BRUN501(c)(7) · MEDIUMNAICS 713910EIN 58-0175020
Brunswick Country Club
Brunswick, GA · founded 1973
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$3.47M
▼ 0.7% YoY
FY23 Total Expenses
$2.80M
▲ 1.2% YoY
Operating Margin
19.3%
revenue minus expenses ÷ revenue
Employees
64
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$3.5M
▲ 45.4% / 5y
Expenses
$2.8M
▲ 22.1% / 5y
Total Assets
$5.6M
▲ 17.0% / 5y
Total Liabilities
$4.7M
▼ 16.5% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.4M | $2.5M | $2.5M | $3.5M | $3.5M | +45.4% |
| Expenses | $2.3M | $2.5M | $2.5M | $2.8M | $2.8M | +22.1% |
| Net surplus | $94K | $12K | $12K | $729K | $670K | +616.3% |
| Total assets | $4.8M | $5.0M | $5.0M | $5.4M | $5.6M | +17.0% |
| Total liabilities | $5.6M | $5.4M | $5.4M | $5.1M | $4.7M | -16.5% |
| Net assets | -$775K | -$431K | -$431K | $298K | $968K | -224.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 10 unpaid officers/directors as reported (Al McKinnon, Bart Barton, Brad Butler, +7 more)
All 10 listed officers reported $0 compensation — volunteer board.
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| DUES AND ASSESSMENTS | $2,138,775 |
| GOLF ACTIVITIES | $718,317 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$3.2M
▼ $338K paid down
Net land, buildings & equipment
$3.6M
book value, net of depreciation
Facility age
59%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $78,349 |
| Occupancy | $269,739 |
| Depreciation & depletion | $299,509 |
| Information technology | $25,524 |
| Advertising & promotion | $8,477 |
| Office expenses | $36,442 |
| Legal fees | $0 |
| Accounting fees | $4,130 |
| Other professional fees | $0 |
BFounded in 1973, Brunswick Country Club reported $3.47M of revenue for FY23, at an operating margin of 19.3%. Revenue moved down 0.7% 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
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