Del Rey Yacht Club

Organization Overview

Del Rey Yacht Club is located in Marina Del Rey, CA. The organization was established in 1959. 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 12/2021, Del Rey Yacht Club employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Del Rey Yacht Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Del Rey Yacht Club generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 2.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PUBLIC EDUCATION OF SAILING ACTIVITIES; PROMOTE BOATING AND SAFETY PROGRAMS; SUPPORT 2 COAST GUARD AUXILIARY SQUADRONS AND PROVIDE CLASSROOMS. JUNIOR SAILING PROGRAM PROVIDING SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES FACILITIES WHICH ARE OPEN TO THE PUBLIC FOR EDUCATIONAL CLASSES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,378,368
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$140,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,518,368
Total Program Service Revenue$2,317,033
Investment income $36,963
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 $0
Miscellaneous Revenue$0
Total Revenue $3,872,364

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Del Rey Yacht Club has recieved totaling $50.

Awarding OrganizationAmount
Steven Lawrence Kaplan Foundation

Beverly Hills, CA

PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION

$50
View Grant Recipient Profile

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