Greater Minneapolis Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,151,776 | 2,085,359 | 66,417 | 1.9 | 34% |
| 2012 | 1,961,157 | 1,958,359 | 2,798 | 2.1 | 41% |
| 2013 | 2,161,577 | 2,188,519 | −26,942 | 1.7 | 40% |
| 2014 | 2,220,540 | 2,202,666 | 17,874 | 1.9 | 39% |
| 2015 | 2,333,987 | 2,298,964 | 35,023 | 2.0 | 40% |
| 2016 | 2,230,278 | 2,315,228 | −84,950 | 1.5 | 39% |
| 2017 | 2,168,340 | 2,096,904 | 71,436 | 2.1 | 41% |
| 2018 | 2,291,094 | 2,251,219 | 39,875 | 2.1 | 42% |
| 2019 | 2,703,787 | 2,653,954 | 49,833 | 2.0 | 50% |
| 2020 | 2,834,165 | 2,757,898 | 76,267 | 2.3 | 56% |
| 2021 | 4,628,639 | 4,511,677 | 116,962 | 1.7 | 45% |
| 2022 | 3,657,190 | 3,641,783 | 15,407 | 2.2 | 60% |
| 2023 | 4,039,339 | 4,336,327 | −296,988 | 1.1 | 52% |
In its most recent public year (2023), this organization spent $296,988 more than it brought in. Its reserves stood at about 1.1 months of spending. Staff pay was 52% 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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