Owatonna Area Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 97,790 | 281,175 | −183,385 | 9.4 | 0% |
| 2011 | 90,344 | 115,341 | −24,997 | 20.3 | 0% |
| 2012 | 118,787 | 78,139 | 40,648 | 36.3 | 0% |
| 2013 | 92,624 | 261,218 | −168,594 | 3.1 | 0% |
| 2014 | 57,385 | 57,651 | −266 | 14.0 | 0% |
| 2015 | 56,605 | 62,798 | −6,193 | 11.7 | 0% |
| 2016 | 50,369 | 42,387 | 7,982 | 19.6 | 0% |
| 2017 | 86,348 | 51,539 | 34,809 | 24.2 | 0% |
| 2018 | 368,718 | 104,953 | 263,765 | 42.0 | 0% |
| 2019 | 296,220 | 329,243 | −33,023 | 12.2 | 0% |
| 2020 | 299,536 | 185,587 | 113,949 | 29.0 | 0% |
| 2021 | 449,503 | 704,686 | −255,183 | 3.3 | 0% |
| 2022 | 317,973 | 108,726 | 209,247 | 44.4 | 0% |
| 2023 | 374,223 | 157,590 | 216,633 | 47.2 | 0% |
In its most recent public year (2023), this organization brought in $216,633 more than it spent. Its reserves stood at about 47.2 months of spending, up from 9.4 in 2010. Staff pay was 0% of spending. $566,933 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
Owatonna Area 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