990 Scout/ Minnesota Black Chamber of Commerce Incorporated/ Financials

Financial Information for Minnesota Black Chamber of Commerce Incorporated

Minnesota Black Chamber of Commerce Incorporated's annual revenue was $1.4M in tax year 2024, reported on their IRS Form 990. They spent $285K in total expenses. 15% went to programs and services.

Financial Breakdown

What is Minnesota Black Chamber of Commerce Incorporated's total annual expenses?

Minnesota Black Chamber of Commerce Incorporated spent $285K in tax year 2024, according to their IRS Form 990 filing.

How much of Minnesota Black Chamber of Commerce Incorporated's budget goes to programs?

Minnesota Black Chamber of Commerce Incorporated spent $42K (15% of expenses) on programs and services in tax year 2024.

How much does Minnesota Black Chamber of Commerce Incorporated spend on overhead?

Minnesota Black Chamber of Commerce Incorporated's overhead in tax year 2024 includes administrative (85%) and fundraising (0%) of their expenses.

What is Minnesota Black Chamber of Commerce Incorporated's net worth?

Minnesota Black Chamber of Commerce Incorporated had net assets of $1.8M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.