Chamber Of Commerce Of Independence Missouri
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 564,511 | 710,954 | −146,443 | 10.8 | 50% |
| 2021 | 867,221 | 742,661 | 124,560 | 12.4 | 63% |
| 2022 | 702,912 | 821,833 | −118,921 | 9.5 | 56% |
| 2023 | 981,757 | 1,004,524 | −22,767 | 7.5 | 40% |
In its most recent public year (2023), this organization spent $22,767 more than it brought in. Its reserves stood at about 7.5 months of spending, down from 10.8 in 2020. Staff pay was 40% 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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