Totals
- Total revenue
- $2,462,085
- Total expenses
- $2,470,273
- Contributions and grants received
- $1,023,970
- Grants paid
- $294,000
- Program service revenue
- $1,437,365
- Investment income
- $750
- Other revenue
- $0
- Total assets, end of year
- $361,276
- Total liabilities, end of year
- $963,134
- Net assets or fund balances, end of year
- -$601,858
- Program services expenses (Part IX)
- $2,454,195
- Management and general expenses
- $16,078
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,454,195
Program services were 99.3% 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.
-
1f · All other contributions, gifts and grants
$1,023,970
-
2a · Program service revenue: TOURNAMENT SPONSORSHIP
total $941,595 · related or exempt $941,595
-
2b · Program service revenue: PRO-AM
total $410,495 · related or exempt $410,495
-
2c · Program service revenue: INSIDER'S CLUB INCOME
total $85,275 · related or exempt $85,275
-
3 · Investment income
total $750 · unrelated business $750
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $294,000 · program services $294,000
-
11g · Fees: other
total $300,607 · program services $300,607
-
12 · Advertising and promotion
total $77,580 · program services $77,580
-
13 · Office expenses
total $1,958 · management and general $1,958
-
17 · Travel
total $5,017 · management and general $5,017
-
23 · Insurance
total $11,884 · program services $11,884
-
24a · Other expenses: PGA TOUR EXPENSE
total $1,073,300 · program services $1,073,300
-
24b · Other expenses: TOURNAMENT FOOD/SUPPLIE
total $367,599 · program services $367,599
-
24c · Other expenses: TOURNAMENT HOSPITALITY
total $152,210 · program services $152,210
-
24d · Other expenses: PRO-AM EXPENSE
total $128,971 · program services $128,971
-
24e · All other expenses
total $57,147 · program services $48,044 · management and general $9,103
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $616,950 · end of year $336,869
-
4 · Accounts receivable
beginning of year $74,622 · end of year $24,407
-
17 · Accounts payable and accrued expenses
beginning of year $1,238,242 · end of year $228,550
-
19 · Deferred revenue
beginning of year $47,000 · end of year $53,084
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $681,500
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year -$593,670 · end of year -$601,858
Mission and programs · 2022
Mission
TO HELP ENHANCE SOUTHWESTERN INDIANA'S CULTURE, IMAGE, ECONOMY & QUALITY OF LIFE THROUGH THE ATTRACTION, PROMOTION AND DEVELOPMENT OF FAMILY ORIENTED AND NATIONAL SPORTING EVENTS.
Activities or mission (Part I)
TO HELP ENHANCE SOUTHWESTERN INDIANA'S CULTURE, IMAGE, ECONOMY & QUALITY OF LIFE THROUGH THE ATTRACTION, PROMOTION, AND DEVELOPMENT OF FAMILY ORIENTED AND NATIONAL SPORTING EVENTS.
-
TOURNAMENT SPONSORSHIPS
Expenses $2,191,596 · Grants $168,000 · Revenue $941,595
-
PRO AM
Expenses $128,971 · Revenue $410,495
-
INSIDER'S CLUB
Expenses $133,628 · Grants $126,000 · Revenue $85,275
As filed on the 2022 return.
Listed in Part VII
-
Jack PateJACK PATE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 6
-
Ron RomainRON ROMAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bob JonesBOB JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike WoodsMIKE WOODS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Doug PetittDOUG PETITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Evan BeckEVAN BECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bob KochBOB KOCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carol McClintockCAROL MCCLINTOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pete ParadossiPETE PARADOSSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas SalmonTHOMAS SALMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark SchroederMARK SCHROEDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Trudy StockTRUDY STOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda WhiteLINDA WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard LegerRICHARD LEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve RoelleSTEVE ROELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim RyanJIM RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John LambJOHN LAMB
DIRECTOR
- 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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$275,000
TO SUPPORT NONPROFIT IN THEIR EFFORTS TO IMPROVE ACCESSIBILITY, AFFORDABILITY, AND QUALITY OF CHILD CARE.
-
$9,000
TO SUPPORT NONPROFIT IN THEIR EFFORTS TO HELP PEOPLE PREPARE, RESPOND, AND RECOVER FROM DISASTERS.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323149349304812
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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