1 / 17

Financial Overview and Projection Report May 2012

Detailed financial report for May 2012 with key insights on deficits, surpluses, revenues, expenditures, and membership trends. Includes comparisons to budgeted figures and investment status.

chavez
Download Presentation

Financial Overview and Projection Report May 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Treasurer’s Report May 2012

  2. Overview • Preliminary year end deficit is $318K for unrestricted activities, on a consolidated basis • Preliminary year end surplus is $2.4M for the APA (the c6 entity) on a stand alone basis and a deficit of $2.7M for the APF. • APA & APF investments at December 31 totaled approximately $69M.

  3. Preliminary data - December 2011

  4. Actuals compared to Budget • Publishing revenues were below budget by $705K due to decreased book sales, including DSM IV – offset by a positive variance in advertising revenues • Meeting revenues were below budget $1.1M due to reduced income from registration and exhibits • Expenditures were less than budget by $2.3M, due to vacancy savings, printing and postage costs, as well as meeting costs • Pension Expense estimated at $1.1M more due to market conditions.

  5. Membership Dues Revenue

  6. Membership 1970 - 2012

  7. Number of Dues Paying Members

  8. International Members

  9. Advertising Revenue

  10. Net Revenue from DSM IV

  11. Net Revenue from Meetings Toronto San Diego Atlanta San Francisco DC New Orleans Hawaii

  12. Registration + Course Fees

  13. Pharma Revenue

  14. Budgeted FTE

  15. Status of Reserves

  16. Early Indicators - 2012 • Membership dues revenue running below budget; lowest in several years. However, there’s an increase in members on monthly payment plan. • Meeting registration significantly below expectations; expect overall revenue (registration, exhibits and course fees) to be below budget.

  17. DSM V Development Cumulative

More Related