Michigan State Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,893,889 | 7,653,595 | 240,294 | 7.2 | 26% |
| 2012 | 6,665,722 | 6,655,998 | 9,724 | 8.3 | 32% |
| 2013 | 15,726,499 | 15,640,338 | 86,161 | 3.6 | 14% |
| 2014 | 6,229,932 | 5,629,239 | 600,693 | 11.1 | 42% |
| 2015 | 7,098,535 | 7,407,872 | −309,337 | 7.9 | 32% |
| 2016 | 4,896,597 | 4,524,734 | 371,863 | 13.9 | 54% |
| 2017 | 7,393,441 | 7,255,857 | 137,584 | 8.9 | 35% |
| 2018 | 5,151,591 | 5,030,781 | 120,810 | 13.2 | 51% |
| 2019 | 6,745,059 | 7,377,439 | −632,380 | 7.9 | 32% |
| 2020 | 4,672,628 | 4,454,628 | 218,000 | 13.7 | 50% |
| 2021 | 6,472,024 | 6,089,753 | 382,271 | 10.8 | 36% |
| 2022 | 4,561,982 | 4,210,972 | 351,010 | 15.8 | 47% |
| 2023 | 7,599,809 | 7,693,312 | −93,503 | 8.8 | 31% |
In its most recent public year (2023), this organization spent $93,503 more than it brought in. Its reserves stood at about 8.8 months of spending, up from 7.2 in 2011. Staff pay was 31% 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
Michigan State 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