Wednesday, May 8, 2013

Forbes - Media & Entertainment: The PGA Tour: A Not-For-Profit Money Machine

Forbes - Media & Entertainment
Forbes - Media & Entertainment
thumbnail The PGA Tour: A Not-For-Profit Money Machine
May 8th 2013, 14:00

According to the PGA Tour's 990 tax form, revenues in 2011, its most recent reporting year, were $973 million. Its annual report lists the revenue for that year at just over $1 billion. And the tour itself says its revenues were closer to $2 billion. What gives?

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