2017-11-15T12:51:21-06:00 2016-12-31 Grant Thornton LLP 200 South Orange Avenue Suite 2050 Orlando FL 32801 990 2016-01-01 750055465 Ladies Professional Golf Association % KATHRYN MILTHORPE LADI 3862746200 100 International Golf Drive Daytona Beach FL 321241092 KATHRYN H MILTHORPE CFO 3862746200 2017-11-15 true Dawn M Olivardia P00059252 4074815100 2017-11-13 209.220.136.124 59124220173195000003 2017-11-15 P C87AE0D216A46200A65FC0FF8DEC19877942291C 6B7F49D81BE0AEDDD8EB70EFAA0A248AA1399C85 2016 2017-02-10 21:41:12Z Kathryn H Milthorpe 100 International Golf Drive Daytona Beach FL 321241092 125497038 false X www.lpga.com X 1950 FL TO PROMOTE WORLDWIDE INTEREST IN THE GAME OF WOMEN'S PROFESSIONAL GOLF. 15 6 150 2700 0 0 0 0 111295737 125357592 21445 139446 0 0 111317182 125497038 202050 349212 850000 650000 11616774 12770757 0 0 0 98391286 110257293 111060110 124027262 257072 1469776 60133251 67862756 48477282 54737011 11655969 13125745 TO PROMOTE WORLDWIDE INTEREST IN THE GAME OF WOMEN'S PROFESSIONAL GOLF. PRIMARY ACTIVITIES INCLUDE SANCTIONING AND ADMINISTERING GOLF TOURNAMENTS AND PROVIDING EDUCATION AND CERTIFICATION OPPORTUNITIES FOR INDIVIDUALS IN THE GOLF INDUSTRY. false false THE LADIES PROFESSIONAL GOLF ASSOCIATION IS ORGANIZED TO PROMOTE WORLDWIDE INTEREST IN THE GAME OF WOMEN'S GOLF BY PROVIDING TOURNAMENTS, INSTRUCTIONAL, AND PROFESSIONAL DEVELOPMENT PROGRAMS. THE LADIES PROFESSIONAL GOLF ASSOCIATION SANCTIONS LPGA AND SYMETRA TOUR EVENTS THROUGHOUT THE WORLD. THE LADIES PROFESSIONAL GOLF ASSOCIATION IS INVOLVED IN HOSTING A NUMBER OF TOURNAMENTS FOR ITS LPGA TEACHING AND CLUB PROFESSIONAL (T&CP) MEMBERSHIP INCLUDING A NATIONAL CHAMPIONSHIP, TEAM CLASSIC AND OTHER REGIONAL TOURNAMENTS. THE LADIES PROFESSIONAL GOLF ASSOCIATION IS INVOLVED IN THE DEVELOPMENT OF A NUMBER OF EDUCATIONAL AND INSTRUCTIONAL PROGRAMS FOR ITS MEMBERS AND OTHERS IN THE GOLF INDUSTRY. false false false false false false false false false true false false false true true false true false true true false false false false false false true false true false false false true false true false false false false true true false false true 640 0 true 150 true false true KS false false false false X 15 6 false false false false true true true true true false false true true true true true true true true false CA X KATHRYN MILTHORPE 3862746200 100 INTERNATIONAL GOLF DRIVE Daytona Beach FL 32124 X Roberta Bowman ChairPerson 3.0 0.0 X 0 0 0 Karen Jennings Director 2.0 0.0 X 0 0 0 Michael Trager Director 2.0 0.0 X 0 0 0 David Fay Director 2.0 0.0 X 0 0 0 Peter Carfagna Director 2.0 0.0 X 0 0 0 Peggy Mulligan Director 2.0 0.0 X 0 0 0 Vicki Goetze-Ackerman President/Player/Director 30.0 1.0 X X 74880 0 14697 Dewi Claire Schreefel Player/Director 5.0 0.0 X 9297 0 0 Ai Miyazato Player/Director 5.0 0.0 X 281411 0 0 Katherine Kirk Player/Director 5.0 0.0 X 63216 0 0 Morgan Pressel Player/Director 5.0 0.0 X 429508 0 0 Sarah Jane Smith Player/Director 5.0 0.0 X 344743 0 0 Mariajo Uribe Player/Director 5.0 0.0 X 294954 0 0 Michael Whan LPGA Commissioner 40.0 1.0 X X 1094965 0 31965 Deb Vangellow Member/Director 2.0 0.0 X 29250 0 0 Kathryn Milthorpe CFO/Treasurer 40.0 2.0 X 302260 0 30319 Marian Moore CLO/Secretary 40.0 2.0 X 297555 0 21491 Jon Podany Chief Commercial Officer 40.0 0.0 X 451500 0 29074 Heather Daly-Donofrio Chief Tourn Ops Officer 40.0 0.0 X 249415 0 27152 Nancy Henderson Chief Teaching Officer 20.0 20.0 X 255316 0 25063 Kraig Kann Chief Communications Officer 40.0 0.0 X 252861 0 27392 Michael Nichols Chief Business Officer 40.0 0.0 X 261450 0 31456 Kelly Hyne SR VP Strategic Partnerships 40.0 0.0 X 197000 0 17083 Ricki Lasky VP TBA 40.0 0.0 X 237000 0 28492 Brian Carroll Sr. VP TV/New Media 40.0 0.0 X 189614 0 22665 William Retana CIO 40.0 0.0 X 185600 0 17279 Jin Pyun VP Int'l 40.0 0.0 X 171968 0 6113 5673763 0 330241 30 false true false Golf Channel PO Box 281401 ATLANTA GA 30384 television svcs 16863482 GGM International 4741 N Artesian Ave CHICAGO IL 60625 event ops 704785 NBC Universal PO Box 402971 ATLANTA GA 30384 television svcs 856942 Eiger Marketing 154 North St GREENWICH CT 06830 event ops 1839377 Top Tier Sports Medicine 751 Malibu Lane INDIATLANTIC FL 32903 sports medicine 475250 25 0 TOURNAMENT REVENUE 711300 79445493 79445493 TELEVISION & MEDIA REVENUE 711300 31328323 31328323 CORPORATE SPONSORSHIPS 711300 8516876 8516876 MEMBERSHIP & OTHER INCOME 711300 5651570 5651570 EDUCATION/PROF DEV 711300 415330 415330 125357592 139296 139296 0 0 0 0 0 150 0 150 150 150 0 0 0 0 0 0 0 0 0 0 125497038 125357592 139446 X 349212 0 0 650000 5376208 0 5805548 198696 758906 631399 0 202831 586861 0 0 0 881427 833997 112056 0 0 269405 2549308 0 0 0 0 1414137 473175 PRIZE MONEY 56960280 TOURNAMENT EXPENSE 12594517 TELEVISION & MEDIA 18593788 CORPORATE SPONSOR 12850372 1935139 124027262 0 0 18667368 33079285 0 0 10002737 5346798 0 0 0 0 0 0 0 0 2414924 1998994 13556453 8641396 4940404 4915057 13315636 20993823 9131693 0 0 0 1660489 1528799 0 0 60133251 67862756 9271696 9154234 0 0 16758257 24588954 0 0 0 0 0 0 0 0 0 0 22447329 20993823 48477282 54737011 X 11655969 13125745 0 0 0 0 11655969 13125745 60133251 67862756 1469776 X false true X true false 350000 350000 2348518 1544865 803653 615339 566782 48557 10242596 6529749 3712847 4915057 0 MEMBERS' DEFERRED RETIREMENT BENEFITS 20993823 20993823 X 127010301 1513413 1513413 125496888 150 150 125497038 125540525 1513263 1513263 124027262 124027262 Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE INCOME TAXES - THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE FLORIDA INCOME TAX CODE. THE ASSOCIATION IDENTIFIES AND EVALUATES UNCERTAIN TAX POSITIONS, IF ANY, AND RECOGNIZES THE IMPACT OF UNCERTAIN TAX POSITIONS FOR WHICH THERE IS A LESS THAN MORE-LIKELY-THAN-NOT PROBABILITY OF THE POSITION BEING UPHELD WHEN REVIEWED BY THE RELEVANT TAXING AUTHORITY. SUCH POSITIONS ARE DEEMED TO BE UNRECOGNIZED TAX BENEFITS AND A CORRESPONDING LIABILITY IS ESTABLISHED ON THE STATEMENT OF FINANCIAL POSITION. THE ASSOCIATION HAS NOT RECOGNIZED A LIABILITY FOR UNCERTAIN TAX POSITIONS. IF THERE WERE AN UNRECOGNIZED TAX BENEFIT, THE ASSOCIATION WOULD RECOGNIZE INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THE ASSOCIATION'S REMAINING OPEN TAX YEARS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE INCLUDE THE YEARS ENDED DECEMBER 31, 2012 THROUGH 2016. Schedule D, Part XI, Line 2d EARNINGS ON PLAYER RETIREMENT BENEFITS INCLUDED SEPARATELY FOR FINANCIAL STATEMENT PRESENTATION PURPOSES BUT NET FOR TAX PURPOSES: $1,513,413 Schedule D, Part XI, Line 4B Gain on sale of assets OTHER THAN INVENTORY: $150 Schedule D, Part XII, Line 2D EARNINGS ON PLAYER RETIREMENT BENEFITS INCLUDED SEPARATELY FOR FINANCIAL STATEMENT PRESENTATION PURPOSES BUT NET FOR TAX PURPOSES: $1,513,413 GAIN ON SALE OF ASSETS OTHER THAN INVENTORY: $150 East Asia and the Pacific Program Services Golf Competition 523959 Europe (Including Iceland and Greenland) Program Services Golf Competition 1249400 North America Program Services Golf Competition 566 1773925 1773925 false false false false false false true The LPGA Foundation 100 International Golf Drive Daytona Beach FL 32124 593085528 501(C)(3) 137500 GENERAL SUPPORT Florida's Growers Foundation Inc 20205 Hwy 27 Lake Wales FL 33853 900427673 501(c)(3) 140000 GENERAL SUPPORT World Golf Foundation One World Golf Place St Augustine FL 32092 592998925 501(C)(3) 12857 GENERAL SUPPORT Charcot-Marie-Tooth PO BOX 105 GLENOLDEN PA 19036 222480896 N/A 10000 GENERAL SUPPORT United Way of Volusia County 3747 W Intl Speedway Blvd Daytona Beach FL 32124 591099774 501(C)(3) 6000 GENERAL SUPPORT 4 1 Schedule I, Part I, Line 2 THE LADIES PROFESSIONAL GOLF ASSOCIATION TOURNAMENT PLAYERS ELECT TO DONATE ALL PRO AM REVENUE RECEIVED BY THE LPGA FROM TOURNAMENT SPONSORS TO THE LPGA FOUNDATION. THE LADIES PROFESSIONAL GOLF ASSOCIATION MAKES SURE THAT ALL TRANSFERS ARE USED FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE. ALL OTHER GRANTS ARE MADE TO UNRELATED ORGANIZATIONS. X X true true X X X X true false false Ai Miyazato Player/Director 0 0 0 0 281411 0 0 0 0 0 281411 0 0 0 Morgan Pressel Player/Director 0 0 0 0 429508 0 0 0 0 0 429508 0 0 0 Sarah Jane Smith Player/Director 0 0 0 0 344743 0 0 0 0 0 344743 0 0 0 Mariajo Uribe Player/Director 0 0 0 0 294954 0 0 0 0 0 294954 0 0 0 Michael Whan LPGA Commissioner 719965 0 375000 0 0 0 7950 0 24015 0 1126930 0 0 0 Kathryn Milthorpe CFO/Treasurer 247520 0 54740 0 0 0 7211 0 23108 0 332579 0 0 0 Jon Podany Chief Commercial Officer 364000 0 87500 0 0 0 7950 0 21124 0 480574 0 0 0 Heather Daly-Donofrio Chief Tourn Ops Officer 215296 0 34119 0 0 0 5720 0 21432 0 276567 0 0 0 Nancy Henderson Chief Teaching Officer 214136 0 41180 0 0 0 6856 0 18207 0 280379 0 0 0 Kraig Kann Chief Communications Officer 156546 0 38133 0 58182 0 5840 0 21552 0 280253 0 0 0 Michael Nichols Chief Business Officer 219450 0 42000 0 0 0 7843 0 23613 0 292906 0 0 0 Kelly Hyne SR VP Strategic Partnerships 180000 0 17000 0 0 0 5460 0 11623 0 214083 0 0 0 Ricki Lasky VP TBA 205000 0 32000 0 0 0 6400 0 22092 0 265492 0 0 0 Brian Carroll Sr. VP TV/New Media 170016 0 19598 0 0 0 5156 0 17509 0 212279 0 0 0 William Retana CIO 163200 0 22400 0 0 0 2384 0 14895 0 202879 0 0 0 Jin Pyun VP Int'l 156100 0 15868 0 0 0 0 0 6113 0 178081 0 0 0 Marian Moore CLO/Secretary 249755 0 47800 0 0 0 7950 0 13541 0 319046 0 0 0 Schedule J, Part I, Line 1A First Class or charter travel privileges are provided solely to the Commissioner of the LPGA in accordance with LPGA travel policies and procedures. Schedule J, Part I, Line 4A CHIEF COMMUNICATIONS OFFICER, KRAIG KANN, RECEIVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2016. THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). Schedule J, Part II(B)(III) COMPENSATION FOR THE FOLLOWING BOARD MEMBER WAS RELATED TO TOURNAMENT PRIZE WINNINGS RECEIVED IN CONJUNCTION WITH COMPETING IN LPGA TOURNAMENTS AND PROFESSIONAL SERVICES: AI MIYAZATO MORGAN PRESSEL SARAH JANE SMITH MARIAJO URIBE Vicki Goetze-Ackerman Player/BOD 5200 Professional services false Dewi Claire Schreefel Player/BOD 9297 Prize Winnings/Prof. Services false Ai Miyazato Player/BOD 281411 Prize Winnings/Prof. Services false Katherine Kirk Player/BOD 63216 Prize Winnings/Prof. Services false Morgan Pressel Player/BOD 429508 Prize Winnings/Prof. Services false Sarah Jane Smith Player/BOD 344743 Prize Winnings/Prof. Services false Mariajo Uribe Player/BOD 294954 Prize Winnings/Prof. Services false Deb Vangellow Member/BOD 29250 Professional Services false PLEASE SEE SCHEDULE O FOR ADDITIONAL INFORMATION FOR PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS Members or Stockholders Form 990, Part VI, Line 6 The members of the Ladies Professional Golf Association are the tournament players and Teaching and Club Professional members. Members or Stockholders who may elect Form 990, Part VI, Line 7a The reserved powers of the Ladies Professional Golf Association permit the voting membership to elect one or more members of the governing body of the Ladies Professional Golf Association. Decisions Subject to Approval Form 990, Part VI, Line 7b The Ladies Professional Golf Associations bylaws reserve to the members the power to amend, repeal or restate the Constitution. Form 990 Review Process Form 990, Part VI, Line 11b The Form 990 is prepared by an independent accounting firm in conjunction with the Ladies Professional Golf Association's management. The return is reviewed by Management prior to distribution to the full board of Directors for information purposes prior to filing. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c Board members are provided with a conflict of interest reporting form on an annual basis on which to report and disclose any real or potential conflict of interest or ethical issue to the LPGA. The obligation to report such conflicts or issues is ongoing; therefore board members are required to report any change in circumstances whenever they occur during any calendar year. Each conflict of interest reporting form shall be submitted confidentially for review to the Chief Legal Officer, who is empowered to resolve any conflict of interest or ethical issue that may compromise a board member's ability to fulfill her or his fiduciary obligations to the Ladies Professional Golf Association. In the event that a conflict of interest or ethical issue cannot be satisfactorily resolved by the LPGA Chief Legal Officer, the matter shall be referred to the LPGA Governance Committee which shall seek to resolve the matter. Any matter that cannot be resolved by the above procedures shall be reported to the board of directors for resolution. Process FOR determining compensation Form 990, Part VI, Line 15a The Human Resources Committee of the Board of Directors is charged with recommending the appointment, conducting performance reviews and determining the compensation of the Commissioner. This recommendation is based on the following methods: independent compensation consulting, comparable industry knowledge, and market surveys. The Human Resources Committee recommends to the entire Board of Directors the Commissioner's base salary, benefits and performance bonus, if certain goals are met. PROCESS FOR DETERMINING COMPENSATION Form 990, Part VI, Line 15b The Commissioner is charged with conducting performance reviews of officers and key employees to determine base salary, benefits and performance bonus, if goals are met. The procedures used to determine compensation include the following: independent compensation consulting, comparable industry knowledge, and market surveys. FORM 990, PART VI, SECTION C, LINE 18 The Ladies Professional Golf Association makes its Form 1023, 990, 990-T available for public inspection via U.S. mail upon request. FORM 990, PART VI, SECTION C, LINE 19 No governing documents, conflict of interest policy or financial statements are available to the public. Form 990, Part VII, Column E Nancy Henderson is an employee of the LPGA and receives her Form W-2 from this organization. Ms. Henderson provides services both to the LPGA and to related organization, the LPGA Foundation. In the interest of clarity, the LPGA is reporting that 50% of Ms. Hendersons compensation is attributable to services rendered to the LPGA Foundation. BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS Schedule L, Part IV (A) NAME OF PERSON: VICKI GOETZE-ACKERMAN (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $5,200. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN VICKI GOETZE-ACKERMAN AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PROFESSIONAL SERVICES AS LPGA TOUR PRESIDENT. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: DEWI CLAIRE SCHREEFEL (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $9,297. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN DEWI CLAIRE SCHREEFEL AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PRIZE WINNINGS RECEIVED FROM COMPETING IN LPGA TOURNAMENTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: AI MIYAZATO (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $281,411. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN AI MIYAZATO AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PRIZE WINNINGS RECEIVED FROM COMPETING IN LPGA TOURNAMENTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: KATHERINE KIRK (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $63,216. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN KATHERINE KIRK AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PRIZE WINNINGS RECEIVED FROM COMPETING IN LPGA TOURNAMENTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: MORGAN PRESSEL (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $429,508. (D) THE TRANSACTION BETWEEN MORGAN PRESSEL AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PRIZE WINNINGS RECEIVED FROM COMPETING IN LPGA TOURNAMENTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: SARAH JANE SMITH (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $344,743. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN SARAH JANE SMITH AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PRIZE WINNINGS RECEIVED FROM COMPETING IN LPGA TOURNAMENTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: MARIAJO URIBE (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: PLAYER/BOD (C) AMOUNT OF TRANSACTION: $294,954. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN MARIAJO URIBE AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PRIZE WINNINGS RECEIVED FROM COMPETING IN LPGA TOURNAMENTS. (E) SHARING OF ORGANIZATION REVENUES? = NO (A) NAME OF PERSON: DEB VANGELLOW (B) RELATIONSHIP BETWEEN PERSON AND ORGANIZATION: MEMBER/BOD (C) AMOUNT OF TRANSACTION: $29,250. (D) DESCRIPTION OF TRANSACTION: THE TRANSACTION BETWEEN DEB VANGELLOW AND LADIES PROFESSIONAL GOLF ASSOCIATION RELATES TO PROFESSIONAL SERVICES RENDERED AS TCP NATIONAL PRESIDENT AND EVALUATOR. (E) SHARING OF ORGANIZATION REVENUES? = NO FGTA LLC 100 International Golf Drive Daytona Beach FL 32124 260507044 Develop Tour FL -727361 3373406 LPGA LPGA Tourn Prop One LLC 100 International Golf Drive Daytona Beach FL 32124 271317091 Golf Events FL 14985805 10342587 LPGA LPGA Asia LLC 100 International Golf Drive Daytona Beach FL 32124 462753637 Marketing FL 307509 9412 LPGA THE LPGA FOUNDATION 100 International Golf Drive Daytona Beach FL 32124 593085528 JRGOLF/SCHOL FL 501(c)(3) 11, TYPE II NA false Daytona Beach Golf Charities 100 International Golf Drive Daytona Beach FL 32124 593214096 GOLF EVENTS FL 501(c)(3) na false false true false false false false false false false false false false false true true false true true false The LPGA Foundation b 137500 Gift The LPGA Foundation r 294720 DUE from ENTITY The LPGA Foundation n, q 42602 Reimbursement The LPGA Foundation o, q 643085 Reimbursement The LPGA Foundation q 2518738 Reimbursement