WTA TOUR INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WTA TOUR INC (EIN 13-3792400)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202303199349314265
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T13:09:45-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PWC US TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SILKS RUN STE 2210 | AddressLine1Txt |
| City | HALLANDALE BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 330092790 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133792400 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WTA TOUR INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WTAT | BusinessNameControlTxt |
| Phone | 7278955000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 SECOND AVENUE SOUTH 300-N | AddressLine1Txt |
| City | ST PETERSBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW CENEDELLA | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 7278955000 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MATTHEW | PersonFirstNm |
| Person Last | CENEDELLA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN M DIAZ | PreparerPersonNm |
| PTIN | P01070164 | PTIN |
| Phone | 3054381800 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEVE SIMON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 SECOND AVENUE SOUTH 300-N | AddressLine1Txt |
| City | ST PETERSBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $114,107,506 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.WTATENNIS.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE THE GROWTH AND RECOGNITION OF WOMEN'S TENNIS WORLDWIDE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 96 | TotalEmployeeCnt |
| Total Volunteers | 4 | TotalVolunteersCnt |
| Total Gross UBI | $481,268 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $82,697,739 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $105,200,197 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,908,587 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,391,468 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,215,646 | PYOtherRevenueAmt |
| CY Other Revenue | $5,441,904 | CYOtherRevenueAmt |
| PY Total Revenue | $87,821,972 | PYTotalRevenueAmt |
| CY Total Revenue | $114,033,569 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,220,870 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,573,844 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,386,308 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,720,638 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $83,371,059 | PYOtherExpensesAmt |
| CY Other Expenses | $89,971,612 | CYOtherExpensesAmt |
| PY Total Expenses | $102,978,237 | PYTotalExpensesAmt |
| CY Total Expenses | $110,266,094 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$15,156,265 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,767,475 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $90,991,112 | TotalAssetsBOYAmt |
| Total Assets EOY | $114,251,888 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $114,978,578 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $140,256,768 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$23,987,466 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$26,004,880 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TOUR OPERATIONS FEES- REPRESENTS FEES TO THE WTA TOUR TOORGANIZE, ADMINISTER AND GOVERN THE ANNUAL TOUR AS WELL AS FUNDCERTAIN PROGRAM SERVICES EXPENSES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 161 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 96 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | CH | ForeignCountryCd |
| Foreign Country | HK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW CENEDELLA | PersonNm |
| Phone | 7278955000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 110 SECOND AVENUE SOUTH 300-N | AddressLine1Txt |
| City | ST PETERSBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| STEVE SIMON | ||||||||
| CHAIRMAN AND CEO | 40.00 | Yes (X) | Yes (X) | $1,357,973 | $0 | $16,683 | ||
| ADAM BARRETT | ||||||||
| TOURNAMENT CLASS DIRECTOR | 10.00 | Yes (X) | $110,000 | $0 | $0 | |||
| GAVIN ZIV | ||||||||
| TOURNAMENT CLASS DIRECTOR | 5.00 | Yes (X) | $50,000 | $0 | $0 | |||
| PETER MICHAEL REICHEL | ||||||||
| TOURNAMENT CLASS DIRECTOR | 5.00 | Yes (X) | $50,000 | $0 | $0 | |||
| CAMERON PEARSON AS OF 92022 | ||||||||
| TOURNAMENT CLASS DIRECTOR | 5.00 | Yes (X) | $25,000 | $0 | $0 | |||
| ALASTAIR GARLAND THRU 82022 | ||||||||
| TOURNAMENT CLASS DIRECTOR | 5.00 | Yes (X) | $25,000 | $0 | $0 | |||
| ANJA VREG | ||||||||
| PLAYER CLASS DIRECTOR | 5.00 | Yes (X) | $0 | $75,667 | $0 | |||
| VANESSA WEBB | ||||||||
| PLAYER CLASS DIRECTOR | 5.00 | Yes (X) | $0 | $104,167 | $0 | 5.00 | ||
| BRANDON BURKE | ||||||||
| PLAYER CLASS DIRECTOR (ALT | 5.00 | Yes (X) | $0 | $77,167 | $0 | |||
| KRISTIE AHN | ||||||||
| PLAYER CLASS DIRECTOR | 5.00 | Yes (X) | $0 | $79,167 | $0 | |||
| DAVID HAGGERTY | ||||||||
| FEDERATION CLASS DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| KRIS DENT | ||||||||
| FEDERATION CLASS DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHANNA LAWLER | ||||||||
| PRESIDENT | 40.00 | Yes (X) | $1,204,718 | $0 | $50,735 | |||
| MATTHEW CENEDELLA | ||||||||
| COO AND TREASURER | 40.00 | Yes (X) | $633,702 | $0 | $12,591 | |||
| COURTNEY MCBRIDE | ||||||||
| CORPORATE SECRETARY | 40.00 | Yes (X) | $224,842 | $0 | $22,691 | |||
| FABRICE CHOUQUET | ||||||||
| MANAGING DIRECTOR - ASIA P | 1.00 | $323,007 | $278,965 | $25,395 | 40.00 | Yes (X) | ||
| MELISSA PINE | ||||||||
| VICE PRESIDENT | 40.00 | $302,590 | $0 | $7,271 | Yes (X) | |||
| JOAN PENNELLO | ||||||||
| SR VICE PRESIDENT | 40.00 | $230,824 | $0 | $13,844 | Yes (X) | |||
| KATHLEEN STROIA | ||||||||
| SR VICE PRESIDENT | 40.00 | $267,255 | $0 | $7,469 | Yes (X) | |||
| DAVID PALANZO | ||||||||
| SR VICE PRESIDENT | 40.00 | $224,842 | $0 | $22,691 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,029,753 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $615,133 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $179,370 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 40 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| PROSKAUER ROSE LLP | |||||||||
| ELEVEN TIMES SQUARE | NEW YORK | NY | 10036 | LEGAL SERVICES | $3,158,464 | ||||
| INTERNATIONAL TENNIS INTEGRITY AGENCY LT | |||||||||
| SERVICES RENDERED | $2,039,375 | BANK LANE | ROEHAMPTON | UK | SW15 5XZ | ||||
| ATP MEDIA OPERATIONS LTD | |||||||||
| MEDIA SERVICES | $977,600 | PORTSMOUTH ROAD ESHER | SURREY | UK | KT10 9AD | ||||
| ATP TOUR INC | |||||||||
| 201 ATP BOULEVARD | PONTE VEDRA BEACH | FL | 32082 | SHARED SERVICES | $967,595 | ||||
| CSM PROPERTIES INC | |||||||||
| 80 8TH AVENUE 5TH FLOOR | NEW YORK | NY | 10011 | SERVICES RENDERED | $895,553 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 40 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MEDIA RIGHTS | 516100 | $51,344,621 | $51,344,621 |
| SPONSORSHIPS | 541800 | $39,588,690 | $39,588,690 |
| TOUR OPERATIONS FEES | 711210 | $13,657,449 | $13,657,449 |
| PLAYERS FEES | 711210 | $484,437 | $484,437 |
| TOURNAMENT MEMBERSHIP SALES/FEES | 711210 | $125,000 | $125,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $105,200,197 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,465,405 | TotalRevenueColumnAmt |
| Exclusion | $3,465,405 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $73,937 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$73,937 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$73,937 | TotalRevenueColumnAmt |
| Exclusion | -$73,937 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| LEGAL SETTLEMENT INCOME | 900099 | $2,641,130 | $2,641,130 | |
| OTHER INCOME - CARES ACT | 711210 | $1,431,589 | $1,431,589 | |
| GRAND SLAM FEES | 711210 | $649,652 | $649,652 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $719,533 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $481,268 | UnrelatedBusinessRevenueAmt |
| Exclusion | $238,265 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,441,904 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,033,569 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $105,849,849 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $481,268 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,702,452 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,573,844 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,209,123 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,324,323 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,397 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,082,591 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $993,204 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,660,947 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $557,738 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,824,479 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,161,110 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $757,262 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $615,042 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,270,618 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,021 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,743 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,113,291 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $766,357 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| SPONSOR EXPENSES | $34,282,890 |
| MEDIA RIGHTS | $25,249,184 |
| TOURNAMENT EXPENSES | $7,187,095 |
| DUES & SUBSCRIPTIONS | $898,223 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,129,612 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,266,094 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,177,119 | BOYAmt |
| EOY | $13,460,165 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,978,810 | BOYAmt |
| EOY | $1,653,829 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,237,838 | BOYAmt |
| EOY | $2,127,545 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,380,273 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,645,631 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,727,677 | BOYAmt |
| EOY | $3,734,642 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,389,432 | BOYAmt |
| EOY | $77,389,023 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,480,236 | BOYAmt |
| EOY | $15,886,684 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,991,112 | BOYAmt |
| EOY | $114,251,888 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,795,397 | BOYAmt |
| EOY | $16,134,024 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,950,798 | BOYAmt |
| EOY | $92,225,694 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,232,383 | BOYAmt |
| EOY | $31,897,050 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,978,578 | BOYAmt |
| EOY | $140,256,768 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$23,987,466 | BOYAmt |
| EOY | -$26,004,880 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$23,987,466 | BOYAmt |
| EOY | -$26,004,880 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,991,112 | BOYAmt |
| EOY | $114,251,888 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,767,475 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,240,485 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$544,404 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $642,722 | OtherCostOrOtherBasisAmt |
| Depreciation | $99,131 | DepreciationAmt |
| Book Value | $543,591 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,737,551 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,546,500 | DepreciationAmt |
| Book Value | $3,191,051 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,734,642 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| NOTES RECEIVABLE AND DEPOSITS | $12,971,065 |
| LEASE ASSETS | $2,915,619 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $15,886,684 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| COMMISSIONS PAYABLE | $264,764 |
| DUE TO RELATED PARTY | $252,552 |
| OTHER LONG-TERM LIABILITIES | $25,000,000 |
| PRIZE MONEY PAYABLE | $54,415 |
| TOURNAMENT COUNCIL PAYABLE & BONUS POOL PAYABLE | $350,000 |
| COMMERCIAL BENEFITS PAYABLE | $2,890,000 |
| LEASE LIABILITIES | $3,085,319 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $31,897,050 | TotalLiabilityAmt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | RegionTxt |
| Offices | 3 | OfficesCnt |
| Employee | 11 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | SPORTING EVENTS | SpecificServicesProvidedTxt |
| Region Total Expenditures | $1,679,900 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 11 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 11 | TotalEmployeeCnt |
| Subtotal Spent | $1,679,900 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,679,900 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEVE SIMON | ||||||||||||||
| CHAIRMAN AND CEO | $1,345,253 | $0 | $0 | $0 | $12,720 | $0 | $0 | $0 | $16,683 | $0 | $1,374,656 | $0 | $0 | $0 |
| JOHANNA LAWLER | ||||||||||||||
| PRESIDENT | $1,195,998 | $0 | $0 | $0 | $8,720 | $0 | $17,500 | $0 | $33,235 | $0 | $1,255,453 | $0 | $0 | $0 |
| MATTHEW CENEDELLA | ||||||||||||||
| COO AND TREASURER | $631,109 | $0 | $0 | $0 | $2,593 | $0 | $0 | $0 | $12,591 | $0 | $646,293 | $0 | $0 | $0 |
| FABRICE CHOUQUET | ||||||||||||||
| MANAGING DIRECTOR - ASIA P | $322,707 | $278,965 | $0 | $0 | $300 | $0 | $0 | $0 | $7,564 | $17,831 | $330,571 | $296,796 | $0 | $0 |
| MELISSA PINE | ||||||||||||||
| VICE PRESIDENT | $301,870 | $0 | $0 | $0 | $720 | $0 | $0 | $0 | $7,271 | $0 | $309,861 | $0 | $0 | $0 |
| KATHLEEN STROIA | ||||||||||||||
| SR VICE PRESIDENT | $266,535 | $0 | $0 | $0 | $720 | $0 | $0 | $0 | $7,469 | $0 | $274,724 | $0 | $0 | $0 |
| COURTNEY MCBRIDE | ||||||||||||||
| CORPORATE SECRETARY | $224,122 | $0 | $0 | $0 | $720 | $0 | $0 | $0 | $22,691 | $0 | $247,533 | $0 | $0 | $0 |
| DAVID PALANZO | ||||||||||||||
| SR VICE PRESIDENT | $224,122 | $0 | $0 | $0 | $720 | $0 | $0 | $0 | $22,691 | $0 | $247,533 | $0 | $0 | $0 |
| JOAN PENNELLO | ||||||||||||||
| SR VICE PRESIDENT | $230,104 | $0 | $0 | $0 | $720 | $0 | $0 | $0 | $13,844 | $0 | $244,668 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: JOHANNA LAWLER THE VALUE OF THE BENEFIT IS INCLUDED IN INCOME. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | ALTERNATE DIRECTORS ARE CONSIDERED VOTING MEMBERS DUE TO SPECIFIC RIGHTS GRANTED TO THEM. THESE RIGHTS INCLUDE THE ABILITY TO ATTEND ALL BOARD MEETINGS AT THE ORGANIZATION'S EXPENSE, THE ABILITY TO VOTE IN THE ABSENCE OF A DIRECTOR FROM THE SAME CLASS (PLAYER, TOURNAMENT, ITF) IF THAT DIRECTOR IS PHYSICALLY NOT PRESENT AT A MEETING, IN CASES WHERE THE BOARD IS MAKING DECISIONS WITHOUT A FORMAL MEETING THROUGH WRITTEN CONSENT, THE ABAILITY TO SUBMIT A CONSENT IF A DIRECTOR FROM THE SAME CLASS IS PHYSICALLY UNABLE TO DO SO. |
| 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 -544,404. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WTA VENTURES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 2ND AVENUE SOUTH SUITE 300N | AddressLine1Txt |
| City | ST PETERSBURG | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 365049569 | EIN |
| Primary Activities | SPECTATOR SPORTS | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WTA TOUR INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WOMEN'S TENNIS BENEFIT ASSOCIATION INC | |||||||||||
| 111 SOUTH BEDFORD ST STE 108 | BURLINGTON | MA | 01803 | 311618547 | SPORTS AFFIL. | MA | 501(C)(6) | N/A | 0 | ||
| WTA CHARITIES INC | |||||||||||
| 100 SECOND AVENUE SOUTH STE 300-N | ST PETERSBURG | FL | 33701 | 813707788 | CHARITY | FL | 501(C)(3) | Yes (1) | LINE 7 | WTA TOUR INC | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Province Or StateForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WTA TOUR (HONG KONG) LIMITED - FOREIGN | ||||||||||||
| ROOM D 10TH FLOOR TOWER A BILLIO | KOWLOON | HK | 999077 | SPECTATOR SPORTS | HK | WTA TOUR | C | -$59,929 | $236,553 | 1.00000 | Yes (1) | |
| BEIJING WTA TOUR CONSULTING CO LTD - FOREIGN | ||||||||||||
| ROOM 309 FLOOR 3 TOWER D VANTONE | BEIJING | CH | 100020 | SPORTS CONSULTING | CH | WTA HONG KONG | C | -$2,479,132 | $5,495,914 | 1.00000 | Yes (1) | CHAOYANG |
| SHENZHEN WTA TOUR CONSULTING CO LTD - FOREIGN | ||||||||||||
| GEMDALE PLAZA 1009 NO 2007 SHENNA | SHENZHEN | CH | SPORTS CONSULTING | CH | WTA HONG KONG | C | -$33,942 | $116,399 | 1.00000 | Yes (1) | FUTIAN | |
| WTA TOUR (UK) LIMITED | ||||||||||||
| OLD PRINTERS YARD 156 SOUTH ST | DORKING | UK | RH4-2HF | SPECTATOR SPORTS | UK | WTA TOUR | C | 1.00000 | Yes (1) | SURREY | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| BEIJING WTA TOUR CONSULTING CO LTD | ||
| D | $647,710 | FMV |
| BEIJING WTA TOUR CONSULTING CO LTD | ||
| E | $589,016 | FMV |
| SHENZHEN WTA TOUR CONSULTING CO LTD | ||
| M | $366,388 | FMV |
| WTA CHARITIES INC | ||
| N | $180 | FMV |
| WTA CHARITIES INC | ||
| O | $600 | FMV |
| WTA TOUR (HONG KONG) LIMITED | ||
| D | $5,036,564 | FMV |
| WTA TOUR (HONG KONG) LIMITED | ||
| L | $725,571 | FMV |