GREATER BOSTON CHAMBER OF COMMERCEPub 78
Pub 78
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$9,549,359
Membership Dues
44%
Program Services
23%
Contributions
18%
Other
8%
Government Grants
6%
Investments
<1%
Fundraising Events
0%
Expenses in 2024
$8,560,120
Salaries & Benefits
55%
Other
36%
Grants
4%
Depreciation
3%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,292,377
$1,676,895
+30%
Government Grants
$0
$611,134
-
Fundraising Events
$0
$0
-
Program Services
$2,216,232
$2,174,744
-2%
Membership Dues
$4,131,734
$4,211,783
+2%
Investments
$145,176
$94,506
-35%
Other
$118,797
$780,297
+557%
Total Revenues
$7,904,316
$9,549,359
+21%
Expenses
2023
2024
Change
Grants
$949,972
$324,500
-66%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,200,109
$4,711,019
-9%
Fees to Service Providers
$92,999
$107,840
+16%
Advertising & Promotion
$74,026
$79,822
+8%
Offices, Occupancy & IT
$22,636
$14,464
-36%
Interest
$0
$0
-
Depreciation
$304,971
$247,733
-19%
Other
$2,754,018
$3,074,742
+12%
Total Expenses
$9,398,731
$8,560,120
-9%
Net income
2023
2024
Change
Net income
-$1,494,415
+$989,239
-166%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$9,398,731
$8,560,120
-9%
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