United States Tennis Association Inc
- Assets
- $433.9m
- Revenue
- $332.2m
- Investments
- $105.8m
- Employees
- 875
- Location
- White Plains, NY
- Founding
- 11/1943
- Data as of
- 12/2019
- EIN
- 13-5459420
Organization Overview
United States Tennis Association Inc is located in White Plains, NY. The organization was established in 1943. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 12/2018, United States Tennis Association Inc employed 875 individuals. This organization is the central organization for a national or regional group of organizations.
For the year ending 12/2019, United States Tennis Association Inc generated $332.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $306.7m during the year ending 12/2019. While expenses have increased by 5.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND DEVELOP THE GROWTH OF TENNIS AS A MEANS OF HEALTHFUL RECREATION AND PHYSICAL FITNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
US OPEN - SEE SCHEDULE O
COMMUNITY TENNIS DEVELOPMENT - SEE SCHEDULE O
PROFESSIONAL TENNIS OPERATIONS DIVISION - SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon Smith Executive Director, CEO | Officer | 35 | $1,265,279 |
Lewis Sherr Chief Revenue Officer | Officer | 40 | $1,130,675 |
Stacey Milkovich Chief Executive, Pro Tennis | Officer | 40 | $861,232 |
Andrea Hirsch Cao & General Counsel | Officer | 40 | $823,744 |
Kurt Kamperman Chief Exec., National Campus | Officer | 40 | $792,414 |
Edward Neppl Chief Financial Officer | Officer | 40 | $633,371 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Smtids Digital Consulting | 12/30/18 | $2,163,546 |
Horizon Media Inc Media Engagement | 12/30/18 | $2,957,326 |
Ibm Corporation Digital Enhancement | 12/30/18 | $2,744,200 |
Alorica Inc Member Call Center | 12/30/18 | $2,438,332 |
Deloitte Consulting Llp Digital Transformati | 12/30/18 | $6,548,385 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,047,208 |
| Investment income | $4,120,510 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,416,603 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,181,691 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $332,162,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $350,077 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,632,907 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,419,720 |
| Pension plan accruals and contributions | $1,935,949 |
| Other employee benefits | $4,758,200 |
| Payroll taxes | $3,088,115 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $539,097 |
| Fees for services: Accounting | $265,429 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $542,705 |
| Fees for services: Other | $13,791,983 |
| Advertising and promotion | $5,302,540 |
| Office expenses | $2,481,823 |
| Information technology | $8,721,448 |
| Royalties | $0 |
| Occupancy | $4,614,176 |
| Travel | $13,910,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $855,524 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,430,046 |
| Insurance | $3,663,107 |
| All other expenses | $0 |
| Total functional expenses | $306,680,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,464,806 |
| Savings and temporary cash investments | $107,572,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,845,712 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,582,053 |
| Inventories for sale or use | $1,337,792 |
| Prepaid expenses and deferred charges | $7,161,809 |
| Investments—publicly traded securities | $34,918,518 |
| Investments—other securities | $105,779,036 |
| Investments—program-related | $33,094,671 |
| Intangible assets | $0 |
| Other assets | $78,300 |
| Total assets | $433,881,341 |
| Accounts payable and accrued expenses | $34,822,322 |
| Grants payable | $0 |
| Deferred revenue | $37,065,223 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,190,143 |
| Total liabilities | $73,077,688 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $360,803,653 |
Grants Awarded
Over the last fiscal year, United States Tennis Association Inc has awarded $73,456,988 in support to 104 organizations.
| Grant Recipient | Amount |
|---|---|
White Plains, NY PURPOSE: prog. support/youth | $19,578,474 |
Peachtree Corners, GA PURPOSE: Section Grant | $11,318,688 |
Indianapolis, IN PURPOSE: Section Grant | $5,502,556 |
Austin, TX PURPOSE: Section Grant | $3,559,866 |
White Plains, NY PURPOSE: Section Grant | $3,458,460 |
Alameda, CA PURPOSE: Section Grant | $3,259,930 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that United States Tennis Association Inc has recieved totaling $192,000.
| Awarding Organization | Amount |
|---|---|
United States Olympic & Paralympic Committee Colorado Springs, CO PURPOSE: OLYMPIC/PARALYMPIC SUPPORT | $50,000 |
Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 Southeastern, PA PURPOSE: FOUNDATION | $50,000 |
Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 Southeastern, PA PURPOSE: FOUNDATION | $50,000 |
Davenport Family Fndtn Trust Under Deed Edna Marion Davenport 031597 Southeastern, PA PURPOSE: FOUNDATION | $25,000 |
The Orange Bowl Committee Inc Miami Lakes, FL PURPOSE: General Assistance | $15,000 |
Maureen Connolly Brinker Girls Tennis Foundation Inc Dallas, TX PURPOSE: PLAYER STIPEND | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Tennis Association Inc White Plains, NY | $433,881,341 | $332,162,497 |
Metropolitan Golf Association Inc Elmsford, NY | $7,060,506 | $5,306,502 |
Golf Association Of Philadelphia Broomall, PA | $1,169,719 | $2,971,551 |
New Jersey State Golf Association Kenilworth, NJ | $1,323,356 | $2,104,989 |
Bicycle Coalition Of Greater Philadelphia Philadelphia, PA | $940,164 | $1,353,884 |
Athlete Ally Inc New York, NY | $940,862 | $1,216,431 |
New Jersey Restaurant Association Inc Trenton, NJ | $734,870 | $852,773 |
International Association Of Approved Basketball Officials Inc Carlisle, PA | $1,218,715 | $714,025 |
Fathers Day Mothers Day Council Inc New York, NY | $436,348 | $12,575 |
Flexographic Technical Association Inc Bohemia, NY | $2,429,067 | $618,379 |
Coalition For Horse Racing Integrity Inc New York, NY | $311 | $382,165 |
New Jersey Bicycle Coalition Montclair, NJ | $229,489 | $312,968 |