Page 4 - 2017 Annual Report

FISCAL YEAR BUDGET

APSA OPERATING BUDGET FISCAL YEAR 2016–2017

TOTAL REVENUE
$7,593,176

CONFERENCES AND MEETINGS 26%

MEMBERSHIP 25%

JOURNALS AND
PUBLICATIONS 20%

ADMINISTRATIVE 10%
DEPARTMENT SERVICES AND
INSTITUTIONAL PROGRAMS 7%

CONGRESSIONAL
FELLOWSHIP PROGRAM 7%

PROGRAMS 5%

TOTAL DISBURSEMENTS
$7,526,140

PROGRAMS 24%
CONFERENCE AND MEETINGS 19%

JOURNALS AND
PUBLICATIONS 18%
ADMINISTRATIVE 18%

MEMBERSHIP 9%

CONGRESSIONAL
FELLOWSHIP PROGRAM 7%
DEPARTMENT SERVICES AND
INSTITUTIONAL PROGRAMS 5%

FISCAL NOTES

Investment Gain
The Association has year-to-date unrealized gain of $3,614,191 and realized gain of $368,993 on investments resulting
from the turnaround in the stock market over last twelve months.

Investment Dividends/Interest
The Association has year-to-date investment income of $757,956 which results a favorable variance comparison to prior
year’s income by 28%.

4 AMERICAN POLITICAL SCIENCE ASSOCIATION 2017 ANNUAL REPORT