Nonprofit Money Making, Golf Edition

Golf digest reports:

With a pay package of $5.1 million in 2009, PGA Tour Commissioner Tim Finchem leads our list of the highest-paid golf-association executives. The PGA Tour, a tax-exempt organization, reported revenue of $954.5 million in 2009, according to its latest tax return. Its three tours (PGA, Champions and Nationwide) played 115 tournaments in 2009 and distributed $337.9 million in prize money and raised $109 million for charity.


In 2009, the PGA Tour had six different people earning over $1 million in annual salary.