SOCIETY FOR MINING METALLURGY & EXPLORATION (SME)
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$18,634,057
Program Services
73%
Other
12%
Contributions
10%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$16,642,185
Other
43%
Salaries & Benefits
37%
Offices, Occupancy & IT
8%
Fees to Service Providers
4%
Grants
4%
Depreciation
2%
Advertising & Promotion
1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$236,120
$1,882,781
+697%
Government Grants
$243,632
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$11,998,327
$13,516,013
+13%
Membership Dues
$0
$0
-
Investments
$818,964
$1,072,959
+31%
Other
$1,622,030
$2,162,304
+33%
Total Revenues
$14,919,073
$18,634,057
+25%
Expenses
2023
2024
Change
Grants
$625,338
$670,299
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,883,711
$6,139,622
+4%
Fees to Service Providers
$722,645
$686,814
-5%
Advertising & Promotion
$155,462
$218,338
+40%
Offices, Occupancy & IT
$988,831
$1,384,030
+40%
Interest
$0
$0
-
Depreciation
$336,931
$327,599
-3%
Other
$6,684,885
$7,215,483
+8%
Total Expenses
$15,397,803
$16,642,185
+8%
Net income
2023
2024
Change
Net income
-$478,730
+$1,991,872
-516%
Functional Expenses
Summary
2023
2024
Change
Program
$13,457,653
$14,819,321
+10%
Admin
$1,651,933
$1,567,789
-5%
Fundraising
$288,217
$255,075
-11%
Total Expenses
$15,397,803
$16,642,185
+8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)