Florida · Nonprofit
PGA TOUR INC
PGA TOUR INC (Florida) receives grants from 24 organizations whose IRS filings report $5,115,434 to it, the largest being MASTERS TOURNAMENT FOUNDATION INC ($3,000,000). 10 of them have funded it in more than one year.
- Revenue FY2024
- $761M
- Funders on record
- 24
- Grants received
- $5.1M
- Net assets
- $1.6B
What Pga Tour Inc does
Mission
The principal mission of pga tour, inc. Is to promote the sport of professional golf through sanctioning and administering golf tournaments and promoting the common interests of touring golf professionals. This is accomplished by providing competitive earnings opportunities for members of its various professional golf tours (pga tour, pga tour champions, korn ferry tour, and pga tour americas - collectively known as the pga tour); protecting the integrity of the game; helping to grow golf talent by operating two (2) feeder tours around the world; and helping grow the reach of the game in the u.s. And around the world.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
In january 2024, the pga tour and strategic sports group ("ssg"), a consortium of american sports team owners, announced the launch of pga tour enterprises, a new joint venture subsidiary under pga tour, inc.'s control. As part of pga tour enterprises, ssg will also provide strategic focus on maximizing revenue generation for the benefit of the players and on finding opportunities to enhance the game of golf across the world. Pga tour, inc. Remains a membership organization devoted to carrying out the tax-exempt purposes and activities of promoting the sport of professional golf and the common interests of touring golf professionals through pga tour enterprises, consistent with the authority of rev. Rul. 98-15.
Its own explanation, from Schedule O of that return (Part III, line 3).
The principal mission of pga tour, inc. Is the promotion of the sport of professional golf and the common interests of the touring professional golfer as well as growth of the game. This is primarily accomplished through managing and co-sponsoring professional golf tournaments, securing corporate sponsorship of tournaments and other programs, and securing television exposure for its professional golf tournaments. By managing and co-sponsoring four professional golf tournament divisions (pga tour, pga tour champions, korn ferry tour, and pga tour americas - collectively known as the pga tour), pga tour, inc. Provides opportunities for the touring professional golfer to compete and earn prize money and benefits while growing the game by exposing it to the general public through attendance and television and other media engagement. In 2024, the various tours collectively held 115 tournaments. Total prize money and other player-related benefits earned through competition by professional golfers across the various tours in 2024 exceeded $975 million. These tournaments were played in at least 35 u.s. States and 16 different countries in 2024, allowing people throughout the world the…
In addition to promoting and building the sport of professional golf, pga tour, inc. Is committed to generating substantial charitable contributions in the communities where its tournaments are played, even though pga tour, inc. Is not a charitable irc section 501(c)(3) organization. A majority of the tournaments are operated by charitable organizations that give the net proceeds from the tournament to local charities. Areas of support include, but are not limited to, healthcare, education, youth development, disaster relief, food banks, military, and environment. The pga tour also continues its 10-year, $100+ million commitment to support nonprofit organizations that address the disparities that disproportionately affect black citizens and underrepresented and underserved populations. With this increased focus to improve the pga tour's understanding and collaboration with its partners and communities, at the time of filing this return, $174 million has been generated, driving impact across communities. To date, tournaments across the pga tour have generated more than $4 billion of total charitable donations since the first $10,000 contribution was made in 1938. The pga tour's…
Pga tour, inc. Includes, as part of its mission statement, the dedication to protect the integrity of the game of professional golf. The touring professional golfer has an unwavering adherence to golf's inherent values, such as honesty, integrity, and sportsmanship. Golf is a sport in which players call penalties on themselves, whether an infraction is visible to others or not. It is a sport in which competitors shake hands and congratulate one another at the conclusion of each and every round, tournament or match, without fail. It is also a sport that faithfully teaches each generation of participants from the earliest age that its rules are uncompromisable. These are values that pga tour, inc.'s touring professional golfers live by and demonstrate every round of every tournament.
The 3 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $5.3B to $4.3B (−18%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Herlihy Edward D
Chairman / President
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 8 funders, grant income rose $60k → $291k.
1 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PGA TOUR INC’s funders (the co-funder graph). Top 23 of 24 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PGA TOUR INC leans on a few funders — its largest provides 59% of grant income and the top three 82%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 83% · 2018 47% · 2019 69% · 2020 91% · 2021 55% · 2022 44% · 2023 52% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
31% of PGA TOUR INC's funders are still giving 3 years after their first grant; 42% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
PGA TOUR INC draws 88% of its grant income from funders outside Florida, across 11 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $60k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding PGA TOUR INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $478k on record.
- STATE FINANCIAL ASSISTANCE - GENERAL $343k
- REFUNDS - GENERAL $135k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PGA TOUR INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Files a return copy in 26 states
Part of a family of 35 related entities
- Tournament Event Logistics LLC · disregarded
- Event Management International LLC · disregarded
- Tpc License Company LLC · disregarded
- Pga Tour International LLC · disregarded
- The Presidents Cup LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for PGA TOUR INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PGA TOUR INC?
- PGA TOUR INC (Florida) receives grants from 24 organizations whose IRS filings report $5,115,434 to it, the largest being MASTERS TOURNAMENT FOUNDATION INC ($3,000,000). 10 of them have funded it in more than one year.
- How many funders does PGA TOUR INC have?
- IRS filings report 24 organizations giving $5,115,434 in grants to PGA TOUR INC, 10 of which have funded it in more than one year.
- Who is the largest funder of PGA TOUR INC?
- MASTERS TOURNAMENT FOUNDATION INC is the largest funder on record, with $3,000,000 in grants. The full list of funders is on this page.
- How can an organization like PGA TOUR INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 24 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing