Somerville Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 182,575 | 148,948 | 33,627 | 3.8 | 53% |
| 2011 | 167,311 | 184,530 | −17,219 | 1.9 | — |
| 2012 | 166,231 | 167,381 | −1,150 | 2.1 | — |
| 2013 | 190,563 | 178,208 | 12,355 | 2.8 | — |
| 2014 | 175,375 | 176,862 | −1,487 | 2.7 | — |
| 2015 | 182,692 | 189,106 | −6,414 | 2.1 | — |
| 2016 | 180,924 | 183,430 | −2,506 | 2.0 | — |
| 2017 | 206,159 | 188,705 | 17,454 | 4.4 | 64% |
| 2018 | 230,345 | 199,822 | 30,523 | 6.0 | 64% |
| 2019 | 237,200 | 241,967 | −4,767 | 4.8 | 56% |
| 2020 | 158,707 | 196,151 | −37,444 | 3.6 | 50% |
| 2021 | 186,962 | 219,298 | −32,336 | 3.0 | 51% |
| 2022 | 178,795 | 198,225 | −19,430 | 2.2 | 58% |
| 2023 | 226,002 | 213,323 | 12,679 | 2.7 | 54% |
In its most recent public year (2023), this organization brought in $12,679 more than it spent. Its reserves stood at about 2.7 months of spending, down from 3.8 in 2010. Staff pay was 54% 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
Somerville 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