MCMI501(c)(7) · MEDIUMNAICS 713910EIN 62-0289053

Mcminnville Country Club

Mcminnville, TN · founded 1945
13 filings on recordFY 20122024medium confidence
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FY24 Total Revenue
$670k
▲ 7.5% YoY
FY24 Total Expenses
$627k
▲ 11.1% YoY
Operating Margin
6.4%
revenue minus expenses ÷ revenue
Employees
38
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$670K
▲ 23.5% / 5y
543560560624670
Expenses
$627K
▲ 14.3% / 5y
549574574565627
Total Assets
$1.1M
▲ 56.4% / 5y
7288088088301.1
Total Liabilities
$469K
▲ 249.5% / 5y
134240240203469

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$543K$560K$560K$624K$670K+23.5%
Expenses$549K$574K$574K$565K$627K+14.3%
Net surplus-$6K-$14K-$14K$59K$43K-820.8%
Total assets$728K$808K$808K$830K$1.1M+56.4%
Total liabilities$134K$240K$240K$203K$469K+249.5%
Net assets$594K$568K$568K$627K$670K+12.8%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 10 unpaid officers/directors as reported (Alan West, Bill Rogers, Bobby Kirby, +7 more)

All 10 listed officers reported $0 compensation — volunteer board.

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
Membership & Capital Dues$551,649

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
$332K
$214K new borrowing
Net land, buildings & equipment
$890K
book value, net of depreciation
Facility age
65%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$83K$166K$249K$332KFY21 · $132KFY21FY22 · $132KFY22FY23 · $118KFY23FY24 · $332KFY24

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY24 · Form 990, Part IX
Management fees$0
Insurance$19,535
Occupancy$0
Depreciation & depletion$80,424
Information technology$0
Advertising & promotion$0
Office expenses$0
Legal fees$0
Accounting fees$0
Other professional fees$0

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

MFounded in 1945, Mcminnville Country Club reported $670k of revenue for FY24, at an operating margin of 6.4%. Revenue moved up 7.5% 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, FY2024 · period ending Wed Jan 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Tue Jan 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Jan 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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