At the 50th anniversary party for my Gymnastics club in Canada I gave a short speech / slideshow. I’d spent 23 seasons at the Gym, some of my happiest years.
At the end — wanting to see another 50 years of success — I recommended the Parents Board of Directors sell the program to an owner. In general, non-profit parent run clubs are less effectively managed than by owners.
On the other hand, non-profit clubs rarely go out of business. They have proven revenue. Existing customers. They should be able to cut costs and return to a break even budget.
Sadly, parent run Stampede City Gymnastics in Calgary, Canada just locked their doors. An attempt to sell the club fell through.
This was the Gym that produced 2004 Olympian Kylie Stone.
Watch a TV news report on the closing. They weren’t able to pay their bills.
Some of the parents are still trying to save the club.
Gymnastics Coaching.com 