PONTE VEDRA BEACH, FL
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Sign In — Free (10 views/day)World Golf Foundation Inc, founded in 1989, is a mid-sized nonprofit in the Recreation & Sports sector that reported $10.9M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $9.9M left a modest 8% surplus.
TO UNITE THE GOLF INDUSTRY AROUND INITIATIVES THAT PROMOTE, ENHANCE THE GROWTH OF AND PROVIDE ACCESS TO THE GAME WORLDWIDE, WHILE PRESERVING GOLF'S TRADITIONAL VALUES AND PASSING THEM ON TO OTHERS. IT ACCOMPLISHES ITS MISSION THROUGH: 1. AMERICAN GOLF INDUSTRY COALITION UNITES AND ACTIVATES THE GOLF INDUSTRY AROUND KEY STRATEGIC INITIATIVES THAT INCREASE PARTICIPATION AND RETENTION OF PARTICIPANTS, INSPIRE INVOLVEMENT AND INTEREST IN THE GAME, AND PROMOTE SUSTAINABLE BEST PRACTICES FOR GOLF FACILITIES. 2. WORLD GOLF HALL OF FAME CELEBRATES GOLF AND PRESERVES THE LEGACIES OF THOSE WHO HAVE MADE IT GREAT.
World Golf Foundation, Inc. (the "Foundation"), which is supported by major international golf organizations and professional tours, oversees the World Golf Hall of Fame & MUSEUM (4a), American Golf...
World Golf Foundation, Inc. (the "Foundation"), which is supported by major international golf organizations and professional tours, oversees the World Golf Hall of Fame & MUSEUM (4a), American Golf Industry Coalition (4b) and other nonprofit components. The Foundation has a dual mission. The mission of the foundation is to preserve the history of the game and the legacies of those who have made it great and to create entertaining and educational exhibits for the enjoyment of the general public. These elements of the Foundation work together to promote growth of the game of golf among adults, youth, and minorities as well as in the golf industry. The Foundation is supported by major golf organizations and professional tours throughout the world including: American Junior Golf Association American Society of Golf Course Architects Asian Tour Club Managers Association of America Golf Canada Golf Course Builders Association of America Golf Course Superintendents Association of America Golf Writers Association of America International Association of Golf Administrators Japan Golf Tour Organization Korn Ferry Tour Ladies Professional Golf Association National Golf Course Owners Association National Golf Foundation PGA of America PGA TOUR INC. PGA TOUR Champions The PGA European Tour THE MASTERS TOURNAMENT The R&A Royal Canadian Golf Association Southern Africa PGA Tour United States Golf Association World Golf Hall of Fame & MUSEUM opened its museum facility ("Museum") in May 1998 providing visitors an opportunity to learn about the rich history, values and deeply rooted traditions of the game through interactive exhibits, unique storytelling and a compelling guest experience. The World Golf Hall of Fame IMAX Theater provides a mix of IMAX films that provide educational opportunities for area school children and the general public. The World Golf Hall Of Fame Museum and facility encompasses approximately 75,000 square feet and holds more than 70 separate exhibits that combine historical artifacts with the latest interactive technology. The artifacts on display are representative of the history of golf and many of the artifacts are on loan to the Foundation from various individuals and golf organizations for use in the guest experience. The World Golf Hall of Fame and Museum conducts a biennial induction ceremony to enshrine the greatest players and contributors. Enshrinement can include (both male and female) professional players, accomplished amateurs and individuals who have made substantial contributions to the game outside of the competitive arena. The Hall of Fame & Museum closed its physical presence in St. Augustine, Florida to the public as of September 2023.
The American Golf Industry Coalition's mission is to unite and activate the golf industry around key strategic initiatives that increase participation and retention of participants, inspire...
The American Golf Industry Coalition's mission is to unite and activate the golf industry around key strategic initiatives that increase participation and retention of participants, inspire involvement and interest in the game, and promote the sustainable best practices for golf facilities. One of American Golf Industry Coalition's major initiatives has been a comprehensive analysis of golf's significant contributions to the U.S. economy. American Golf Industry Coalition, working in conjunction with research partners, has provided detailed snapshots of golf's role in underpinning a healthy economy at both the state and national levels. The most recent report, the 2022 Golf Economy Report, measured golf's direct economic contributions in the U.S. at $101.7 billion, and found that the industry has impacted 1.65 million jobs with total wage income of $80.1 billion. Efforts are also ongoing to quantify golf's impact at the state level. American Golf Industry Coalition also serves to unite and strengthen inclusion practices across golf participation, workforce and procurement. Under the brand 'Make Golf Your Thing,' programs include grants to grassroot organizations, activations at historically black colleges and universities, and marketing to build awareness for industry jobs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $10,867,139 | $16,141,642 | -0.3% |
| Expenses | $9,945,264 | $12,159,093 | -0.2% |
| Net Income | $921,875 | $3,982,549 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREGORY T MCLAUGHLIN | PRESIDENT/CHIEF EXEC OFFICER | 40.0 |
Officer
Director
|
$340,764 | $0 | $340,764 |
| HERB CAIN | Facilities Director | 40.0 |
Highest
|
$118,160 | $12,934 | $131,094 |
| Andrew Yeast | Sr. Dir, Industry Engagement | 40.0 |
Highest
|
$102,101 | $5,397 | $107,498 |
| Jess Munroe | Sr. Dir, Guest Services Ops | 40.0 |
Highest
|
$94,265 | $9,193 | $103,458 |
| JAY MONAHAN | CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| MARTIN SLUMBERS | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| SETH WAUGH | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MOLLIE MARCOUX SAMAAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| E WILLIAM JONES JR | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| KEITH PELLEY | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL P WHAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| RHETT EVANS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Diane Tetsworth | Secretary | 10.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $10,867,139 | $9,945,264 | $18,876,644 | $921,875 |
| 2022 | $16,141,642 | $12,159,093 | $18,735,829 | $3,982,549 |
| 2021 | $15,866,157 | $12,079,718 | $17,767,849 | $3,786,439 |
| 2020 | $15,410,319 | $77,912,920 | $15,762,400 | $-62,502,601 |
| 2019 | $45,031,200 | $37,157,996 | $88,614,921 | $7,873,204 |
| 2018 | $30,370,997 | $40,779,493 | $75,848,380 | $-10,408,496 |
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