MASSACHUSETTS GOLF ASSOCIATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$9,187,318
Program Services
72%
Other
13%
Contributions
11%
Investments
3%
Fundraising Events
1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$7,982,196
Salaries & Benefits
43%
Other
30%
Fees to Service Providers
12%
Offices, Occupancy & IT
9%
Depreciation
4%
Advertising & Promotion
<1%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$666,157
$971,723
+46%
Government Grants
$0
$0
-
Fundraising Events
$159,764
$97,685
-39%
Program Services
$6,076,491
$6,633,874
+9%
Membership Dues
$0
$0
-
Investments
$262,188
$301,629
+15%
Other
$199,437
$1,182,407
+493%
Total Revenues
$7,364,037
$9,187,318
+25%
Expenses
2023
2024
Change
Grants
$80,436
$54,492
-32%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,032,174
$3,448,451
+14%
Fees to Service Providers
$782,155
$947,376
+21%
Advertising & Promotion
$78,466
$63,292
-19%
Offices, Occupancy & IT
$681,057
$754,140
+11%
Interest
$2,703
$3,046
+13%
Depreciation
$282,939
$291,664
+3%
Other
$2,164,687
$2,419,735
+12%
Total Expenses
$7,104,617
$7,982,196
+12%
Net income
2023
2024
Change
Net income
+$259,420
+$1,205,122
+365%
Functional Expenses
Summary
2023
2024
Change
Program
$6,428,267
$7,196,944
+12%
Admin
$599,417
$676,491
+13%
Fundraising
$76,933
$108,761
+41%
Total Expenses
$7,104,617
$7,982,196
+12%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)