IOWA MEDICAL SOCIETYPub 78
Pub 78
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,972,261
Program Services
65%
Contributions
13%
Other
12%
Investments
10%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,971,017
Salaries & Benefits
60%
Other
19%
Fees to Service Providers
10%
Offices, Occupancy & IT
8%
Depreciation
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$373,630
$260,856
-30%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,256,895
$1,278,863
+2%
Membership Dues
$0
$0
-
Investments
$178,976
$205,152
+15%
Other
$17,468
$227,390
+1202%
Total Revenues
$1,826,969
$1,972,261
+8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,142,688
$1,181,231
+3%
Fees to Service Providers
$200,884
$187,303
-7%
Advertising & Promotion
$3,609
$3,174
-12%
Offices, Occupancy & IT
$132,383
$167,152
+26%
Interest
$0
$0
-
Depreciation
$72,600
$65,149
-10%
Other
$367,346
$367,008
0%
Total Expenses
$1,919,510
$1,971,017
+3%
Net income
2023
2024
Change
Net income
-$92,541
+$1,244
-101%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$1,919,510
$1,971,017
+3%
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