2019-11-14T17:04:03-06:00 2018-12-31 134008324 PRICEWATERHOUSECOOPERS LLP 4040 BOY SCOUT BLVD SUITE 1000 TAMPA FL 33607 990 2018-01-01 133792400 WTA TOUR INC WTAT 7278955000 100 SECOND AVENUE SOUTH 1100-S ST PETERSBURG FL 33701 MATTHEW CENEDELLA COO 7278955000 2019-11-14 1 KARRIE HEBERT P00445082 8132290221 155.201.35.69 2019-11-14 10:33:33 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 957186A54413319C541263D01A0E9E0F0E876C50 2018 2020-03-31 21:24:44Z STEVE SIMON 100 SECOND AVE SOUTH1100-S ST PETERSBURG FL 33701 102598178 0 X WWW.WTATENNIS.COM X 1994 NY TO PROMOTE THE GROWTH AND RECOGNITION OF WOMEN'S TENNIS WORLDWIDE. 8 0 88 4 1467680 0 0 0 101248366 100082071 1842247 865268 1166251 1617549 104256864 102564888 0 0 3490368 4070519 13518183 14199017 0 0 0 81024601 86667143 98033152 104936679 6223712 -2371791 74809276 79141981 64392767 71858020 10416509 7283961 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 1 0 0 0 0 0 1 1 1 0 1 X 86 0 88 1 1 1 1 UK SN CH HK 0 0 0 0 1 0 X 8 0 0 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 GAVIN ZIV AS OF 83018 TOURNAMENT CLASS DIRECTOR (ALT) 5.00 0.00 X 25000 0 0 LISA GRATTAN PLAYER CLASS DIRECTOR 10.00 10.00 X 0 160500 0 VANESSA WEBB PLAYER CLASS DIRECTOR 5.00 5.00 X 0 84500 0 STEVE SIMON CHAIRMAN AND CEO 40.00 0.00 X X 1258570 0 27423 PETER MICHAEL REICHEL TOURNAMENT CLASS DIRECTOR 5.00 0.00 X 50000 0 0 MARKUS GUENTHARDT THRU 83018 TOURNAMENT CLASS DIRECTOR (ALT) 5.00 0.00 X 55000 0 0 DIANNE HAYES PLAYER CLASS DIRECTOR (ALT) 5.00 5.00 X 0 60000 0 JORGE SALKELD TOURNAMENT CLASS DIRECTOR 5.00 0.00 X 50000 0 0 DAVID HAGGERTY FEDERATION CLASS DIRECTOR 5.00 0.00 X 0 0 0 ADAM BARRETT TOURNAMENT CLASS DIRECTOR 10.00 0.00 X 80000 0 0 KRIS DENT FEDERATION CLASS DIRECTOR (ALT) 5.00 0.00 X 0 0 0 GARY BRODY PLAYER CLASS DIRECTOR 5.00 0.00 X 0 57500 0 MATTHEW CENEDELLA COO AND TREASURER 40.00 0.00 X 529625 0 25618 JOHANNA LAWLER PRESIDENT 40.00 0.00 X 1268572 0 53706 COURTNEY MCBRIDE CORPORATE SECRETARY 40.00 0.00 X 182725 0 25135 FABRICE CHOUQUET MANAGING DIRECTOR - ASIA PACIFIC 40.00 0.00 X 0 244622 6811 HEATHER BOWLER THRU 82418 SR VICE PRESIDENT 40.00 0.00 X 223543 0 20911 MELISSA PINE VICE PRESIDENT 0.00 40.00 X 0 253432 12348 JOAN PENNELLO SR VICE PRESIDENT 40.00 0.00 X 217695 0 18768 WENDY JIANG SR VICE PRESIDENT 0.00 40.00 X 0 337594 1386 3940730 1198148 192106 31 0 1 0 SOCIAL CHANNEL VENTURES LLC 110 EAST 31ST STREET 4TH FLOOR NEW YORK NY 10016 SPONSORSHIP SERVICES 3422088 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 LEGAL SERVICES 1951028 PERFORM MEDIA CHANNELS LTD SUSSEX HOUSE 2A PLANE TREE CRESCEN FELTHAM UK TW13 7AL MEDIA SERVICES 1913979 ITF LICENSING (UK) LTD BANK LANE ROEHAMPTON UK SW15 5XZ SERVICES RENDERED 1375151 SOFTEQ DEVELOPMENT CORPORATION 1155 DIARY ASHFORD SUITE 125 HOUSTON TX 77079 IT SERVICES 1211696 41 TV BROADCASTING RIGHTS 515100 41702709 41702709 SPONSORSHIPS 541800 29666743 28506202 1160541 TOUR OPERATIONS FEES 711210 25118883 25118883 TOURNAMENT MEMBERSHIP SALES/FEES 711210 3126928 3126928 PLAYERS FEES 711210 466808 466808 100082071 898558 898558 33290 -33290 -33290 -33290 MISCELLANEOUS 900099 691184 691184 GRAND SLAM FEES 711210 540873 540873 ADVERTISING 900099 289383 289383 96109 17756 78353 1617549 102564888 98921530 1467680 2175678 4070519 3391992 8907744 284142 862728 752411 5340130 163769 189714 8518185 222739 1016228 839800 2970520 484017 273042 386029 TV RIGHTS 25591729 TOURNAMENT EXPENSES 17447237 SPONSOR EXPENSES 15757177 CONSTITUENT PAYMENTS 1600009 5866818 104936679 7428141 3376179 2561321 2553053 30000 3661313 1929041 4079876 2635625 371492 1444251 47872951 57343451 12884058 12496006 74809276 79141981 5293129 8546040 48942690 51633498 10156948 11678482 64392767 71858020 X 10416509 7283961 10416509 7283961 74809276 79141981 X -2371791 -402990 -357767 X 0 1 X 1 0 237005 236458 547 3842871 2399167 1443704 1444251 NOTES RECEIVABLE AND DEPOSITS 12496006 12496006 COMMERCIAL BENEFITS PAYABLE 941415 COMMISSIONS PAYABLE 127028 DUE TO RELATED PARTY 703774 MARGIN LOAN PAYABLE 7500000 OTHER LONG-TERM LIABILITIES 438661 PRIZE MONEY PAYABLE 1952443 TOURNAMENT COUNCIL FUNDS 15161 11678482 EUROPE (INCLUDING ICELAND AND GREENLAND) 1 11 PROGRAM SERVICES SPORTING EVENTS 785600 EAST ASIA AND THE PACIFIC 3 16 PROGRAM SERVICES SPORTING EVENTS 2100630 4 27 0 0 4 27 2886230 0 2886230 0 0 1 0 0 1 X X 1 1 X X 0 0 0 LISA GRATTAN PLAYER CLASS DIRECTOR 0 0 0 0 0 160500 0 0 0 0 0 160500 0 0 STEVE SIMON CHAIRMAN AND CEO 1245880 0 0 0 12690 0 8250 0 19173 0 1285993 0 0 0 MATTHEW CENEDELLA COO AND TREASURER 507072 0 20000 0 2553 0 8250 0 17368 0 555243 0 0 0 JOHANNA LAWLER PRESIDENT 721595 0 538297 0 8680 0 25750 0 27956 0 1322278 0 0 0 COURTNEY MCBRIDE CORPORATE SECRETARY 175084 0 7000 0 641 0 5427 0 19708 0 207860 0 0 0 FABRICE CHOUQUET MANAGING DIRECTOR - ASIA PACIFIC 0 215959 0 0 0 28663 0 0 0 6811 0 251433 0 0 HEATHER BOWLER THRU 82418 SR VICE PRESIDENT 197167 0 11330 0 15046 0 6033 0 14878 0 244454 0 0 0 MELISSA PINE VICE PRESIDENT 0 195837 0 7971 0 49624 0 0 0 12348 0 265780 0 0 JOAN PENNELLO SR VICE PRESIDENT 208775 0 8240 0 680 0 6386 0 12382 0 236463 0 0 0 WENDY JIANG SR VICE PRESIDENT 0 173000 0 164594 0 0 0 0 0 1386 0 338980 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: CERTAIN EXECUTIVES ARE ENTITLED TO BENEFIT PER EMPLOYMENT CONTRACT. THE VALUE OF THE BENEFIT IS INCLUDED IN INCOME. MELISSA PINE HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: JOHANNA LAWLER THE VALUE OF THE BENEFIT IS INCLUDED IN INCOME. AMADEUS INTERNATIONAL GMBH TOURNAMENT CLASS DIRECTOR 100000 MEMBERSHIP SALE 0 PERFECT MATCH GMBH TOURNAMENT CLASS DIRECTOR (ALT) 300000 SPONSORSHIP COMMISION 0 PERFECT MATCH GMBH TOURNAMENT CLASS DIRECTOR (ALT) 198665 CONSULTING SERVICES 0 FORM 990, SCHEDULE L, PART IV, LINE 1 TOURNAMENT CLASS MEMBERSHIP SALE TO AMADEUS INTERNATIONAL GMBH (FORMERLY RBG REICHEL BUSINESS GROUP GMBH) OF WHICH PETER MICHAEL REICHEL IS A 100% OWNER. FORM 990, SCHEDULE L, PART IV, LINE 2 NON-EXCLUSIVE SPONSORSHIP COMMISION AGREEMENT WITH PERFECT MATCH GMBH OF WHICH MARKUS GUENTHARDT IS A 60% OWNER. FORM 990, SCHEDULE L, PART IV, LINE 3 OPERATING AND CONSULTING SERVICES AGREEMENT FOR THE 2018 BNP PARIBAS FINALS WITH PERFECT MATCH GMBH OF WHICH MARKUS GUENTHARDT IS A 60% OWNER. 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 (52), PLAYER CLASS MEMBERS (192), AND FEDERATION CLASS MEMBER (2) 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 -357,767. 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 11/F CAPITAL CENTRE 151 GLOUCESTER WAN CHAI HK SPECTATOR SPORTS HK WTA TOUR C -199487 16445 1.00000 1 WTA SINGAPORE LIMITED - FOREIGN 6 STADIUM WALK 01-05 SN 397698 SPECTATOR SPORTS SN WTA TOUR C -268478 80574 1.00000 1 BEIJING WTA TOUR CONSULTING CO LTD - FOREIGN CHAOWAI SOHO BLDG A FL 9 RM 915 BEIJING CHAOYANG CH 100020 SPORTS CONSULTING CH WTA HONG KONG C 998408 1195211 1.00000 1 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 WTA SINGAPORE LIMITED E 300074 FMV WTA SINGAPORE LIMITED M 652062 FMV BEIJING WTA TOUR CONSULTING CO LTD M 1224722 FMV BEIJING WTA TOUR CONSULTING CO LTD D 598803 FMV