Greater Magnolia Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 101,518 | 80,356 | 21,162 | 11.9 | — |
| 2011 | 80,847 | 91,824 | −10,977 | 8.3 | — |
| 2012 | 90,725 | 102,840 | −12,115 | 6.6 | — |
| 2013 | 57,227 | 80,100 | −22,873 | 6.1 | — |
| 2014 | 117,656 | 84,072 | 33,584 | 10.3 | — |
| 2015 | 91,030 | 145,874 | −54,844 | 1.4 | — |
| 2017 | 170,857 | 196,633 | −25,776 | -0.3 | 56% |
| 2018 | 294,445 | 240,233 | 54,212 | 2.5 | 47% |
| 2019 | 213,550 | 261,900 | −48,350 | 0.0 | 47% |
| 2020 | 171,195 | 147,316 | 23,879 | 2.0 | 45% |
| 2021 | 279,106 | 192,277 | 86,829 | 7.0 | 42% |
| 2022 | 276,173 | 265,273 | 10,900 | 5.5 | 51% |
| 2023 | 290,664 | 261,611 | 29,053 | 7.0 | 48% |
In its most recent public year (2023), this organization brought in $29,053 more than it spent. Its reserves stood at about 7 months of spending, down from 11.9 in 2010. Staff pay was 48% 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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