Stuart Martin County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 741,799 | 815,482 | −73,683 | 5.5 | 58% |
| 2021 | 874,482 | 762,191 | 112,291 | 7.6 | 54% |
| 2022 | 892,954 | 855,033 | 37,921 | 7.3 | 34% |
| 2023 | 1,090,891 | 1,008,674 | 82,217 | 7.0 | 37% |
In its most recent public year (2023), this organization brought in $82,217 more than it spent. Its reserves stood at about 7 months of spending, up from 5.5 in 2020. Staff pay was 37% 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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