Santa Monica Chamber Of Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 547,133 | 712,808 | −165,675 | 2.2 | 56% |
| 2021 | 423,973 | 433,168 | −9,195 | 3.3 | 33% |
| 2022 | 535,623 | 475,900 | 59,723 | 4.5 | 58% |
| 2023 | 598,225 | 542,065 | 56,160 | 5.2 | 46% |
| 2024 | 704,021 | 618,467 | 85,554 | 6.2 | 40% |
In its most recent public year (2024), this organization brought in $85,554 more than it spent. Its reserves stood at about 6.2 months of spending, up from 2.2 in 2020. Staff pay was 40% 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 2024. 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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