Financial Summary

Consolidated statements of financial position and changes in net assets
for the years ending 31 December 2012 and 2011.
Consolidated Statements of Financial Position for the years ended December 31, 2012 and 2011
($ in thousands)
  • ASSETS
  • 2012
  • 2011
  •  
  • Cash
  • 5,810
  • 4,362
  • Accounts receivable, net
  • 3,731
  • 3,865
  • Grants and contributions receivable
  • 6,849
  • 6,984
  • Prepaid expenses and other
  • 1,761
  • 2,017
  • Investments
  • 86,068
  • 82,146
  • Property, plant and equipment
  • 58,829
  • 58,377
  • Total assets
  • 163,048
  • 157,751
  • Liabilities and Net Assets
  • Liabilities:
  • Accounts payable and accrued expenses
  • 11,628
  • 13,165
  • Deferred dues, subscriptions revenue and other
  • 23,638
  • 24,316
  • Bonds payable
  • 12,607
  • 14,399
  • Total liabilities
  • 47,873
  • 51,880
  • Net assets:
  • Unrestricted
  • 94,328
  • 87,244
  • Temporarily restricted
  • 12,010
  • 9,824
  • Permanently restricted
  • 8,837
  • 8,803
  • Total net assets
  • 115,175
  • 105,871
  • Total liabilities and net assets
  • 163,048
  • 157,751

Consolidated Statements of Changes in Net Assets for the years ended December 31, 2012 and 2011
($ in thousands)

  • REVENUES
  • 2012
  • 2011
  •  
  • Member dues
  • 10,865
  • 11,224
  • Publishing
  • 47,562
  • 47,366
  • Grants and other program support
  • 29,262
  • 27,400
  • Leasing, investments and other
  • 9,054
  • 8,614
  •  
  • 96,743
  • 94,604
  • Expenses
  • Publishing
  • 42,660
  • 43,684
  • Education, policy and other programs
  • 36,941
  • 34,957
  • General and administrative expenses
  • 15,542
  • 15,030
  •  
  • 95,143
  • 93,671
  • Operating income, before tax
  • 1,600
  • 933
  • Provision for income tax
  • 197
  • 100
  • Nonoperating revenue and expense
  • 5,682
  • (5,091)
  • Change in unrestricted net assets
  • 7,085
  • (4,258)
  • Change in restricted net assets
  • 2,219
  • (3,612)
  • Change in net assets
  • 9,304
  • (7,870)
  • Net assets, beginning of year
  • 105,871
  • 113,741
  • Net assets, end of year
  • 115,175
  • 105,871