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Molecular Biology and Evolution 2006 23(3):713; doi:10.1093/molbev/msj031
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Published by Oxford University Press 2006.

Research Article

Treasurer's Report for Financial Year 2004

Marta L. Wayne Treasurer

Society's total assets as of 30 May 2005:

  • Cash accounts: $281,585.39
  • Total CDs: $157,556.02

The journal is our major source of revenue. The journal did spectacularly well in 2004, making a profit for the society of $120,765.31, though some of this amount is recovered consortial income from the previous fiscal year ($8,528.90 from 2003; thus the actual profit for this year is $112,236.41). This is an increase of $80,832.24 over the adjusted income from last year.

We used our income to publish the journal, provide seed money for annual meetings, fund the Fitch prize (prize amount was raised to $1000), fund travel for Fitch prize contestants (travel allocations were increased by almost 60%), and fund Council travel.
Expense Category 1/1/04–12/31/04
Inflows
    Interest income 2,155.31
    OUP journal revenue 169,929.00
Total Inflows 172,084.31
Outflows
    2004 meeting 15,000.00
    Bank charges 76.65
    Corporation fee 40.00
    Council travel 8,908.88
    Education 0.00
    Fitch prize 500.00
    Fitch prize travel 1,521.00
Miscellaneous Journal Expenses
    Business management (Critchleys audit) 2,748.80
    Editorial office 22,500.00
    Postage 23.67
Total Journal Expense 25,272.47
Total Outflows 51,319.00
Overall Total 120,765.31


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This Article
Right arrow Extract Freely available
Right arrow FREE Full Text (PDF) Freely available
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Right arrow Articles by Wayne, M. L.
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What's this?