Bayfield Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 585,312 | 546,252 | 39,060 | 7.4 | 40% |
| 2012 | 535,833 | 554,916 | −19,083 | 6.9 | 40% |
| 2013 | 513,100 | 483,679 | 29,421 | 8.6 | 40% |
| 2014 | 560,671 | 514,557 | 46,114 | 9.2 | 44% |
| 2015 | 556,770 | 509,161 | 47,609 | 10.4 | 38% |
| 2016 | 573,492 | 567,485 | 6,007 | 7.3 | 33% |
| 2017 | 566,393 | 534,189 | 32,204 | 8.5 | 37% |
| 2018 | 542,626 | 537,077 | 5,549 | 8.6 | 39% |
| 2019 | 536,257 | 580,278 | −44,021 | 7.0 | 30% |
| 2020 | 530,464 | 358,635 | 171,829 | 17.1 | 37% |
| 2021 | 572,673 | 500,746 | 71,927 | 14.0 | 29% |
| 2022 | 694,712 | 714,932 | −20,220 | 9.5 | 22% |
| 2023 | 778,380 | 817,101 | −38,721 | 7.1 | 25% |
In its most recent public year (2023), this organization spent $38,721 more than it brought in. Its reserves stood at about 7.1 months of spending. Staff pay was 25% 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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