Saturday, June 8th, 2013
Treasurer’s Report 2013 Annual Meeting
- JDS went to a system where membership dues are based upon income starting in January 2012 (levels at $30, $45, $60, and $75).
- 2012 end-of-year account balance: $16, 812.06 (compared to $12,000 in December of 2011, and $9000 in December 2010). Overall annual revenue sources are up almost 67% over two years ago. We are in sound financial health, though there is a lot of volatility in our revenue sources currently.
- Costs over last year are up about 15%. This is due to Ravitch book mailing, APA initiative, and increased costs for annual meeting.
- Our royalties check from TC Press went down to $194.52 in 2012; in 2011 it was $1036.24.
- 16 institutional memberships (library subscriptions to the journal) thus far for 2013 (2012: 26; 2011: 28; 2010: 33). We can probably expect this number to continue to decline.
- Continues to be a fairly large membership turnover; new memberships were 16 in 2010, 22 in 2011, 35 in 2012, and 26 in 2013 to date. This means that roughly 66% of the membership has joined over the past four years.
- Overall membership numbers appear on target compared to years’ past. At this time last year, we had 102 renewing members, and we ended with 141 members for the year. At this point, we have 75 persons who were members last year but have not yet renewed for 2013. Hence, despite our many efforts, our overall membership numbers are not growing.
- Thanks to the Daniel Tanner Foundation, which bought copies of Diane Ravitch’s The Death and Life of the Great American School System for all members. These books were all shipped to me at MSU. As part of the agreement, JDS was to pay for envelopes and shipping. Thank you to my secretary, Karen Gray, for stuffing envelopes and doing the mailing labels.
The cost for mailing came to $480.38.
When I learned that it costs at least $20 to ship a book overseas, I decided not to mail the Ravitch book to our international members. I have copies today for those members who are here. We should consider if there are not other options for international members.
- The Tanner Foundation also continues to support the publication of Education and Culture; the Foundation has also expressed interest in supporting the new online journal School & Society, especially for print copies during AERA.
Annual Meeting Attendance Numbers
|Past President’s Paper Session||?|
|School and Society Forum||?|
*Number of people who signed in; very rough estimate
JDS Recurring Budget Items
- Education and Culture journal: $3000
- School & Society web portal and journal: $100 (likely will increase in the future as we get the site and the journal running)
- New membership recruitment: Nothing currently allocated
- Membership Officer
- Graduate Student Liaison
- Commission on Social Issues: Nothing currently allocated
- Ed Theory sponsorship: $500
- Current website upkeep: $120
- PayPal fees: $100
- NING fees: $100
- APA Membership Fees for JDS Officers: $500*
- Annual Meeting ($7300):
- Plaques for Award Recipients: $100
- Room rental: $1350
- Reception: $4000
- Lecturer fee: $500
- Technology fees: $1000
- School and Society Forum: $350
* New for 2012
Ongoing Total Expenses: $11, 720
Annual Revenue Stream
- Individual Membership Dues: $7350
($5470 for 2011; $7350 for 2012; $xxx to date for 2013).
- Institutional Membership Dues: $1360
($2380 for 2011; $2210 for 2012; $1360 to date for 2013)
- Purdue University Press Licensing Revenue (Project Muse): $3500 ($3285.02 received in 2011; $3,744.18 for 2012)
- Tanner Foundation support for Education and Culture: $1000
- Royalties on Dewey Lecture Books: $200
- Institutional Sponsors: $3500
- 2012 sponsors: Georgia State University: $2500; Miami University: $500; University of Tennessee: $250; Pragma: $250
Ongoing Expected Revenues: $16, 910