Greater Sioux Falls Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,873,219 | 3,875,769 | 3,997,450 | 15.0 | 31% |
| 2012 | 3,985,086 | 4,851,777 | −866,691 | 11.7 | 28% |
| 2013 | 4,435,548 | 5,008,600 | −573,052 | 11.7 | 24% |
| 2014 | 4,865,721 | 5,225,682 | −359,961 | 12.4 | 25% |
| 2015 | 5,275,719 | 6,255,586 | −979,867 | 9.9 | 21% |
| 2016 | 6,030,313 | 5,770,198 | 260,115 | 11.4 | 34% |
| 2017 | 6,153,837 | 5,920,765 | 233,072 | 11.9 | 34% |
| 2018 | 6,111,799 | 5,845,170 | 266,629 | 12.5 | 38% |
| 2019 | 6,474,043 | 5,958,308 | 515,735 | 13.3 | 23% |
| 2020 | 5,394,481 | 5,281,934 | 112,547 | 15.4 | 46% |
| 2021 | 7,933,347 | 6,515,253 | 1,418,094 | 15.9 | 33% |
| 2022 | 7,533,163 | 6,003,031 | 1,530,132 | 11.6 | 45% |
| 2023 | 3,983,306 | 3,784,052 | 199,254 | 21.2 | 38% |
In its most recent public year (2023), this organization brought in $199,254 more than it spent. Its reserves stood at about 21.2 months of spending, up from 15 in 2011. Staff pay was 38% of spending. $3,030,775 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 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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