Nantucket Island Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 702,525 | 625,610 | 76,915 | 2.8 | 35% |
| 2013 | 689,081 | 641,749 | 47,332 | 3.6 | 20% |
| 2014 | 743,894 | 692,667 | 51,227 | 4.3 | 36% |
| 2015 | 686,649 | 685,752 | 897 | 4.3 | 42% |
| 2016 | 692,427 | 709,494 | −17,067 | 3.9 | 35% |
| 2017 | 603,694 | 677,086 | −73,392 | 2.8 | 38% |
| 2018 | 655,733 | 694,075 | −38,342 | 2.0 | 34% |
| 2019 | 861,705 | 938,451 | −76,746 | 0.5 | 36% |
| 2020 | 974,817 | 874,805 | 100,012 | 1.9 | 36% |
| 2021 | 1,178,183 | 991,655 | 186,528 | 4.0 | 23% |
| 2022 | 1,319,175 | 1,269,651 | 49,524 | 3.6 | 24% |
| 2023 | 1,301,887 | 1,283,340 | 18,547 | 3.7 | 31% |
| 2024 | 1,148,998 | 1,213,512 | −64,514 | 3.3 | 38% |
In its most recent public year (2024), this organization spent $64,514 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 38% of spending. $44,562 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 2024. 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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