IFMA Financial Statement 2015-2016

IFMA Financial Statement 2015-2016

INCOME STATEMENT 2016
REVENUE         2016     2015
          $ USD     $ USD
Membership Fees 108,500.00 107,000.00
Sponsorship/Donations 414,000.00 394,500.00
Miscellaneous Income 5,900.00 640.00
Advertising & TV Rights 316,000.00 309,400.00
Licensing and Event Income 315,000.00 286,470.00
Merchandising Revenue 62,600.00 69,720.00
Equipment Approval Fees 0.00 53,678.00
TOTAL REVENUE       1,222,000.00     1,221,408.00
                 
          2016     2015
EXPENSES       $ USD     $ USD
Administration
IFMA Staff Salary 162,000.00 139,810.00
Office Operating Expenses 124,800.00 116,470.00
Communication Expenses 30,600.00 31,480.00
317,400.00     287,760.00
IFMA Meetings       79,600.00     86,400.00
Travel Expenses       71,600.00     44,700.00
Anti-Doping Development     92,400.00     69,200.00
Development & Activity Expenses          
Annual SportAccord Expenses 52,600.00 53,046.00
SportAccord World Combat Games 0.00 0.00
International Games Support 96,800.00 85,290.00
Event Expenses 149,000.00 142,600.00
Promotional Materials 12,600.00 19,400.00
Marketing Expenses 22,600.00 29,500.00
TV Production Expenses 92,400.00 174,880.00
Youth development 112,500.00 92,800.00
IFMA Associate Organisation Membership 7,100.00 6,900.00
545,600.00     604,416.00
Charitable Projects     95,000.00     82,400.00
TOTAL EXPENSES     1,201,600.00     1,174,876.00
                 
PROFIT          20,400.00     46,532.00