AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$53,567,386
Program Services
50%
Other
42%
Investments
6%
Contributions
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$51,165,552
Salaries & Benefits
52%
Other
19%
Depreciation
9%
Offices, Occupancy & IT
9%
Fees to Service Providers
9%
Grants
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$638,912
$822,330
+29%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$28,909,235
$26,977,507
-7%
Membership Dues
$0
$0
-
Investments
$2,683,888
$3,406,396
+27%
Other
$14,267,486
$22,361,153
+57%
Total Revenues
$46,499,521
$53,567,386
+15%
Expenses
2023
2024
Change
Grants
$564,000
$533,363
-5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$25,220,829
$26,408,721
+5%
Fees to Service Providers
$4,713,953
$4,447,496
-6%
Advertising & Promotion
$397,577
$455,242
+15%
Offices, Occupancy & IT
$5,558,637
$4,790,201
-14%
Interest
$0
$0
-
Depreciation
$3,562,691
$4,847,795
+36%
Other
$9,698,341
$9,682,734
0%
Total Expenses
$49,716,028
$51,165,552
+3%
Net income
2023
2024
Change
Net income
-$3,216,507
+$2,401,834
-175%
Functional Expenses
Summary
2023
2024
Change
Program
$29,635,096
$35,303,877
+19%
Admin
$19,942,333
$15,718,918
-21%
Fundraising
$138,599
$142,757
+3%
Total Expenses
$49,716,028
$51,165,552
+3%
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