Form 990 Part VII data on 4,120 club staff at 1,062 clubs: the median general manager reported $236,299, and pay at $20M-plus clubs runs 3.5 times the under-$5M median.
Tag: 501(c)(7)
November runs three calendars at once: the 60 days after the dues letter, the Thanksgiving-to-December event season and the year-end membership close. A dated week-by-week plan, with six club examples.
1,447 member-owned clubs added $7.66 billion in assets between fiscal 2019 and 2024. Net assets, not liabilities, carried most of it. What the filings show, and what boards should take into 2027.
Florida’s ten highest-revenue member-owned clubs, ranked from their own Form 990 filings. Boca West leads at $95.1 million, and the top ten grew 60 percent from fiscal 2019 to 2024.
Form 990 filings from 1,382 clubs show expenses up 38.1% since 2019. Revenue kept pace, but costs outgrew revenue at nearly half of clubs last year.
Private clubs run on two ledgers: dues carry daily operations, while initiation fees and assessments fund buildings and courses. Here is how each revenue stream works, with sourced industry data and examples from Boca West, Jacksonville Golf & Country Club, Carolina Golf Club, and The Club at Forest Ridge.
Private clubs reported $1.45 billion in initiation fees and capital contributions on fiscal 2024 Form 990s. In a constant 864-club panel, fee income grew 64.8% in five years, outpacing revenue.
Private club membership rosters are secret, but board filings are not. We read the Form 990 of every club that files one — 2,272 clubs, 30,996 names — to find out who actually governs American private clubs.
Ranked from their own IRS Form 990 filings: the ten highest-revenue member-owned clubs in California, who leads by assets, what changed year over year, and who is missing from the list and why.
October is America’s #1 wedding month and December corporate dates fill by August. Why your club’s fall private-events calendar is decided in July.