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We could find no further copies of the 1894 London journal
The Sketch which in that year was running a series 'The literary cranks of London.' However the 1899 publication
The Book of Omar and Rubaiyat has an essay on the Omar Khayyam Club entitled 'The literary cranks of London' by 'A Member' which is almost certainly reprinted from the series. The book shows a menu card for the society designed by the PRB artist Simeon Solomon. The other club in the series was 'The Johnson Club' - there were possibly more.
Mention is made here of 'The Ghouls' which may pay further investigation... Of the many societies that flourished then the Omar Khayyam is one of the few to have survived and still meets. There is also an American chapter.
THE OMAR KHAYYAM CLUB
By A MEMBER
The literary cranks of London are as the sand of
the sea-shore for number, and yet they have
rather diminished than increased during the last few
years. The Wordsworth Society no longer collects
archbishops and bishops and learned professors in the
Jerusalem Chamber to solve the mystery of existence
under the guidance of the great poet of Rydal, and one
is rather dubious as to whether the Goethe Society has
much to say for itself to-day, although in its time it
has crammed the Westminster Town Hall with enthu-
siastic lovers of German literature. The Shelley Society
one only hears of from time to time by its ghastly bur-
den of debt, a state which perhaps reflects the right
kind of glory upon its great hero, whose aptitude for
making paper boats out of Bank of England notes, if
apocryphal, is, at any rate, a fair exemplification of his
capacity for getting rid of money. And as to the
Browning Society, with its blue-spectacled ladies, deep
in the mysteries of Sordello, if the cash balance,
which is said at Girton to have been expended in
sweetmeats, had any existence, at the London centre,
one knows not what confectioner at the West End
has reaped the benefit.