AMERICAN MEDICAL ASSOCIATIONPub 78
Pub 78
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$546,239,123
Other
73%
Program Services
16%
Membership Dues
6%
Investments
4%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Expenses in 2024
$426,572,778
Salaries & Benefits
61%
Other
14%
Offices, Occupancy & IT
10%
Fees to Service Providers
8%
Advertising & Promotion
3%
Depreciation
2%
Grants
2%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$675,950
$1,630,454
+141%
Government Grants
$2,381,638
$2,477,912
+4%
Fundraising Events
$0
$0
-
Program Services
$83,777,422
$87,147,125
+4%
Membership Dues
$33,946,952
$33,154,972
-2%
Investments
$18,025,654
$22,848,048
+27%
Other
$329,600,799
$398,980,612
+21%
Total Revenues
$468,408,415
$546,239,123
+17%
Expenses
2023
2024
Change
Grants
$9,834,039
$8,605,592
-12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$235,900,415
$258,513,542
+10%
Fees to Service Providers
$33,821,800
$33,603,913
-1%
Advertising & Promotion
$11,328,816
$14,906,538
+32%
Offices, Occupancy & IT
$42,243,583
$43,226,132
+2%
Interest
$27,625
$0
-100%
Depreciation
$10,417,491
$8,872,860
-15%
Other
$59,684,499
$58,844,201
-1%
Total Expenses
$403,258,268
$426,572,778
+6%
Net income
2023
2024
Change
Net income
+$65,150,147
+$119,666,345
+84%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$403,258,268
$426,572,778
+6%
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