Morrilton Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 201,324 | 181,222 | 20,102 | 12.0 | 70% |
| 2021 | 175,335 | 149,636 | 25,699 | 16.6 | 56% |
| 2022 | 179,020 | 192,125 | −13,105 | 12.1 | 64% |
| 2023 | 528,001 | 485,048 | 42,953 | 5.9 | 36% |
In its most recent public year (2023), this organization brought in $42,953 more than it spent. Its reserves stood at about 5.9 months of spending, down from 12 in 2020. Staff pay was 36% 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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