2001 Budget Comparison

     
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%