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INDIANA ACADEMY OF SCIENCE: 2017 Year End Financial Report.

INDIANA ACADEMY OF SCIENCE
2017 Year End Financial Report

                                      Balance
                                      1-Jan-17      Revenues

OPERATING FUND
    Membership Dues                                 32,795.00
    Interest                                            14.91
    Misc. Income                                       547.65
    Foundation Support                             175,386.23
    Officer's Expenses
    Operating Expenses
    Financial Expenses
    Newsletter Expenses
    Annual Meeting                                  72,385.00
    Academy Store                                      443.00
    Web Site Expenses
  Operating Funds Total               22,695.55    281,571.79

RESTRICTED FUNDS
    Proceedings                       26,439.41     22,675.24
    Publications                    (50,952.06)    180,867.04
    Research Grants *                  9,215.31     71,271.67
    Lilly Library                      6,756.47          0.00
    Welch Fund                         6,108.56          0.00
    Life Member's Fund                14,343.61          0.00
    Past President's Fund              8,599.17          0.00
    Special Projects                   6,640.55      6,900.00
  Total Restricted Funds              27,151.02    281,713.95

TOTAL FUNDS                           49,846.57    563,285.74

FUNDS ON DEPOSIT
    Checking Account                  61,916.48    640,383.15
    Money Market Savings Account       3,069.06    110,858.58
    Cert. of Deposit                  13,554.82         33.93
TOTAL FUNDS DEPOSITED                 78,540.36

                                                    Balance
                                     Expenses      31-Dec-17

OPERATING FUND
    Membership Dues
    Interest
    Misc. Income
    Foundation Support
    Officer's Expenses              151,447.14
    Operating Expenses               27,104.74
    Financial Expenses                3,250.97
    Newsletter Expenses                   0.00
    Annual Meeting                   73,152.01
    Academy Store                       181.40
    Web Site Expenses                17,467.64
  Operating Funds Total             272,603.90      31,663.44

RESTRICTED FUNDS
    Proceedings                      21,580.99      27,533.66
    Publications                    161,772.47    (31,857.49)
    Research Grants *                71,821.66       8,665.32
    Lilly Library                         0.00       6,756.47
    Welch Fund                            0.00       6,108.56
    Life Member's Fund                    0.00      14,343.61
    Past President's Fund                 0.00       8,599.17
    Special Projects                 10,400.00       3,140.55
  Total Restricted Funds            265,575.12      43,289.85

TOTAL FUNDS                         538,179.02      74,953.29

FUNDS ON DEPOSIT
    Checking Account                665,730.93      36,568.70
    Money Market Savings Account     59,089.00      54,838.64
    Cert. of Deposit                                13,588.75
TOTAL FUNDS DEPOSITED                              104,996.09

* Provided support for 20 senior member
grants and 6 high school grants

ACADEMY FOUNDATION FUNDS

TOTAL ACADEMY FOUNDATION
  FUNDS                       $8,715,040.31

Foundation Funding Used For
    Operating Fund               165,206.23
    Proceedings                   22,675.24
    Publications                  91,976.31
    Grants                        67,868.53
    Special Projects               7,400.00
Total                            355,126.31
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Publication:Proceedings of the Indiana Academy of Science
Article Type:Table
Geographic Code:9INDI
Date:Jul 1, 2017
Words:394
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