IHDL501(c)(7) · MEDIUMNAICS 713910EIN 61-0411681

Idle Hour Country Club Inc

Lexington, KY · founded 1948
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.94M
▲ 9.6% YoY
FY23 Total Expenses
$8.84M
▲ 4.6% YoY
Operating Margin
-11.3%
revenue minus expenses ÷ revenue
Employees
263
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.9M
▲ 34.1% / 5y
5.96.66.67.27.9
Expenses
$8.8M
▲ 29.2% / 5y
6.86.96.98.48.8
Total Assets
$16.6M
▲ 17.7% / 5y
14.113.813.814.816.6
Total Liabilities
$7.5M
▲ 26.0% / 5y
5.95.45.46.57.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.9M$6.6M$6.6M$7.2M$7.9M+34.1%
Expenses$6.8M$6.9M$6.9M$8.4M$8.8M+29.2%
Net surplus-$923K-$353K-$353K-$1.2M-$899K-2.6%
Total assets$14.1M$13.8M$13.8M$14.8M$16.6M+17.7%
Total liabilities$5.9M$5.4M$5.4M$6.5M$7.5M+26.0%
Net assets$8.2M$8.4M$8.4M$8.3M$9.1M+11.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MATTHEW WHARTON
GOLF COURSE SUPERINTENDANT· 40h/wk
$165,385$15,402
PETER GARVEY
Head Golf Professional· 40h/wk
$127,896$4,611
JULIE B FRITSCHE
MANAGER· 40h/wk
$108,470$1,995

+ 12 unpaid officers/directors as reported (ANNE STILZ, BRIAN MCCARTY, CHRIS YOUNG, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
PETER GARVEY
LEXINGTON, KY
GOLF LESSONS, GOLD SHOP MERCHANDISE, PER$525,476

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$5,157,943
GREEN FEES$570,890
CLUB ACTIVITY FEES$276,259
TENNIS & WELLNESS FEES$33,748
POOL$20,590

IFounded in 1948, Idle Hour Country Club Inc reported $7.94M of revenue for FY23, at an operating margin of -11.3%. Revenue moved up 9.6% 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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