Magnolia Columbia County Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,842 | 69,900 | 27,942 | 24.9 | 53% |
| 2012 | 58,693 | 79,819 | −21,126 | 18.6 | — |
| 2013 | 54,311 | 71,962 | −17,651 | 17.7 | — |
| 2014 | 72,614 | 75,718 | −3,104 | 16.3 | 55% |
| 2016 | 62,086 | 61,387 | 699 | 21.7 | 51% |
| 2017 | 58,381 | 71,634 | −13,253 | 16.4 | 53% |
| 2018 | 530,064 | 90,765 | 439,299 | 71.0 | 46% |
| 2019 | 107,220 | 82,352 | 24,868 | 81.9 | 36% |
| 2020 | 112,935 | 104,564 | 8,371 | 65.4 | 36% |
| 2021 | 111,616 | 119,968 | −8,352 | 56.2 | 30% |
| 2022 | 116,599 | 149,595 | −32,996 | 42.4 | 26% |
| 2023 | 22,248 | 139,895 | −117,647 | 33.6 | 28% |
In its most recent public year (2023), this organization spent $117,647 more than it brought in. Its reserves stood at about 33.6 months of spending, up from 24.9 in 2011. Staff pay was 28% 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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