AMERICAN ACADEMY OF DERMATOLOGY INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$53,579,298
Program Services
56%
Other
17%
Contributions
16%
Fundraising Events
6%
Investments
4%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$54,092,775
Salaries & Benefits
49%
Other
21%
Offices, Occupancy & IT
11%
Fees to Service Providers
11%
Depreciation
3%
Grants
3%
Advertising & Promotion
2%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$7,359,504
$8,691,229
+18%
Government Grants
$0
$0
-
Fundraising Events
$2,667,522
$3,305,363
+24%
Program Services
$25,674,352
$30,128,307
+17%
Membership Dues
$0
$0
-
Investments
$1,760,413
$2,160,971
+23%
Other
$9,192,986
$9,293,428
+1%
Total Revenues
$46,654,777
$53,579,298
+15%
Expenses
2023
2024
Change
Grants
$2,079,690
$1,442,410
-31%
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,688,705
$26,734,325
+8%
Fees to Service Providers
$4,593,452
$5,780,252
+26%
Advertising & Promotion
$844,040
$959,919
+14%
Offices, Occupancy & IT
$4,855,390
$5,996,233
+23%
Interest
$104,101
$90,383
-13%
Depreciation
$1,318,353
$1,508,824
+14%
Other
$9,522,959
$11,580,429
+22%
Total Expenses
$48,006,690
$54,092,775
+13%
Net income
2023
2024
Change
Net income
-$1,351,913
-$513,477
+62%
Functional Expenses
Summary
2023
2024
Change
Program
$34,920,190
$39,756,622
+14%
Admin
$11,802,713
$13,077,339
+11%
Fundraising
$1,283,787
$1,258,814
-2%
Total Expenses
$48,006,690
$54,092,775
+13%
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