Mason City Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,594 | 97,624 | −47,030 | 12.3 | 0% |
| 2021 | 25,498 | 20,003 | 5,495 | 63.2 | 0% |
| 2022 | 50,923 | 36,989 | 13,934 | 38.7 | 0% |
| 2023 | 101,667 | 57,565 | 44,102 | 34.1 | 0% |
In its most recent public year (2023), this organization brought in $44,102 more than it spent. Its reserves stood at about 34.1 months of spending, up from 12.3 in 2020. Staff pay was 0% 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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