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EIN 59-1411717

Banyan Golf Club of Palm Beach

IRS 501(c) type
501(c)(7)
Num. employees
102
City
West Palm Beach
State
Florida
Year formed
1972
Most recent tax filings
2023-10-01
NTEE code, primary
N60: Amateur Sports Clubs, Leagues
Description
Banyan Golf Club of Palm Beach is a social club whose exempt purpose is to promote social interaction of club members by providing dining and recreational activities.
Total revenues
$8,211,374
2023
Total expenses
$8,895,795
2023
Total assets
$18,920,120
2023
Num. employees
102
2023

Program areas at Banyan Golf Club of Palm Beach

Restaurant/bar total revenues during the year was $813,897 of which $74,922 was non-member related.
Golf related income from non-members was $121,541 for the year ended 10/31/23.
Golf course- rounds played during the year were 24,000 of which 1,142 were non-member related.

Financials for Banyan Golf Club of Palm Beach

RevenuesFYE 10/2023
Total grants, contributions, etc.$0
Program services$7,299,380
Investment income and dividends$196,826
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,000
Net gain from sale of non-inventory assets$318,237
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$394,276
Miscellaneous revenues$1,655
Total revenues$8,211,374

Organizations like Banyan Golf Club of Palm Beach

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Fox Chapel Golf ClubPittsburgh, PA$11,595,158
The Savannah Golf ClubSavannah, GA$6,313,114
Portland Golf ClubPortland, OR$11,925,391
AnnandaleMadison, MS$3,867,758
Lake Mohawk Golf ClubSparta, NJ$2,597,784
Minnesota Valley Country Club (MVCC)Bloomington, MN$5,425,917
The Heights CasinoBrooklyn, NY$6,630,812
The Golf Club of TennesseeKingston Springs, TN$10,136,942
The Spokane ClubSpokane, WA$4,960,768
Old Chatham Golf ClubDurham, NC$7,334,625
Data update history
November 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 14, 2024
Updated personnel
Identified 2 new personnel
August 25, 2024
Posted financials
Added Form 990 for fiscal year 2021
October 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 27, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Recreational clubsAmateur sports clubs
Issues
Human servicesSports
Characteristics
MembershipsState / local level
General information
Address
1393 Lyons Rd
West Palm Beach, FL 33411
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
banyangolfclub.com 
Phone
(561) 793-2800
IRS details
EIN
59-1411717
Fiscal year end
October
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
N60: Amateur Sports Clubs, Leagues
NAICS code, primary
713910: Golf Courses and Country Clubs
Parent/child status
Independent
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