| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $21.9M | $18.5M | $18.5M | $25.0M | $37.9M | +73.2% |
| Expenses | $25.4M | $23.5M | $23.5M | $31.1M | $39.9M | +56.8% |
| Net surplus | -$3.6M | -$5.0M | -$5.0M | -$6.2M | -$2.0M | -44.2% |
| Total assets | $61.2M | $94.9M | $94.9M | $94.4M | $103.7M | +69.4% |
| Total liabilities | $17.5M | $43.8M | $43.8M | $39.3M | $40.1M | +128.5% |
| Net assets | $43.6M | $51.1M | $51.1M | $55.1M | $63.6M | +45.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
M Beam C.O.O-GM - exempt employee· 60h/wk | $616,325 | $27,311 |
C Wilson Dir. Golf Course & Grounds· 50h/wk | $483,033 | $19,118 |
J Welsh CFO - exempt employee· 60h/wk | $339,944 | $9,104 |
T Gardner Dir of Golf- exempt empl· 50h/wk | $285,470 | $27,311 |
S Armstrong Exec Chef - exempt employee· 50h/wk | $276,636 | $27,311 |
+ 9 unpaid officers/directors as reported (B McCarthy, G Sykes, J Davis, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| DUES & SERVICES TO MEM | $21,318,706 |
| GOLF OPERATIONS | $1,702,548 |
| OTHER | $51,378 |
LFounded in 1941, Los Angeles Country Club reported $37.88M of revenue for FY23, at an operating margin of -5.2%. Revenue moved up 51.8% 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.