Lanesboro Area Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 164,592 | 177,350 | −12,758 | 5.0 | 34% |
| 2014 | 137,173 | 145,821 | −8,648 | 5.4 | 37% |
| 2015 | 142,949 | 143,040 | −91 | 5.5 | 44% |
| 2016 | 159,603 | 145,488 | 14,115 | 6.6 | 42% |
| 2017 | 145,502 | 124,021 | 21,481 | 10.2 | 42% |
| 2018 | 131,389 | 123,813 | 7,576 | 10.9 | 34% |
| 2019 | 148,993 | 137,604 | 11,389 | 10.8 | 39% |
| 2020 | 126,520 | 133,155 | −6,635 | 10.5 | 40% |
| 2021 | 176,439 | 171,531 | 4,908 | 8.5 | 32% |
| 2022 | 171,959 | 226,022 | −54,063 | 3.6 | 35% |
| 2023 | 182,113 | 186,121 | −4,008 | 4.1 | 42% |
In its most recent public year (2023), this organization spent $4,008 more than it brought in. Its reserves stood at about 4.1 months of spending. Staff pay was 42% of spending. $7,260 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
Lanesboro Area Chamber Of Commerce'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