Greater Newport Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 707,683 | 690,586 | 17,097 | 3.9 | 36% |
| 2012 | 640,077 | 687,120 | −47,043 | 3.1 | 41% |
| 2013 | 657,468 | 656,858 | 610 | 3.2 | 41% |
| 2014 | 653,929 | 692,058 | −38,129 | 2.4 | 47% |
| 2015 | 675,647 | 743,976 | −68,329 | 1.1 | 46% |
| 2016 | 673,030 | 639,495 | 33,535 | 1.9 | 44% |
| 2017 | 624,369 | 598,796 | 25,573 | 2.6 | 47% |
| 2018 | 931,109 | 736,817 | 194,292 | 5.3 | 40% |
| 2019 | 590,077 | 595,997 | −5,920 | 6.4 | 57% |
| 2020 | 747,070 | 621,914 | 125,156 | 8.5 | 35% |
| 2021 | 720,886 | 654,853 | 66,033 | 9.3 | 63% |
| 2022 | 606,346 | 637,205 | −30,859 | 8.9 | 65% |
| 2023 | 613,400 | 658,539 | −45,139 | 7.7 | 62% |
In its most recent public year (2023), this organization spent $45,139 more than it brought in. Its reserves stood at about 7.7 months of spending, up from 3.9 in 2011. Staff pay was 62% 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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