2023-02-15T12:29:13-06:00 2021-12-31 134008324 PRICEWATERHOUSECOOPERS LLP 600 SILKS RUN STE 2210 HALLANDALE BEACH FL 33009 990 2021-01-01 133792400 WTA TOUR INC WTAT 7278955000 110 SECOND AVENUE SOUTH 300-N ST PETERSBURG FL 33701 MATTHEW CENEDELLA COO 7278955000 2023-02-15 1 MATTHEW CENEDELLA 999009999 DEANA LOVE P00231755 3054381800 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z X STEVE SIMON 110 SECOND AVENUE SOUTH 300-N ST PETERSBURG FL 33701 87838750 0 X WWW.WTATENNIS.COM X 1994 NY TO PROMOTE THE GROWTH AND RECOGNITION OF WOMEN'S TENNIS WORLDWIDE. 8 0 88 4 391490 0 0 0 35596986 82697739 815837 1908587 1253259 3215646 37666082 87821972 0 0 1400455 3220870 13520730 16386308 0 0 0 39257148 83371059 54178333 102978237 -16512251 -15156265 98886190 90991112 106601938 114978578 -7715748 -23987466 X WTA TOUR, INC. ORGANIZES, SANCTIONS, ADMINISTERS, GOVERNS AND PROMOTES A SERIES OF WOMEN'S PROFESSIONAL TENNIS TOURNAMENTS WORLDWIDE FOR THE COMMON BENEFIT OF ITS MEMBERS, INCLUDING CURRENT PROFESSIONAL WOMEN TENNIS PLAYERS, PARTICIPATING TOURNAMENTS THAT HAVE RECEIVED A SANCTION, AND THE INTERNATIONAL TENNIS FEDERATION REPRESENTING ITS MEMBER NATIONAL TENNIS ASSOCIATIONS. 0 0 SPONSORSHIPS - THE WTA HAS VARIOUS SPONSORSHIP AGREEMENTS THATPROVIDE FOR ANNUAL FEES. THE WTA HAS CERTAIN OBLIGATIONS UNDERTHESE AGREEMENTS AND HAVE BEEN GRANTED CERTAIN RIGHTS BY THETOURNAMENT CLASS MEMBERS AND PLAYER CLASS MEMBERS AS REQUIRED BYTHESE SPONSORS UNDER THESE AGREEMENTS. TOUR OPERATIONS FEES- REPRESENTS FEES TO THE WTA TOUR TOORGANIZE, ADMINISTER AND GOVERN THE ANNUAL TOUR AS WELL AS FUNDCERTAIN PROGRAM SERVICES EXPENSES. TELEVISION BROADCASTING AND DATA - THE WTA HAS MEDIA RIGHTS AGREEMENTS FOR THE BROADCAST OF CERTAIN TOURNAMENT MATCHES AND LICENSE OF MATCH DATA. THE WTA HAS BEEN GRANTED CERTAIN RIGHTS AS REQUIRED BY THE MEDIA RIGHTS AGREEMENTS FROM TOURNAMENT CLASS MEMBERS AND LICENSED EVENTS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 134 0 88 1 1 1 1 UK CH HK 0 0 0 0 1 0 X 8 0 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 FL X MATTHEW CENEDELLA 7278955000 110 SECOND AVENUE SOUTH 300-N ST PETERSBURG FL 33701 STEVE SIMON CHAIRMAN AND CEO 40.00 0.00 X X 1358168 0 16639 ADAM BARRETT TOURNAMENT CLASS DIRECTOR 10.00 0.00 X 110000 0 0 GAVIN ZIV TOURNAMENT CLASS DIRECTOR 5.00 0.00 X 50000 0 0 PETER MICHAEL REICHEL TOURNAMENT CLASS DIRECTOR 5.00 0.00 X 50000 0 0 IVA MAJOLI THRU 82021 PLAYER CLASS DIRECTOR 5.00 0.00 X 0 46667 0 MICHAEL SEGAL THRU 82021 PLAYER CLASS DIRECTOR 5.00 0.00 X 0 46667 0 ALASTAIR GARLAND TOURNAMENT CLASS DIRECTOR 5.00 0.00 X 50000 0 0 ANJA VREG AS OF 92021 PLAYER CLASS DIRECTOR 5.00 0.00 X 0 24667 0 VANESSA WEBB PLAYER CLASS DIRECTOR 5.00 5.00 X 0 104375 0 BRANDON BURKE PLAYER CLASS DIRECTOR (ALT 5.00 0.00 X 0 75167 0 KRISTIE AHN AS OF 92021 PLAYER CLASS DIRECTOR 5.00 0.00 X 0 25833 0 DAVID HAGGERTY FEDERATION CLASS DIRECTOR 5.00 0.00 X 0 0 0 KRIS DENT FEDERATION CLASS DIRECTOR (ALT) 5.00 0.00 X 0 0 0 JOHANNA LAWLER PRESIDENT 40.00 0.00 X 1154873 0 45286 MATTHEW CENEDELLA COO AND TREASURER 40.00 0.00 X 609321 0 11503 COURTNEY MCBRIDE CORPORATE SECRETARY 40.00 0.00 X 214745 0 22632 FABRICE CHOUQUET MANAGING DIRECTOR - ASIA PACIFIC 0.00 40.00 X 0 481771 30568 MELISSA PINE VICE PRESIDENT 40.00 0.00 X 290922 0 6224 JOAN PENNELLO SR VICE PRESIDENT 40.00 0.00 X 221974 0 13809 KATHLEEN STROIA SR VICE PRESIDENT 40.00 0.00 X 240938 0 7445 DAVID PALANZO SR VICE PRESIDENT 40.00 0.00 X 216245 0 22632 4567186 805147 176738 40 0 1 0 ITF LICENSING (UK) LTD BANK LANE ROEHAMPTON UK SW15 5XZ SERVICES RENDERED 1314157 INTERNATIONAL TENNIS INTEGRITY AGENCY LT BANK LANE ROEHAMPTON UK SW15 5XZ SERVICES RENDERED 1199836 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 LEGAL SERVICES 1118791 ATP MEDIA OPERATIONS LTD PORTSMOUTH ROAD ESHER SURREY UK KT10 9AD MEDIA SERVICES 967500 PULSE INNOVATIONS UNIT C THE APEX CNTR WINCHESTER UK SO21 1TN IT SERVICES 672157 28 MEDIA RIGHTS 515100 47705814 47705814 SPONSORSHIPS 541800 24172811 24149811 23000 TOUR OPERATIONS FEES 711210 10311637 10311637 PLAYERS FEES 711210 382477 382477 TOURNAMENT MEMBERSHIP SALES/FEES 711210 125000 125000 82697739 1925365 1925365 16778 -16778 -16778 -16778 OTHER INCOME - CARES ACT 711210 1630764 1630764 GRAND SLAM FEES 711210 617601 617601 TOURNAMENT LICENSE FEES 711210 393000 393000 574281 368490 205791 3215646 87821972 82674739 391490 4755743 3220870 3592546 10704911 113793 992742 982316 2756683 546250 246088 9036332 1091969 612104 654114 1726111 88524 118995 670308 510252 MEDIA RIGHTS 33044224 SPONSOR EXPENSES 17467589 TOURNAMENT EXPENSES 10263987 MAINTENANCE/SUPPORT 802579 3734950 102978237 15731741 7177119 2835388 3978810 1460702 1237838 5867656 3139979 1783965 2727677 64600469 63389432 12473925 12480236 98886190 90991112 8689231 9795397 56022948 61950798 41889759 43232383 106601938 114978578 X -7715748 -23987466 -7715748 -23987466 98886190 90991112 X -15156265 -1198413 82960 X 0 1 X 1 0 174869 111154 63715 5692787 3028825 2663962 2727677 NOTES RECEIVABLE AND DEPOSITS 12480236 12480236 COMMISSIONS PAYABLE 397456 DUE TO RELATED PARTY 241303 MARGIN LOAN PAYABLE 16416247 OTHER LONG-TERM LIABILITIES 25098007 PREMIER MANDATORY PAYABLE 427176 PRIZE MONEY PAYABLE 302194 TOURNAMENT COUNCIL PAYABLE & BONUS POOL PAYABLE 350000 43232383 EAST ASIA AND THE PACIFIC 3 13 PROGRAM SERVICES SPORTING EVENTS 2168600 3 13 0 0 3 13 2168600 0 2168600 0 0 1 0 0 1 PART III ACCOUNTING METHOD: X 1 1 X X 0 0 0 STEVE SIMON CHAIRMAN AND CEO 1345448 0 0 0 12720 0 0 0 16639 0 1374807 0 0 0 JOHANNA LAWLER PRESIDENT 1146153 0 0 0 8720 0 17500 0 27786 0 1200159 0 0 0 MATTHEW CENEDELLA COO AND TREASURER 606729 0 0 0 2592 0 0 0 11503 0 620824 0 0 0 FABRICE CHOUQUET MANAGING DIRECTOR - ASIA PACIFIC 0 481771 0 0 0 0 0 0 0 30568 0 512339 0 0 MELISSA PINE VICE PRESIDENT 290202 0 0 0 720 0 0 0 6224 0 297146 0 0 0 KATHLEEN STROIA SR VICE PRESIDENT 240218 0 0 0 720 0 0 0 7445 0 248383 0 0 0 DAVID PALANZO SR VICE PRESIDENT 215525 0 0 0 720 0 0 0 22632 0 238877 0 0 0 COURTNEY MCBRIDE CORPORATE SECRETARY 214025 0 0 0 720 0 0 0 22632 0 237377 0 0 0 JOAN PENNELLO SR VICE PRESIDENT 221254 0 0 0 720 0 0 0 13809 0 235783 0 0 0 PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: JOHANNA LAWLER THE VALUE OF THE BENEFIT IS INCLUDED IN INCOME. FORM 990, PART VI, SECTION A, LINE 2 GOVERNING BODY AND MANAGEMENT DID ANY OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE HAVE A FAMILY RELATIONSHIP OR A BUSINESS RELATIONSHIP WITH AN OTHER OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE? ALASTAIR GARLAND, TOURNAMENT CLASS DIRECTOR, IS MARRIED TO THE DAUGHTER OF THE PRESIDENT, JOHANNA LAWLER. ALASTAIR GARLAND RECUSES HIMSELF FOR ANY VOTE RELATED TO THE PRESIDENT'S EMPLOYMENT CONTRACT, PER THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION A, LINE 6 GOVERNING BODY AND MANAGEMENT DOES THE ORGANIZATION HAVE MEMBERS OR STOCKHOLDERS? WTA TOUR, INC. IS A MEMBERSHIP ORGANIZATION WITH 4 CLASSES OF MEMBERS: 1) TOURNAMENT CLASS MEMBERS; 2) PLAYER CLASS MEMBERS; 3) FEDERATION CLASS MEMBER; AND 4) SPECIAL CLASS MEMBER. FORM 990, PART VI, SECTION A, LINE 7A GOVERNING BODY AND MANAGEMENT DOES THE ORGANIZATION HAVE MEMBERS, STOCKHOLDERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY? THE TOURNAMENT CLASS MEMBERS (54), PLAYER CLASS MEMBERS (7), AND FEDERATION CLASS MEMBER (1) ELECT REPRESENTATIVES TO THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS FOR REVIEW FORM 990 THE CHIEF OPERATING OFFICER & TREASURER REVIEWS THE FORM 990 WITH TAX PREPARER (PRICEWATERHOUSECOOPERS) AND SENIOR MANAGEMENT PRIOR TO FILING THE DOCUMENT WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO PROTECT THE BEST INTEREST OF THE WTA WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT INVOLVING THE PROVISION OF PROPERTY OR SERVICES, THE PROVIDING OR RECEIPT OF A GUARANTY, LOAN OR GRANT, OR THE ESTABLISHMENT OR TERMINATION OF ANY OTHER TYPE OF FINANCIAL RELATIONSHIP AS WELL AS ANY FORMAL REQUEST SUBMITTED FOR DECISION BY THE BOARD (OR A COMMITTEE WITH BOARD DELEGATED POWERS) THAT MIGHT BENEFIT THE PRIVATE FINANCIAL INTEREST OF AN OFFICER, DIRECTOR, KEY EMPLOYEE, OR COMMITTEE MEMBER. FOR ANY TRANSACTION, ARRANGEMENT OR REQUEST BEING CONSIDERED THE BOARD (OR A COMMITTEE), AN OFFICER, DIRECTOR, KEY EMPLOYEE, OR COMMITTEE MEMBER MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTERESTS, AND THE NON-CONFLICTED DIRECTORS (OR COMMITTEE MEMBERS) DETERMINES WHETHER THE INTEREST CONSTITUTES A CONFLICT OF INTEREST. AN INDIVIDUAL WITH A CONFLICT OF INTEREST MAY NOT BE PRESENT AT OR PARTICIPATE IN THE BOARD (OR COMMITTEE) DELIBERATION OR VOTE ON THE TRANSACTION OR ARRANGEMENT GIVING RISE TO SUCH CONFLICT. ANY ATTEMPT BY THE CONFLICTED INDIVIDUAL TO IMPROPERLY INFLUENCE THE DELIBERATION OR VOTING ON THE MATTER IS PROHIBITED. PRIOR TO THE INITIAL ELECTION OF A DIRECTOR, AND ANNUALLY THEREAFTER, SUCH DIRECTOR MUST COMPLETE, SIGN AND SUBMIT A WRITTEN STATEMENT IDENTIFYING, TO THE BEST OF THEIR KNOWLEDGE, ANY ENTITY OF WHICH SUCH DIRECTOR IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, OR EMPLOYEE AND WITH WHICH THE WTA HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE WTA IS A PARTICIPANT AND IN WHICH THE DIRECTOR MIGHT HAVE A CONFLICTING INTEREST. FORM 990, PART VI, SECTION B, LINE 15A DETERMINING COMPENSATION THE COMPENSATION FOR THE ORGANIZATION'S CEO IS DETERMINED BY THE FINANCE AND AUDIT COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABITY OF GOVERNING DOCUMENTS, CONFLICT POLICY AND FINANCIAL STMTS. CERTIFICATE OF INCORPORATION IS ON FILE WITH THE STATE OF NEW YORK. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON CURRENCY EXCHANGE 82,960. WOMEN'S TENNIS BENEFIT ASSOCIATION INC 111 SOUTH BEDFORD ST STE 108 BURLINGTON MA 01803 311618547 SPORTS AFFIL. 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