NEWP501(c)(7) · MEDIUMNAICS 713910EIN 05-0191000

Newport Country Club

Newport, RI · founded 1950
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.46M
▼ 0.8% YoY
FY23 Total Expenses
$3.78M
▲ 2.7% YoY
Operating Margin
-9.4%
revenue minus expenses ÷ revenue
Employees
63
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.5M
▲ 10.0% / 5y
3.14.33.63.53.5
Expenses
$3.8M
▲ 25.3% / 5y
3.03.03.63.73.8
Total Assets
$8.6M
▲ 22.5% / 5y
7.09.99.59.18.6
Total Liabilities
$2.1M
▼ 13.1% / 5y
2.44.13.63.52.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.1M$4.3M$3.6M$3.5M$3.5M+10.0%
Expenses$3.0M$3.0M$3.6M$3.7M$3.8M+25.3%
Net surplus$123K$1.2M$24K-$200K-$327K-365.3%
Total assets$7.0M$9.9M$9.5M$9.1M$8.6M+22.5%
Total liabilities$2.4M$4.1M$3.6M$3.5M$2.1M-13.1%
Net assets$4.6M$5.8M$5.9M$5.7M$6.5M+41.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHRIS COEN
Golf Course Superintendent· 40h/wk
$137,779

+ 18 unpaid officers/directors as reported (AMELIA M BERKOWITZ, ARCHBOLD D VAN BEUREN, BARCLAY DOUGLAS JR, +15 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
BARRY WESTALL
JAMESTOWN, RI
GOLF PRO$256,669

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,945,488
GOLF TOURNAMENT & FEES$958,165
OTHER ACTIVITIES$216,651
INITIATION FEES$127,791

NFounded in 1950, Newport Country Club reported $3.46M of revenue for FY23, at an operating margin of -9.4%. Revenue moved down 0.8% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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