Montevideo Area Chamber Of Commmerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 59,044 | 46,751 | 12,293 | 23.3 | — |
| 2021 | 30,511 | 35,677 | −5,166 | 28.8 | — |
| 2022 | 58,203 | 57,932 | 271 | 17.8 | — |
| 2023 | 48,887 | 63,402 | −14,515 | 13.5 | — |
In its most recent public year (2023), this organization spent $14,515 more than it brought in. Its reserves stood at about 13.5 months of spending, down from 23.3 in 2020.
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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