International Tap Association Financial Report -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- END OF FISCAL YEAR 1994 (10/1/93-9/30/94) Income Statement for the ITA ----- ITA REVENUES Newsletter Advertising Sales 1098.75 Foundations 250.00 Individuals 142.00 Memberships-New 5280.00 Memberships-Renewals 12413.74 Misc. Income 812.70 TOTAL ITA REVENUES 19997.19 ----- ITA EXPENSES Administration Expenses Personnel 9515.00 Payroll Taxes 557.71 Membership Drive 1560.84 Office Equipment/Supplies 656.99 Licenses & Fees 148.66 Printing/Photocopying 136.23 Postage 417.76 Telephone 1280.77 Travel 0.00 Misc. Admin Expense 129.08 TOTAL ADMINISTRATION 14403.04 Newsletter Expenses Camera Work/Typesetting 249.80 Computer Services 60.00 Proofreading 141.00 Graphic Design 788.00 Mailing Services 98.50 Postage/Shipping 3082.93 Printing 1226.59 Media Services 55.00 Telephone 133.06 Misc. 106.00 TOTAL NEWSLETTER EXPENSES 5940.88 Information Referral/Archives Printing 5.52 Postage 9.95 Telephone 52.54 TOTAL REFERRAL/ARCHIVE 68.01 ----- TOTAL ITA EXPENSES 20411.93 CURRENT YEAR PROFIT/(LOSS) 414.74 ----------------------------------------- Balance Statement for the ITA ITA ASSETS Current Assets Cash in Bank 2276.65 Accounts Receivable 216.75 Deposits 58.37 TOTAL CURRENT ASSETS 2551.77 Fixed Assets Computer Equip/Furniture & Fixtures 2553.00 Accumulated Depreciation (106.33) TOTAL FIXED ASSETS 2446.67 TOTAL ASSETS 4998.44 ----- LIABILITIES AND FUND BALANCE Accounts Payable 4982.60 TOTAL LIABILITIES 4982.60 FUND BALANCE Fund Balance-Prior Years 430.58 CURRENT YEAR PROFIT/(LOSS) 415.00 TOTAL FUND BALANCE 15.58 TOTAL LIABILITIES AND FUND BALANCE 4998.18 ============================================