Kennebunk Kennebunkport Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 365,063 | 343,285 | 21,778 | 2.3 | 23% |
| 2021 | 463,186 | 341,956 | 121,230 | 6.6 | 53% |
| 2022 | 313,293 | 337,253 | −23,960 | 5.8 | 47% |
| 2023 | 384,265 | 430,738 | −46,473 | 3.2 | 47% |
In its most recent public year (2023), this organization spent $46,473 more than it brought in. Its reserves stood at about 3.2 months of spending. Staff pay was 47% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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