Memphis Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,757,833 | 5,845,785 | −87,952 | 0.8 | 1% |
| 2012 | 3,428,012 | 3,549,810 | −121,798 | 0.9 | 1% |
| 2013 | 237,497 | 252,328 | −14,831 | 11.8 | 0% |
| 2014 | 562,922 | 562,750 | 172 | 5.3 | 0% |
| 2015 | 271,023 | 280,809 | −9,786 | 15.8 | 0% |
| 2016 | 605,011 | 813,194 | −208,183 | 12.9 | 0% |
| 2017 | 2,302,225 | 2,031,656 | 270,569 | 4.8 | 0% |
| 2018 | 742,031 | 854,774 | −112,743 | 3.2 | 0% |
| 2019 | 218,468 | 219,169 | −701 | 10.4 | 0% |
| 2020 | 1,629,596 | 1,671,472 | −41,876 | 1.0 | 0% |
| 2021 | 105,515 | 176,882 | −71,367 | 16.0 | 0% |
| 2022 | 266,946 | 311,534 | −44,588 | 64.0 | 0% |
| 2023 | 314,663 | 20,988 | 293,675 | 1388.9 | 0% |
In its most recent public year (2023), this organization brought in $293,675 more than it spent. Its reserves stood at about 1388.9 months of spending, up from 0.8 in 2011. Staff pay was 0% of spending. $2,118,380 of its net assets are donor-restricted.
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
Memphis Chamber Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works