Headliners Club In Austin
- Assets
- $4.8m
- Revenue
- $3.6m
- Investments
- $1.3m
- Employees
- 89
- Location
- Austin, TX
- Founding
- 09/1956
- Data as of
- 07/2023
- EIN
- 74-6015672
Organization Overview
Headliners Club In Austin is located in Austin, TX. The organization was established in 1956. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 07/2023, Headliners Club In Austin employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Headliners Club In Austin is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2023, Headliners Club In Austin generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $3.0m during the year ending 07/2023. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HEADLINERS CLUB OPERATES DINING FACILITIES FOR PLEASURE AND RECREATION OF ITS MEMBERS AND GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEADLINERS CLUB IN AUSTIN OPERATES DINING FACILITIES FOR THE PLEASURE AND RECREATION OF ITS MEMBERS AND THEIR GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Greig Chairman | OfficerTrustee | 8 | $0 |
Randa Safady Past President | OfficerTrustee | 8 | $0 |
Chuck Nash President | OfficerTrustee | 8 | $0 |
Mindy Ellmer President Elect | OfficerTrustee | 8 | $0 |
Derek Lewis Secretary | OfficerTrustee | 8 | $0 |
Kyle Parks Treasurer | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Segovia Produce Ltd Food Supplies | 7/30/19 | $146,647 |
Ben E Keith Food Supplies | 7/30/19 | $138,939 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,818,400 |
| Investment income | $38,012 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $710,814 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,573,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $390,603 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $658,390 |
| Pension plan accruals and contributions | $34,845 |
| Other employee benefits | $416,131 |
| Payroll taxes | $84,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $140,481 |
| Information technology | $46,435 |
| Royalties | $0 |
| Occupancy | $888,998 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,349 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,508 |
| Insurance | $0 |
| All other expenses | $3,553 |
| Total functional expenses | $2,960,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,283 |
| Savings and temporary cash investments | $1,215,185 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $419,495 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $89,831 |
| Prepaid expenses and deferred charges | $450,050 |
| Net Land, buildings, and equipment | $818,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,321,777 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,291 |
| Total assets | $4,778,331 |
| Accounts payable and accrued expenses | $817,820 |
| Grants payable | $0 |
| Deferred revenue | $219,182 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,037,002 |
| Net assets without donor restrictions | $3,741,329 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,778,331 |