Chamber Of Commerce Miami Beach
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 977,087 | 923,361 | 53,726 | 7.0 | 58% |
| 2012 | 1,290,926 | 1,084,470 | 206,456 | 8.3 | 59% |
| 2013 | 1,506,395 | 1,369,951 | 136,444 | 6.1 | 43% |
| 2014 | 1,586,957 | 1,614,069 | −27,112 | 4.9 | 20% |
| 2015 | 1,517,073 | 1,498,747 | 18,326 | 5.5 | 44% |
| 2016 | 1,446,523 | 1,442,535 | 3,988 | 5.7 | 46% |
| 2017 | 1,383,778 | 1,358,800 | 24,978 | 6.3 | 49% |
| 2018 | 1,333,551 | 1,377,964 | −44,413 | 5.8 | 48% |
| 2019 | 1,372,036 | 1,357,294 | 14,742 | 6.0 | 49% |
| 2020 | 960,820 | 987,227 | −26,407 | 8.0 | 56% |
| 2021 | 940,423 | 1,060,038 | −119,615 | 6.1 | 65% |
| 2022 | 1,292,268 | 1,148,508 | 143,760 | 7.1 | 50% |
| 2023 | 1,152,935 | 1,233,024 | −80,089 | 6.0 | 46% |
In its most recent public year (2023), this organization spent $80,089 more than it brought in. Its reserves stood at about 6 months of spending. Staff pay was 46% 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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