Annual Report FY 2016

INDEPENDENT AUDITOR’S FINANCIAL SUMMARY

FINANCIAL SUMMARY STATEMENT OF REVENUES & EXPENSES

(YEAR ENDED JUNE 30, 2015 IASA’S FINANCIAL PORTRAIT)

Revenues Membership Dues

$ 1,163,737.00

Sponsored Programs

358,851.00

Association Programs

945,726.00

Miscellaneous

122,150.00

Marketing

17,001.00

Interest on Investments

332,594.00

IASA Annual Conference

257,239.00

AASA Programs

11,074.00

Realized Gains on Investments

85,623.00

Unrealized Gains (Loss) on Investments

(297,178.00)

Total Revenues

$ 2,996,817.00

Expenses

Staff

$ 1,009,344.00

Office

1,173,396.00

Publications

29,847.00

Conferences

401,347.00

Committees

230,377.00

Operations

382,781.00

Total Expenses

$ 3,227,092.00

Expenses

Increase (Decrease ) in Unrestricted Net Assets Before Other Changes in Net Assets Other Changes in Net Assets Fixed asset additions

$ (230,275.00)

Staff

7%

12%

31%

Office

13%

6,375.00

Publications

Depreciation expense

(85,657.00)

Conferences

36%

Committees

Payments on loan

138,678.00

1%

Return of dues and legal support re- imbursement

Operations

(176,400.00)

Prior year benefits

0.00

Increase (Decrease) in Unrestricted Net Assets

(347,279.00)

Unrestricted Net Assets - Beginning of Year

8,937,669.00

$ 8,590,390.00

Unrestricted Net Assets - End of Year

25