Burbank Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 324,649 | 359,318 | −34,669 | 3.3 | 54% |
| 2021 | 313,884 | 382,673 | −68,789 | 0.9 | 57% |
| 2022 | 394,903 | 412,572 | −17,669 | 0.4 | 47% |
| 2023 | 515,959 | 454,648 | 61,311 | 1.9 | 54% |
In its most recent public year (2023), this organization brought in $61,311 more than it spent. Its reserves stood at about 1.9 months of spending, down from 3.3 in 2020. Staff pay was 54% 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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