2021-11-15T16:22:52-06:00 2020-12-31 134008324 PricewaterhouseCoopers LLP 4040 W Boy Scout Blvd Suite 1000 Tampa FL 33607 990 2020-01-01 133792400 WTA Tour Inc WTAT 7278955000 100 Second Avenue South 1100-S St Petersburg FL 33701 MATTHEW CENEDELLA COO 7278955000 2021-11-15 1 MATTHEW CENEDELLA 999009999 Kerri Hines P01060611 8132290221 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEVE SIMON 100 SECOND AVE SOUTH1100-S ST PETERSBURG FL 33701 37686886 0 X www.wtatennis.com X 1994 NY To promote the growth and recognition of women's tennis worldwide. 8 0 84 4 231741 0 0 0 107357381 35596986 742870 815837 1633435 1253259 109733686 37666082 0 0 3860325 1400455 14835551 13520730 0 0 0 92087140 39257148 110783016 54178333 -1049330 -16512251 103858551 98886190 96585608 106601938 7272943 -7715748 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 - The WTA has television rights agreementsfor the broadcast of certain tournament matches. The WTA has beengranted certain rights as required by the television broadcastagreements from certain Tournament Class Members. 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 X 199 0 84 1 1 1 1 UK SN CH HK 0 0 0 0 0 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 100 SECOND AVENUE SOUTH 1100-S ST PETERSBURG FL 33701 STEVE SIMON Chairman and CEO 40.00 0.00 X X 844325 0 28956 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 Player Class Director 5.00 0.00 X 0 65000 0 Michael Segal Player Class Director 5.00 0.00 X 0 65000 0 Alastair Garland TourNAMENT CLASS DIRECTOR 5.00 0.00 X 50000 0 0 DAVID HAGGERTY FEDERATION CLASS DIRECTOR 5.00 0.00 X 0 0 0 Kris Dent FEDERATION CLASS DIRECTOR 5.00 0.00 X 0 0 0 VANESSA WEBB Player Class Director 5.00 5.00 X 0 65000 0 BRANDON BURKE AS OF 82020 Player Class Director (ALT) 5.00 0.00 X 0 27083 0 DIANNE HAYES THRU 82020 Player Class Director (ALT) 5.00 0.00 X 0 43333 0 JOHANNA LAWLER PRESIDENT 40.00 0.00 X 843118 0 61277 MATTHEW CENEDELLA COO AND TREASURER 40.00 0.00 X 528248 0 26110 COURTNEY MCBRIDE CORPORATE SECRETARY 40.00 0.00 X 190418 0 41206 Fabrice Chouquet Managing Director - Asia P 0.00 40.00 X 0 394702 30069 MELISSA PINE VICE PRESIDENT 40.00 0.00 X 256308 0 9339 JOAN PENNELLO SR VICE PRESIDENT 40.00 0.00 X 195655 0 15685 KATHLEEN STROIA SR VICE PRESIDENT 40.00 0.00 X 211917 0 8829 DAVID PALANZO SR VICE PRESIDENT 40.00 0.00 X 190418 0 26539 3520407 660118 248010 33 0 1 0 Social Channel Ventures LLC 110 East 31st Street 4th Floor New York NY 10016 Sponsorship Services 3916875 DAZN Media Channels Limited Plane Tree Crescent FELTHAM UK TW13 7BZ Media Services 2962493 Proskauer Rose LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 Legal Services 1442324 ITF LICENSING (UK) LTD Bank LANE Roehampton UK SW15 5XZ SERVICES RENDERED 1275135 Pulse Innovations Unit C The Apex Cntr Winchester UK SO21 1TN IT Services 1168028 25 SPONSORSHIPS 541800 15362154 15340654 21500 TV BROADCASTING RIGHTS 515100 13491950 13491950 TOUR OPERATIONS FEES 711210 6493854 6493854 PLAYERS FEES 711210 154841 154841 TOURNAMENT MEMBERSHIP SALES/FEES 711210 94187 94187 35596986 836641 836641 20804 -20804 -20804 -20804 GRAND SLAM FEES 711210 435000 435000 MISCELLANEOUS 900099 304787 304787 LEASE EXPENSES REIMBURSMENT 900099 257101 257101 256371 210241 46130 1253259 37666082 35575486 231741 1858855 1400455 2588539 9322541 186040 980292 443318 1367134 205687 248203 4332578 1377465 499340 864924 1077702 97197 61066 650262 339879 Sponsor Expenses 11082127 TV RIGHTS 6961037 CONSULTING 4113486 TouRNAMENT EXPENSES 2835378 3143683 54178333 12464177 15731741 4665103 2835388 1227384 1460702 4330791 2546826 1808441 1783965 71239359 64600469 12454087 12473925 103858551 98886190 7553264 8689231 52843596 56022948 36188748 41889759 96585608 106601938 X 7272943 -7715748 7272943 -7715748 103858551 98886190 X -16512251 833202 690358 X X 0 0 0 66939 60676 6263 4263852 2486150 1777702 1783965 NOTES RECEIVABLE AND DEPOSITS 12473925 12473925 COMMISSIONS PAYABLE 582355 DUE TO Related Party 133393 MARGIN LOAN PAYABLE 15000000 OTHER LONG-TERM LIABILITIES 25307704 Premier mandatory payable 239176 PRIZE MONEY PAYABLE 128093 TOURNAMENT COUNCIL PAYABLE & BONUS POOL PAYABLE 499038 41889759 Europe (Including Iceland and Greenland) 1 13 Program Services Sporting Events 1084000 EAST ASIA AND THE PACIFIC 3 13 Program Services Sporting events 2036100 4 26 0 0 4 26 3120100 0 3120100 0 0 1 0 0 1 Part III Accounting Method: X 1 1 X X 0 0 0 JOHANNA LAWLER PRESIDENT 822868 0 11595 0 8655 0 26000 0 35277 0 904395 0 0 0 STEVE SIMON Chairman and CEO 831667 0 0 0 12658 0 8550 0 20406 0 873281 0 0 0 MATTHEW CENEDELLA COO AND TREASURER 525722 0 0 0 2526 0 6205 0 19905 0 554358 0 0 0 Fabrice Chouquet Managing Director - Asia P 0 394702 0 0 0 0 0 0 0 30069 0 424771 0 0 MELISSA PINE VICE PRESIDENT 255659 0 0 0 649 0 2942 0 6397 0 265647 0 0 0 COURTNEY MCBRIDE CORPORATE SECRETARY 189755 0 0 0 663 0 19500 0 21706 0 231624 0 0 0 KATHLEEN STROIA SR VICE PRESIDENT 211268 0 0 0 649 0 2432 0 6397 0 220746 0 0 0 DAVID PALANZO SR VICE PRESIDENT 189755 0 0 0 663 0 2221 0 24318 0 216957 0 0 0 JOAN PENNELLO SR VICE PRESIDENT 195000 0 0 0 655 0 2175 0 13510 0 211340 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 (8), 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 690,358. FORM 990, PART XII, LINE 2B AT THE TIME OF FILING, THE FINANCIAL STATEMENTS WERE IN THE PROCESS OF BEING AUDITED. THE RETURN HAS BEEN PREPARED WITH THE BEST AVAILABLE INFORMATION, AND MAY BE AMENDED OR RESTATED AS NEEDED. 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 1100-S ST PETERSBURG FL 33701 813707788 CHARITY FL 501(c)(3) Line 7 WTA TOUR INC 1 WTA TOUR (HONG KONG) LIMITED - FOREIGN UNIT 39 FL 5 UNITED CNTR 95 QUEENS ADMIRALTY HK SPECTATOR SPORTS HK WTA TOUR C 131489 260981 1.00000 1 WTA SINGAPORE LIMITED - Foreign 6 Stadium Walk 01-05 SN 397698 SPECTATOR SPORTS SN WTA TOUR C 148336 1.00000 1 BEIJING WTA TOUR CONSULTING CO LTD - FOREIGN ROOM 306 FLOOR 3 TOWER D VANTONE BEIJING CHAOYANG CH 100020 SPORTS CONSULTING CH WTA HONG KONG C 2852760 12389546 1.00000 1 Shenzhen WTA Tour Consulting CO LTD - Foreign Gemdale Plaza 1009 NO 2007 SHENNA SHENZHEN FUTIAN CH SPORTS CONSULTING CH WTA HONG KONG C -2806 171407 1.00000 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 BEIJING WTA TOUR CONSULTING CO LTD M 26420 FMV BEIJING WTA TOUR CONSULTING CO LTD D 574504 FMV BEIJING WTA TOUR CONSULTING CO LTD E 591969 FMV Shenzhen wta tour consulting co LTD M 68363 FMV WTA Charities Inc N 180 FMV WTA Charities Inc O 600 FMV WTA TOUR (HONG KONG) LIMITED D 4669468 FMV WTA TOUR (HONG KONG) LIMITED L 823390 FMV