Form 990 for tax year 2023
Filed by BOSTON MADISON SQUARE GARDEN CLUB.
Totals
- Total revenue
- $1,184,587
- Total expenses
- $692,962
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $577,934
- Investment income
- $65,596
- Other revenue
- $541,057
- Total assets, end of year
- $5,076,459
- Total liabilities, end of year
- $864,379
- Net assets or fund balances, end of year
- $4,212,080
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP DUES
total $469,000 · related or exempt $469,000
-
2b · Program service revenue: PROGRAM FEES
total $108,934 · related or exempt $108,934
-
3 · Investment income
total $71,345 · unrelated business $71,345
-
7a · Gross sales of assets other than inventory
securities $592,714
-
7b · Less cost or other basis and sales expenses
securities $598,463
-
7c · Gain or loss
securities -$5,749
-
7d · Net gain or loss
total -$5,749 · unrelated business -$5,749
-
10a · Gross sales of inventory
$4,330,248
-
10b · Cost of goods sold
$3,789,191
-
10c · Net income from sales of inventory
total $541,057 · related or exempt $541,057
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $280,278
-
9 · Other employee benefits
total $28,639
-
10 · Payroll taxes
total $24,320
-
11c · Fees: accounting
total $83,840
-
11f · Fees: investment management
total $36,321
-
13 · Office expenses
total $21,667
-
14 · Information technology
total $42,418
-
16 · Occupancy
total $67,280
-
17 · Travel
total $21,228
-
20 · Interest
total $4,141
-
23 · Insurance
total $3,667
-
24a · Other expenses: BANK AND CREDIT CARD FEES
total $36,134
-
24b · Other expenses: BAD DEBT
total $19,498
-
24c · Other expenses: MEMBERSHIPS
total $16,062
-
24d · Other expenses: INCOME TAX
total $7,469
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $505,260 · end of year $239,271
-
2 · Savings and temporary cash investments
beginning of year $354,837 · end of year $298,487
-
4 · Accounts receivable
beginning of year $132,621 · end of year $292,810
-
9 · Prepaid expenses and deferred charges
beginning of year $208,966 · end of year $243,815
-
10a · Land, buildings and equipment: cost or other basis
$39,793
-
10b · Land, buildings and equipment: accumulated depreciation
$39,793
-
11 · Investments: publicly traded securities
beginning of year $3,230,493 · end of year $3,953,461
-
15 · Other assets
beginning of year $95,882 · end of year $48,615
-
17 · Accounts payable and accrued expenses
beginning of year $119,686 · end of year $65,435
-
19 · Deferred revenue
beginning of year $134,780 · end of year $5,731
-
23 · Secured mortgages and notes payable
beginning of year $350,000
-
25 · Other liabilities
beginning of year $607,411 · end of year $793,213
-
27 · Net assets without donor restrictions
beginning of year $3,316,182 · end of year $4,212,080
Mission and programs · 2023
Mission
TO PROMOTE, FOSTER, CULTIVATE, ENCOURAGE AND STIMULATE SPORTS GAMES AND ENTERTAINMENT OF EVERY, NATURE, KIND, & DESCRIPTION FOR THE ESTABLISHMENT OF SOCIAL MEETINGS.
-
PROVIDE TICKETS TO BRUINS, CELTICS, AND SPECIAL EVENTS AT THE GARDEN AND ELSEWHERE TO MEMBERS AND THEIR GUESTS.
-
HOLD ANNUAL MEETING FOR MEMBERS AND SPOUSES WITH GUEST SPEAKERS.
As filed on the 2023 return.
Listed in Part VII
-
Charles E BathelderCHARLES E BATHELDER
VP- ADMISSIO
- Total calculated
- $0
- Hours/week
- 1
-
Michael C CamusoMICHAEL C CAMUSO
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
-
Robert ClarkROBERT CLARK
VP- OPERATIO
- Total calculated
- $0
- Hours/week
- 1
-
Brook DaneBROOK DANE
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
-
Thomas DuselTHOMAS DUSEL
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
-
Christopher T FordCHRISTOPHER T FORD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Paul GeorgePAUL GEORGE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Peter F Carr IIPETER F CARR II
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
-
Charles M Pyle IIICHARLES M PYLE III
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
George W Noble JrGEORGE W NOBLE JR
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
-
William J Cleary JrWILLIAM J CLEARY JR
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
-
Aj MleczkoAJ MLECZKO
BOARD OF GOV
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500389349300335
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