Base
- not reported + $439,602 related
- Bonus
- not reported + $160,341 related
- Other
- not reported + $36,683 related
- Deferred
- not reported + $30,500 related
- Nontaxable benefits
- not reported + $35,161 related
- Filer's total
- not reported + $702,287 related
-
Arjun ChowdriARJUN CHOWDRI
CIO
- Total calculated
- $585,277
- From this org
- $0
- From related orgs
- $539,181
- Other
- $46,096
- Hours/week
- 25 + 15 related
Schedule J breakdown matched by us
- Base
- not reported + $352,155 related
- Bonus
- not reported + $135,024 related
- Other
- not reported + $52,002 related
- Deferred
- not reported + $25,477 related
- Nontaxable benefits
- not reported + $20,619 related
- Filer's total
- not reported + $585,277 related
-
Sandra CrossSANDRA CROSS
CPO
- Total calculated
- $506,174
- From this org
- $0
- From related orgs
- $472,502
- Other
- $33,672
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $311,762 related
- Bonus
- not reported + $119,834 related
- Other
- not reported + $40,906 related
- Deferred
- not reported + $25,476 related
- Nontaxable benefits
- not reported + $8,196 related
- Filer's total
- not reported + $506,174 related
-
George WhitakerGEORGE WHITAKER
SR. DIRECTOR
- Total calculated
- $479,204
- From this org
- $0
- From related orgs
- $424,380
- Other
- $54,824
- Hours/week
- 19 + 21 related
Schedule J breakdown matched by us
- Base
- not reported + $197,270 related
- Bonus
- not reported + $45,248 related
- Other
- not reported + $181,862 related
- Deferred
- not reported + $25,906 related
- Nontaxable benefits
- not reported + $28,918 related
- Filer's total
- not reported + $479,204 related
-
Robert SmithROBERT SMITH
GM
- Total calculated
- $440,911
- From this org
- $0
- From related orgs
- $386,651
- Other
- $54,260
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- not reported + $251,175 related
- Bonus
- not reported + $83,591 related
- Other
- not reported + $51,885 related
- Deferred
- not reported + $26,092 related
- Nontaxable benefits
- not reported + $28,168 related
- Filer's total
- not reported + $440,911 related
-
Kevin ScottKEVIN SCOTT
CTO
- Total calculated
- $429,680
- From this org
- $0
- From related orgs
- $399,155
- Other
- $30,525
- Hours/week
- 19 + 21 related
Schedule J breakdown matched by us
- Base
- not reported + $290,979 related
- Bonus
- not reported + $65,287 related
- Other
- not reported + $42,889 related
- Deferred
- not reported + $30,500 related
- Nontaxable benefits
- not reported + $25 related
- Filer's total
- not reported + $429,680 related
-
Kevin RingKEVIN RING
CRO
- Total calculated
- $424,985
- From this org
- $0
- From related orgs
- $420,823
- Other
- $4,162
Schedule J breakdown matched by us
- Base
- not reported + $26,995 related
- Bonus
- not reported
- Other
- not reported + $393,828 related
- Deferred
- not reported + $2,457 related
- Nontaxable benefits
- not reported + $1,705 related
- Filer's total
- not reported + $424,985 related
-
John LindertJOHN LINDERT
PRESIDENT
- Total calculated
- $107,181
- From this org
- $0
- From related orgs
- $107,181
- Other
- $0
- Hours/week
- 4 + 6 related
-
Don ReaDON REA
VICE PRESIDE
- Total calculated
- $84,067
- From this org
- $0
- From related orgs
- $84,067
- Other
- $0
- Hours/week
- 4 + 6 related
-
Jared BarnesJARED BARNES
DISTRICT 9 D
- Total calculated
- $12,728
- From this org
- $0
- From related orgs
- $12,728
- Other
- $0
- Hours/week
- 4 + 1 related
-
Nathan CharnesNATHAN CHARNES
SECRETARY
- Total calculated
- $9,840
- From this org
- $0
- From related orgs
- $9,840
- Other
- $0
- Hours/week
- 4 + 6 related
-
Ed HabjanED HABJAN
DISTRICT 4 D
- Total calculated
- $9,255
- From this org
- $0
- From related orgs
- $9,255
- Other
- $0
- Hours/week
- 4 + 1 related
-
John E PillarJOHN E PILLAR
DISTRICT 2 D
- Total calculated
- $8,617
- From this org
- $0
- From related orgs
- $8,617
- Other
- $0
- Hours/week
- 4 + 1 related
-
Greg NeujahrGREG NEUJAHR
DISTRICT 8 D
- Total calculated
- $8,349
- From this org
- $0
- From related orgs
- $8,349
- Other
- $0
- Hours/week
- 4 + 1 related
-
Eric EshlemanERIC ESHLEMAN
DISTRICT 3 D
- Total calculated
- $6,971
- From this org
- $0
- From related orgs
- $6,971
- Other
- $0
- Hours/week
- 4 + 1 related
-
Derek GutierrezDEREK GUTIERREZ
DISTRICT 12
- Total calculated
- $6,905
- From this org
- $0
- From related orgs
- $6,905
- Other
- $0
- Hours/week
- 4 + 1 related
-
Barry HowardBARRY HOWARD
DISTRICT 7 D
- Total calculated
- $5,699
- From this org
- $0
- From related orgs
- $5,699
- Other
- $0
- Hours/week
- 4 + 1 related
-
John McNairJOHN MCNAIR
DISTRICT 11
- Total calculated
- $4,745
- From this org
- $0
- From related orgs
- $4,745
- Other
- $0
- Hours/week
- 4 + 1 related
-
Robert ElliottROBERT ELLIOTT
DISTRICT 6 D
- Total calculated
- $4,583
- From this org
- $0
- From related orgs
- $4,583
- Other
- $0
- Hours/week
- 4 + 1 related
-
Paige CribbPAIGE CRIBB
DISTRICT 10
- Total calculated
- $4,551
- From this org
- $0
- From related orgs
- $4,551
- Other
- $0
- Hours/week
- 4 + 1 related
-
Steve ParkerSTEVE PARKER
DISTRICT 5 D
- Total calculated
- $4,154
- From this org
- $0
- From related orgs
- $4,154
- Other
- $0
- Hours/week
- 4 + 1 related
-
Cathy HarbinCATHY HARBIN
AT-LARGE DIR
- Total calculated
- $3,346
- From this org
- $0
- From related orgs
- $3,346
- Other
- $0
- Hours/week
- 4 + 1 related
-
Russ LibbyRUSS LIBBY
DISTRICT13
- Total calculated
- $2,800
- From this org
- $0
- From related orgs
- $2,800
- Other
- $0
- Hours/week
- 4 + 1 related
-
Andrea B SmithANDREA B SMITH
INDEP. DIR
- Total calculated
- $2,517
- From this org
- $0
- From related orgs
- $2,517
- Other
- $0
- Hours/week
- 4 + 1 related
-
Lori LeeLORI LEE
INDEP. DIR
- Total calculated
- $1,855
- From this org
- $0
- From related orgs
- $1,855
- Other
- $0
- Hours/week
- 4 + 1 related
-
Jeff LessigJEFF LESSIG
DISTRICT 14
- Total calculated
- $1,551
- From this org
- $0
- From related orgs
- $1,551
- Other
- $0
- Hours/week
- 4 + 1 related
-
Larry KelleyLARRY KELLEY
DISTRICT 1 D
- Total calculated
- $410
- From this org
- $0
- From related orgs
- $410
- Other
- $0
- Hours/week
- 4 + 1 related
-
Charley HoffmanCHARLEY HOFFMAN
PLAYER DIR
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
Gideon YuGIDEON YU
INDEP. DIR
- Total calculated
- $0
- Hours/week
- 4 + 1 related
-
John ConnellyJOHN CONNELLY
CFO
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1a · Travel for companions
- 1a · Tax indemnification and gross-up payments
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$1,991,815
CHARITABLE
-
$700,000
CHARITABLE
-
$500,000
CHARITABLE
-
$100,000
CHARITABLE
-
CHARITABLE
-
CHARITABLE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · GROW GOLF · FL · controlled entity
Directly controlled by NA
-
PGA FINANCIAL ASSISTANCE FUND INC
501C3 · FINC'L AID · FL · controlled entity
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
PGA SIF LP
EXCLUDED · INVESTMENT · DE
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NEXTGENGOLF INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA OF AM PGA OF AMERICA
-
PGA CORPORATION
C CORP · GOLF RLTD. · FL
Directly controlled by PGA OF AM 1916 PGA PARKWAY
-
PGA GOLF DEVELOPMENT INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA GLF PR PGA GOLF PROPERTIES INC
-
PGA GOLF ENTERPRISES INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA CORP PGA CORPORATION
-
PGA GOLF PROPERTIES INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA CORP PGA CORPORATION
-
PGA GOLF PARTNERS INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA GLF PR PGA GOLF PROPERTIES INC
-
PGA MANAGEMENT SERVICES INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA GLF PR PGA GOLF PROPERTIES INC
-
PGA RESERVE INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA GLF PR PGA GOLF PROPERTIES INC
-
PGA TOURNAMENT CORPORATION INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA CORP PGA CORPORATION
-
PGA VALHALLA INC
C CORP · GOLF RLTD. · FL
Directly controlled by PGA GLF PT PGA GOLF PARTNERS INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420449349302252
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