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Nonprofiteer
← PGA TOUR INC

Form 990 for tax year 2022

Filed by PGA TOUR INC.

Totals

Total revenue
$1,897,747,134
Total expenses
$1,865,792,074
Contributions and grants received
$0
Grants paid
$46,407,136
Program services expenses (Part IX)
$0
Management and general expenses
not reported
Fundraising expenses
not reported
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.

Listed in Part VII

  • McIlroy Rory

    Player Director

    Total calculated
    $29,420,341
    From this org
    $28,318,117
    From related orgs
    $0
    Other
    $1,102,224
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $28,318,117
    Deferred
    $1,102,224
    Nontaxable benefits
    $0
    Filer's total
    $29,420,341

  • Monahan Joseph W

    Commissioner

    Total calculated
    $18,620,857
    From this org
    $9,693,226
    From related orgs
    $5,267,048
    Other
    $3,660,583
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $1,630,182 + $161,227 related
    Bonus
    $7,931,223 + $1,288,808 related
    Other
    $131,821 + $3,817,013 related
    Deferred
    $47,865 + $3,583,787 related
    Nontaxable benefits
    $26,327 + $2,604 related
    Filer's total
    $9,767,418 + $8,853,439 related

  • Lightcap Jeanne F

    EVP Finance

    Total calculated
    $6,769,453
    From this org
    $2,219,444
    From related orgs
    $4,010,168
    Other
    $539,841
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $284,096 + $34,980 related
    Bonus
    $640,778 + $137,152 related
    Other
    $1,294,570 + $3,838,036 related
    Deferred
    $428,626 + $97,918 related
    Nontaxable benefits
    $11,568 + $1,729 related
    Filer's total
    $2,659,638 + $4,109,815 related

  • Kisner Kevin

    Player Director

    Total calculated
    $4,622,701
    From this org
    $4,323,332
    From related orgs
    $0
    Other
    $299,369
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $4,323,332
    Deferred
    $299,369
    Nontaxable benefits
    $0
    Filer's total
    $4,622,701

  • Sharkey Kenneth J

    EVP & CFO, Thru 06/30

    Total calculated
    $4,520,715
    From this org
    $2,268,390
    From related orgs
    $1,974,514
    Other
    $277,811
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $350,370 + $132,880 related
    Bonus
    $753,448 + $657,225 related
    Other
    $1,164,572 + $1,184,409 related
    Deferred
    $108,165 + $168,962 related
    Nontaxable benefits
    $383 + $301 related
    Filer's total
    $2,376,938 + $2,143,777 related

  • Price Ronald E

    Chief Operating Officer

    Total calculated
    $3,725,738
    From this org
    $1,844,328
    From related orgs
    $1,848,115
    Other
    $33,295
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $575,390 + $181,702 related
    Bonus
    $1,166,277 + $368,298 related
    Other
    $102,661 + $1,298,115 related
    Deferred
    $0
    Nontaxable benefits
    $25,304 + $7,991 related
    Filer's total
    $1,869,632 + $1,856,106 related

  • Votaw Ty M

    EVP International

    Total calculated
    $3,340,005
    From this org
    $1,926,364
    From related orgs
    $855,672
    Other
    $557,969
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $333,888 + $68,532 related
    Bonus
    $769,131 + $276,861 related
    Other
    $823,345 + $510,279 related
    Deferred
    $269,912 + $272,735 related
    Nontaxable benefits
    $10,572 + $4,750 related
    Filer's total
    $2,206,848 + $1,133,157 related

  • Keller Allison W

    Chief Administrative Officer

    Total calculated
    $2,567,221
    From this org
    $1,289,381
    From related orgs
    $1,189,979
    Other
    $87,861
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $330,776 + $194,265 related
    Bonus
    $920,353 + $403,104 related
    Other
    $38,252 + $592,610 related
    Deferred
    $36,365 + $21,357 related
    Nontaxable benefits
    $18,988 + $11,151 related
    Filer's total
    $1,344,734 + $1,222,487 related

  • Anderson Richard D

    Chief Media Officer

    Total calculated
    $2,496,414
    From this org
    $1,741,973
    From related orgs
    $610,215
    Other
    $144,226
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $482,744 + $4,876 related
    Bonus
    $1,221,736 + $116,448 related
    Other
    $37,493 + $488,891 related
    Deferred
    $88,481 + $28,555 related
    Nontaxable benefits
    $26,918 + $272 related
    Filer's total
    $1,857,372 + $639,042 related

  • Pazder James A

    Chief Tourn & Competitions Ofc

    Total calculated
    $1,898,052
    From this org
    $1,315,202
    From related orgs
    $503,512
    Other
    $79,338
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $345,769 + $70,820 related
    Bonus
    $919,122 + $148,762 related
    Other
    $50,311 + $283,930 related
    Deferred
    $30,811 + $16,905 related
    Nontaxable benefits
    $26,246 + $5,376 related
    Filer's total
    $1,372,259 + $525,793 related

  • Dennis Leland T

    EVP & President PGA TOUR

    Total calculated
    $1,657,949
    From this org
    $804,964
    From related orgs
    $791,377
    Other
    $61,608
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $303,795 + $30,046 related
    Bonus
    $468,132 + $28,607 related
    Other
    $33,037 + $732,724 related
    Deferred
    $28,454 + $2,814 related
    Nontaxable benefits
    $27,609 + $2,731 related
    Filer's total
    $861,027 + $796,922 related

  • Brown Leonard

    Chief Legal Ofc & EVP Licenses

    Total calculated
    $1,597,465
    From this org
    $840,111
    From related orgs
    $661,030
    Other
    $96,324
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $225,333 + $169,988 related
    Bonus
    $589,205 + $272,024 related
    Other
    $25,573 + $219,018 related
    Deferred
    $36,894 + $28,397 related
    Nontaxable benefits
    $17,689 + $13,344 related
    Filer's total
    $894,694 + $702,771 related

  • Oliver Brian M

    EVP Marketing & Corp Partners

    Total calculated
    $1,509,035
    From this org
    $1,243,842
    From related orgs
    $197,276
    Other
    $67,917
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $353,792 + $14,741 related
    Bonus
    $857,640 + $19,492 related
    Other
    $32,410 + $163,043 related
    Deferred
    $39,517 + $1,647 related
    Nontaxable benefits
    $25,683 + $1,070 related
    Filer's total
    $1,309,042 + $199,993 related

  • Hahn James

    Player Director / Treasurer

    Total calculated
    $1,341,219
    From this org
    $1,130,100
    From related orgs
    $0
    Other
    $211,119
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $1,130,100
    Deferred
    $211,119
    Nontaxable benefits
    $0
    Filer's total
    $1,341,219

  • Madara Jay M

    EVP & CFO, As of 07/01

    Total calculated
    $1,185,031
    From this org
    $888,014
    From related orgs
    $240,168
    Other
    $56,849
    Hours/week
    40 + 20 related

    Schedule J breakdown matched by us

    Base
    $293,285 + $77,962 related
    Bonus
    $505,958 + $134,495 related
    Other
    $88,771 + $27,711 related
    Deferred
    $0
    Nontaxable benefits
    $44,911 + $11,938 related
    Filer's total
    $932,925 + $252,106 related

  • Berlin Ross A

    SVP Player Relations

    Total calculated
    $1,124,295
    From this org
    $1,115,522
    From related orgs
    $0
    Other
    $8,773
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $219,537
    Bonus
    $270,297
    Other
    $625,688
    Deferred
    $0
    Nontaxable benefits
    $8,773
    Filer's total
    $1,124,295

  • Ohno Robert K

    SVP International Tours

    Total calculated
    $1,091,710
    From this org
    $852,545
    From related orgs
    $0
    Other
    $239,165
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $341,104
    Bonus
    $475,771
    Other
    $35,670
    Deferred
    $207,826
    Nontaxable benefits
    $31,339
    Filer's total
    $1,091,710

  • Hoffman Charley

    Player Director / Secretary

    Total calculated
    $994,612
    From this org
    $899,522
    From related orgs
    $0
    Other
    $95,090
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $899,522
    Deferred
    $95,090
    Nontaxable benefits
    $0
    Filer's total
    $994,612

  • Rapp Matthew H

    SVP Championship Management

    Total calculated
    $930,952
    From this org
    $853,194
    From related orgs
    $0
    Other
    $77,758
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $315,071
    Bonus
    $511,551
    Other
    $26,572
    Deferred
    $62,873
    Nontaxable benefits
    $14,885
    Filer's total
    $930,952

  • Glod Jr Daniel T

    SVP Player Partnerships

    Total calculated
    $906,542
    From this org
    $831,552
    From related orgs
    $0
    Other
    $74,990
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $318,107
    Bonus
    $470,425
    Other
    $43,020
    Deferred
    $44,102
    Nontaxable benefits
    $30,888
    Filer's total
    $906,542

  • Neal Laura

    EVP Media Content & Comms

    Total calculated
    $857,870
    From this org
    $793,267
    From related orgs
    $0
    Other
    $64,603
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $334,840
    Bonus
    $429,420
    Other
    $29,007
    Deferred
    $34,264
    Nontaxable benefits
    $30,339
    Filer's total
    $857,870

  • Baldwin Alexandra C

    President Korn Ferry Tour

    Total calculated
    $746,636
    From this org
    $688,376
    From related orgs
    $0
    Other
    $58,260
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $323,997
    Bonus
    $325,559
    Other
    $38,820
    Deferred
    $52,817
    Nontaxable benefits
    $5,443
    Filer's total
    $746,636

  • Brady Jr Jack M

    President PGA TOUR Champions

    Total calculated
    $733,056
    From this org
    $658,886
    From related orgs
    $0
    Other
    $74,170
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $279,860
    Bonus
    $358,953
    Other
    $20,073
    Deferred
    $44,209
    Nontaxable benefits
    $29,961
    Filer's total
    $733,056

  • Wade Thomas E

    Former Chief Commercial Ofc

    Total calculated
    $400,000
    From this org
    $400,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $400,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $400,000

  • Herlihy Edward D

    Chairman / President

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ganzi Victor F

    Independent Director

    Total calculated
    $0
    Hours/week
    1

  • Stephenson Randall L

    Independent Director

    Total calculated
    $0
    Hours/week
    1

  • Meeker Mary G

    Independent Director

    Total calculated
    $0
    Hours/week
    1

  • Flaherty Mark A

    Independent Director

    Total calculated
    $0
    Hours/week
    1

  • Richerson James J

    PGA of America Dir, Thru 10/31

    Total calculated
    $0
    Hours/week
    1

  • Lindert John

    PGA of America Dir, As of 11/1

    Total calculated
    $0
    Hours/week
    1

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 — 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
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Schedule J, Part II, Player Compensation
COMPENSATION REPORTED FOR PLAYER DIRECTORS IN PART VII AND SCHEDULE J OF FORM 990 REPRESENTS COMPENSATION EARNED IN THE CALENDAR YEAR BY EACH PLAYER FOR PARTICIPATION IN VARIOUS GOLF TOURNAMENTS. OTHER THAN REIMBURSEMENT FOR DOCUMENTED EXPENSES TO ATTEND BOARD MEETINGS, INDIVIDUALS DO NOT RECEIVE COMPENSATION FOR THEIR SERVICE TO THE PGA TOUR AS A PLAYER DIRECTOR.
Schedule J, Part I, Line 1A
IN SOME CASES, CERTAIN INDIVIDUALS LISTED ON PART VII AND SCHEDULE J MAY USE FIRST-CLASS OR CHARTER TRAVEL (I.E., A CORPORATE PLANE OF A TOUR SUBSIDIARY AND/OR A THIRD PARTY) FOR BUSINESS OR PERSONAL USE BASED UPON SECURITY CONCERNS, PRIVACY CONCERNS, TIMING CONCERNS, AND LENGTH OF TRIP. THE TOUR'S GOVERNING BOARD REQUIRES THAT THE COMMISSIONER USE CHARTER FLIGHTS FOR ALL TRAVEL, BOTH BUSINESS AND PERSONAL, BECAUSE OF SECURITY CONCERNS, PRIVACY CONCERNS, AND TIMING CONCERNS. THIS PROVISION OF FIRST-CLASS OR CHARTER TRAVEL IS IN ACCORDANCE WITH WRITTEN COMPANY POLICY AND, WHEN REQUIRED (E.G., PERSONAL USE), THE APPROPRIATE VALUE IS CALCULATED AND REPORTED AS TAXABLE TO EACH APPLICABLE RECIPIENT IN ACCORDANCE WITH THE APPLICABLE TAX RULES. PERSONAL USE OF FIRST-CLASS OR CHARTER TRAVEL, INCLUDING THE PERSONAL USE OF A CORPORATE PLANE OF A TOUR SUBSIDIARY AND/OR A THIRD PARTY, IS REPORTED AS TAXABLE WAGES ON FORM 990, SCHEDULE J, PART II, COLUMN (b)(iii). PGA TOUR, INC. PERMITS COMPANION TRAVEL FOR EMPLOYEES REPORTED ON PART VII AND SCHEDULE J IN LIMITED CASES, BASED ON CERTAIN FACTS AND CIRCUMSTANCES, WHERE SUCH TRAVEL ENHANCES AND PROMOTES TOUR'S BUSINESS. PGA TOUR, INC.'S PROVISION OF TRAVEL FOR COMPANIONS IS IN ACCORDANCE WITH WRITTEN COMPANY POLICY AND, WHEN REQUIRED (E.G., PERSONAL USE), THE APPROPRIATE VALUE IS CALCULATED AND REPORTED AS TAXABLE TO EACH APPLICABLE RECIPIENT IN ACCORDANCE WITH THE APPLICABLE TAX RULES. PERSONAL USE OF TRAVEL FOR COMPANIONS IS REPORTED AS TAXABLE WAGES ON FORM 990, SCHEDULE J, PART II, COLUMN (b)(iii). ALL EMPLOYEES REPORTED ON PART VII AND SCHEDULE J RECEIVE ACCESS TO HEALTH OR SOCIAL CLUBS FOR BUSINESS AND/OR PERSONAL USE. THIS PROVISION OF ACCESS TO HEALTH OR SOCIAL CLUBS IS IN ACCORDANCE WITH WRITTEN COMPANY POLICY AND, WHEN REQUIRED (E.G., PERSONAL USE), THE APPROPRIATE VALUE IS CALCULATED AND REPORTED AS TAXABLE TO EACH APPLICABLE RECIPIENT IN ACCORDANCE WITH THE APPLICABLE TAX RULES. PERSONAL USE OF HEALTH OR SOCIAL CLUBS IS REPORTED AS TAXABLE WAGES ON FORM 990, SCHEDULE J, PART II, COLUMN (b)(iii). IN LIMITED CASES AND IN CONJUNCTION WITH TOURNAMENT EVENTS THAT PROVIDE NON-CASH BENEFITS, TAX GROSS-UP PAYMENTS ARE PROVIDED.
Schedule J, Part I, Line 4A
PGA TOUR, INC. AND ITS RELATED ORGANIZATIONS MADE SEVERANCE PAYMENTS TO THE FOLLOWING INDIVIDUALS REPORTED ON PART VII AND SCHEDULE J OF FORM 990 IN CALENDAR YEAR 2022: KENNETH J. SHARKEY 2,050,925 JEANNE F. LIGHTCAP 1,460,309 TY M. VOTAW 1,127,000 ROSS A. BERLIN 611,975
Schedule J, Part I, Line 4B
CERTAIN EXECUTIVES PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IS A PLAN OF A RELATED ORGANIZATION AND NOT PGA TOUR, INC. DURING EMPLOYMENT, ACTUARIAL CHANGES ARE REPORTED BY PARTICIPANT AS OTHER WAGES IN PART II COLUMN (B)(III) OF SCHEDULE J. WHEN DISTRIBUTIONS ARE MADE AFTER RETIREMENT, THE REPORTABLE AMOUNT IS THE EXCESS OF THE TOTAL PAYMENT RECEIVED LESS ACTUARIAL AMOUNTS PREVIOUSLY REPORTED. ACTUARIAL AMOUNTS REPORTED AS PART OF THE PLAN TOTALED $11,547,183 IN 2022. THE PLAN PARTICIPANTS WERE RICHARD D. ANDERSON, LEONARD BROWN, LELAND T. DENNIS, ALLISON W. KELLER, JEANNE F. LIGHTCAP, JOSEPH W. MONAHAN, BRIAN M. OLIVER, JAMES A. PAZDER, RONALD E. PRICE, KENNETH J. SHARKEY, AND TY M. VOTAW.
Schedule J, Part II, Column (B)
CERTAIN INDIVIDUALS HAVE AMOUNTS REPORTED IN PART VII, SECTION A, COLUMN (E) AND SCHEDULE J, PART II, COLUMN (B) THAT DIFFER FROM AMOUNTS REPORTED ON THEIR FORM W-2. THIS RESULT WAS DUE TO A CHANGE IN RETIREMENT TIMING WHICH AFFECTED THE VALUE OF RETIREMENT BENEFITS AND IT DOES NOT REPRESENT AN ACTUAL ACCRUAL OF BENEFITS UNDER THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. BECAUSE THIS VARIANCE WAS A RESULT OF RETIREMENT TIMING, IT IS NOT EXPECTED TO OCCUR ON AN ONGOING BASIS. IN 2022, THE INDIVIDUALS THAT HAVE AMOUNTS REPORTED IN PART VII AND SCHEDULE J THAT DIFFER FROM AMOUNTS REPORTED ON FORM W-2 ARE JEANNE F. LIGHTCAP, RONALD E. PRICE, KENNETH J. SHARKEY, AND TY M. VOTAW.
Schedule J, Part II, Column (F)
CERTAIN INDIVIDUALS RECEIVED A PAYOUT OF OR VESTED IN COMPENSATION PREVIOUSLY REPORTED AS DEFERRED. THIS AMOUNT WAS REPORTED ON PREVIOUS YEARS' FORMS 990 AS DEFERRED COMPENSATION AND IS REPORTED ON THE CURRENT FORM 990 IN BOTH SCHEDULE J, PART II, COLUMN (B) AND COLUMN (F). IN 2022, THE INDIVIDUALS THAT RECEIVED A PAYOUT OF OR VESTED IN COMPENSATION PREVIOUSLY REPORTED AS DEFERRED WERE RICHARD D. ANDERSON, ALEXANDRA C. BALDWIN, JACK M. BRADY, JR., LEONARD BROWN, LELAND T. DENNIS, DANIEL T. GLOD, JR., ALLISON W. KELLER, JEANNE F. LIGHTCAP, JOSEPH W. MONAHAN, ROBERT K. OHNO, BRIAN M. OLIVER, JAMES A. PAZDER, KENNETH J. SHARKEY, AND TY M. VOTAW.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
12 November 2023
IRS schema version
2022v5.0
Source object
202343189349314014

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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