SHOU501(c)(7) · MEDIUMNAICS 713910EIN 73-0475850

Southern Hills Country Club

Tulsa, OK · founded 1937
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$19.84M
▼ 13.0% YoY
FY23 Total Expenses
$18.14M
▼ 6.3% YoY
Operating Margin
8.6%
revenue minus expenses ÷ revenue
Employees
492
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$19.8M
▲ 38.0% / 5y
14.413.717.322.819.8
Expenses
$18.1M
▲ 32.2% / 5y
13.714.115.119.418.1
Total Assets
$64.0M
▲ 1.5% / 5y
63.060.059.858.864.0
Total Liabilities
$37.9M
▲ 44.6% / 5y
26.223.921.417.137.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$14.4M$13.7M$17.3M$22.8M$19.8M+38.0%
Expenses$13.7M$14.1M$15.1M$19.4M$18.1M+32.2%
Net surplus$656K-$394K$2.2M$3.4M$1.7M+160.6%
Total assets$63.0M$60.0M$59.8M$58.8M$64.0M+1.5%
Total liabilities$26.2M$23.9M$21.4M$17.1M$37.9M+44.6%
Net assets$36.8M$36.2M$38.3M$41.6M$26.1M-29.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
NICHOLAS S SIDORAKIS
General Manager· 40h/wk
$615,294$49,179
ASHLEY WATLING
Head Tennis Professional· 40h/wk
$309,872$24,617
JAY JOHNSON
Assistant General Manager· 40h/wk
$263,809$15,984
CARY J COZBY
Director of Golf· 40h/wk
$244,008$44,014
RYAN B RODY
DIRECTOR OF GOLF INSTRUCTION· 40h/wk
$197,320$22,679
ALEXANDER D PIERCE
Executive Chef· 40h/wk
$194,511$16,196
SCOTT BOOREN
Chief Financial Officer· 40h/wk
$159,821$20,816

+ 13 unpaid officers/directors as reported (BRETT PRATT, CASEY LAMB, CHRIS BUMGARNER, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
COZBY GOLF LLC
TULSA, OK
HEAD GOLF PROFESSIONAL$1,736,067
WATLING TENNIS LLC
TULSA, OK
HEAD RACQUETS PROFESSIONAL$264,962
HELEN WASHECHECK PC
TULSA, OK
PHYSICAL THERAPY$151,447
LYLA'S FLORAL EXPRESSIONS
BROKEN ARROW, OK
FLORAL SERVICES$121,395

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSMENTS$18,290,593
GREEN FEES$1,043,728
OTHER GOLF FEES$198,314
FITNESS CENTER$196,899
TENNIS FEES$192,433

SFounded in 1937, Southern Hills Country Club reported $19.84M of revenue for FY23, at an operating margin of 8.6%. Revenue moved down 13.0% 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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