NFP500

#81 of 500 · Arts, Culture & Sport

Pga Tour Inc

EIN 52-0999206 · FL · NTEE n/a · Form 990, fiscal 2023

The organization that operates professional golf tours in the United States, including the PGA Tour, Korn Ferry Tour, and PGA Tour Champions. Historically a tax-exempt membership organization founded in 1968 and based in Ponte Vedra Beach, Florida, it organizes and administers tournaments, whose associated events channel substantial proceeds to local charities.

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Financials, fiscal 2023

Revenue
$1.83B
Expenses
$1.89B
Total assets
$4.34B
Net assets
$1.23B
Operating margin
-3.4%
1-year growth
-3.6%
5-year growth (CAGR)
4.5%
Reserve (years of spending)
7.8
Contributions share
n/a
Programme spending
75.9%
Fundraising cost
n/a
Executive pay share
6.16%
Employees
1,265
Revenue per employee
$1.4M
Grants paid
$41.1M
Years filing
46

NFP Health Score: 71 / 100

Financial 62 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To positively impact communities through the showcase of golf's greatest players.

Revenue history

YearRevenue
2019$1.53B
2020$1.16B
2021$1.59B
2022$1.90B
2023$1.83B