Greater Newburyport Chamber Of Commerce And Industry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 433,614 | 348,434 | 85,180 | 0.8 | 38% |
| 2021 | 507,300 | 478,743 | 28,557 | 1.3 | 41% |
| 2022 | 550,080 | 526,103 | 23,977 | -0.8 | 41% |
| 2023 | 608,229 | 602,863 | 5,366 | -0.6 | 39% |
In its most recent public year (2023), this organization brought in $5,366 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 0.8 in 2020. Staff pay was 39% 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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