Olympic Club

Organization Overview

Olympic Club is located in San Francisco, CA. The organization was established in 1958. 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 09/2021, Olympic Club employed 523 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olympic Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 09/2021, Olympic Club generated $52.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $49.9m during the year ending 09/2021. While expenses have increased by 0.2% per year over the past 6 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.

Since 2015, Olympic Club has awarded 32 individual grants totaling $588,079. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS A SOCIAL AND ATHLETIC CLUB.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CLUB SERVED APPROXIMATELY 5,500 VOTING MEMBERS AND 4,800 ADDITIONAL MEMBERS AND THEIR GUESTS TO PROMOTE ATHLETICS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hot Dog Bills Inc
Concession Stand
$724,187
Rochelle Lacey
Nutritionist
$117,620
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,060,360
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$5,060,360
Total Program Service Revenue$41,606,919
Investment income $29,778
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,058,521
Net Gain/Loss on Asset Sales -$48,204
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,007,723
Miscellaneous Revenue$0
Total Revenue $52,824,082

Grants Awarded

Over the last fiscal year, Olympic Club has awarded $47,465 in support to 2 organizations.

Grant RecipientAmount

THE OLYMPIC CLUB FOUNDATION

Org PageRecipient Profile

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$41,450

Washington, DC

PURPOSE: GENERAL SUPPORT

$6,015
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Olympic Club has recieved totaling $100.

Awarding OrganizationAmount
Quentin And Mara Kopp Foundation

San Francisco, CA

PURPOSE: SUPPORT PROGRAMS

$100
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Olympic Club
San Francisco, CA
$52,824,082
Multnomah Athletic Club
Portland, OR
$39,135,600
Monterey Peninsula Country Club Corp
Pebble Beach, CA
$29,204,016
Hillcrest Country Club
Los Angeles, CA
$25,586,349
Big Canyon Country Club
Newport Beach, CA
$24,831,561
Jonathan Club
Los Angeles, CA
$30,259,062
Los Angeles Country Club
Los Angeles, CA
$18,517,076
Vintage Club
Indian Wells, CA
$28,937,387
Brentwood Country Club Los Angeles
Los Angeles, CA
$17,679,018
Waialae Country Club
Honolulu, HI
$20,651,940
Track Town Usa Inc
Eugene, OR
$29,424,138
Eldorado Country Club
Indian Wells, CA
$18,170,181

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