Overview
What is Tennis Australia Limited?
Tennis Australia Limited, based in Victoria, Australia, serves as the governing body for tennis in Australia. With a workforce of 4325 employees, the organization is dedicated to promoting and developing tennis locally, including the annual Australia Open tournament at Melbourne Park. The Australia Open attracts a large crowd and showcases tennis on a global scale, with prize money totaling $36.2 million USD in 2022. Tennis Australia's mission is to cultivate elite tennis players, increase participation in the sport, and ensure adequate coaching and tournament facilities throughout the country. The revenues from the Australia Open are reinvested back into the sport to achieve these objectives.
Official website here: www.tennis.com
Is Tennis Australia Limited legitimate?
Tennis Australia Limited is a legitimate nonprofit organization registered as a 501(c)(6) entity. Tennis Australia Limited submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,340,459
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,403,646
For more financial information, click here
Official website here: www.tennis.com
What is the mission statement of Tennis Australia Limited?
Tennis Australia Limited's mission is centered around enhancing the sport of tennis in Australia. As the governing body for tennis in the country, they strive to create champion tennis players at an elite level and encourage more individuals to participate in the sport at all levels. Their objectives also include ensuring tennis coaches are adequately trained and supporting the running of tournaments throughout the country. Tennis Australia aims to elevate the standard of tennis facilities at the club level, all accomplished by reinvesting revenues from events like the Australian Open back into the sport.
Official website here: www.tennis.com
Who is the CEO of Tennis Australia Limited?
Craig Tiley is the CEO of Tennis Australia Limited The CEO's salary of Tennis Australia Limited is $2,347,290 and their total compensation is $2,400,184.
Official website here: www.tennis.com
What is the revenue of Tennis Australia Limited?
Tennis Australia Limited's revenue in 2023 was $397,248,500.
Official website here: www.tennis.com
Who are the executives of Tennis Australia Limited and what are their salaries?
The average compensation at Tennis Australia Limited during 2023 was $12,654. There are 3852 employees and 1650 volunteers at Tennis Australia Limited.
Here are 26 key members and their salaries (Tennis Australia Limited's CEO's salary is $2,347,290 and their total compensation is $2,400,184):
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- Compensation: $330,890
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- Compensation: $519,023
- Related: $0
- Other: $20,165
- Compensation: $573,288
- Related: $0
- Other: $25,043
- Compensation: $721,379
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- Other: $18,653
- Compensation: $471,826
- Related: $0
- Other: $20,265
- Compensation: $511,660
- Related: $0
- Other: $18,653
- Compensation: $690,798
- Related: $0
- Other: $18,653
- Compensation: $2,347,290
- Related: $0
- Other: $52,894
- Compensation: $590,818
- Related: $0
- Other: $21,630
- Compensation: $277,022
- Related: $0
- Other: $18,653
- Compensation: $264,891
- Related: $0
- Other: $22,946
- Compensation: $278,882
- Related: $0
- Other: $24,847
- Compensation: $357,983
- Related: $0
- Other: $18,653
- Compensation: $350,468
- Related: $0
- Other: $36,959
- Compensation: $279,266
- Related: $0
- Other: $7,644
Official website here: www.tennis.com
Where can I find the form 990 for Tennis Australia Limited?
Tennis Australia Limited's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tennis.com
Learn more at the official website: www.tennis.com
Mission Statement of Tennis Australia Limited
Tennis Australia Limited, the governing body for tennis in Australia, is committed to enhancing the sport of tennis in the country. They believe that playing tennis contributes to a better life. The organization's primary objectives include nurturing champion tennis players at an elite level, expanding the number of individuals playing tennis at all levels, and ensuring tennis coaches are adequately trained. Additionally, Tennis Australia Limited aims to enhance the standard of tennis facilities offered at club level. These initiatives are carried out by reinvesting revenues from the Australian Open back into the sport. Tennis Australia Limited serves as a driving force behind promoting and developing tennis in Australia, with a focus on creating a thriving tennis community and fostering the growth of talented players. Through various programs and strategies, the organization strives to make tennis accessible and enjoyable for people of all ages and skill levels. Tennis Australia Limited's mission is to create a vibrant and inclusive tennis culture in Australia, where everyone can experience the joy and benefits of playing tennis.
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Impact
October, 2024
Tennis Australia Limited plays a pivotal role in promoting and developing tennis across Australia, significantly impacting both the sport and the community. By organizing the prestigious Australian Open at Melbourne Park, Tennis Australia attracts massive crowds—over 346,468 in 2022 alone—showcasing the sport on a global stage. The event not only features competitive play but also generates substantial economic benefits through prize money, with $36.2 million USD awarded in 2022.
Beyond just hosting the Australian Open, Tennis Australia is dedicated to cultivating talent at all levels, from grassroots to elite athletes. Its mission emphasizes increasing participation in tennis and ensuring that coaches are well-trained to guide players effectively. By investing the revenues generated from high-profile events like the Australian Open back into the sport, Tennis Australia aims to enhance the quality of tennis facilities and increase the number of tournaments available throughout the country.
The organization's commitment to elevating tennis participation reflects its belief that playing the sport enriches lives, fostering a healthier and more active community. By furthering its initiatives, Tennis Australia not only develops champion players but also instills a lasting love for the game among Australians of all ages.
This information is meant to be a general summary of Tennis Australia Limited. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,610,692
- Program Service Revenue: $338,210,749
- Gross Receipts: $399,940,172
Assets and Liabilities:
- Total Assets: $242,384,354
- Total Liabilities: $238,869,439
- Net Assets: $3,514,915
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURNAMENT RELATED
Revenue
$332,997,740
TENNIS PROGRAM FEES
Revenue
$3,888,329
MEMBERSHIP DUES
Revenue
$1,324,680
Organization Details
Founding Year
1984
Principal Officer
Craig Tiley
Website
www.tennis.comNTEE Category
Code: N66 - Recreation
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