Greater Madison Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,275,186 | 1,535,266 | −260,080 | 18.2 | 59% |
| 2021 | 1,539,848 | 1,672,561 | −132,713 | 17.8 | 57% |
| 2022 | 1,777,340 | 1,731,233 | 46,107 | 16.0 | 52% |
| 2023 | 2,082,205 | 1,937,297 | 144,908 | 15.3 | 53% |
In its most recent public year (2023), this organization brought in $144,908 more than it spent. Its reserves stood at about 15.3 months of spending, down from 18.2 in 2020. Staff pay was 53% 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
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