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Molecular Biology and Evolution 2006 23(12):2521; doi:10.1093/molbev/msl109
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Published by Oxford University Press 2006.

Treasurer's Report for Financial Year 2005

Prepared by Marta L. Wayne, Treasurer

Marta L. Wayne

Society's total assets as of 22 May 2006:

  • Cash accounts: $399,732.69
  • Total CDs: $210,320.92

The journal is our major source of revenue. The journal did even better in 2005 than 2004, but as open access policies continue to evolve and memberships continue to decline, we may begin to see a decrease in profits in subsequent years. This year happily saw an increase of $41,123 over the adjusted income from last year.

We used our income to publish the journal, to provide seed money for annual meetings, to fund the Fitch prize and travel for contestants at an increased level, to introduce travel awards for undergraduates and additional graduate students, and to fund Council travel.


Expense Category 1/1/05–12/31/05
Inflows
    Interest income 2,290.01
    OUP journal revenue 211,052.00
Total Inflows 213,342.01
Outflows
    2005 meeting 15,530.86
    Bank charges 10.50
    Corporation fee 40.00
    Council travel 23,360.62
    Education 1000.00
    Fitch prize 1000.00
    Fitch prize travel 5,500.00
Miscellaneous Journal Expenses
    Web site host 286.80
    Editorial office 87,090.00
Total Journal Expense 57,772.47
Total Outflows 132,818.78
Overall Total 80,523.23


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This Article
Right arrow Extract Freely available
Right arrow FREE Full Text (PDF) Freely available
Right arrow Alert me when this article is cited
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Right arrow Email this article to a friend
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Right arrow Articles by Wayne, M. L.
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Right arrow Articles by Wayne, M. L.
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