MUSG501(c)(7) · MEDIUMNAICS 713910EIN 63-0263276

Musgrove Country Club Inc

Jasper, AL · founded 1934
14 filings on recordFY 20112024medium confidence
FY24 Total Revenue
$2.59M
▲ 8.2% YoY
FY24 Total Expenses
$2.56M
▲ 9.5% YoY
Operating Margin
1.0%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$2.6M
▲ 45.5% / 5y
1.82.22.52.42.6
Expenses
$2.6M
▲ 43.0% / 5y
1.81.82.02.32.6
Total Assets
$3.3M
▲ 52.1% / 5y
2.22.43.53.33.3
Total Liabilities
$1.7M
▲ 7.6% / 5y
1.61.42.01.71.7

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$1.8M$2.2M$2.5M$2.4M$2.6M+45.5%
Expenses$1.8M$1.8M$2.0M$2.3M$2.6M+43.0%
Net surplus-$12K$395K$538K$53K$27K-315.6%
Total assets$2.2M$2.4M$3.5M$3.3M$3.3M+52.1%
Total liabilities$1.6M$1.4M$2.0M$1.7M$1.7M+7.6%
Net assets$567K$963K$1.5M$1.6M$1.6M+178.5%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 13 unpaid officers/directors as reported (BETH THORNE STUKES, BILL COONS, CRAIG DENNIS, +10 more)

All 13 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
MEMBERS DUES$1,375,902
CART RENTAL$282,764
GREEN FEES$132,810
SALES-RANGE BALLS$44,940
TOURN FEES - MEMBER/GUEST$33,000

MFounded in 1934, Musgrove Country Club Inc reported $2.59M of revenue for FY24, at an operating margin of 1.0%. Revenue moved up 8.2% 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 Sat Aug 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Thu Aug 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Aug 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 11 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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