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New York · Nonprofit

USTA NATIONAL TENNIS CENTER INCORPORATED

USTA NATIONAL TENNIS CENTER INCORPORATED (New York) receives grants from 2 organizations whose IRS filings report $1,345,567 to it, the largest being HESS FOUNDATION INC ($1,025,000). 0 of them have funded it in more than one year.

Revenue FY2024
$140M
Funders on record
2
Grants received
$1.3M
Net assets
$-106096883
0/2 repeat funderspeak grant-dependency 1%
01What it does

What Usta National Tennis Center Incorporated does

Mission

To promote and develop the game of tennis as a means to healthful recreation and physical fitness and to operate a year-round public recreational facility.

As stated on its FY2024 Form 990.

Programs

  1. The usta billie jean king national tennis center annually hosts the us open tennis championships, open to male and female professional and amateur tennis players. Ntc's exempt purposes includes the operation of tennis facilities, part of which includes the us open. In 2024, the us open surpassed 1,000,000 fans in attendance over the course of the three weeks of the tournament for the first time, including more than 215,000 attendees to 'us open fan week,' which is free and open to the public.

    $116,147,405 spentof which $200,000 as grants$128,611,009 earned by the program
    89% of program spending
  2. The community tennis development program at the usta billie jean king national tennis center promotes and develops the game of tennis for youngsters and the general public through tennis clinics and development; tournaments; summer camps and teaching programs.

    $13,914,403 spent$6,857,402 earned by the program
    11% of program spending
  3. In accordance with the new york city lease and in furtherance of its charitable purpose of lessening the burdens of the government of the city of new york, the ntc is available for recreational events, ethnic and community festivals, scholastic athletic events and other public spectator events. In 2024, the ntc welcomed the westminster kennel club dog show for the second consecutive year, all-elite wrestling for the fourth conesecutive year and hosted a number of high school and college graduations. The facility is a largely year-round public facility for the people of nyc.

    $398,448 spent$3,050,583 earned by the program
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $130,460,256.

02The organization over time

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($93M) Expenses 100 ($111M) Net assets 100 ($49M)2018 Revenue 102 ($94M) Expenses 108 ($119M) Net assets 49 ($24M)2019 Revenue 120 ($111M) Expenses 125 ($138M) Net assets -7 ($-3465346)2020 Revenue 7 ($6.6M) Expenses 95 ($105M) Net assets -207 ($-102047064)2021 Revenue 109 ($101M) Expenses 109 ($121M) Net assets -248 ($-121902414)2022 Revenue 134 ($124M) Expenses 116 ($129M) Net assets -257 ($-126243648)2023 Revenue 152 ($141M) Expenses 118 ($130M) Net assets -233 ($-114837204)2024 Revenue 151 ($140M) Expenses 119 ($131M) Net assets -216 ($-106096883)
'17'18'19'20'21'22'23'24
Revenue (151)Expenses (119)Net assets (-216)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $685M to $820M (+20%).

$685M
$820M
$757M
$725M
$677M
$645M
$632M
$656M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of USTA NATIONAL TENNIS CENTER INCORPORATED’s revenue is contributions — more earned-revenue than three-quarters of its peers (5% for the typical peer).

This organization
Typical peer · 24 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$18M
’17
−$25M
’18
−$28M
’19
−$99M
’20
−$20M
’21
−$4.3M
’22
$11M
’23
$8.6M
’24
3.5
months of
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.

Chief executive

Lewis Sherr

CEO & executive director

Board chair

Brian Hainline

Chairman & president

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2121222322232222
Joined·+1+8+7+8+1+5+1
No longer listed·1769061
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
'25*
total
funders
1
1

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest United States Tennis Association Incorporated). These are real filings, and they are not money USTA NATIONAL TENNIS CENTER INCORPORATED raised.

From the IRS filings of USTA NATIONAL TENNIS CENTER INCORPORATED’s funders (the co-funder graph). 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

USTA NATIONAL TENNIS CENTER INCORPORATED leans on a few funders — its largest provides 76% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

76%
largest funder
100%
top three
~2
effective funders

“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.

Where its funders are

USTA NATIONAL TENNIS CENTER INCORPORATED draws 76% of its grant income from funders outside New York, across 2 states in all.

NY
NJ

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

USTA NATIONAL TENNIS CENTER INCORPORATED runs a healthier operating margin than half of the 22 recreation & sports nonprofits its size.

Operating margin6% · above the median
Months of reserve3.5mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 22 recreation & sports nonprofits over $100M, FY2024

Organizations like USTA NATIONAL TENNIS CENTER INCORPORATED

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 New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

15
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 3 related entities

  • United States Tennis Association Inc · exempt
  • Usta Player Development Inc · exempt
  • Usta Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for USTA NATIONAL TENNIS CENTER INCORPORATED: 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.

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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 USTA NATIONAL TENNIS CENTER INCORPORATED?
USTA NATIONAL TENNIS CENTER INCORPORATED (New York) receives grants from 2 organizations whose IRS filings report $1,345,567 to it, the largest being HESS FOUNDATION INC ($1,025,000). 0 of them have funded it in more than one year.
How many funders does USTA NATIONAL TENNIS CENTER INCORPORATED have?
IRS filings report 2 organizations giving $1,345,567 in grants to USTA NATIONAL TENNIS CENTER INCORPORATED.
Who is the largest funder of USTA NATIONAL TENNIS CENTER INCORPORATED?
HESS FOUNDATION INC is the largest funder on record, with $1,025,000 in grants. The full list of funders is on this page.
How can an organization like USTA NATIONAL TENNIS CENTER INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 2 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