Manhasset Bay Yacht Club
Port Washington, NY · Yacht club · founded 1891
Slowing sharply
Initiation revenue fell sharply. Admissions appear to have slowed or paused.
Not yet reported
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Worth a question
Expenses exceeded revenue in the latest filing, which often means a capital project is underway. Ask whether an assessment is planned.
What the public filings show
From this club's IRS Form 990 returns. Initiation-fee revenue is the closest public proxy there is for how many members a club admitted in a year.
| Fiscal year | Total revenue | Initiation fees | Expenses | Net assets |
|---|---|---|---|---|
| 2023 | $5.9M | $103k | $6.7M | $4.1M |
| 2022 | $6.0M | $527k | $6.1M | $4.8M |
| 2021 | $6.2M | $319k | $5.6M | $5.0M |
Initiation-fee revenue moved -80% year over year.
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