Prescott Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 583,649 | 578,943 | 4,706 | 11.1 | 49% |
| 2020 | 555,577 | 507,056 | 48,521 | 9.2 | 55% |
| 2021 | 780,886 | 576,082 | 204,804 | 13.5 | 50% |
| 2022 | 655,880 | 546,317 | 109,563 | 16.7 | 52% |
| 2023 | 604,204 | 588,694 | 15,510 | 15.8 | 52% |
In its most recent public year (2023), this organization brought in $15,510 more than it spent. Its reserves stood at about 15.8 months of spending, up from 11.1 in 2019. Staff pay was 52% of spending. $294 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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