Nonprofit · EIN 27-4452110
MASTERS TOURNAMENT FOUNDATION INC
Also known as MASTERS TOURNAMENT FOUNDATION
Tax-exempt · AUGUSTA, GA 30903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $34,607,012 | $80,645,353 | -$46,038,341 | $18,314,880 | $6,659,610 | $11,655,270 |
| December 31, 2023 | 990-PF | $32,526,270 | $22,404,756 | $10,121,514 | $81,750,090 | $19,087,555 | $62,662,535 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,686,077
- Dividends
- $1,941,525
- Net gain from sales of assets
- $6,404,099
- Other income
- $10,575,311
Expenses
- Grants and similar amounts paid
- $63,692,503
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $7,746,970
- Excise tax on investment income
- $113,314
Balance sheet and other
- Total assets, start of year
- $81,750,090
- Total assets, end of year
- $18,314,880
- Total liabilities, end of year
- $6,659,610
- Net assets, end of year
- $11,655,270
- Fair market value of assets
- $18,314,880
- Qualifying distributions
- $7,746,970
- Net investment income
- $10,058,435
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED S RIDLEY PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| S TAYLOR GLOVER PO BOX 2444, AUGUSTA, GA 30903 | PRESIDENT AND CEO | 2 | $0 |
| ROBERT L JOHNSTON PO BOX 2444, AUGUSTA, GA 30903 | SECRETARY AND TREASURER | 2 | $0 |
| W PATRICK BATTLE PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| CRAIG L HEATLEY PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| EDWARD D HERLIHY PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| TERENCE F MCGUIRK PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| BRIAN L ROBERTS PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| LEE J STYSLINGER III PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| THOMAS C NELSON PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| KESSEL D STELLING JR PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED S RIDLEY PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| S TAYLOR GLOVER PO BOX 2444, AUGUSTA, GA 30903 | PRESIDENT AND CEO | 2 | $0 |
| ROBERT L JOHNSTON PO BOX 2444, AUGUSTA, GA 30903 | SECRETARY AND TREASURER | 2 | $0 |
| W PATRICK BATTLE PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| CRAIG L HEATLEY PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| EDWARD D HERLIHY PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| TERENCE F MCGUIRK PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| BRIAN L ROBERTS PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| LEE J STYSLINGER III PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| THOMAS C NELSON PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
| KESSEL D STELLING JR PO BOX 2444, AUGUSTA, GA 30903 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2444, AUGUSTA, GA 30903-2444
- In care of
- % WILLIAM S HATCHER III
- Signed the 990-PF
- KELLY FLANAGAN, CFO
- Phone
- (706) 667-6000
- Return prepared by
- DELOITTE TAX LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-4452110
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $18,314,880
- Income (IRS master file)
- $84,923,703
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $34,607,012 | $80,645,353 | $18,314,880 | XML |
| 990-PF | December 2023 | $32,526,270 | $22,404,756 | $81,750,090 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4452110).
Questions about MASTERS TOURNAMENT FOUNDATION INC
- What is the EIN of MASTERS TOURNAMENT FOUNDATION INC?
- The employer identification number (EIN) of MASTERS TOURNAMENT FOUNDATION INC is 27-4452110.
- Is MASTERS TOURNAMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to MASTERS TOURNAMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MASTERS TOURNAMENT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MASTERS TOURNAMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASTERS TOURNAMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MASTERS TOURNAMENT FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does MASTERS TOURNAMENT FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $34,607,012, expenses of $80,645,353 and total assets of $18,314,880 at year end.
Other nonprofits in AUGUSTA
- THE COMMUNITY FOUNDATION FOR THE CSRA EIN 58-2184345 · last filed 990 for 2025
- CREEL-HARISON FOUNDATION INC EIN 22-3875267 · last filed 990-PF for 2025
- JESSYE NORMAN SCHOOL OF THE ARTS EIN 31-1776667 · last filed 990 for 2025
- STOREY FOUNDATION INC EIN 58-2305034 · last filed 990-PF for 2025
- HUB FOR COMMUNITY INNOVATION INC EIN 88-3240858 · last filed 990 for 2024
- TUTTLE NEWTON HOME EIN 58-0566249 · last filed 990-PF for 2025
- MILLS FAMILY FOUNDATION INC EIN 58-2357453 · last filed 990-PF for 2025
- POLLOCK FOUNDATION INC EIN 58-2505035 · last filed 990-PF for 2025
All nonprofits in AUGUSTA · Georgia · Philanthropy, voluntarism and grantmaking foundations