LAW SCHOOL ADMISSION COUNCIL C/O SUSAN KRINSKY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$110,902,892
Program Services
90%
Other
7%
Investments
3%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$115,224,963
Salaries & Benefits
49%
Other
29%
Offices, Occupancy & IT
10%
Fees to Service Providers
6%
Depreciation
5%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,628
$0
-100%
Government Grants
$0
$30,000
-
Fundraising Events
$0
$0
-
Program Services
$86,444,255
$100,329,326
+16%
Membership Dues
$0
$0
-
Investments
$2,133,500
$2,822,068
+32%
Other
$8,998,300
$7,721,498
-14%
Total Revenues
$97,577,683
$110,902,892
+14%
Expenses
2023
2024
Change
Grants
$1,858,857
$1,067,137
-43%
Benefits to Members
$0
$0
-
Salaries & Benefits
$54,545,071
$56,144,682
+3%
Fees to Service Providers
$11,475,534
$6,563,172
-43%
Advertising & Promotion
$196,252
$155,569
-21%
Offices, Occupancy & IT
$10,773,163
$11,445,359
+6%
Interest
$1,194
$0
-100%
Depreciation
$5,855,749
$6,165,088
+5%
Other
$29,351,590
$33,683,956
+15%
Total Expenses
$114,057,410
$115,224,963
+1%
Net income
2023
2024
Change
Net income
-$16,479,727
-$4,322,071
+74%
Functional Expenses
Summary
2023
2024
Change
Program
$112,686,190
$78,189,529
-31%
Admin
$1,371,220
$37,035,434
+2601%
Fundraising
$0
$0
-
Total Expenses
$114,057,410
$115,224,963
+1%
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