IBMA Statement of Financial Condition, 2010

Year Ending 12/31/10

ASSETS                                               $ 299,452.24

LIABILITIES                                         $   25,409.67

EQUITY                                                $ 274,042.57

 

REVENUE

Dues                                                     $ 169,400.00

Business Conference `10                           327,386.00

Fan Fest `10                                             171,841.50

Awards Show `10                                      134,112.58

Special Projects                                         12,526.16

Other Income                                              59,205.34

TOTAL REVENUE                                  $ 874,471.58

 

EXPENSES

Business Conference ‘10                        $ 291,200.89

Fan Fest `10                                            135,151.49

Trust Fund Donation                                   18,345.01

Awards Show `10                                     149,581.58

Special Projects                                         58,903.58

Publications & Member Services                  45,955.56

Administration                                          191,236.70

TOTAL EXPENSES                               $ 890,374.81

 

EXCESS REVENUE OVER EXPENSES   $ <15,903.23>

 

IBMA’s IRS Form 990 (Return of Organization Exempt From Income Tax) will be available for review after May 30 at IBMA’s Nashville office.

 

BLUEGRASS TRUST FUND

Begin Balance (1/1/10)                           $  250,874.69

Receipts*                                                   48,676.89

Disbursements                                           75,330.00

Ending Balance (12/31/10)                      $  224,221.58

 

* (2010 Fan Fest contribution to Trust Fund not included)