Racine Area Manufacturers And Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,943,739 | 1,858,789 | 84,950 | 3.9 | 67% |
| 2021 | 2,209,155 | 2,140,451 | 68,704 | 3.7 | 67% |
| 2022 | 2,117,988 | 2,060,781 | 57,207 | 4.2 | 63% |
| 2023 | 2,380,936 | 2,329,898 | 51,038 | 4.0 | 68% |
| 2024 | 2,657,510 | 2,568,812 | 88,698 | 4.0 | 69% |
In its most recent public year (2024), this organization brought in $88,698 more than it spent. Its reserves stood at about 4 months of spending. Staff pay was 69% of spending. $16,878 of its net assets are donor-restricted.
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 2024. 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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