Minnesota Chamber Of Commerce And Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,500,327 | 4,522,741 | −22,414 | 4.9 | 47% |
| 2012 | 5,434,464 | 5,248,526 | 185,938 | 5.7 | 51% |
| 2013 | 5,543,474 | 6,076,177 | −532,703 | 4.4 | 47% |
| 2014 | 6,484,575 | 6,659,347 | −174,772 | 4.3 | 46% |
| 2015 | 6,482,272 | 6,321,753 | 160,519 | 5.7 | 46% |
| 2016 | 6,595,438 | 6,263,171 | 332,267 | 6.8 | 51% |
| 2017 | 6,516,460 | 6,363,323 | 153,137 | 6.3 | 53% |
| 2018 | 6,184,280 | 6,336,580 | −152,300 | 4.1 | 52% |
| 2019 | 6,436,544 | 5,414,074 | 1,022,470 | 6.8 | 59% |
| 2020 | 6,333,173 | 5,925,406 | 407,767 | 6.8 | 53% |
| 2021 | 6,035,761 | 4,653,412 | 1,382,349 | 12.2 | 69% |
| 2022 | 6,794,853 | 6,851,685 | −56,832 | 7.0 | 49% |
| 2023 | 6,857,191 | 6,552,464 | 304,727 | 8.1 | 53% |
In its most recent public year (2023), this organization brought in $304,727 more than it spent. Its reserves stood at about 8.1 months of spending, up from 4.9 in 2011. Staff pay was 53% of spending. $286,419 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 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
Minnesota Chamber Of Commerce And Industry's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works