MEMP501(c)(7) · MEDIUMNAICS 713910EIN 62-0291410

Memphis Country Club

Memphis, TN · founded 1934
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$12.83M
▼ 13.6% YoY
FY23 Total Expenses
$12.18M
▲ 21.0% YoY
Operating Margin
5.1%
revenue minus expenses ÷ revenue
Employees
205
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$12.8M
▲ 32.0% / 5y
9.79.69.614.812.8
Expenses
$12.2M
▲ 22.9% / 5y
9.99.29.110.112.2
Total Assets
$45.0M
▲ 167.9% / 5y
16.817.920.135.245.0
Total Liabilities
$23.2M
▲ 258.5% / 5y
6.57.28.317.823.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$9.7M$9.6M$9.6M$14.8M$12.8M+32.0%
Expenses$9.9M$9.2M$9.1M$10.1M$12.2M+22.9%
Net surplus-$188K$341K$439K$4.8M$651K-445.6%
Total assets$16.8M$17.9M$20.1M$35.2M$45.0M+167.9%
Total liabilities$6.5M$7.2M$8.3M$17.8M$23.2M+258.5%
Net assets$10.3M$10.7M$11.8M$17.4M$21.7M+111.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MICHAEL E BABB
General Manager· 40h/wk
$273,612$30,100
ANDREW CAIN
Head Golf Professional· 40h/wk
$187,172$1,790
ANDREW W NICHOLS
Executive Chef· 40h/wk
$173,347$4,719
JAMES R VAN FRANK JR
CONTROLLER/CFO· 40h/wk
$167,329$8,394
JASON BRADLEY
Golf Course Superintendent· 40h/wk
$165,796$13,812
LARS JOHAN SVENSSON
Head Tennis Professional· 40h/wk
$127,506$17,427
ROBERT T KENNA
CLUBHOUSE MANAGER· 40h/wk
$103,175$6,661

+ 11 unpaid officers/directors as reported (BENJAMIN W BARKSDALE, DAVID L BOURLAND, GILBERT A ROBINSON IV, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MERCHANDISE SALES$659,367
TENNIS FEES$656,823
GOLF FEES$649,169
LOCKER RENTALS$141,095
ROOM RENTALS$122,256

MFounded in 1934, Memphis Country Club reported $12.83M of revenue for FY23, at an operating margin of 5.1%. Revenue moved down 13.6% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click