| Actual | Budget | % of Budget | |||||||
| Ordinary Income/Expense | |||||||||
| Income | |||||||||
| INC Conferences | 142,580 | 114,250 | 125% | ||||||
| Investment Income | 10,331 | 5,500 | 188% | ||||||
| Membership Dues | 22,626 | 19,500 | 116% | ||||||
| Other Income | 368 | 100 | 368% | ||||||
| Shipping and Handling | 17,926 | 8,000 | 224% | ||||||
| Products | 115,245 | 62,000 | 186% | ||||||
| Publications Sales | 5,411 | 6,000 | 90% | ||||||
| Sponsor Dues and Donations | 29,660 | 16,000 | 185% | ||||||
| Total Income | 344,147 | 231,350 | 149% | ||||||
| Cost of Goods Sold | |||||||||
| PhD Seminar in System Dynamics | 7,909 | ||||||||
| Management Game | 20,424 | 13,000 | 157% | ||||||
| Bibliography Update Expense | 417 | 1,000 | 42% | ||||||
| Fireside Chat | 56 | ||||||||
| Proceedings 2000 | 1,056 | ||||||||
| Total COGS | 29,862 | 14,000 | 213% | ||||||
| Gross Profit | 314,285 | 217,350 | 145% | ||||||
| Expense | |||||||||
| Awards | 11,020 | 2,000 | 551% | ||||||
| Bank Adjustments (Expense) | 25 | 100 | 25% | ||||||
| Contract with Univ at Albany | 111,211 | 111,211 | 100% | ||||||
| Credit card fees | 7,709 | 4,000 | 193% | ||||||
| Electronic Presence Support | 0 | 25,000 | 0% | ||||||
| EXP Conferences | 43,256 | 45,151 | 96% | ||||||
| Journal Expense | 12,000 | 12,000 | 100% | ||||||
| Membership Directory Exp | 3,782 | 4,700 | 80% | ||||||
| Membership Services | 2,995 | 2,500 | 120% | ||||||
| Membership Subsidies | 6,120 | 2,000 | 306% | ||||||
| Miscellaneous Expense | 15 | 500 | 3% | ||||||
| Office Equipment Purchases | 3,477 | 3,000 | 116% | ||||||
| Officer Expenses | 5,511 | 10,000 | 55% | ||||||
| Phone, Fax, E-mail Services | 133 | ||||||||
| Printing & Duplicating | 2,392 | 6,000 | 40% | ||||||
| Professional Fees | 18,897 | 7,000 | 270% | ||||||
| Shipping /Postage Expense | 11,341 | 7,500 | 151% | ||||||
| Supplies | 1,072 | 800 | 134% | ||||||
| Total Expense | 240,956 | 243,462 | 99% | ||||||
| Net Ordinary Income | 73,329 | -26,112 | -281% | ||||||
| Net Income | 73,329 | -26,112 | -281% | ||||||