IFMA Financial Statement 2016-2017

IFMA Financial Statement 2016-2017

INCOME STATEMENT 2017
REVENUE 2017 2016
$ USD $ USD
Membership Fees 112,600.00 108,500.00
Sponsorship/Donations 376,600.00 414,000.00
Miscellaneous Income 1,100.00 5,900.00
Advertising & TV Rights 324,000.00 316,000.00
Licensing and Event Income 335,000.00 315,000.00
Merchandising Revenue 52,100.00 62,600.00
Equipment Approval Fees 106,400.00 0.00
TOTAL REVENUE       1,307,800.00     1,222,000.00
                 
          2017     2016
EXPENSES       $ USD     $ USD
Administration
IFMA Staff Salary 159,600.00 162,000.00
Office Operating Expenses 174,500.00 124,800.00
New office renovations 48,600.00 0.00
Communication Expenses 31,600.00 30,600.00
414,300.00     317,400.00
IFMA Meetings       82,600.00     79,600.00
Travel Expenses       64,800.00     71,600.00
Anti-Doping Development     96,500.00     92,400.00
Development & Activity Expenses
Annual SportAccord Expenses 59,500.00 52,600.00
International Games Support 136,000.00 96,800.00
Event Expenses 155,000.00 149,000.00
Promotional Materials 11,200.00 12,600.00
Marketing Expenses 19,600.00 22,600.00
TV Production Expenses 104,000.00 92,400.00
Youth development 108,400.00 112,500.00
IFMA Associate Organisation Membership 7,100.00 7,100.00
600,800.00     545,600.00
Charitable Projects     82,600.00     95,000.00
TOTAL EXPENSES     1,341,600.00     1,201,600.00
                 
PROFIT          -33,800.00     20,400.00