Tarry House Inc
- Assets
- $4.7m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 55
- Location
- Austin, TX
- Founding
- 07/1969
- Data as of
- 12/2023
- EIN
- 74-1611742
Organization Overview
Tarry House Inc is located in Austin, TX. The organization was established in 1969. 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 12/2023, Tarry House Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tarry House Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Tarry House Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 7.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT AND BAR - 476 MEMBERS, THEIR FAMILIES AND GUESTS
TENNIS AND SWIMMING FACILITIES - 476 MEMBERS, THEIR FAMILIES AND GUESTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Morris III President To 4/23, Dir. From 4/23 | OfficerTrustee | 0.1 | $0 |
James R Schneider VP To 4/23, President From 4/23 | OfficerTrustee | 0.1 | $0 |
Tom Daniel Secretary To 4/23, VP From 4/23 | OfficerTrustee | 0.1 | $0 |
Jack S Gray Jr Treasurer | OfficerTrustee | 0.1 | $0 |
Jerry A Bell Jr Dir. To 4/23, Secretary From 4/23 | OfficerTrustee | 0.1 | $0 |
John A Cardwell Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,808,045 |
| Investment income | $1,833 |
| 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 | $1,255,910 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,065,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $286,236 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,351,795 |
| Pension plan accruals and contributions | $48,161 |
| Other employee benefits | $152,284 |
| Payroll taxes | $122,538 |
| Fees for services: Management | $12,750 |
| Fees for services: Legal | $22,314 |
| Fees for services: Accounting | $6,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $237,909 |
| Advertising and promotion | $0 |
| Office expenses | $26,092 |
| Information technology | $20,848 |
| Royalties | $0 |
| Occupancy | $335,088 |
| Travel | $1,763 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,408 |
| Insurance | $106,725 |
| All other expenses | $49,543 |
| Total functional expenses | $3,048,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,142 |
| Savings and temporary cash investments | $176,458 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $417,281 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,814 |
| Prepaid expenses and deferred charges | $36,677 |
| Net Land, buildings, and equipment | $3,825,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $173,167 |
| Total assets | $4,749,843 |
| Accounts payable and accrued expenses | $102,115 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $56,000 |
| Total liabilities | $158,115 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $7,554,404 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$2,962,676 |
| Total liabilities and net assets/fund balances | $4,749,843 |