Maryland Lgbt Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 99,372 | 52,426 | 46,946 | 21.5 | — |
| 2020 | 90,739 | 69,209 | 21,530 | 20.0 | — |
| 2021 | 57,059 | 88,645 | −31,586 | 11.4 | — |
| 2022 | 155,016 | 101,614 | 53,402 | 16.2 | — |
| 2023 | 58,568 | 114,439 | −55,871 | 8.5 | — |
In its most recent public year (2023), this organization spent $55,871 more than it brought in. Its reserves stood at about 8.5 months of spending, down from 21.5 in 2019.
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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