Return of Organization Exempt from Income
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l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93490321002056 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form 990 Under section 501 (c), 527, or 4947( a)(1) of the Internal Revenue Code ( except black lung benefit trust or private foundation) 2 00 5_ Department of the Open -The organization may have to use a copy of this return to satisfy state reporting requirements Treasury Inspection Internal Revenue Service A For the 2005 calendar year, or tax year beginning 01 -01-2005 and ending 12 -31-2005 C Name of organization D Employer identification number B Check if applicable Please United States Tennis Association Inc 13-5459420 1 Address change use IRS l a b el or Number and street (or P 0 box if mail is not delivered to street address) Room/suite F Name change print or type. See 70 West Red Oak Lane 1 Initial return Specific E Telep hone number Instruc - City or town, state or country, and ZIP + 4 (914) 696-7100 F_ Final return tions . White Plains, NY 10604 (- Amended return F_ Application pending fl Other ( specify) * Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable H and I are not applicable to section 527 organizations trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group return for affiliates? F Yes F No H(b) If "Yes" enter number of affiliates 0- G Web site: - www usta com H(c) Are all affiliates included? F Yes F No 3 Organization type (check only one) 1- F 501(c) (6) -4 (insert no ) (- 4947(a)(1) or F_ 527 (If "No," attach a list See instructions ) H(d) Is this a separate return filed by an organization K Check here - 1 if the organization's gross receipts are normally not more than $25,000 The covered by a group ruling? (- Yes F No organization need not file a return with the IRS, but if the organization received a Form 990 Package in the mail, it should file a return without financial data Some states require a complete return. I Group Exemption Number 0- M Check - 1 if the organization is not required to L Gross receipts Add lines 6b, 8b, 9b, and 10b to line 12 - 221,612,516 attach Sch B (Form 990, 990-EZ, or 990-PF) KCVC11uC Cx C115C5 dllu %.lldll C9 111 mct N55Ci5 ur r'ullu DdId11GC5 JCC III(-- Illbll ULILIUllb. 1 Contributions, gifts, grants, and similar amounts received a Direct public support la 335,000 b Indirect public support lb c Government contributions (grants) . 1c 335,000 d Total (add lines la through 1c) (cash $ 335,000 noncash $ ) 1d 2 Program service revenue including government fees and contracts (from Part VII, line 93) 2 149,738,720 3 Membership dues and assessments 3 16,778,340 4 Interest on savings and temporary cash investments 4 5 Dividends and interest from securities 5 1,363,426 6a Gross rents 6a b Less rental expenses 6b c Net rental income or (loss) (subtract line 6b from line 6a) . 6c 7 Other investment income (describe - ) 7 8a Gross amount from sales of assets (A) Securities (B) Other u other than inventory . Ch 52,479,810 8a b Less cost or other basis and sales expenses 44,504,734 8b c Gain or (loss) (attach schedule) . 7,975,076 Sc d Net gain or (loss) (combine line 8c, columns (A) and (B)) . 8d 7,975,076 9 Special events and activities (attach schedule) If any amount is from gaming , check here 0-F a Gross revenue (not including $ of contributions reported on line 1a) 9a b Less direct expenses other than fundraising expenses . 9b c Net income or (loss) from special events (subtract line 9b from line 9a) . 9c 10a Gross sales of inventory, less returns and allowances . 10a b Less cost of goods sold 10b c Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 10b from line 10a) 10c 11 Other revenue (from Part VII, line 103) 11 917,220 12 Total revenue (add lines 1d, 2, 3, 4, 5, 6c, 7, 8d, 9c, 10c, and 11) . 12 177,107,782 13 Program services (from line 44, column (B)) . 13 148,603,761 14 Management and general (from line 44, column (C)) . 14 22,995,280 75 15 Fundraising (from line 44, column (D)) 15 w 16 Payments to affiliates (attach schedule) 16 17 Total expenses (add lines 16 and 44, column (A)) . 17 171,599,041 ,A 18 Excess or (deficit) for the year (subtract line 17 from line 12) . 18 5,508,741 19 Net assets or fund balances at beginning of year (from line 73, column (A)) 19 98,221,486 20 Other changes in net assets or fund balances (attach explanation) 20 2,517,544 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20) . 21 106,247,771 For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions . Cat No 11282Y Form 990 (2005) Form 990 (2005) Page 2 RIEULEM Statement of All organizations must complete column (A) Columns (B), (C), and (D) are required for section Functional Expenses 501(c)(3) and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but optional for others (See the instructions ) Do not include amounts reported on line (B) Program (C) Management ( A) Total (D) Fundraising 6b, 8b, 9b, 1Ob, or 16 of Part I. services and general 22 Grants and allocations (attach schedule) (cash $47,322,752 noncash $ 0 If this amount includes foreign grants, check here F- 22 47,322,752 47,322,752 23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule) 24 25 Compensation of officers, directors , etc 25 788,400 197,100 591,300 26 Other salaries and wages 26 26,057,760 19,704,054 6,353,706 27 Pension plan contributions 27 748,942 593,336 155,606 28 Other employee benefits 28 3,043,168 2,157,311 885,857 29 Payroll taxes 29 1,466,271 1,107,487 358,784 30 Professional fundraising fees . 30 31 Accounting fees 31 263,000 20,000 243,000 32 Legal fees 32 2,086,667 11,845 2,074,822 33 Supplies 33 2,103,875 1,853,472 250,403 34 Telephone . 34 1,008,713 797,512 211,201 35 Postage and shipping 35 1,465,552 1,310,173 155,379 36 Occupancy 36 1,439,424 1,029,390 410,034 37 Equipment rental and maintenance 37 1,294,507 976,202 318,305 38 Printing and publications 38 4,991,595 4,939,580 52,015 39 Travel 39 13,297,759 12,122,484 1,175,275 40 Conferences, conventions, and meetings 40 125,341 78,033 47,308 41 Interest 41 42 Depreciation, depletion, etc (attach schedule) 42 2,981,118 18,503 2,962,615 43 Other expenses not covered above (itemize) a See Additional Data Table 43a b 43b c 43c d 43d e 43e f 43f g 43g 44 Total functional expenses . Add lines 22 through 43 (Organizations completing columns (B)-(D), carry these totals to lines 13-15) 44 171,599,041 148,603,761 22,995,280 0 Joint Costs . Check - fl if you are following SOP 98-2 Are any joint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services ' fl Yes 17 No If "Yes," enter ( i) the aggregate amount of these joint costs $ , ( ii) the amount allocated to Program services $ (iii) the amount allocated to Management and general $ , and (iv ) the amount allocated to Fundraising $ Form 990 (2005) Form 990 ( 2005) Page 3 UT.TIWi Statement of Program Service Accomplishments (See the Instructions.) Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments Program Service What is the organization's primary exempt purpose? - To Promote & Develop the Growth of Tennis Expenses (Required for 501(c)(3) and All organizations must describe their exempt purpose achievements in a clear and concise manner State the number of clients served, (4) orgs , and 4947(a)(1) publications issued, etc Discuss achievements that are not measurable (Section 501(c)(3) and (4) organizations and 4947(a)(1) nonexempt optional trusts, but tional for charitable trusts must also enter the amount of grants and allocations to others others ) a See Additional Data Table (Grants and allocations $ If this amount includes foreign grants, check here - F b (Grants and allocations $ If this amount includes foreign grants, check here - F c (Grants and allocations $ If this amount includes foreign grants, check here - fl d (Grants and allocations $ If this amount includes foreign grants, check here - fl e Other program services ( attach schedule) (Grants and allocations $ ) If this amount includes foreign grants, check here F- f Total of Program Service Expenses (should equal line 44, column (B), Program services) 148,603,761 Form 990 (2005) Form 990 (2005) Page 4 Balance Sheets (See the instructions.) Note : Where required, attached schedules and amounts within the description (A) (B) column should be for end-of-year amounts only. Beginning of year End of year 45 Cash-non-interest-bearing 7,510,371 45 520,423 46 Savings and temporary cash investments 30,642,607 46 4,715,058 47a Accounts receivable 47a 8,545,492 b Less allowance for doubtful accounts 47b 2,196,799 47c 8,545,492 48a Pledges receivable .