Society's Budget for 2002

Categories Jan-Dec 99 Actual Jan-Dec 00 Actual   2001 Budget   2002 Budget
             
Income        
INC Conferences *        
Registrations 96,020 98,250   95,125  
Events 13,228 0   3,000  
Sponsors/ Exhititors 31,000 16,000   30,000  
Other 0   0  
Total INC Conferences 49,913 140,248   114,250   128,125
Investment Income 4,470 12,410   5,500   13,000
Membership Dues 18,452 21,680   19,500   23,000
Other Income 481 79   100   100
Prepaid Postage 8,109 9,074   8,000   15,000
Products 61,968 90,058   62,000   91,000
Publications Sales 10,149 6,896   6,000   6,000
Sponsor Dues and Donations 12,910 22,262   16,000   21,000
Total Income 166,452 302,707   231,350   297,225
Gross Profit 166,452 302,707   231,350   297,225
         
Expense        
Awards 2,066   2,000   6,000
Bank Adjustments (Expense) -55 435   100   100
Bibliography Update Expense 725 418   1,000   500
Contract with Univ at Albany 86,772        
Office Expenses through SUNYA 14,996 15,700   17,100  
IFR Indirect Costs 6,415 9,187   14,392  
Salaries & Fringe 79,245 91,867   143,915  
Other 4,640        
Ajustments from Previous Year -5,543   7,143  
Total Contract with Univ at Albany 86,772 105,295   111,211   182,550
Cost of Goods - Management Game 13,974 21,505   13,000   17,000
Reprinting Proceedings 1,650        
Credit card fees 3,763 6,754   4,000   7,000
Electronic Presence Support 5,056   $25,000   $1,000
EXP Conferences not in Albany Contract 30,361        
Program Chair Expenses 0 500   3,000  
Conference Chair/Local Expenses 1,949 31,768   34,960  
Other Expenses from Home Office 101,232 12,883   30,888  
Total EXP Conferences not in Albany contract 30,361 103,181   45,151   68,848
Journal Expense 12,000 12,000   12,000   12,000
Membership Directory Exp 7,046 4,738   4,700   4,000
Membership Services 1,462 1,892   2500   2000
Membership Subsidies 3,735 3,865   2000   3200
Miscellaneous Expense 665 -295   500   100
Office Equipment Purchases 0 3,659   3,000   2,000
Officer Expenses 1,683 5,566   6,000   5,000
Printing & Duplicating 6,819 4,230   6,000   2,000
Staff Expenses   $4,000   $3,000
Professional Fees 8,424 13,379   7,000   8,000
Shipping /Postage Expense 6,466 6,891   7,500   8,000
Subscriptions & Supplies 179 1,115   800   1,500
Total Expense $189,075 $298,344   $257,462   $333,798
Net Income -$22,624 $4,363   -$26,112   -$36,573
* Conference Income and Expenses were budgeted at the "optimistic" level per proposed Italy Budget