2024-11-15T11:00:20-06:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2023-01-01 750055465 LADIES PROFESSIONAL GOLF ASSOCIATION LADI 3862746200 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 321241092 MARY SALTER EVP, FINANCE 3862746200 2024-11-15 1 1 SCOTT THOMPSETT P00741490 2125990100 2023 2024-10-15 13:58:12Z MOLLIE MARCOUX SAMAAN 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 321241092 208836228 0 X WWW.LPGA.COM X 1950 FL TO PROMOTE WORLDWIDE INTEREST IN THE GAME OF WOMEN'S PROFESSIONAL GOLF. 15 6 196 2500 0 0 1990000 409771 177533011 205896447 626730 2530010 0 0 180149741 208836228 1063780 1382913 0 0 20897262 22391448 0 0 0 150505457 179414468 172466499 203188829 7683242 5647399 102781228 109831377 73486049 74910400 29295179 34920977 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. 0 0 THE LADIES PROFESSIONAL GOLF ASSOCIATION PROMOTES THE GLOBAL DEVELOPMENT OF WOMEN'S PROFESSIONAL GOLF THROUGH INSTRUCTIONAL AND PROFESSIONAL DEVELOPMENT PROGRAMS, AND THROUGH ITS SANCTIONING OF LPGA TOUR AND EPSON TOUR TOURNAMENTS, AND PROVIDING SUPPORT THROUGH ITS JOINT VENTURE RELATIONSHIP WITH THE LADIES EUROPEAN TOUR (LET). THE LADIES PROFESSIONAL GOLF ASSOCIATION IS INVOLVED IN HOSTING A NUMBER OF TOURNAMENTS FOR ITS LPGA TEACHING PROFESSIONALS MEMBERSHIP INCLUDING A NATIONAL CHAMPIONSHIP, TEAM CLASSIC AND OTHER REGIONAL TOURNAMENTS, AS WELL AS HOSTING QUALIFYING TOURNAMENTS FOR INDIVIDUALS SEEKING LPGA AND EPSON TOUR MEMBERSHIP. THE LET ALSO HOSTS QUALIFYING TOURNAMENTS FOR THOSE SEEKING LET MEMBERSHIP. 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. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 825 0 1 196 1 0 1 UK 0 0 1 1 0 1 0 X 15 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 1 1 CA X MARY SALTER 3862746200 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 321241092 X MOLLIE MARCOUX SAMAAN COMMISSIONER 36.00 6.00 X X 1270570 0 44036 ALLY EWING PLAYER/DIRECTOR (THRU 12/23) 5.00 0.00 X 784515 0 10128 STACY LEWIS PLAYER/DIRECTOR (THRU 12/23) 5.00 0.00 X 266348 0 8820 KELLY TAN PLAYER/DIRECTOR (AS OF 1/23) 5.00 0.00 X 185482 0 8370 VICKI GOETZE-ACKERMAN PLAYER PRESIDENT/DIRECTOR 30.00 1.00 X X 95534 0 31364 MARVOL BARNARD MEMBER/DIRECTOR 2.00 0.00 X 59667 0 0 JOHN VEIHMEYER CHAIRPERSON 3.00 0.00 X 0 0 0 MICHELE MEYER-SHIPP DIRECTOR 2.00 0.00 X 0 0 0 JON IWATA DIRECTOR 2.00 0.00 X 0 0 0 MADELEINE KLEINER DIRECTOR 2.00 0.00 X 0 0 0 STEVE MILLS DIRECTOR (AS OF 1/23) 2.00 0.00 X 0 0 0 TOM SCHOEWE DIRECTOR (THRU 12/23) 2.00 0.00 X 0 0 0 GEMMA DRYBURGH PLAYER/DIRECTOR (AS OF 1/23) 5.00 0.00 X 569668 0 10149 MEL REID PLAYER/DIRECTOR (AS OF 1/23) 5.00 0.00 X 352850 0 8408 ELIZABETH SZOKOL PLAYER/DIRECTOR (AS OF 1/23) 5.00 0.00 X 549594 0 9217 MARIAN MOORE CLO/SECRETARY 31.00 11.00 X 476861 0 30340 KATHRYN MILTHORPE CFO/TREASURER 31.00 11.00 X 389493 0 31238 NANCY HENDERSON CHIEF TEACHING OFFICER 20.00 22.00 X 359159 0 31800 NICOLE METZGER CHIEF SALES OFFICER (AS OF 2/23) 40.00 0.00 X 306373 0 27235 JIN PYUN CHIEF BUSINESS OFFICER - ASIA 40.00 0.00 X 330612 0 13172 STEVEN BROTHERS CHIEF BUS. OPS - EPSON (AS OF 1/23) 40.00 0.00 X 256302 0 20648 MATTHEW CHMURA CHIEF MARKETING OFFICER 40.00 0.00 X 467919 0 2952 RICKI LASKY CHIEF TOURNAMENT BUSINESS OFFICER 40.00 0.00 X 461900 0 40706 THOMAS TANGTIPHAIBOONTANA SVP - TOUR OPS 40.00 0.00 X 240843 0 13185 BRIAN CARROLL EVP GLOBAL MEDIA 40.00 0.00 X 272519 0 38106 MARK VIRDEN VP - INFORMATION TECHNOLOGIES 40.00 0.00 X 213877 0 36627 STASIA COLLINS SVP - TOUR OPERATIONS 40.00 0.00 X 237006 0 30275 KOURTNEY BIGELOW ASST. GENERAL COUNSEL 40.00 0.00 X 226647 0 17644 8373739 0 464420 64 0 1 0 NBC UNIVERSALGOLF CHANNEL PO BOX 402971 ATLANTA GA 30384 TELEVISON SERVICES 19162207 OUTLYR 165 W PUTMAN AVE GREENWICH CT 06830 EVENT OPERATIONS 3774595 LILIA VU 10348 AMBERWOOD CIRCLE FOUNTAIN VALLEY CA 92708 PRIZE WINNINGS 3761286 ANGEL YIN 10372 ROYAL CYPRESS WAY ORLANDO FL 32836 PRIZE WINNINGS 2564779 WASSERMAN EVENTS LLC 10960 WILSHIRE BLVD LOS ANGELES CA 90024 EVENT OPERATIONS 1872751 89 409771 409771 409771 TOURNAMENT REVENUE 711300 123017892 123017892 TELEVISION & MEDIA REV 711300 53670391 53670391 CORPORATE SPONSORSHIPS 711300 22689938 22689938 MEMBERSHIP & OTHER INC 711300 5882659 5882659 EDUCATION/PROF DEV 711300 635567 635567 205896447 2530010 2530010 208836228 205896447 0 2530010 1382913 7125906 12679758 335241 1269458 981085 416453 407759 5067962 869714 219242 434043 5054556 1098484 775146 PRIZE MONEY 98534583 TELEVISION & MEDIA 25179563 TOURNAMENT EXPENSE 18154180 CORPORATE SPONSOR 17127723 6075060 203188829 4446375 5087713 46098330 40553962 12309409 17079479 1236175 2156334 16423452 12944671 3674748 3478781 33889931 40419423 916574 916574 209686 139111 102781228 109831377 16780426 22314617 22606006 12037249 34099617 40558534 73486049 74910400 X 29295179 34920977 29295179 34920977 102781228 109831377 X 5647399 -21601 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 PART III-A: THE LADIES PROFESSIONAL GOLF ASSOCIATION DID NOT CONDUCT ANY LOBBYING ACTIVITIES IN 2023. 350000 350000 2435115 2148967 286148 615391 597208 18183 13022946 10198496 2824450 3478781 DEFERRED PLAYER RETIREMENT BENEFITS 40419423 LEASE LIABILITY 139111 40558534 X 234178758 25342530 25342530 208836228 0 208836228 228373215 25184386 25184386 203188829 0 203188829 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER PROVISIONS OF SECTION 501(C)(6) OF THE IRC 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, 2019 THROUGH 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON INVESTMENTS FOR PLAYER RETIREMENT PLANS' BENEFITS 6,466,867. REVENUE OF SUBSIDIARY INCLUDED IN AUDITED FINANCIAL STATEMENTS 18,875,663. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAIN ON INVESTMENTS FOR PLAYER RETIREMENT PLANS' BENEFITS 6,466,867. EXPENSES OF SUBSIDIARY INCLUDED IN AUDITED FINANCIAL STATEMENTS 18,717,519. EUROPE (INCLUDING ICELAND & GREENLAND) 1 26 PROGRAM SERVICES LADIES EUROPEAN TOUR 18717521 EAST ASIA AND THE PACIFIC 1 7 PROGRAM SERVICES MAINTAINING OFFICES 1407855 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES GOLF COMPETITION 8154395 NORTH AMERICA 0 0 PROGRAM SERVICES GOLF COMPETITON 424842 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES GOLF COMPETITION 11108268 SOUTH AMERICA 0 0 PROGRAM SERVICES GOLF COMPETITION 1980 2 33 0 0 2 33 39814861 0 39814861 0 0 0 0 0 0 1 BLACK GIRLS GOLF FOUNDATION 1273 METROPOLITAN AVE SE 18182 ATLANTA GA 30316 824662695 501(C)(3) 6000 0 GENERAL SUPPORT FAIRWAYS TO LEADERSHIP INC 9608 OSPREY LANDING DR ORLANDO FL 32832 853872734 501(C)(3) 10000 0 GENERAL SUPPORT FRIENDS OF HAWAII CHARITIES INC 735 BISHOP STREET SUITE 330 HONOLULU HI 968134823 990334302 501(C)(3) 25000 0 GENERAL SUPPORT THE LPGA FOUNDATION 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 593085528 501(C)(3) 931913 0 GENERAL SUPPORT UNITED WAY OF VOLUSIA COUNTY 1530 CORNERSTONE BLVD STE 210 DAYTONA BEACH FL 32117 591099774 501(C)(3) 10000 0 GENERAL SUPPORT WORLD GOLF FOUNDATION ONE WORLD GOLF PLACE SAINT AUGUSTINE FL 32092 592998925 501(C)(3) 400000 0 GENERAL SUPPORT 6 0 PART I, LINE 2: THE LADIES PROFESSIONAL GOLF ASSOCIATION TOUR PLAYERS ELECT TO DONATE ALL PRO AM REVENUE RECEIVED BY THE LPGA FROM TOURNAMENT SPONSORS TO THE LPGA FOUNDATION. THE LADIES PROFESSIONAL GOLF ASSOCIATION ALSO PROVIDES CHARITABLE CONTRIBUTIONS AND NONCASH ASSISTANCE TO THE LPGA FOUNDATION. THE LADIES PROFESSIONAL GOLF ASSOCIATION ENSURES THAT ALL TRANSFERS ARE USED FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE. ALL OTHER GRANTS ARE DONATIONS TO OUTSIDE ORGANIZATIONS THAT SHARE A CHARITABLE MISSION THAT ALIGNS WITH THE LPGA. X X 1 1 X X X X 0 1 0 MOLLIE MARCOUX SAMAAN COMMISSIONER 830570 0 440000 0 0 0 9900 0 34136 0 1314606 0 0 0 ALLY EWING PLAYER/DIRECTOR (THRU 12/23) 0 0 0 0 784515 0 10128 0 0 0 794643 0 0 0 GEMMA DRYBURGH PLAYER/DIRECTOR (AS OF 1/23) 0 0 0 0 569668 0 10149 0 0 0 579817 0 0 0 ELIZABETH SZOKOL PLAYER/DIRECTOR (AS OF 1/23) 0 0 0 0 549594 0 9217 0 0 0 558811 0 0 0 MARIAN MOORE CLO/SECRETARY 384361 0 92500 0 0 0 9900 0 20440 0 507201 0 0 0 RICKI LASKY CHIEF TOURNAMENT BUSINESS OFFICER 371900 0 90000 0 0 0 9900 0 30806 0 502606 0 0 0 MATTHEW CHMURA CHIEF MARKETING OFFICER 377919 0 90000 0 0 0 0 0 2952 0 470871 0 0 0 KATHRYN MILTHORPE CFO/TREASURER 313993 0 75500 0 0 0 9900 0 21338 0 420731 0 0 0 NANCY HENDERSON CHIEF TEACHING OFFICER 290159 0 69000 0 0 0 9900 0 21900 0 390959 0 0 0 MEL REID PLAYER/DIRECTOR (AS OF 1/23) 0 0 0 0 352850 0 8408 0 0 0 361258 0 0 0 JIN PYUN CHIEF BUSINESS OFFICER - ASIA 253576 0 77036 0 0 0 0 0 13172 0 343784 0 0 0 NICOLE METZGER CHIEF SALES OFFICER (AS OF 2/23) 306373 0 0 0 0 0 0 0 27235 0 333608 0 0 0 BRIAN CARROLL EVP GLOBAL MEDIA 228229 0 44290 0 0 0 8439 0 29667 0 310625 0 0 0 STEVEN BROTHERS CHIEF BUS. OPS - EPSON (AS OF 1/23) 256302 0 0 0 0 0 0 0 20648 0 276950 0 0 0 STACY LEWIS PLAYER/DIRECTOR (THRU 12/23) 0 0 0 0 266348 0 8820 0 0 0 275168 0 0 0 STASIA COLLINS SVP - TOUR OPERATIONS 206638 0 30368 0 0 0 6854 0 23421 0 267281 0 0 0 THOMAS TANGTIPHAIBOONTANA SVP - TOUR OPS 210843 0 30000 0 0 0 3180 0 10005 0 254028 0 0 0 MARK VIRDEN VP - INFORMATION TECHNOLOGIES 186116 0 27761 0 0 0 6607 0 30020 0 250504 0 0 0 KOURTNEY BIGELOW ASST. GENERAL COUNSEL 198147 0 28500 0 0 0 6080 0 11564 0 244291 0 0 0 KELLY TAN PLAYER/DIRECTOR (AS OF 1/23) 0 0 0 0 185482 0 8370 0 0 0 193852 0 0 0 PART I, LINE 1A FIRST CLASS AND COMPANION TRAVEL PRIVILEGES ARE PROVIDED TO THE COMMISSIONER OF THE LPGA AND OTHER EMPLOYEES IN ACCORDANCE WITH LPGA TRAVEL POLICIES AND PROCEDURES. PART I, LINE 4B THE LPGA TOURNAMENT PLAYER RETIREMENT PLAN WAS ESTABLISHED TO PROVIDE THE ELIGIBLE MEMBERS OF THE TOURNAMENT DIVISION WITH POTENTIAL RETIREMENT BENEFITS. EVERY MEMBER OF THE LPGA TOURNAMENT DIVISION WHO COMPETES IN THE "MINIMUM NUMBER" OF OFFICIAL LPGA TOURNAMENTS ANNUALLY IS ELIGIBLE TO PARTICIPATE IN THE PLAN. AMOUNTS ALLOCATED TO MEMBERS ARE BASED UPON A FORMULA DETERMINED ANNUALLY BY THE BOARD WITH SUCH FORMULA CONSIDERING SUCH FACTORS AS THE NUMBER OF TOURNAMENTS IN WHICH A MEMBER COMPETES, THE AMOUNT OF PRIZE MONEY WON, THE NUMBER OF YEARS A MEMBER HAS PLAYED AND ANY DIRECT SERVICE TO THE ASSOCIATION. DURING 2023, THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE PLAN AND RECEIVED AN ALLOCATION: ALLY EWING - $10,128 GEMMA DRYBURGH - $10,149 ELIZABETH SZOKOL - $9,217 MEL REID - $8,408 STACY LEWIS - $8,820 KELLY TAN - $8,370 SCHEDULE J, PART II(B)(III): COMPENSATION FOR THE FOLLOWING BOARD MEMBERS WAS RELATED TO TOURNAMENT PRIZE WINNINGS RECEIVED IN CONJUNCTION WITH COMPETING IN LPGA TOURNAMENTS: - ALLY EWING - STACY LEWIS - GEMMA DRYBURGH - MEL REID - ELIZABETH SZOKOL - KELLY TAN X SUPPLIES 1 256711 FMV X UNIFORMS 2 107544 FMV X PLAYER GIFTS 8 45516 FMV 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN SCHEDULE M, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS THE MEMBERS OF THE LADIES PROFESSIONAL GOLF ASSOCIATION ARE THE TOURNAMENT PLAYERS AND LPGA PROFESSIONALS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT 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. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL THE LADIES PROFESSIONAL GOLF ASSOCIATION'S BYLAWS RESERVE TO THE MEMBERS THE POWER TO AMEND, REPEAL OR RESTATE THE CONSTITUTION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS 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. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT 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. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH RECOMMENDING THE APPOINTMENT AND PERFORMANCE ASSESSMENT OF THE COMMISSIONER. THE COMMITTEE RECOMMENDS TO THE ENTIRE BOARD OF DIRECTORS THE COMMISSIONER'S BASE SALARY, BENEFITS AND PERFORMANCE BONUS, IF CERTAIN GOALS ARE MET. THE TALENT AND CULTURE DEPARTMENT OF THE LPGA, IN PARTNERSHIP WITH THE COMMISSIONER AND KEY EXECUTIVES, CONDUCT PERFORMANCE REVIEWS AND DETERMINE COMPENSATION FOR ALL OTHER EMPLOYEES ACROSS THE ORGANIZATION. THEIR RECOMMENDATIONS ARE BASED ON THE FOLLOWING METHODS: INDEPENDENT COMPENSATION CONSULTING, COMPARABLE INDUSTRY KNOWLEDGE, AND MARKET SURVEYS, COUPLED WITH PERFORMANCE. THE LAST COMPENSATION SURVEY WAS CONDUCTED IN THE FALL OF 2023. FORM 990, PART VI, SECTION C, LINE 18 THE LADIES PROFESSIONAL GOLF ASSOCIATION MAKES ITS FORM 1023, 990, AND 990-T AVAILABLE FOR PUBLIC INSPECTION VIA U.S. MAIL UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY OR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UNLESS AUTHORIZED BY THE ASSOCIATION'S MANAGEMENT AT ITS SOLE DISCRETION. FORM 990, PART VII, COLUMN E: NANCY HENDERSON IS AN EMPLOYEE OF THE LPGA AND RECEIVES HER FORM W-2 FROM THE LPGA. MS. HENDERSON PROVIDES SERVICES BOTH TO THE LPGA AND TO A RELATED ORGANIZATION, THE LPGA FOUNDATION. IN THE INTEREST OF CLARITY, THE LPGA IS REPORTING THAT 50% OF MS. HENDERSON'S COMPENSATION IS ATTRIBUTABLE TO SERVICES RENDERED TO THE LPGA FOUNDATION. FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION ADJUSTMENT -21,601. FGTA LLC 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 260507044 EPSON DEVELOPMENT TOUR FL 9016592 1975151 LADIES PROFESSIONAL GOLF ASSOCIATION LPGA TOURN PROP ONE LLC 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 271317091 GOLF EVENTS FL 18992299 6026020 LADIES PROFESSIONAL GOLF ASSOCIATION LPGA ASIA LLC 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 462753637 SALES AND MARKETING FL 1493717 57812 LADIES PROFESSIONAL GOLF ASSOCIATION LADIES EUROPEAN GOLF VENTURE LTD BUCKINGHAMSHIRE GOLF CLUB DENHAM COURT DR DENH ENGLAND UK LADIES EUROPEAN TOUR UK 18875664 3960841 LADIES PROFESSIONAL GOLF ASSOCIATION LPGA GAMING LLC 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 873234526 LICENSING FL 0 0 LADIES PROFESSIONAL GOLF ASSOCIATION THE LPGA FOUNDATION 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 593085528 JUNIOR GOLF PROGRAMS &SCHOLARSHIP FL 501(C)(3) LINE 7 LADIES PROFESSIONAL GOLF ASSOCIATION 1 EXECUTIVE WOMEN'S GOLF ASSOCIATION INC 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 593348753 WOMENS GOLF FL 501(C)(6) THE LPGA FOUNDATION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 THE LPGA FOUNDATION B 931913 CASH THE LPGA FOUNDATION R 266475 DUE FROM ENTITY THE LPGA FOUNDATION O 1332078 REIMBURSEMENT THE LPGA FOUNDATION Q 3835342 REIMBURSEMENT EXECUTIVE WOMEN'S GOLF ASSOCIATION INC R 498750 DUE FROM ENTITY EXECUTIVE WOMEN'S GOLF ASSOCIATION INC O 654403 REIMBURSEMENT EXECUTIVE WOMEN'S GOLF ASSOCIATION INC Q 8666 REIMBURSEMENT