Billings Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,273,041 | 1,270,745 | 2,296 | 2.5 | 42% |
| 2012 | 1,423,047 | 1,303,249 | 119,798 | 3.5 | 43% |
| 2013 | 1,531,275 | 1,593,281 | −62,006 | 2.4 | 39% |
| 2014 | 1,606,904 | 1,607,693 | −789 | 2.4 | 41% |
| 2015 | 1,799,425 | 1,756,649 | 42,776 | 2.5 | 44% |
| 2016 | 1,924,750 | 1,891,931 | 32,819 | 2.5 | 44% |
| 2017 | 2,326,671 | 2,032,310 | 294,361 | 4.1 | 45% |
| 2018 | 2,535,515 | 2,728,678 | −193,163 | 2.2 | 34% |
| 2019 | 2,097,227 | 2,099,256 | −2,029 | 2.8 | 45% |
| 2020 | 2,051,600 | 1,863,554 | 188,046 | 4.4 | 51% |
| 2021 | 2,663,464 | 2,230,273 | 433,191 | 6.0 | 43% |
| 2022 | 2,461,660 | 2,454,920 | 6,740 | 5.5 | 44% |
| 2023 | 2,571,291 | 2,711,964 | −140,673 | 4.3 | 44% |
In its most recent public year (2023), this organization spent $140,673 more than it brought in. Its reserves stood at about 4.3 months of spending, up from 2.5 in 2011. Staff pay was 44% of spending. $15,077 of its net assets are donor-restricted.
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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