African American Mayors Assocation
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$5,577,395
Contributions
83%
Membership Dues
9%
Program Services
6%
Government Grants
2%
Investments
<1%
Fundraising Events
0%
Other
0%
Expenses in 2024
$3,705,339
Fees to Service Providers
32%
Other
26%
Salaries & Benefits
23%
Grants
16%
Advertising & Promotion
1%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,491,576
$4,636,702
+3%
Government Grants
$0
$100,000
-
Fundraising Events
$0
$0
-
Program Services
$312,810
$311,700
0%
Membership Dues
$238,500
$515,000
+116%
Investments
$0
$13,993
-
Other
$0
$0
-
Total Revenues
$5,042,886
$5,577,395
+11%
Expenses
2023
2024
Change
Grants
$768,500
$602,000
-22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$739,484
$855,950
+16%
Fees to Service Providers
$951,294
$1,197,007
+26%
Advertising & Promotion
$70,746
$47,226
-33%
Offices, Occupancy & IT
$44,029
$46,050
+5%
Interest
$0
$0
-
Depreciation
$7,127
$6,818
-4%
Other
$737,387
$950,288
+29%
Total Expenses
$3,318,567
$3,705,339
+12%
Net income
2023
2024
Change
Net income
+$1,724,319
+$1,872,056
+9%
Functional Expenses
Summary
2023
2024
Change
Program
$3,105,378
$3,405,541
+10%
Admin
$159,349
$207,442
+30%
Fundraising
$53,840
$92,356
+72%
Total Expenses
$3,318,567
$3,705,339
+12%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)