Greater Madison Chamber Of Commerce Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 220,232 | 83,363 | 136,869 | 37.6 | 19% |
| 2021 | 261,414 | 104,157 | 157,257 | 49.1 | 25% |
| 2022 | 153,990 | 294,443 | −140,453 | 11.4 | 13% |
| 2023 | 66,424 | 117,880 | −51,456 | 23.8 | 0% |
In its most recent public year (2023), this organization spent $51,456 more than it brought in. Its reserves stood at about 23.8 months of spending, down from 37.6 in 2020. Staff pay was 0% 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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