MPYE501(c)(7) · MEDIUMNAICS 713910EIN 56-0333840

Myers Park Country Club Inc

Charlotte, NC · founded 1943
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$20.05M
▲ 24.0% YoY
FY23 Total Expenses
$23.56M
▲ 24.3% YoY
Operating Margin
-17.5%
revenue minus expenses ÷ revenue
Employees
402
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$20.1M
▼ 1.4% / 5y
20.319.316.116.220.1
Expenses
$23.6M
▲ 11.4% / 5y
21.118.718.319.023.6
Total Assets
$59.4M
▲ 73.6% / 5y
34.235.850.358.359.4
Total Liabilities
$23.1M
▲ 125.9% / 5y
10.211.212.821.623.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$20.3M$19.3M$16.1M$16.2M$20.1M-1.4%
Expenses$21.1M$18.7M$18.3M$19.0M$23.6M+11.4%
Net surplus-$813K$582K-$2.2M-$2.8M-$3.5M+332.0%
Total assets$34.2M$35.8M$50.3M$58.3M$59.4M+73.6%
Total liabilities$10.2M$11.2M$12.8M$21.6M$23.1M+125.9%
Net assets$24.0M$24.6M$37.5M$36.7M$36.3M+51.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 16 unpaid officers/directors as reported (B BOONE, B CROWDER, B EDGE, +13 more)

All 16 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
L & L FITNESS LLC
CHARLOTTE, NC
FITNESS PRODUCTS$702,664
SWIM CLUB MANAGEMENT
HUNTERSVILLE, NC
SWIM MGT SERVICES$202,273

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$12,659,226
GOLF, TENNIS, OTHER SPORTS$3,095,539

MFounded in 1943, Myers Park Country Club Inc reported $20.05M of revenue for FY23, at an operating margin of -17.5%. Revenue moved up 24.0% 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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