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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Recreation & Sports Masters Tournament Charities Inc.

Masters Tournament Charities Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 2444
Augusta, Georgia 30903

Masters Tournament Charities Inc. (EIN: 99-3712591) has filed an IRS Form 990 in fiscal year 2024. In its fiscal year 2024 IRS Form 990 filing, Masters Tournament Charities Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$77,199,689

Expenses

$8,235,887

Employee compensation

$927,996
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kelly Flanagan
Chief Financial Officer
$0
Steve Ethun
Chief Tournament Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Brian L Roberts
Director
Craig L Heatley
Director
Edward D Herlihy
Director
Edward William Jones Jr
Executive Director
Fred S Ridley
Board Chair
Kessel D Stelling Jr
Director
Lee J Styslinger III
Director
Robert L Johnston
Treasurer and Secretary and Director
S Taylor Glover
President and Director
Terence F McGuirk
Director
Thomas C Nelson
Director
W Patrick Battle
Director

Contractors

NBC Universal Media LLC
Media
$1,877,000
Champions Retreat Arcis LLC
Recreations
$477,274
Sportsmedia Technology Corporation
Media
$355,680
Ibm Corporation
Media
$312,074
Ackerman Greenstone North Agusta LLC
Development
$291,618

Mission Statement

MASTERS TOURNAMENT CHARITIES, INC. WILL CONTINUE THE PRIMARY MISSION STARTED BY MASTERS TOURNAMENT FOUNDATION, INC. TO SUPPORT THE GAME OF GOLF'S CONTINUOUS GROWTH AROUND THE WORLD, INCLUDING THROUGH EDUCATION AND AMATEUR GOLF COMPETITIONS, AND WILL ALSO SUPPORT AND PURSUE BROADER CHARITABLE PURPOSES INCLUDING COMMUNITY DEVELOPMENT AND SUPPORTING EDUCATION, ESPECIALLY IN ECONOMICALLY DISADVANTAGED POPULATIONS IN THE AUGUSTA COMMUNITY AND THROUGH NEEDS BASED FINANCIAL ASSISTANCE FOR DISASTER RELIEF, HARDSHIPS, FINANCIAL EMERGENCIES, AS WELL AS SCHOLARSHIPS AND FELLOWSHIPS FOR QUALIFIED INDIVIDUALS, INCLUDING CURRENT AND FUTURE AUGUSTA NATIONAL EMPLOYEES AND THEIR FAMILIES.

Revisions to this organization profile

November 17, 2025:
2024 Masters Tournament Charities Inc. 990 filed

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