Mahomet Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 51,770 | 48,662 | 3,108 | 3.2 | — |
| 2016 | 54,940 | 52,255 | 2,685 | 3.6 | — |
| 2017 | 67,345 | 61,768 | 5,577 | 4.1 | — |
| 2018 | 108,704 | 104,879 | 3,825 | 2.8 | — |
| 2019 | 119,503 | 116,955 | 2,548 | 2.8 | — |
| 2020 | 123,640 | 125,364 | −1,724 | 2.4 | — |
| 2021 | 136,584 | 162,449 | −25,865 | -0.1 | — |
| 2022 | 281,285 | 272,729 | 8,556 | 1.2 | 31% |
| 2023 | 200,641 | 238,972 | −38,331 | -0.6 | 34% |
In its most recent public year (2023), this organization spent $38,331 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 3.2 in 2015. Staff pay was 34% 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
Mahomet Area Chamber Of Commerce'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