24
INDEPENDENT AUDITOR’S
FINANCIAL SUMMARY STATEMENT OF REVENUES & EXPENSES
YEAR ENDED JUNE 30, 2013
IASA’S FINANCIAL PORTRAIT
REVENUES
Membership Dues
$1,107,151.00
Sponsored Programs
$ 453,116.00
Association Programs
$ 579,651.00
Miscellaneous
$ 103,867.00
Marketing
$ 23,975.00
Interest on Investments
$ 346,578.00
IASA Annual Conference
$ 252,163.00
AASA Programs
$ 5,470.00
Realized Gain on Investments
$ 4,985.00
Unrealized Gain (Loss) on Investments $ (42,570.00)
Total Revenues
$2,834,386.00
EXPENSES
Staff
$ 943,848.00
Office
$1,108,705.00
Publications
$ 52,156.00
Conferences
$ 314,894.00
Committees
$ 263,202.00
Operations
$ 276,684.00
Total Expenses
$2,959,489.00
Increase (Decrease) in Unrestricted Net Assets
Before Other Changes in Net Assets
$ (125,103.00)
Other Changes in Net Assets
Fixed asset additions
$ 20,522.00
Depreciation expenses
$ (113,075.00)
Payments on loan
$ 191,950.00
Increase (Decrease) in Unrestricted Net Assets
$ (25,706.00)
Unrestricted Net Assets-Beginning of Year
$8,702,280.00
Unrestricted Net Assets-End of Year
$8,676,574.00
