Miami Dade Gay Lesbian Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 253,836 | 281,452 | −27,616 | 0.5 | 71% |
| 2021 | 287,666 | 302,179 | −14,513 | -0.1 | 57% |
| 2022 | 311,444 | 214,612 | 96,832 | -0.1 | 48% |
| 2023 | 343,782 | 362,031 | −18,249 | -1.2 | 43% |
In its most recent public year (2023), this organization spent $18,249 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 0.5 in 2020. Staff pay was 43% 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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