Milan Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,907 | 29,151 | −2,244 | 5.9 | — |
| 2012 | 18,722 | 27,351 | −8,629 | 2.5 | — |
| 2013 | 35,487 | 32,147 | 3,340 | 3.4 | — |
| 2014 | 33,409 | 36,282 | −2,873 | 2.1 | — |
| 2015 | 27,232 | 26,953 | 279 | 2.9 | — |
| 2016 | 23,309 | 28,653 | −5,344 | 0.5 | — |
| 2017 | 27,762 | 25,173 | 2,589 | 1.8 | — |
| 2018 | 27,952 | 28,804 | −852 | 1.2 | — |
| 2019 | 32,714 | 30,182 | 2,532 | 2.2 | — |
| 2020 | 21,570 | 21,764 | −194 | 2.9 | — |
| 2021 | 36,900 | 32,158 | 4,742 | 3.7 | — |
| 2022 | 35,307 | 37,859 | −2,552 | 3.0 | — |
| 2023 | 32,032 | 21,967 | 10,065 | 10.8 | — |
In its most recent public year (2023), this organization brought in $10,065 more than it spent. Its reserves stood at about 10.8 months of spending, up from 5.9 in 2011.
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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