German American Chamber Of Commerce Of The Midwest Minnesota Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 45,639 | 25,021 | 20,618 | 28.1 | — |
| 2016 | 33,814 | 45,461 | −11,647 | 12.4 | — |
| 2017 | 33,281 | 54,568 | −21,287 | 5.6 | — |
| 2018 | 43,616 | 43,230 | 386 | 7.2 | — |
| 2019 | 39,210 | 41,026 | −1,816 | 7.1 | — |
| 2020 | 29,420 | 37,298 | −7,878 | 5.2 | — |
| 2021 | 25,745 | 33,561 | −7,816 | 3.0 | — |
In its most recent public year (2021), this organization spent $7,816 more than it brought in. Its reserves stood at about 3 months of spending, down from 28.1 in 2015.
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 2021. 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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